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the equinox marks the turn in the pm sector "a new leg higher"


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#991 K Wave

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Posted 14 September 2021 - 06:54 AM

As I said before, throwovers like we see on the 2 hour Gold chart "usually" do not end well for bulls...

 

We could be on the verge of another "usual" outcome....if a long red one shows up here soon...buckle up....

 

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The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#992 K Wave

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Posted 14 September 2021 - 06:58 AM

4 hour Gold still looks potentially a stick save possible...but cannot afford any more downside here...

 

gold.png


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#993 K Wave

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Posted 14 September 2021 - 07:02 AM

Gold daily still with that massive air gap and potential 900 MA backtest target if cannot climb out over 200 real soon...

 

The key reversal back down through the 200 after the breakout attempt still has an ominous look to it...

 

gold.png


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#994 K Wave

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Posted 14 September 2021 - 07:06 AM

GOLD EURO still hanging on to the 200...but a long red one down through it would be No Bueno...

 

In any event, we should be very very close now to some sort of resolution of the wedgie...

 

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The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#995 K Wave

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Posted 14 September 2021 - 07:11 AM

Copper on the verge of completing throwover on 1,2,3,4 hour charts simultaneously.....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#996 K Wave

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Posted 14 September 2021 - 07:18 AM

crude the one that still trying to hold up....

 

on the lookout for throwover above 70 though...as that seems to be blowing in the wind lately....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#997 K Wave

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Posted 14 September 2021 - 07:45 AM

Stocks and Gold getting a pop on the "lower than expected" CPI...but still 4th straight month over 5%.

 

Bulls still have ball in both as long as the pop sticks...but if it reverses...............


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#998 K Wave

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Posted 14 September 2021 - 07:53 AM

Full on crash in Palladium, now down another 150


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#999 K Wave

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Posted 14 September 2021 - 07:56 AM

Gold trying to reclaim 5 min...if it sticks, a legitimate shot at full stick save here....

 

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Edited by K Wave, 14 September 2021 - 07:57 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#1000 K Wave

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Posted 14 September 2021 - 08:08 AM

30 mi at 1800, 15 min 1804 area....if Gold can retake and hold above those levels today, possibility of ending day with all time frames just about to start synchronously turning back up....

 

this is a massive pivot zone on the charts....

 

Back below 1780 now would be a disaster...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy