emerging wave 3?
#301
Posted 03 November 2017 - 08:41 AM
#302
Posted 03 November 2017 - 09:04 AM
Gold/metals need to hold here
#303
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
Posted 03 November 2017 - 09:50 AM
I'm keeping an eye on 2 candidate gold low dates: Monday and Thursday.
#305
Posted 03 November 2017 - 10:07 AM
got my fills it is now show and tell time!
Senor
#306
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
Posted 03 November 2017 - 11:15 AM
Suspect however his trade while profitable will be short
#308
Posted 03 November 2017 - 11:40 AM
fnv releases earning before the open on monday fwiw
#309
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!
Senor
#310
Posted 03 November 2017 - 11:46 AM