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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...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
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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.
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Posted 02 December 2019 - 11:07 AM
QID up 0.77. Dominant move to sell market, secondary buy some gold?
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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.
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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.
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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....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 03 December 2019 - 06:24 PM
Alternate presentation of old count, last one.
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