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bottoming process continues


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#691 dharma

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Posted 22 April 2019 - 10:05 AM

lots ot possibilities here. the cot report the cot reports were impressive https://gracelandupd...KncnWoOqA5WoVYk

and that is as of tuesday, thursdays smash not included
getting itchy
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#692 stubaby

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Posted 22 April 2019 - 02:50 PM

Another gap-filled on $XAU - two more gaps below from January, including the initial gap from 1-25 (I am assuming this one will not fill) - we should see a reversal pattern develop NOW. 



#693 Smithy

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Posted 22 April 2019 - 08:34 PM

Stu, here's hoping!



#694 senorBS

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Posted 23 April 2019 - 07:17 AM

I am thinkining one more modest gold and silver low here and then we have a very decent chance for downside completion, very oversold with 1-12 hr divergences and a nice oversold "coil" going

 

Senor



#695 senorBS

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Posted 23 April 2019 - 07:48 AM

I am thinkining one more modest gold and silver low here and then we have a very decent chance for downside completion, very oversold with 1-12 hr divergences and a nice oversold "coil" going

 

Senor

ok got the new lows, 14.78 in silver is the .618 of the large 5-wave rally, almost there, if I am right about this being a possible final leg down we should get a bottom soon and hard turn up, big morning IMO

 

Senor



#696 CLK

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Posted 23 April 2019 - 08:50 AM

https://invst.ly/altt2



#697 tradesurfer

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Posted 23 April 2019 - 09:44 AM

my worst fears are being realized... the Dollar index is breaking up to new 52 week highs.....   should cause continued pressure on gold and silver.

 

but will lead to banking crisis for rest of world



#698 senorBS

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Posted 23 April 2019 - 10:55 AM

so far so good, lets see if we might just get a convincing or solid rallysweatingbullets.gif

 

Senor



#699 dharma

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Posted 23 April 2019 - 11:03 AM

we had a 200 dollar rally, we have retraced about 1/2 that which is quite normal,uncomfortable but normal
the indian festival begins may 7 so indian physical buying should begin anytime now
my turns are may3-6 so that has kept me waiting. now we may have hit a significant low, as senor mentions above we are really oversold
it seems the commercials have worked out of alot of short positions.. i am waiting to see signs that i can say, i have seen this before
and get aggressive and buy.that has not happened yet. so, i wait and watch.
all those 3rd world countries that borrowed in dollars now have to pay more money to service their debts.i believe a very significant
move to the upside will be unveiled soon. my work shows 1700 by october. we shall see
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#700 dharma

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Posted 23 April 2019 - 11:26 AM

https://kingworldnew...19-1024x601.jpg
this new m&a period has begun.price appreciation will follow
dharma