it is "usually" not good to see a massive red candle just after a breakout attempt.....
GLD 15 min
Edited by K Wave, 15 September 2020 - 09:28 AM.
Posted 15 September 2020 - 09:27 AM
it is "usually" not good to see a massive red candle just after a breakout attempt.....
GLD 15 min
Edited by K Wave, 15 September 2020 - 09:28 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 15 September 2020 - 09:31 AM
Could very well turn out to be all about the 1 min 900 now on GLD for the near term....
back above 184, and bulls would likely pull off the stick save...
Edited by K Wave, 15 September 2020 - 09:32 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 15 September 2020 - 09:33 AM
SLV may be just about at the moment of truth here.....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 15 September 2020 - 09:52 AM
backtest of 1 min 900 on GLD from underneath.
Stick save, or over the edge we go?
Decision should be soon....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 15 September 2020 - 11:50 AM
so far looking like a 3 and out for the bears....
now we see if bulls can drive for a score...
big pivot set this AM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 15 September 2020 - 11:56 AM
Yeah, GCZ pivot centered on 1960 (circa spot 1950) - good call
Posted 15 September 2020 - 11:56 AM
so far looking like a 3 and out for the bears....
now we see if bulls can drive for a score...
big pivot set this AM
Roger that.
nice play by play. Im looking to add to my swing longs on dips now for GC/SI. Im almost full, gobbled up some nice positions in PL last week.
Posted 15 September 2020 - 02:40 PM
Just to make it even "funner" there remains a possibility that todays intraday highs in GDX/GDXJ/HUI/XAU were only D of the contracting tri and Wave E down could be now starting - LOL
Senor
Posted 15 September 2020 - 02:49 PM
"they" could have some fun tomorrow with lets say GDXJ seeing a very sharp intraday decline down to close the gap near 58.50 and end wave E? that would be "fun"!
Senor