631 replies to this topic

[dharma]

heliocentric mercury enters sagg  80 % of the time that is bullish

while the bears are the loudest right here, i believe we are very close to a low in the sector. the miners are not following gold to new lows. they  continue to consolidate

silver is creating momentum divergences and there are positive divergences w/in the sector.

bottoming sometimes is a process. in spite of 5 yrs of consolidation , the sector is in a lengthy bottoming process

right now the market is keying off the dollar where the bait is 2:1 long to short   while the commercials are about 1;16 short this market. http://news.goldseek.../1531510569.php

betting w/the large specs has been hazardous to ones financial health

i am watching here waiting for the turn. it could be days, or weeks, or even months . but i believe it is coming sooner than later

dharma 

[Smithy]

Freebie from Thorson - HUI GOLD ratio pullback to neckline, supports the low-on-Monday view.

 

Edited by Smithy, 15 July 2018 - 11:53 AM.

[Smithy]

What date does heliocentric Mercury enter Sag?

[dharma]

next 12 days

dharma

[Smithy]

Thanks dharma

[K Wave]

GDX

 

All about floor recapture...or not... here at 22....

[SemiBizz]

Or establish the ceiling at 22.00

 

[Russ]

August is historically good for gold...

 

http://stockcharts.c...hp?symbol=$GOLD

[dharma]

pressing ! pressing ! but little headway dsi =13%  miners give little ground 

can netflix be the wake up call down -14% after hours after their earnings show them burning through money and new subscribers  disappearing. 

maybe all is not well in paradise???  dollar  looks toppy. commercials have outsized short position

 

dharma

nothing goes down forever. not even real money

[Smithy]

The notion that gold prices might rise after Monday is dead in the water.  $1210 here we come.