Platinum finishing with bull flag for rest of day after the initial big pop....
It's all about follow through now...
the tree grew around the limb, change of season
Started by
dharma
, Sep 23 2019 09:51 AM
977 replies to this topic
#901
K Wave
-
- Traders-Talk User
- 27,419 posts
Member
Posted 26 November 2019 - 03:55 PM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#902
K Wave
-
- Traders-Talk User
- 27,419 posts
Member
Posted 26 November 2019 - 03:57 PM
Panic buying in GDXJ leaving intra-day gaps now.
As long as it holds above 37.10 now, potentially very bullish development there today....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#903
hhh
-
- Traders-Talk User
- 1,073 posts
Member
Posted 26 November 2019 - 03:58 PM
The Nov 4 to now DT line is being challenged right now. Bounced off, but a pretty good close for all the profit taking that must be happening.
Edited by hhh, 26 November 2019 - 04:00 PM.
#904
Russ
-
- Traders-Talk User
- 7,204 posts
Member
Posted 27 November 2019 - 12:13 AM
Panic buying in GDXJ leaving intra-day gaps now.
As long as it holds above 37.10 now, potentially very bullish development there today....
GDXJ has a developing trend (not totally confirmed yet) for a high in summer 2020.
"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/
"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/
#905
linrom1
-
- Traders-Talk User
- 4,039 posts
Member
Posted 27 November 2019 - 09:14 AM
I have updated my SLV chart. There are some major changes:
I assume that wave A is complete as well as wave B. This should be wave C and wave (iii) of v, if NOT than wave B is going to move up to 17.4-50 area before another leg down.
#906
hhh
-
- Traders-Talk User
- 1,073 posts
Member
Posted 27 November 2019 - 09:19 AM
XAG is exactly at the 50% retrace of the rally from June right now. A very important level to maintain.
#907
K Wave
-
- Traders-Talk User
- 27,419 posts
Member
Posted 27 November 2019 - 09:23 AM
So far, no sign of any follow through...yet again...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#908
linrom1
-
- Traders-Talk User
- 4,039 posts
Member
Posted 27 November 2019 - 10:00 AM
Too weak for wave (iii), its moving down but no momentum.
#909
K Wave
-
- Traders-Talk User
- 27,419 posts
Member
Posted 27 November 2019 - 10:03 AM
Whoever wins this little battle on GDXJ here between 37 and 37.10 likely takes the ball for a bit....bulls just about outta time for now, time to [bleeeep] or get off the pot.
So if 37 goes, ball likely to start rolling down hill again....
OTOH if it holds here, and yesterday's high gets taken out, then then big ascent may finally begin in earnest...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#910
hhh
-
- Traders-Talk User
- 1,073 posts
Member
Posted 27 November 2019 - 10:08 AM
Gold's looking a little perky here and PL bounced off its triangle lower line at 897.
Edited by hhh, 27 November 2019 - 10:09 AM.
