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The unfolding upmove in gold

gold charting techincal analysis gold bull market

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#371 hhh

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Posted 09 November 2019 - 10:22 AM

https://www.dropbox....g?role=personal

 

I'm assuming the dot in April that looks like the low is a bad tick.


Edited by hhh, 09 November 2019 - 10:23 AM.


#372 hhh

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Posted 09 November 2019 - 11:24 AM

The bounce also happened to be the 38.2% retracement: https://www.dropbox....-21-36.png?dl=0

 

For the life of me, I can't post an inline image here. I use the image button, paste the link, and ... nothing but a placeholder icon.


Edited by hhh, 09 November 2019 - 11:26 AM.


#373 Smithy

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Posted 09 November 2019 - 11:30 AM

I use these guys for posting an image and select "BBCode full linked" and when I paste onto the board I remove the additional promo code before and after the [img] either side.

 

https://imgbb.com/


Edited by Smithy, 09 November 2019 - 11:30 AM.


#374 hhh

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Posted 09 November 2019 - 11:36 AM

GC-2019-11-09-08-21-36.png

 

Thanks Smitty, that works. Odd that the "image" button here is apparently unusable.


Edited by hhh, 09 November 2019 - 11:37 AM.


#375 Smithy

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Posted 09 November 2019 - 10:20 PM

This week's gold COT shows an open interest of 690,181 - a record for the 15 year's data I have.

It is good news for bulls in that more money is flowing into gold than ever. The bad news is that OI is a broad sentiment gauge, and upspikes often presage a peak in the gold price.



#376 Smithy

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Posted 12 November 2019 - 05:53 PM

Tuesday afternoon - gold $1456

 

Silver compared with SILJ:SLV

 

11-12-19-SILJ.jpg



#377 Russ

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Posted 14 November 2019 - 09:39 AM

The stockcharts button works for posting an image and also it works for tradingview..


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#378 hhh

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Posted 15 November 2019 - 08:17 AM

Screenshot-from-2019-11-15-05-13-34.png



#379 Smithy

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Posted 15 November 2019 - 08:37 AM

Nice! You can post those anytime!



#380 hhh

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Posted 15 November 2019 - 08:46 AM

I've been watching the daily Larry Pesavento "Trade what you See" videos (highly recommended) lately, but I've been into harmonics for a long time. They work.







Also tagged with one or more of these keywords: gold, charting, techincal analysis, gold bull market