aem came out with nice results on thursday and was strong on friday fwiw
bottoming process continues
#411
Posted 18 February 2019 - 04:21 AM
#412
Posted 18 February 2019 - 07:52 AM
aem came out with nice results on thursday and was strong on friday fwiw
and Platinum very possibly saw an int term IMO at least, double bottom near 877 and could now see a large rally phase, also did DXY finish a deep upside corrective rally last week and is it now ready for a very large decline leg? lots of potential bullish looking stuff from varied sectors coming together here IMO, as always DYODD
BSing away
Senor
Edited by senorBS, 18 February 2019 - 07:56 AM.
#413
Posted 18 February 2019 - 08:03 AM
I mentioned SBGL, the GoldFields SA golds offshoot, few weeks ago. Looking good.
Hadik thinks platinum won't bottom til April. Senor, I think your count is better. As I've mentioned, it is a 60 year cycle low.
#414
Posted 19 February 2019 - 11:11 AM
GDXJ looks to be taking out the July reversal candle......This could be big folks, if bulls can keep the train chuggin' here today...
Edited by K Wave, 19 February 2019 - 11:11 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#415
Posted 19 February 2019 - 12:52 PM
and da beat goes on.......
Senor
#416
Posted 19 February 2019 - 01:59 PM
i like the action. cut through 1330 resistance like a knife through butter. but the big important stuff sits at 1380 which i believe will be taken out , but i want the market to prove it. if so . i think we chug into sept /oct 1700s . yes , i am a bull. cloaked in missouri clothing. india/china have about 3 billion people 1/2 of which are below the age of 35 and are giant savers, and they save in gold. once upon a time the dollar was gold . miners look good . lets see this advance get broad based in commodities. mountains of debt can never be paid off. the fed is trapped. on and on
dharma
#417
Posted 19 February 2019 - 03:34 PM
the big money in the space is nem/gold i am watching these 2 to see if they can break their previous highs . keep in mind the mergers caused them to go lower. so now they need to break previous highs to confirm trend direction
dharma
#418
Posted 20 February 2019 - 10:05 AM
i like the action. cut through 1330 resistance like a knife through butter. but the big important stuff sits at 1380 which i believe will be taken out , but i want the market to prove it. if so . i think we chug into sept /oct 1700s . yes , i am a bull. cloaked in missouri clothing. india/china have about 3 billion people 1/2 of which are below the age of 35 and are giant savers, and they save in gold. once upon a time the dollar was gold . miners look good . lets see this advance get broad based in commodities. mountains of debt can never be paid off. the fed is trapped. on and on
dharma
This chart sure looks encouraging....
A dispy doo under the 900 day MA after a big battle for the 900 day, and then a reclaim after a long bear market usually signifies sellers are TOAST....
Edited by K Wave, 20 February 2019 - 10:05 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy