Jump to content



Photo

golds next leg higher


  • Please log in to reply
859 replies to this topic

#111 dougie

dougie

    Member

  • Traders-Talk User
  • 9,039 posts

Posted 07 April 2020 - 03:02 PM

no volume here at all. I see us breaking down hard



#112 K Wave

K Wave

    Member

  • Traders-Talk User
  • 26,604 posts

Posted 07 April 2020 - 07:41 PM

Next big decision about to be made on GDX??

 

gdx15.png


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#113 dougie

dougie

    Member

  • Traders-Talk User
  • 9,039 posts

Posted 07 April 2020 - 07:43 PM

if this were a three Up would we not see VOLUME?



#114 dougie

dougie

    Member

  • Traders-Talk User
  • 9,039 posts

Posted 07 April 2020 - 08:04 PM

http://www.321gold.c.../gdx_weekly.png

 

if so, where is the volume in this putative three. and that last leg down looks too short time wise



#115 linrom1

linrom1

    Member

  • Traders-Talk User
  • 3,996 posts

Posted 08 April 2020 - 11:26 AM

golds dsi =jumped 15 to 90 hmmmm

hgnsi =28   

that dsi # is troublesome

captain e waves http://www.321gold.c...wave040620.html

any comments by the elliotticians on the board

thanks

dharma

In order for captain's wave count to be valid: that's, he counts wave V as an abc and not an impulse. However, I see a clear ending diagonal move so in my opinion, wave V is an impulse.



#116 dharma

dharma

    Member

  • Traders-Talk User
  • 9,608 posts

Posted 08 April 2020 - 12:24 PM

YESTERDAY was the full moon.  today and tomorrow is the treasurys bond auctions. it will be interesting to see what happens . does the fed need to buy the whole offering or do some other entities step in. in the depression when a company/bank went bust the bond holders got 0 zilch nada nothing.  there is going to be alot of zombie companies out there

dharma



#117 dougie

dougie

    Member

  • Traders-Talk User
  • 9,039 posts

Posted 08 April 2020 - 12:55 PM

volume in miners dried up completely



#118 K Wave

K Wave

    Member

  • Traders-Talk User
  • 26,604 posts

Posted 08 April 2020 - 01:09 PM

GDX wedgie getting pulled tight....

 

Something coming very soon now....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#119 dharma

dharma

    Member

  • Traders-Talk User
  • 9,608 posts

Posted 08 April 2020 - 02:10 PM

GDX wedgie getting pulled tight....

 

Something coming very soon now....

wedged between several ma

pierre lasonde

https://www.kitco.co...show=Kitco-NEWS

dharma



#120 dharma

dharma

    Member

  • Traders-Talk User
  • 9,608 posts

Posted 08 April 2020 - 02:33 PM

dsi =84

hgnsi =32

i wonder if this is 3of 3 of 5  the wave of recognition. i wonder if the  dsi is just reflecting the market participants are convinced at 1650 gold is going higher

dharma

watching the dsi over the last couple of years. elevated #s  90 or higher w/corrections , it puts me on aler