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


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#1321 K Wave

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Posted 15 October 2021 - 08:47 AM

As was indicated yesterday, Silver holding up much better than gold so far...

Maybe silver can lead the way out of the early hole today

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

 

 


#1322 K Wave

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Posted 15 October 2021 - 08:47 AM

As was indicated yesterday, Silver holding up much better than gold so far...

Maybe silver can lead the way out of the early hole today

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

 

 


#1323 K Wave

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Posted 15 October 2021 - 09:01 AM

BRUTAL week for Yen...looking like the real deal breakdown at this point....

 

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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

 

 


#1324 K Wave

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Posted 15 October 2021 - 09:05 AM

GOLD AUD still with very tenuous hold on the rising 4 hour 900...

 

If that gets blown out, very likely No Bueno.

 

Let's see if bull can fight back today.....

 

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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

 

 


#1325 K Wave

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Posted 15 October 2021 - 09:07 AM

GOLD Euro still holding above the now super key level of 1520..

 

Again if that gets blown out, likely No Bueno.

 

This morning is where bulls likely prove whether they mean business or not....

 

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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

 

 


#1326 K Wave

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Posted 15 October 2021 - 09:12 AM

Silver, where I am now after dumping Gold near 1800 and making the switch, held the 5 min line this AM.

 

That could very well be a huge pivot now.

 

If bull can take it back up, Gold may follow, but with Gold Silver ratio breaking down today, looking to Silver now for leadership.

 

Below that 5 min pivot and Gold likely starts to breakdown due to its relative weakness now.

 

So come on Silver bulls!

 

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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

 

 


#1327 K Wave

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Posted 15 October 2021 - 09:14 AM

Hourly Gold Silver...Timber??

 

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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

 

 


#1328 K Wave

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Posted 15 October 2021 - 09:32 AM

GLD...still in short term bullish stance above 165...but below that, bearish synchronization could begin again....

 

Back above 168 again, and maybe bulls could start to breathe a bit easier, and kick back and enjoy the ride

 

Important action dead ahead.....

 

 

gld.png


Edited by K Wave, 15 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

 

 


#1329 K Wave

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Posted 15 October 2021 - 09:42 AM

Like I said yesterday, that 4 hour pivot likely VERY important.

 

With the angle of attack on that 200 coming over the top, IF GLD does not hold 165, I highly recommend protection..

 

Bulls must reclaim that pivot within next couple days, or they may be in some serious trouble...

 

Likely very big moment of truth coming soon....

 

gld.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

 

 


#1330 K Wave

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Posted 15 October 2021 - 09:44 AM

Miners trying to climb out....

 

That is the big possible advantage for bulls right now...the relative strength of the miners.


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