The only way I buy if it corrects and then moves past 1760
Edited by linrom1, 08 April 2021 - 01:16 PM.
Posted 08 April 2021 - 01:15 PM
The only way I buy if it corrects and then moves past 1760
Edited by linrom1, 08 April 2021 - 01:16 PM.
Posted 08 April 2021 - 01:17 PM
hmm we just made a new daily high on gdx does that mean this thing is going to take off
maybe we will see
Posted 08 April 2021 - 01:31 PM
The only way I buy if it corrects and then moves past 1760
unlike you i dont need a correction first. would be nice though
Posted 08 April 2021 - 01:45 PM
dsi
gold =26
silver =33
hgnsi=-5 wow
this sector is far from overbought
in fact we are just getting started 1754 is the magnet here. w/all the newly printed money sloshing around i have to think the broad market
having all the ear marks of a topping process. w/new cash inflows from the public galloping ahead, i have to think the broad market will go higher.
taking out some of these down channels in the pm sector will be a good start
looks to me like the correction from the august 2020 highs has ended w/this double bottom
dharma
Edited by dharma, 08 April 2021 - 01:46 PM.
Posted 08 April 2021 - 02:17 PM
dsi
gold =26
silver =33
hgnsi=-5 wow
this sector is far from overbought
in fact we are just getting started 1754 is the magnet here. w/all the newly printed money sloshing around i have to think the broad market
having all the ear marks of a topping process. w/new cash inflows from the public galloping ahead, i have to think the broad market will go higher.
taking out some of these down channels in the pm sector will be a good start
looks to me like the correction from the august 2020 highs has ended w/this double bottom
dharma
yeah looks muy bueno today, added NEM at 61.80-85 to get to about 38% long, as always DYODD, love those senti numbers
Senor
Posted 08 April 2021 - 02:23 PM
bllees sub 100 for weeks now
building case for lows to be in
Posted 08 April 2021 - 02:39 PM
Hmmm... the Senor vacation gold turn indicator is alive and well!
Posted 08 April 2021 - 03:55 PM
Futures look quite bullish but Newmont is weak...
Edited by Russ, 08 April 2021 - 03:59 PM.
Posted 09 April 2021 - 01:37 AM
looking at some charts here and we probably completed 5 waves up and are going to correct
that is one possibility. the important thing is we did 5 waves up we are impulsing higher
and gdx gld slv all of it is going a lot higher imho
Posted 09 April 2021 - 06:42 AM
After the stick save at 57K, BItcoin now starting to look more like high flag more than possible top.
IF it busts over 60K again, could see one last vertical ramp a lot higher...
Any further action back below 57K now would likely abort the moon shot launch.
See if ETH can reclaim 2100 here shortly.
For Silver/Gold, it's looks to be about maintaining sideways corrective activity, and NOT taking out the recent swing low.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy