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the tree grew around the limb, change of season


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#971 K Wave

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Posted 02 December 2019 - 10:46 AM

The island in the yellow circle is the key to the whole thing now for GDXJ.

 

IF/WHEN that gets taken out, price should explode relentlessly upward....

 

The hourly chart is perfectly setup for it, now bulls just have to actually do it....

 

Back below 37 now would be No Bueno...

 

gdxj.png



#972 linrom1

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Posted 02 December 2019 - 10:56 AM

 

There is confluence of some very long MA 15min at about 17 and could be the key.



#973 linrom1

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Posted 02 December 2019 - 11:07 AM

QID up 0.77. Dominant move to sell market, secondary buy some gold?



#974 linrom1

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Posted 02 December 2019 - 11:51 AM

A lot of frustrated SLV buyers complaining about silver being manipulated, true but its opposite: its held up, not sold as its chart suggests There is no impulse way up in silver anywhere, it's all corrective?


Edited by linrom1, 02 December 2019 - 11:52 AM.


#975 linrom1

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Posted 02 December 2019 - 12:08 PM

 

In this chart silver is struggling with its super long Daily 1597 MA of 16.91. So how bullish is this? Don't know.... I could be wrong.


Edited by linrom1, 02 December 2019 - 12:09 PM.


#976 K Wave

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Posted 02 December 2019 - 01:18 PM

Thinking if GDXJ can clear 38.25 today, bears may start to fold their tent....



#977 linrom1

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Posted 03 December 2019 - 06:24 PM

 

Alternate presentation of old count, last one.



#978 tradesurfer

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Posted 07 December 2019 - 12:56 AM

https://thedailygold...old-stocks-now/