paas coming into buy range?
looks like a C down maybe ended today, been buyin a bit on this latest decline
Senor
Posted 26 February 2019 - 05:07 PM
paas coming into buy range?
looks like a C down maybe ended today, been buyin a bit on this latest decline
Senor
Posted 27 February 2019 - 04:10 PM
all the merger talks point to the fact that its cheaper to buy assets than to mine for them. this will not be lost on big money.miners are undervalued and unappreciated if the gold price can show some signs of life above 1380 it will be game on being patient here.i do have turns next week we need another wave up
dharma,
Posted 28 February 2019 - 12:05 AM
Gold is lagging, and as you mention dharma, it needs to move much higher. Every mining stock I own was down today. So I went and bought a starter position in RING. Of course it was down on the day as well I remain fully long in my mining portfolio and intend to remain so for the next couple of months or so. Meanwhile I sit on my hands and watch for what I see as another buying opportunity.
Posted 01 March 2019 - 02:58 AM
gold down 6 days straight. hourly divergences and in gdx also lets see what today brings.
day by day the debt grows.anyone ever wonder how pension funds will make their commitments?
just waiting miners very firm in spite of the underlying weakness in gold
dharma
Posted 01 March 2019 - 09:52 AM
Metals option expiry is probably affecting the prices right now.
Posted 01 March 2019 - 11:55 AM
pretty hard to see anything terribly bullish in miners since last sept with a few exceptions
Posted 01 March 2019 - 12:12 PM
down significantly into March 20 ish setting up a really bullish run?
Posted 01 March 2019 - 12:24 PM
down significantly into March 20 ish setting up a really bullish run?
down to the 200-day MA would be ideal, IMHO
Posted 01 March 2019 - 10:53 PM
AChartist (Tim) predicted on this board the high for gold in the 3rd week of Feb. and then was looking for a low ideally in mid March (6 weeks from late January) with the possibility of it going down for 9 weeks into early April but he preferred mid March. Then a big high into late summer.
Edited by Russ, 01 March 2019 - 10:54 PM.
Posted 02 March 2019 - 02:49 AM
i think we have to look at the possibility the whole rally since mid nov was a wave 4
look at the hui that does not look like an impulse wave
we could very well be in a wave 5 down fwiw