here comes back test of GLD 165...see if bulls can hold it...
the equinox marks the turn in the pm sector "a new leg higher"
#1261
Posted 12 October 2021 - 09:34 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
#1262
Posted 12 October 2021 - 09:36 AM
Silver notably weaker here today, so if SLV does not hold 20.80 on pullback, could be warning sign bulls not quite ready for a primetime appearance...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1263
Posted 12 October 2021 - 09:42 AM
Today possibly very pivotal day...DO NOT want to see another bearish upthrust...
GOLD in AUD looks to be at very pivotal spot on 4 hour...bulls really need to regroup after this pullback and launch, because if not, still potential trouble ahead...
Back below 2280 would likely be very No Bueno there
Edited by K Wave, 12 October 2021 - 09:43 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
#1266
Posted 12 October 2021 - 10:11 AM
Gold Euro 5 min has got itself back in position for a bull run.....just needs to start moving up before it goes back down and takes out 1520...
Can bulls engage Synchronous Cyclicity upside dead ahead???
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1267
Posted 12 October 2021 - 10:13 AM
Dr. Copper held back test of 4.30 after the reclaim...so the big turn may have just been negotiated successfully by the bulls there....
Edited by K Wave, 12 October 2021 - 10:13 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
#1268
Posted 12 October 2021 - 10:16 AM
Platinum thus far exhibiting action you would expect to see very early in a long bull run.
Big breakout, and then scary back test of the 900 before long term launch mode engages...
Let's see how it plays out....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1269
Posted 12 October 2021 - 10:22 AM
this sector has become uninspiring. it has lulled everyone to sleep. this week is very interesting to me. 3 planets. saturn/jupiter/mercury go from retrograde to direct. i look for some conclusive action to begin 19th or thereafter. we are still very much , thanks to all the fed printing, in a risk on environment.
dharma
#1270
Posted 12 October 2021 - 10:31 AM
moment of truth may be coming real soon on GLD now as it tries to flag out above 164.60 breakout....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy