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bottoming process continues


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#791 senorBS

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Posted 12 May 2019 - 07:53 PM

GSR eked out another very marfinal new multi-decade high in early Sunday trading, divergences everywhere, watching to see if this might be another marginal new high and sharp reversal event, big evening and Monday

 

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#792 Russ

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Posted 12 May 2019 - 08:21 PM

Is she going to break out this week or head down to 1250 towards the end of May or early June? Note the double bottom which is usually important. 


Edited by Russ, 12 May 2019 - 08:28 PM.

"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



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#793 dougie

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Posted 13 May 2019 - 01:53 AM

we are near imo. looking at Aussie and canadian $ this down shold be over soon



#794 senorBS

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Posted 13 May 2019 - 07:53 AM

GSR eked out another very marfinal new multi-decade high in early Sunday trading, divergences everywhere, watching to see if this might be another marginal new high and sharp reversal event, big evening and Monday

 

Senor

looks like a bit of a potential near term spike/blowoff high developing in GSR, like the look of a possible gold breakout above 1291-1292 resistance, watch the DXY as its at a key nearer term sport area, impt session ahead

 

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#795 senorBS

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Posted 13 May 2019 - 08:22 AM

 

GSR eked out another very marfinal new multi-decade high in early Sunday trading, divergences everywhere, watching to see if this might be another marginal new high and sharp reversal event, big evening and Monday

 

Senor

looks like a bit of a potential near term spike/blowoff high developing in GSR, like the look of a possible gold breakout above 1291-1292 resistance, watch the DXY as its at a key nearer term sport area, impt session ahead

 

Senor

 

well that did not take long as gold looks like a decisive near term breakout above 1291-1292 and a very possible wave 3 developing, and GSR may have ended a near term blowoff spike at a new multi-decade high - GSR should really reverse sharply here if a key high was registered - meaning silver should really start to move, more and more interesting

 

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#796 Russ

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Posted 13 May 2019 - 08:54 AM

we are near imo. looking at Aussie and canadian $ this down shold be over soon

very near indeed.... and there she goes,  a late summer high should be coming now and Gold should now take out Armstrong's bullish reversal number at 1362 (turquoise line), oscillator shows trend reversal on this chart, previous chart for a low in late May to early June was incorrect interpretation on my part, this is not always easy but here it is as plain as day now. 


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#797 Russ

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Posted 13 May 2019 - 10:07 AM

from breakpointtrades.com

 


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#798 Russ

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Posted 13 May 2019 - 10:32 AM

More curve fun...  


Edited by Russ, 13 May 2019 - 10:39 AM.

"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#799 Russ

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Posted 13 May 2019 - 11:45 AM

Chillax... https://www.youtube....z&index=19&t=0s


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#800 stubaby

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Posted 13 May 2019 - 01:56 PM

Using $XAU seems like a final Wave c up of abc Wave 4 in progress, FWIW

 

http://schrts.co/tifISdTV