seems like the decline this week slayed/muted almost everyone except big mouth Senor Yet GDX looks to be having an outside week with an up close and GDXJ is not far away from doing the same, muy interesting
emerging wave 3
#1521
Posted 29 June 2018 - 12:45 PM
#1522
Posted 29 June 2018 - 02:40 PM
gold cots
http://news.goldseek.../1530300454.php
cots grow more bullish
the large bait reduced longs and added to shorts
while the sharks added longs and reduced shorts
similar in silver
these cots grow more bullish
keep in mind the figures are as of tuesday
dharma
ps this is the 2nd smallest commercial short position , behind dec of 15
ding ding ding
Edited by dharma, 29 June 2018 - 02:43 PM.
#1523
Posted 29 June 2018 - 03:07 PM
gold cots
http://news.goldseek.../1530300454.php
cots grow more bullish
the large bait reduced longs and added to shorts
while the sharks added longs and reduced shorts
similar in silver
these cots grow more bullish
keep in mind the figures are as of tuesday
dharma
ps this is the 2nd smallest commercial short position , behind dec of 15
ding ding ding
another piece falls into place, no guarantees but death, taxes , and Humpty Trumpty tweets, and da beat goes on
Senor
#1524
Posted 29 June 2018 - 07:39 PM
Will we see 5 on Monday?
That will be the tell
#1525
Posted 30 June 2018 - 11:52 AM
Some very supportive chart action from different areas into weeks end, dollar index looks like burnt toast, double daily divergence into the recent high, big reversal down yesterday and at worst a clean 5 down hourly. GDX/Gold ratio total breakout last week and could easily be in a 3rd wave higher, HUI/gold a bit weaker but looks to be following GDX's lead. CRB looks like a large and done abc down with a nice rally and close back above 200. Got miners?
Senor
#1526
Posted 01 July 2018 - 08:08 AM
End of June is the big annual seasonal silver low and buy for those wanting to stack.
#1527
Posted 01 July 2018 - 10:57 AM
For those who are superstitious. The upcoming solar eclipse on August 11th is the match of the one on 7/31/2000, which was the midpoint of the 1999-2001 gold double bottom. The next occurrence will be 8/21/2036. Mark your calendar.
#1528
Posted 01 July 2018 - 02:08 PM
#1529
Posted 01 July 2018 - 10:55 PM
#1530
Posted 02 July 2018 - 11:24 AM
Watching 32.60-70 area today on GDXJ....IF bulls can reclaim the old floor, could be possible first sign that Miners might lead the metals outta the hole...
But if it gets rejected at the old floor, and turns back down, would be no bueno.....
Yep, bulls still got nuthin'...
Platinum being nuked to near multi-deacde lows...if it were to close the month of July here at 825 or under, would be lowest monthly close since 2004....
Of course, long way to go in July yet, and could still see massive reversal by end of it.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy