2512 replies to this topic

[senorBS]

just added SILJ and HL into these new decline lows, as always DYODD

 

Senor

[linrom1]

Hanke-Cofnas Gold Sentiment is horrible again at -6.46.

[linrom1]

just added SILJ and HL into these new decline lows, as always DYODD

 

Senor

I am not sure what's going with silver miners: action is no good.

[senorBS]

of note the SILJ/SLV ratio this morning just took out the late August low of last year for IMO potential "ending action - C wave" of large ABC decline from last years highs. Also this current leg down in this ratio looks like a post triangle thrust hence the reasoning for my buying. As always DYODD

 

Senor

[senorBS]

 

just added SILJ and HL into these new decline lows, as always DYODD

 

Senor

I am not sure what's going with silver miners: action is no good.

 

as I just posted very possible a final wave C washout/ending pattern in the SILJ/SLV ratio for a "potential" final wave C bottom as the ration finally takes out the late Aug 2020 low after the huge 5 up from Mar 2020 bottom, silver stuff can often be the last to bottom, we'll see here. as always DYODD

 

Senor

[senorBS]

Notice PAAS filling gap from May 15 2020, and GDXJ remains nicely above last weeks KEY .618 retracement and gap fill lows - IMO all part of the bottoming process as silver miners do their own mini crash/turn at the torture chamber. we see. as always DYODD

 

Senor

[senorBS]

just added some NEM at 53.31, "possible" nice ending pattern here - as always DYODD

 

Senor

[linrom1]

 

Maybe?

 

Pesevanto is really bullish on GDX. On gold we rallied $50 off the low at 1720 and couldn't retrace much, maybe $23, that's all.

Edited by linrom1, 05 October 2021 - 10:31 AM.

[senorBS]

 

Maybe?

 

Pesevanto is really bullish on GDX.

don't care what Pesa-whatever or anyone else postulates, I do MY work and REALLY like what I am seeing, if I am goin to the grave as Frank sings "I will do it MY WAY!!!"

 

Senor

[JGUITARSLIM]

Bought yesterday as well also liking the looks here!