We're targeting 1216 for the first part of this move. If anything changes, we'll let you know.
Posted 05 January 2019 - 02:56 PM
We're targeting 1216 for the first part of this move. If anything changes, we'll let you know.
Posted 06 January 2019 - 03:56 PM
Edited by tradesurfer, 06 January 2019 - 03:56 PM.
Posted 07 January 2019 - 06:56 AM
I have a couple low cycles in 2-4 weeks could be a pullback now. These should be more like pullbacks.
One is 10 week cycle another is very highly correlated is a fundamental cycle.
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
Posted 10 January 2019 - 04:12 PM
I have a couple low cycles in 2-4 weeks could be a pullback now. These should be more like pullbacks.
One is 10 week cycle another is very highly correlated is a fundamental cycle.
I am showing a low in about a week for gdx, but I think we are in the beginning of the next bull market going out for several years. Gdx broke above the long trend-line (green) coming off the 2016 highs which is a bullish breakout.
Edited by Russ, 10 January 2019 - 04:17 PM.
Posted 18 January 2019 - 08:50 AM
So gold testing the 1278.1 Volume Support from the BEARISH OUTSIDE REVERSAL on 1/4/19... note it FAILED to test RESISTANCE at 1300.4... that is NORMAL for gold in a down trend... CONFIRMATION of the downtrend comes when we get a CLOSE under 1278.1
Posted 30 January 2019 - 08:29 PM
Semi,
With no close below the 1,278.10 level and a breakout over the 1,300.40 resistance level are you Bullish Gold?
JDJ
Posted 31 January 2019 - 12:21 AM
Semi,
With no close below the 1,278.10 level and a breakout over the 1,300.40 resistance level are you Bullish Gold?
JDJ
GOLD - ROLLING INTO NEW APRIL FRONT MONTH...on a bullish setup as gold complex moved sharply higher now off the long consolidation just under 1300... we had a high today of 1328 and a low of 1313, closing at 1324... trading at 1324 in after hours... so volume was strong enough, and we have a nice sign of strength in gold as the F'ed statement was interpreted as Dovish.... we're expecting this to rally further with an upside target of 1338.30 for the moment
Posted 31 January 2019 - 08:04 PM
Figured things may have changed. I'm long SLV for a long term hold position as we just closed above the 17 month MA and things looking good to me.
JDJ