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the tree grew around the limb, change of season


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#961 Russ

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Posted 29 November 2019 - 01:36 PM

Silver and Gold are showing classic bull flag formations, a late January high or even spring is coming. GDXJ (bottom chart) appears to be breaking out of it's bull flag.

 

 

 

 

 


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#962 dougie

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Posted 30 November 2019 - 07:02 PM

thin market friday mean little imo

still think we have more work to do downside. happy to be proven wrong



#963 linrom1

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Posted 01 December 2019 - 01:24 PM

 

I think this count makes most sense with current wave structure.



#964 gannman

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Posted 02 December 2019 - 04:05 AM

now it gets interesting many stocks are showing they want to run

 

this should be the last leg down for gld imo we will see i dont see any large 

 

declines from here in the metal but gld really needs to close above 139 


feeling mellow with the yellow metal


#965 K Wave

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Posted 02 December 2019 - 09:43 AM

Platinum seriously coiled for the big move to come.....

 

Just need one more good push up for it to be in bulls favor...



#966 K Wave

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Posted 02 December 2019 - 09:51 AM

GDX pullback needs to stop right in this area, if bulls are going to turn the tide here....



#967 K Wave

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Posted 02 December 2019 - 10:01 AM

GDX pullback needs to stop right in this area, if bulls are going to turn the tide here....

 Almost as if on cue....

 

Now bulls gotta PUUUSSSHHH



#968 linrom1

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Posted 02 December 2019 - 10:16 AM

They're throwing everything at silver, it will fail; 2-3 counts point down, one is extremely bearish. That bearish count implies that wave B was finished at 17.2 and we're going straight for BIG Bertha wave c down to ..........14.50.

 

The alternate count is a move to 17.50, followed by wave c down, but not as deep.


Edited by linrom1, 02 December 2019 - 10:26 AM.


#969 K Wave

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Posted 02 December 2019 - 10:29 AM

They're throwing everything at silver, it will fail; 2-3 counts point down, one is extremely bearish. That bearish count implies that wave B was finished at 17.2 and we're going straight for BIG Berth wave c down to ..........14.50.

 

Looks like something about to give on Silver futs real soon....if bulls win out here, could get explosive upside...



#970 K Wave

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Posted 02 December 2019 - 10:31 AM

Nice looking first hourly candle for GDX as it made perhaps its last test of the hourly 900 for a while.

 

Follow through very important now....


Edited by K Wave, 02 December 2019 - 10:31 AM.