1292 replies to this topic

[dougie]

 

KL my fave and biggest buy today acting nicely at 48.1 down less than 2%

I have multiple charts showing gold, gold stock indices and gold stocks going down into November same as last year, I consider these signals to be confirmed and expect gold to go down into the 1700's. 

 

 

 

good call so far Russ

[dougie]

 

C=A on $XAU today:

 

http://schrts.co/WMgcNCrt

nice, we'll soon see if a large ABC "might" be close to a low or we've got a lot more to go

 

Senor

 

we've got a lot more to go

 

by LOt how low can she go?

[dougie]

bearish

https://kimblecharti...OQlWCrUayh6ng==

[Russ]

 

 

KL my fave and biggest buy today acting nicely at 48.1 down less than 2%

I have multiple charts showing gold, gold stock indices and gold stocks going down into November same as last year, I consider these signals to be confirmed and expect gold to go down into the 1700's. 

 

 

 

good call so far Russ

 

Thanks,  I am also seeing trends on the dollar index for a high in Nov. which fits the gold call. 

[CHAx]

  Looks like some type of bottom washout selling in SI, even if it isn't *THE* bottom.  Should create a trade-able rally in GC/PL/SI.  I think pulllbacks can be bought for the  24-36 hours.... thats as far as my crystal ball goes....

[senorBS]

  Looks like some type of bottom washout selling in SI, even if it isn't *THE* bottom.  Should create a trade-able rally in GC/PL/SI.  I think pulllbacks can be bought for the  24-36 hours.... thats as far as my crystal ball goes....

Yep, when I posted the RSI stuff today in gold and silver and then that one day OPTIX reading of ONE in SLV (from another board) it was saying a bounce was probably likely. But its a long night and who knows, this did have the odor somewhat of a panic/capitulation day unless we are going to revisit March type selling. good trading to all

 

Senor

[K Wave]

 

  Looks like some type of bottom washout selling in SI, even if it isn't *THE* bottom.  Should create a trade-able rally in GC/PL/SI.  I think pulllbacks can be bought for the  24-36 hours.... thats as far as my crystal ball goes....

Yep, when I posted the RSI stuff today in gold and silver and then that one day OPTIX reading of ONE in SLV (from another board) it was saying a bounce was probably likely. But its a long night and who knows, this did have the odor somewhat of a panic/capitulation day unless we are going to revisit March type selling. good trading to all

 

Senor

 

Is that from Sentiment Trader on the Optix? Or just some guy doing his own calc?

[senorBS]

So many things happening here, the other day I mentioned an initial target of 84-85 in the GSR and the likelihood of that rally was one of the reasons I decided to go 100% cash, and I was already trading with much reduced positions sizes for a while before that. GSR just hit 85.50 area so lets see how it acts from here - are now seeing quick backoff to 82.86, expecting a lot of volatility tonight

 

Senor

[K Wave]

Silver DSI at ZERO...doesn't go any lower.

 

Doesn't mean price can a go a bit lower before bottom is made...but likely getting close to good IT bottom

 

[senorBS]

 

 

  Looks like some type of bottom washout selling in SI, even if it isn't *THE* bottom.  Should create a trade-able rally in GC/PL/SI.  I think pulllbacks can be bought for the  24-36 hours.... thats as far as my crystal ball goes....

Yep, when I posted the RSI stuff today in gold and silver and then that one day OPTIX reading of ONE in SLV (from another board) it was saying a bounce was probably likely. But its a long night and who knows, this did have the odor somewhat of a panic/capitulation day unless we are going to revisit March type selling. good trading to all

 

Senor

 

Is that from Sentiment Trader on the Optix? Or just some guy doing his own calc?

 

I believe it was from a guy who has access and just posted it on another board