1426 replies to this topic

[senorBS]

possible miner bullish divergence vs gold today with the large decline in gold to new lows at 1775 area "so far" pre market miners not confirming (GDXJ/GDX/KL etc) vs this weeks earlier decline lows. In addition gold looks like its ending a wave 5 here from mid Nov. high near 1900, depending on ultimate wave count could be ending a large 3 or C, if its a C its ending a double zig correction from Aug high. Did some light buying this morning and have a few other orders in - working on getting to 50% long. Also silver may be in its final capitulation stage. As always DYODD

 

Senor

so far miner divergence scenario looking good with divergences vs gold, a few pre market buys looking timely "so far", nothing like a thin holiday trading gols/silver washout for a low? we see

 

Senor

[tradesurfer]

Can someone explain why the metals are still selling off so hard and yet the Dollar index breaking key support and plummeting hard......   both of them declining together, very frustrating !

[gannman]

a low bydec 10 perhaps looking at gld i think we are in iii of C 

 

with a iv and then a v to come to finish this correction . just my take

[tradesurfer]

Interesting scenario that it could be a washout low for gold price but then it sure as hell better hold current prices.  RSI at the 30 level.  If RSI starts to creep below 30 then that could mean crash zone .....

 

 

 

possible miner bullish divergence vs gold today with the large decline in gold to new lows at 1775 area "so far" pre market miners not confirming (GDXJ/GDX/KL etc) vs this weeks earlier decline lows. In addition gold looks like its ending a wave 5 here from mid Nov. high near 1900, depending on ultimate wave count could be ending a large 3 or C, if its a C its ending a double zig correction from Aug high. Did some light buying this morning and have a few other orders in - working on getting to 50% long. Also silver may be in its final capitulation stage. As always DYODD

 

Senor

so far miner divergence scenario looking good with divergences vs gold, a few pre market buys looking timely "so far", nothing like a thin holiday trading gols/silver washout for a low? we see

 

Senor

 

[cafeflorida]

Low hit @ 1774.40 - 1775 zone.

Just picture perfect.

 

Venus departing Square Aspect to Saturn (adverse to Gold)

Adverse Lunar Aspect to Saturn supporting the Venus Square - departing (adverse to Gold)

 

Solunar Tables on intra-day Lunar position at Max Bearish:  Lunar Position @ Nadir for New York City @ 9:46 AM - applies 1 hr before Maximum.

https://solunarforec...k/new_york_city

 

Next up is Mercury Conjunct Sun Dec. 20 (Bullish Gold).  Favorable intra-day Lunar positions: Dec. 5-6; Dec. 14-15; Dec. 22, 23 & 24 - =just to start it=

 

Could test 1775 again, but it doesn't get any better than this.

 

[senorBS]

Can someone explain why the metals are still selling off so hard and yet the Dollar index breaking key support and plummeting hard......   both of them declining together, very frustrating !

M A N I P U L A T I O N,  hopefully we can take advantage of this big time holiday thin trading washout - which is what it "likely" is IMO, we see

 

Senor

[senorBS]

Low hit @ 1774.40 - 1775 zone.

Just picture perfect.

 

Venus departing Square Aspect to Saturn (adverse to Gold)

Adverse Lunar Aspect to Saturn supporting the Venus Square - departing (adverse to Gold)

 

Solunar Tables on intra-day Lunar position at Max Bearish:  Lunar Position @ Nadir for New York City @ 9:46 AM - applies 1 hr before Maximum.

https://solunarforec...k/new_york_city

 

Next up is Mercury Conjunct Sun Dec. 20 (Bullish Gold).  Favorable intra-day Lunar positions: Dec. 5-6; Dec. 14-15; Dec. 22, 23 & 24 - =just to start it=

 

Could test 1775 again, but it doesn't get any better than this.

 

Agree! Bueno stuff, no guarantees but death and taxes but I like the "chances" of key low here

 

Senor

[senorBS]

FNV is the go to stock for the big boys and with gold down a bit FNV is up nearly 4% today with g0ld unchanged! Also looks like a beautiful ABC decline very possibly DONE into yesterdays low and it bottomed RIGHT AT prev 4th wave support. I am 40% long and as I mentioned in another thread been trading around a core past several days and have drawn down about 2-3% from new acct highs 10 days or so ago. Biggest holdings are KL/GDXJ/WDOFF.

 

Senor

Note HOW WELL this key stock is acting this morning, clean 5 up hourly from early week low and only a smallish correction so far with the gold plunge - more bullish evidence IMO

 

Senor

[linrom1]

 

FNV is the go to stock for the big boys and with gold down a bit FNV is up nearly 4% today with g0ld unchanged! Also looks like a beautiful ABC decline very possibly DONE into yesterdays low and it bottomed RIGHT AT prev 4th wave support. I am 40% long and as I mentioned in another thread been trading around a core past several days and have drawn down about 2-3% from new acct highs 10 days or so ago. Biggest holdings are KL/GDXJ/WDOFF.

 

Senor

Note HOW WELL this key stock is acting this morning, clean 5 up hourly from early week low and only a smallish correction so far with the gold plunge - more bullish evidence IMO

 

Senor

 

 

 

 

FNV is the go to stock for the big boys and with gold down a bit FNV is up nearly 4% today with g0ld unchanged! Also looks like a beautiful ABC decline very possibly DONE into yesterdays low and it bottomed RIGHT AT prev 4th wave support. I am 40% long and as I mentioned in another thread been trading around a core past several days and have drawn down about 2-3% from new acct highs 10 days or so ago. Biggest holdings are KL/GDXJ/WDOFF.

 

Senor

Note HOW WELL this key stock is acting this morning, clean 5 up hourly from early week low and only a smallish correction so far with the gold plunge - more bullish evidence IMO

 

Senor

 

I finally bought some FNV. I missed it at $125-26...I forgot about it. I think this is the same set up they did with XLE.

[senorBS]

amazing? my 3 biggest holdings KL/GDXJ/WDOFF all now positive this fine morning, WDOFF looking great up over 9% off lows near 7.50 a few days ago, had a really good PR a few days ago

 

Senor