We are now possibly in the midst of a full on Synchronous Cyclicity turn to the upside...only a 4 hour close below 1520 in Gold Euro would abort it now...
But right now, all time frames are status GO.....
the equinox marks the turn in the pm sector "a new leg higher"
Started by
dharma
, Mar 18 2021 09:21 AM
2864 replies to this topic
#1291
K Wave
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Posted 13 October 2021 - 10:09 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
#1292
K Wave
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Posted 13 October 2021 - 10:12 AM
GOLD EURO 3 hour chart now looking like final desperate attempt by bears to keep things down at the 900 with that spike a few days ago....which has now been obliterated by the bulls
I think this is big gang.....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1293
gannman
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Posted 13 October 2021 - 10:31 AM
great to hear !!
feeling mellow with the yellow metal
#1294
dharma
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Posted 13 October 2021 - 10:57 AM
cpi=5.4% lightbulbs are going off. people are pulling out their red crayons. oil is in a bull market . it is the grease that makes everything work. food prices are rising as a result of higher energy costs. this is being passed on to the consumer . it is baked into the cake. this cpi number is waking folks up. the question is can they put the genie back in the bottle. there is no volcker at the fed . there are huge deficits. its a different game here. we are having breakouts in the mining indexes
its approaching game on!
dharma
indias 135 coal powered plants have 8 days of supply , in the past they always had at least 18 days of supply. the supply bottlenecks are spilling over into everything. there are going to be all sorts of problems. heads up
Edited by dharma, 13 October 2021 - 11:02 AM.
#1295
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Posted 13 October 2021 - 11:22 AM
Let's see if the history books record the oval area as the moment the Gold Genie was let out of the bottle....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1296
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Posted 13 October 2021 - 11:23 AM
Just need one more good push up.....likely a bit of consolidation in this area.....and then the real moment of truth....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1297
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Posted 13 October 2021 - 11:35 AM
GLD 5 min really shows the big battle for transition back into bull mode....
As long as 165 holds now, bulls get full benefit of doubt...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1298
K Wave
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Posted 13 October 2021 - 11:37 AM
We have been disappointed so many times before on these launch attempts...
Hopefully...this time IS different....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1299
linrom1
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Posted 13 October 2021 - 11:45 AM
I am short GDXJ for now, way overbought and I can't count five completed waves down on GDX, but, that doesn't mean it hasn't bottomed. I am not in a rush. Today's news is non event.
#1300
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Posted 13 October 2021 - 11:58 AM
GOLD in AUD...
As long as we hold up today, looking like liftoff attempt from huge wedgie above the 200 day, just as momo kinks back up....
Sure "looks" like a great setup.....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
