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Posted 09 August 2021 - 10:56 AM
very interesting to see all the miner/gold ratios "so far" still above their July lows, and SILJ/SLV ratio well above its July low,, SILJ also holding above mist recent decline low at 12.95 on July 19, good relative strength in miners often a bottoming sign, we see
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Posted 09 August 2021 - 12:43 PM
Interesting post from RogerDodger on crypto vs. gold .... https://www.traders-...crypto-vs-gold/
Edited by Russ, 09 August 2021 - 12:44 PM.
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Posted 09 August 2021 - 01:05 PM
very interesting to see all the miner/gold ratios "so far" still above their July lows, and SILJ/SLV ratio well above its July low,, SILJ also holding above mist recent decline low at 12.95 on July 19, good relative strength in miners often a bottoming sign, we see
Senor
KL and AUY filled their gaps, so minimum conditions may be met there. Additionally, on the futures front, there was an attempt to tear down gold and silver between 13:15 and 13:30 eastern, both contracts under attack with heavy volume on 1 minute time frame, heaviest volume/timeframe of the day in another thin part of the session (similar to last night's attack), but this time buyers were waiting, almost no price reaction. This isn't much to be bullish about, but if we were to get some momentum to the upside, there are A LOT of new shorts in the 1840-1850 area on /GC. Anyway, please don't let me influence your decisions, as I am not highly confident of anything at this time.
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Posted 09 August 2021 - 06:52 PM
DSI for gold: 16 on Friday, 8 today, gettin there
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Posted 10 August 2021 - 10:10 AM
just added a solid chunk of KL sub 39, as always DYODD
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Posted 10 August 2021 - 02:05 PM
was looking at daily SLV chart and island bottom and big gap up left on Dec 1, 2020. To fully fill that gap (which we are into now) a decline to 21.17 is required, something to watch for at least, I think a major low is going to form in this area or modestly lower, as always DYODD
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Posted 10 August 2021 - 04:09 PM
The GSR is also at a resistance area at 74-75 that "could" suggest and ending corrective rally is happening now, however if that does not occur I have next resistance up near 80, right now lookin at the daily chart I like the chances for a top at 74-75 but we see
Senor
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Posted 11 August 2021 - 08:40 AM
can you say BOOM? Like the chances final lows are in place, we see
Senor
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Posted 11 August 2021 - 08:43 AM
just added a solid chunk of KL sub 39, as always DYODD
Senor
Liking that buy a lot, about 49% long now, as always DYODD
Senor
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Posted 11 August 2021 - 09:56 AM
The GSR is also at a resistance area at 74-75 that "could" suggest and ending corrective rally is happening now, however if that does not occur I have next resistance up near 80, right now lookin at the daily chart I like the chances for a top at 74-75 but we see
Senor
watchin this closely this morning as we've seen a new high just above 74.50 - could be a key top but should rollover significantly and soon "if" topping
Senor
