Gold's looking a little perky here and PL bounced off its triangle lower line at 897.
I would say yesterday was "perky", today is "jerky", don't like today unless we close at least decently above current levels
Senor
the tree grew around the limb, change of season
Started by
dharma
, Sep 23 2019 09:51 AM
977 replies to this topic
#911
senorBS
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Posted 27 November 2019 - 11:03 AM
#912
K Wave
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Posted 27 November 2019 - 11:12 AM
Gold's looking a little perky here and PL bounced off its triangle lower line at 897.
I would say yesterday was "perky", today is "jerky", don't like today unless we close at least decently above current levels
Senor
Yup, thus far, looks like total failure at key pivot spot by bulls...
Not touching PM long now until today's swing high on that first bounce is taken out.
Sitting right at 1 min 900 on GDXJ right now, so this might be last shot at turning things around.
Much below 36.80, and the odds of downside acceleration start to increase...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#913
hhh
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Posted 27 November 2019 - 11:32 AM
We're following Q4 seasonality fairly well with today(ish) as a ST low and then up into early December: https://www.sunshine.../22/gold-q4.png
#914
gannman
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Posted 27 November 2019 - 11:35 AM
So yesterday imo was iv of c after this leg down
If that count is right we should see a real strong move up
We will see
If that count is right we should see a real strong move up
We will see
feeling mellow with the yellow metal
#915
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Posted 27 November 2019 - 12:00 PM
GDXJ bounced at 36.80...now we see what happens on backtest of 37
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#916
K Wave
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Posted 27 November 2019 - 12:32 PM
Should be getting very close now to end of the big wedgie....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#917
dharma
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Posted 27 November 2019 - 12:32 PM
so will the american taxpayer get stuck w/these toxic assets??? https://www.reuters....e-idUSKBN1Y11EL
in case you wondering how will db get out of their losses?
golds time is near , but not here. yesterdays promise is todays failure. the bulls fumbled
i have had next week as the turn . we shall see
dharma
#918
hhh
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Posted 27 November 2019 - 03:22 PM
Did the junior miners start selling yoga pants or burritos or something? Someone just realized there's value there, even at this gold price.
#919
K Wave
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Posted 27 November 2019 - 03:26 PM
Bulls still hangin' in there...maybe next week they finally take control....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#920
dharma
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Posted 27 November 2019 - 03:28 PM
if you have some time john maudlin https://www.zerohedg...nothing-forever
this is an interview w/paul tudor jones and ray dalio https://finance.yaho...-184135910.html
oh my !
dharma
pms hangin in there. the tone of the market has changed there are real buyers. not the bugs who are always there after the next correction.
Edited by dharma, 27 November 2019 - 03:29 PM.
