GLD pretty much needs to hold right about here or we gonna have a fake breakout.....those are usually NO BUENO
THE PRIMARY WAVE THREE thread and finding the Intermediate wave TWO corrective low
Started by
senorBS
, Mar 05 2021 02:27 PM
2512 replies to this topic
#421
K Wave
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Posted 12 April 2021 - 01:36 PM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#422
dougie
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Posted 12 April 2021 - 02:25 PM
as i said, patience
#423
K Wave
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Posted 12 April 2021 - 03:34 PM
So far so good for GLD....doing exactly what needs to be done for bulls to turn the corner....
Of course that could all change overnight....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#424
dougie
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Posted 12 April 2021 - 03:47 PM
yeah interesting juncture here
#425
tradesurfer
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Posted 12 April 2021 - 10:43 PM
Gold moving average Algo not looking good
https://youtu.be/LsTWaOnE3_Y?t=371
Edited by tradesurfer, 12 April 2021 - 10:44 PM.
#426
dougie
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Posted 12 April 2021 - 11:44 PM
that algo looks nearly worthless to my eye. explsion?
#427
tradesurfer
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Posted 13 April 2021 - 12:00 AM
Why? Under the black line weakness and trend down. Above pop up. Below the black line is trouble
that algo looks nearly worthless to my eye. explsion?
#428
dougie
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Posted 13 April 2021 - 01:13 AM
Why? Under the black line weakness and trend down. Above pop up. Below the black line is trouble
that algo looks nearly worthless to my eye. explsion?
the moves up to the black line are just as large as the moves above it and m,ore sustained too
#430
CHAx
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Posted 13 April 2021 - 07:37 AM
US Inflation data released at 8:30 eastern.
All data YOY were slight beats to consensus expectations.
30yr and 10yr Treasuries had subdued immediate reactions.
