I am just wondering if that was it don't know the .38 retrace area on gld is 174
an abc down can always morph into a double zig, I did notice that daily RSI on GLD reached the lowest level since the early June low so we did relieve the daily overbought condition, like what I see so far
Senor
make no mistake i am a bull. but i see this as a B in a double zig zag. i am looking for yesterdays low to be taken out , but first a
good rally which looks convincing. but fails to make new highs. for me time is key and i dont see this taking off for another couple of weeks. i do see support for commodities. starting now i see flooding taking place in some areas of the world . and on the 17 th sun goes into leo . so i see support from several planets for commodities . i am still building dba. i have done 4 tranches so far. if this fractal continues to match the 70s then commodities need to be a support for gold . it is coming , we are in and approaching that time. just sitting for now i have lots of exposure. i am quite comfortable. the debt is going into the stratosphere. w/covid hanging around and some folks using it to try and make a fortune. oh and we did hit the 50%retracement
dharma
cup and handle w/joe for silver
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