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#1131 Russ

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Posted 24 September 2020 - 02:58 PM

I got a signal on gold's 1 hour chart for a high around Oct 5, I don't normally like signals from minute charts but given the wedge shape on the chart it may be correct. 


Edited by Russ, 24 September 2020 - 02:59 PM.

"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



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#1132 senorBS

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Posted 24 September 2020 - 04:12 PM

jake bernsteins dsi

gold =30%

silver=37%

hgnsi=8.33%

these are not extreme #s  but heading in the right direction. we dont want to see the #s get too bullish too fast. if so more washout is in store.   

dharma

Dharma, can you confirm yesterday's silver DSI reading was in fact ZERO? and if it was have we ever had a ZERO before? Helluva nice day today, traders hat remains firmly in place.

 

Senor



#1133 dharma

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Posted 24 September 2020 - 04:59 PM

 

jake bernsteins dsi

gold =30%

silver=37%

hgnsi=8.33%

these are not extreme #s  but heading in the right direction. we dont want to see the #s get too bullish too fast. if so more washout is in store.   

dharma

Dharma, can you confirm yesterday's silver DSI reading was in fact ZERO? and if it was have we ever had a ZERO before? Helluva nice day today, traders hat remains firmly in place.

 

Senor

 

senor i cannot confirm that , these dsi #s have come down from the day before . so 37 was yesterdays reading.  not 0 that would be 

a helluva drop.   maybe there are other dsi readings. that is why i specified jakes #s   ???? granted yesterday was a ferocious down day. and there will be others on the way to 5k . its all part of the process. 

dharma



#1134 tradesurfer

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Posted 24 September 2020 - 07:24 PM

After reviewing the quarterly price bar chart (SILVER), I see several huge key supports at 21.12  .  I do not see us going much lower than that.

 

The daily chart and the recent crash down, shows we are obeying this support.  Seems to me that the max extent of this decline is OVER (27% total decline from recent highs).

 

We form a hammer candle today and I am a buyer here and on any retest.... or movement to 21.12

 

 

50380946492_86937e5056_o.jpg


Edited by tradesurfer, 24 September 2020 - 07:24 PM.


#1135 dougie

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Posted 24 September 2020 - 08:41 PM

JPM rigs Metals market gets billion dollar fine but does not need to do anything differently

 

https://www.bloomber...poofing-penalty



#1136 senorBS

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Posted 25 September 2020 - 10:14 AM

added a bit back of what I exited yesterday into early pullback

 

Senor



#1137 dharma

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Posted 25 September 2020 - 10:29 AM

this to me has the feel of 09 just before they handed the banks 675 billion. that was alot of money at that time

it has the feel of march 2020 just before they printed trillions to give to corporations and individuals as handouts from the state

now we await the next "stimulus" package.  gone are the days of honest money.  why produce when you can just print.  what a reality

w/each passing fiasco, the reason to own gold becomes more apparent.    its accumulation time. so far the 1853 is holding.  so on weakness i am buying silver stocks. the public is waking up . i look for silver to have an impressive run on this next leg. that cup and handle speaks 

dharma

trade surfer who is that you are quoting


Edited by dharma, 25 September 2020 - 10:30 AM.


#1138 jabat

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Posted 25 September 2020 - 10:45 AM

us dollar

https://pbs.twimg.co...=jpg&name=large



#1139 sea-bill

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Posted 25 September 2020 - 11:06 AM

Thanks.  Really nice chart.  Even caveman like me can follow it.



#1140 dharma

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Posted 25 September 2020 - 12:30 PM

does anyone care about dsi?if not i wont post em , i stopped posting em  because of no interest

 

golds dsi=25%

silvers dsi=35%

hgnsi =6.66

'

dharma