And there goes Silver...total collapse mode now after backtesting both the 2 hour and 4 hour 900s from underneath simultaneously...
Edited by K Wave, 08 March 2020 - 11:13 PM.
The REAL wave 3, possible V bottom thread
Started by
senorBS
, Mar 02 2020 10:28 PM
119 replies to this topic
#61
K Wave
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Posted 08 March 2020 - 11:13 PM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#62
K Wave
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Posted 08 March 2020 - 11:14 PM
Gold had better hold 1675, or could get ugly there as well...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#63
dougie
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Posted 09 March 2020 - 01:03 AM
why this looks to me like we mabe completed 5 up iin gold
#64
K Wave
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Posted 10 March 2020 - 12:08 AM
IF still long Gold, may want to tighten up stops here overnight....lookin' a wee bit suspect right about now....below 1660, and wheels could fall off for a while...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#65
K Wave
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Posted 10 March 2020 - 12:09 AM
And there she goes....
Could be quite the cliff dive tonight...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#66
linrom1
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Posted 10 March 2020 - 01:31 AM
Can you figure out pattern in this chart?
#67
dougie
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Posted 10 March 2020 - 01:55 AM
yeah looks like we need a move 5 up
#68
K Wave
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Posted 10 March 2020 - 08:23 AM
Gold coming down for 3rd crack at taking out 1660...one time too many??
Seeing possibility for fast big drop if it lets go here dead ahead...
Back above 1668 now, and swoon may be averted...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#69
gannman
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Posted 10 March 2020 - 09:17 AM
gld has a fib turn thursday about 2 pm right now it is doing a very normal abc correction imo
which is bullish as the b wave exceeded the top of the last impulse. this move is all corrective to me
anyway thursday about 2 pm is a time frame to watch for gld all fwiw
feeling mellow with the yellow metal
#70
linrom1
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Posted 10 March 2020 - 09:18 AM
Miners and price are diverging, something is up. Are they pricing in a rate cut?
