13 replies to this topic

[Rogerdodger]

This week's KITCO SURVEY has ZERO gold bears on wall street.

 

Thirteen market professionals took part in the Wall Street survey. Ten, or 77%, called for gold to rise. There were no votes saying gold would fall, with three voters, or 23%, neutral or calling for a sideways market.

 

Meanwhile, 820 votes were cast in an online Main Street poll. A total of 475 voters, or 58%, looked for gold to rise in the next week. Another 208, or 25%, said lower, while 137, or 17%, were neutral.

 

 

"Everybody's Right, Everybody's Wrong"

Everybody's wrong everybody's right
Someone must be wrong when someone else is right
Everybody's wrong everybody's right
You tell me that I'm wrong
Then you tell me that I'm right

~SHAM 69 LYRICS~

Edited by Rogerdodger, 19 January 2020 - 01:13 PM.

[K Wave]

Makes the astounding relative under performance of the miners the last week or so, along with their late day fold up the tents on Friday, all the more concerning... 

[dougie]

not what you want to see. add that to COT and a serious pullback must be considered

[dougie]

IMO those big wicks we saw earlier this year could be traps

[dougie]

so if we take out last weeks lows i would say caution is in order for miners.

[stubaby]

so if we take out last weeks lows i would say caution is in order for miners.

http://schrts.co/cPBYxVgS

 

would trigger small head-and-shoulders neckline break and target 90 on XAU - needs to rally here early this week above that right shoulder:

 

 http://schrts.co/SGuInFuZ

 

critical week!

[dougie]

 

so if we take out last weeks lows i would say caution is in order for miners.

http://schrts.co/cPBYxVgS

 

would trigger small head-and-shoulders neckline break and target 90 on XAU - needs to rally here early this week above that right shoulder:

 

 http://schrts.co/SGuInFuZ

 

critical week!

 

nice chart work Stu!

You have been doing some really great work this [ast year!

I favor your alt.

[dougie]

 

 

so if we take out last weeks lows i would say caution is in order for miners.

http://schrts.co/cPBYxVgS

 

would trigger small head-and-shoulders neckline break and target 90 on XAU - needs to rally here early this week above that right shoulder:

 

 http://schrts.co/SGuInFuZ

 

critical week!

 

nice chart work Stu!

You have been doing some really great work this [ast year!

I favor your alt.

 

were therer supposed to be annotations on that last chart? I see them on the first chart

[stubaby]

 

 

 

so if we take out last weeks lows i would say caution is in order for miners.

http://schrts.co/cPBYxVgS

 

would trigger small head-and-shoulders neckline break and target 90 on XAU - needs to rally here early this week above that right shoulder:

 

 http://schrts.co/SGuInFuZ

 

critical week!

 

nice chart work Stu!

You have been doing some really great work this [ast year!

I favor your alt.

 

were therer supposed to be annotations on that last chart? I see them on the first chart

 

yes - it's a 'close-up' view of the first chart:   http://schrts.co/NDVhsdUg

[dharma]

corrections tend to confuse

as i have been saying , the market will be directionless and choppy till the 27 . and now i see the 27th starts golden week , so the chinese market will be closed. which other than last year , is a down week for gold. 

i am still on the buy .  i have more cash w/cgoof being taken out 

the over bullishness of the iranian attack is still being worked off

oh and by the way the feds balance sheet is on a rocket ride they are still printing each and every day

put away the microscopes.

dharma