1426 replies to this topic

[dougie]

 

folks been saying this about Japan for 30 years

 

 

 

 

https://goldprice.or...e-yen-per-ounce

 

And look at that chart

 

 

 

Also congrats on your call for gold selloff around 1/5.  I thought we would test 2020 before a major down move.  Got caught with a little more than I wanted.  Luckily I shaved a little off at my 1960 first resistance target.  Whoops!  No one is perfect 

 

thanks for the kind words. it meant little to my trading except i took some short term SILJ profits . mostly i am finding i am a b and h kinda guy

[dougie]

fwiw I added WDOFF (Wesdome Gold mines) below 7.24 today, IMO good company and undervalued. Also bot some FNV near 121.15, as always DYODD

 

Senor

do you think that april 8th gap needs to be filled?

[senorBS]

 

fwiw I added WDOFF (Wesdome Gold mines) below 7.24 today, IMO good company and undervalued. Also bot some FNV near 121.15, as always DYODD

 

Senor

do you think that april 8th gap needs to be filled?

 

No, but WTFDIK?

 

Senor

[senorBS]

 

 

fwiw I added WDOFF (Wesdome Gold mines) below 7.24 today, IMO good company and undervalued. Also bot some FNV near 121.15, as always DYODD

 

Senor

do you think that april 8th gap needs to be filled?

 

No, but WTFDIK?

 

Senor

 

also Dougie weekly RSI which is oversold is diverging nicely against the RSI low in late NOV compared with this modest new price low so far, and this clearly to me looks like a wave 5 of C basis daily and weekly charts from Aug high, no guarantees but I like the chances of this count playing out, we see

 

Senor 

[dougie]

 

 

 

fwiw I added WDOFF (Wesdome Gold mines) below 7.24 today, IMO good company and undervalued. Also bot some FNV near 121.15, as always DYODD

 

Senor

do you think that april 8th gap needs to be filled?

 

No, but WTFDIK?

 

Senor

 

also Dougie weekly RSI which is oversold is diverging nicely against the RSI low in late NOV compared with this modest new price low so far, and this clearly to me looks like a wave 5 of C basis daily and weekly charts from Aug high, no guarantees but I like the chances of this count playing out, we see

 

Senor 

 

Yeah i saw that. nice looking chart.

[senorBS]

Like what I see so far, added NEM into gap gill at 62.02, as always DYODD

 

Senor

[Smithy]

Yeah, I'm adding.I like silver.  Russ?

 

I still have EW  scenarios where spot gold could drop to $1760 or even $1720, they are not  yet ruled out.

Edited by Smithy, 20 January 2021 - 10:43 AM.

[linrom1]

 

I have to temper my bullishness because I don't see an impulse up?

Edited by linrom1, 20 January 2021 - 11:01 AM.

[linrom1]

 

Here is my attempt to label this?

[dharma]

50dma and 200dma are about to cross on platinum, anyone remember when that happened last? its a clue

i accumulated dba in the summer and early fall, i think inflation can start to show up in the 2nd quarter

the minimum wage will be raised to 15  of course we need to see money velocity start to kick up  , so far its in a downward spiral

when that turns then its the start of game on.  

dharma