1292 replies to this topic

[stubaby]

https://stockcharts.com/h-sc/ui weekly novo if this doesnt work put up a weekly novo chart for some reason when i copy and paste it doesnt work

dharma

You need to go into edit mode and then select the "Permalink" button below the chart and copy/then past the link.

[dougie]

are we in 'e' down in XAU from August high

[gannman]

i did not expect this pull back in gld and slv but it is fine imo

 

they should not go that much higher then when gld gets over 186 

 

the correction in them is over 

[gannman]

they should not go that much lower i meant

[dharma]

from the 9/23 lows in gld it looks like we completed 5 waves up. did yesterday complete the correction or was it just A of 2 ??

anyway my point is i dont think the correction has much more to go in time or in price. although it looks like a stimulus package before the election is not going to happen.  whoever wins there will be more printing. =bullish for gold.  so , i am content to sit and wait.   

i remind myself the metals are in a bull market

dharma

[Russ]

Dollar strength is the enemy of gold prices, the dollar index chart looks to have an inverse H&S and a bull flag on it with projections into Nov. for a high. 

 

 

[gannman]

 gdx from the low on the 7th to the high today looks like 5 waves up 

 

we will see 

[senorBS]

GSR looks higher to me and that worries me, took off half of longs

[dougie]

what happened to Kwave?

[stubaby]

GSR looks higher to me and that worries me, took off half of longs

Lots of things to worry about, but GSR still OK (doing a back test of the small reversal pattern that formed at the 23.6% FIB of the entire impulse move down), needs to turn back down again soon