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.
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.
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
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
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
Edited by tradesurfer, 24 September 2020 - 07:24 PM.
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
Posted 25 September 2020 - 10:14 AM
added a bit back of what I exited yesterday into early pullback
Senor
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.
Posted 25 September 2020 - 11:06 AM
Thanks. Really nice chart. Even caveman like me can follow it.
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