i think fnv has bottomed fwiw
as has rgld
Edited by gannman, 06 June 2018 - 08:57 AM.
emerging wave 3
Started by
dharma
, Dec 18 2017 12:04 PM
1565 replies to this topic
#1371
gannman
-
- Traders-Talk User
- 6,948 posts
Member
Posted 06 June 2018 - 08:53 AM
feeling mellow with the yellow metal
#1372
dharma
-
- Traders-Talk User
- 9,618 posts
Member
Posted 06 June 2018 - 10:14 AM
patience its coming. after years of going down and consolidating interest in the sector is subdued. in addition the dollar has been on a tear. chart of the dollar/rupee https://gracelandupdates.com/wordpress/wp-content/uploads/2018/06/2018jun6usd3.png indians are one of the largest buyers of gold in the world. the rupee getting taken to the woodshed vs the dollar has made it more expensive to buy gold . however the import #s came in @77 tons for may , not counting black market imports , for the time of year , that is a solid #. w/indian buying season coming up i expect the #s to show very strong demand
the excitement in the gold market will not come in , until it is hundreds higher than it is now. we are getting closer and closer for markup.
dharma
#1373
Smithy
-
- Traders-Talk User
- 2,293 posts
Member
Posted 06 June 2018 - 12:55 PM
Senor, is there a way you can torture your gold count to get a 4th wave contracting tri on the 8 hour chart?
#1374
jabat
-
- Traders-Talk User
- 605 posts
Member
Posted 06 June 2018 - 02:20 PM
Cdleanly ST count on silver
#1375
dharma
-
- Traders-Talk User
- 9,618 posts
Member
Posted 06 June 2018 - 03:14 PM
dr $copper ............well sporting a woody!
who would have thunk it!
dharma
patience grasshopper. the die has been cast see those piles of debt. full employment, wage pressure, rising rates, eu cutting back on deflationary qe. yes golds time is coming
.
#1376
Smithy
-
- Traders-Talk User
- 2,293 posts
Member
#1377
K Wave
-
- Traders-Talk User
- 26,862 posts
Member
Posted 07 June 2018 - 07:42 AM
Wow..looks like Silver actually trying for some follow through, instead of the usual upthrust spike.
Is the tide gonna turn here today??
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1378
K Wave
-
- Traders-Talk User
- 26,862 posts
Member
Posted 07 June 2018 - 07:43 AM
Still waiting on Platinum 910 and and Gold 1310. If those get broken, may start to be a real believer....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1379
K Wave
-
- Traders-Talk User
- 26,862 posts
Member
Posted 07 June 2018 - 07:53 AM
200 day MA at 15.82 on SLV could be for all the marbles now...looks like we have a decent shot at gapping above it today...
Sure starting to look like potential for Synchronous turn out to weekly time frame here, as weekly 200 at 15.85.....although need to clear Weekly "Trendicator" 72 MA at 16 to really confirm weekly turn...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1380
K Wave
-
- Traders-Talk User
- 26,862 posts
Member
Posted 07 June 2018 - 07:55 AM
Platinum rejected twice now at 910...Bulls need one more push above there...
Back below 905, and things would start to look a bit iffy on that one...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
