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The unfolding upmove in gold

gold charting techincal analysis gold bull market

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#401 Smithy

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Posted 02 December 2019 - 10:14 AM

Mon morning 10 am EST

 

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#402 Smithy

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Posted 09 December 2019 - 02:31 PM

The RPW is usually a reversal pattern but can occasionally be continuation. Direction determined by the break of either point 5 or 6.

An upside break may confirm the low.

 

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#403 Smithy

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Posted 09 December 2019 - 06:34 PM

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#404 Smithy

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Posted 17 December 2019 - 11:43 AM

Yesterday, Monday,and today, gold shares keep pulling downwards and gold doesn't follow.

Traditionally gold shares lead gold.



#405 Smithy

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Posted 17 December 2019 - 12:08 PM

Intraday HUI:GLD against GLD as at Tues 12 noon EST

 

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#406 Smithy

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Posted 17 December 2019 - 09:30 PM

Received this freebie from Eric Hadik noon today, Tuesday.

 

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#407 Smithy

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Posted 20 December 2019 - 01:11 PM

GDXJ looking like key reversal day



#408 Smithy

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Posted 21 December 2019 - 11:58 AM

Saturday 12/21

 

Bunch of bearish factors surfaced on Friday. Weekly key reversal on palladium, platinum down $25, bearish closes on GDXJ, SILJ and others, HUI:Gold ratio diverging bearishly against gold. Seems to me Capt E-wave's count remains a possibility.

Comments welcome.

 

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#409 dougie

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Posted 21 December 2019 - 05:53 PM

yeah that scenario if favoourd by quite a few



#410 Smithy

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Posted 22 December 2019 - 06:32 PM

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