Jump to content



Photo

the tree grew around the limb, change of season


  • Please log in to reply
374 replies to this topic

#371 gannman

gannman

    Member

  • Traders-Talk User
  • 4,941 posts

Posted Today, 02:56 PM

i am looking at this thing. i try to be honest in trading yes i want a bottom in but if this thing 

 

has truly bottomed we have to see some juice here which i am not seeing

 

i also dont like the daily macds  here in gld and the gdx. it could most definitely

 

take another week here for a bottom to come in. do i think it is going to get killed no

 

but if it bottomed let gld take out 145 with some volume and let slv bust out on some volume 

 

believe me i am going to add on to my positions when i am convinced the bottom is in

 

but it could well take another week for this bottom to occur not being negative but i need those 

 

criteria to be met 


feeling mellow with the yellow metal


#372 dharma

dharma

    Member

  • Traders-Talk User
  • 7,944 posts

Posted Today, 02:58 PM

volume is very light today

dharma



#373 gannman

gannman

    Member

  • Traders-Talk User
  • 4,941 posts

Posted Today, 05:50 PM

https://wallstreetex...ignal-a-crisis/


feeling mellow with the yellow metal


#374 senorBS

senorBS

    Member

  • TT Member+
  • 8,938 posts

Posted Today, 06:44 PM

MACD rejection looks like another little low needed.

No



#375 hhh

hhh

    Member

  • Traders-Talk User
  • 380 posts

Posted Today, 07:16 PM

 

MACD rejection looks like another little low needed.

No

 

I didn't realize earlier that the posted chart is four days old and GLD did indeed make an (almost) double bottom with that last bar two days after it.