Jump to content



Photo

emerging wave 3?


  • Please log in to reply
634 replies to this topic

#301 jabat

jabat

    Member

  • Traders-Talk User
  • 606 posts

Posted 03 November 2017 - 08:41 AM

Gold-30-min-1.jpg

 



#302 jabat

jabat

    Member

  • Traders-Talk User
  • 606 posts

Posted 03 November 2017 - 09:04 AM

Gold/metals need to hold here

 

gold-miners-and-steel-6-pack-testing-sup



#303 senorBS

senorBS

    Member

  • TT Member+
  • 10,968 posts

Posted 03 November 2017 - 09:48 AM

don't fully trust this rally and I see "possible" ending wave 'e" of bearish contracting triangles basis hourly charts (GDX and XAU) - if correct ONE more thrust down to buy so reduced longs back to 20% long - take out today's miner index/ETF highs by much and I get a lot more near term bullish. Keep in mind that the thrust down "if" we get it could be a very good point to buy below GDX 22.30 and XAU below 80.66 - not really that far away, as always DYDD

 

Senor

still like my "el thrusto" scenario to below GDX 22.30 (now accomplished) then a reversal back up, XAU already below target, adding to longs, if all orders exectued will be about 35-40% long

 

Senor

 

Senor



#304 Smithy

Smithy

    Member

  • Traders-Talk User
  • 2,299 posts

Posted 03 November 2017 - 09:50 AM

I'm  keeping an eye on 2 candidate gold low dates: Monday and Thursday.



#305 senorBS

senorBS

    Member

  • TT Member+
  • 10,968 posts

Posted 03 November 2017 - 10:07 AM

got my fills it is now show and tell time!sweatingbullets.gif

 

Senor



#306 dharma

dharma

    Member

  • Traders-Talk User
  • 9,625 posts

Posted 03 November 2017 - 10:45 AM

i am stepping back a bit

lots of crosscurrents

gdx lower low gld and gdxj not

119.87 200 dma on gld

 the banksters still have a short position to work off

going to wait a bit longer w/adds. 

dharma



#307 dougie

dougie

    Member

  • Traders-Talk User
  • 9,071 posts

Posted 03 November 2017 - 11:15 AM

Senor nails it again
Suspect however his trade while profitable will be short

#308 gannman

gannman

    Member

  • Traders-Talk User
  • 6,948 posts

Posted 03 November 2017 - 11:40 AM

fnv releases earning before the open on monday fwiw


feeling mellow with the yellow metal


#309 senorBS

senorBS

    Member

  • TT Member+
  • 10,968 posts

Posted 03 November 2017 - 11:42 AM

Senor nails it again
Suspect however his trade while profitable will be short

Hope you are wrong about duration amigo!napoleon.gif

 

Senor



#310 dougie

dougie

    Member

  • Traders-Talk User
  • 9,071 posts

Posted 03 November 2017 - 11:46 AM

I doubt in your case that hope enters into the equation