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


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#1381 K Wave

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Posted 19 October 2021 - 07:12 AM

the most likely spot for failure to occur on Gold Euro would be at the back test of the 5 min line....

 

IF bulls can punch out over that today, then their prospects would start to brighten considerably.....

 

xe5.png


Edited by K Wave, 19 October 2021 - 07:16 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

 

 


#1382 K Wave

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Posted 19 October 2021 - 07:13 AM

Looking like we should finally get some sort of real decision soon......


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

 

 


#1383 K Wave

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Posted 19 October 2021 - 07:24 AM

The action in Gold GBP still the most concerning here....

I am nowhere near confident that it will be able to hold up here yet....

 

But still riding the now stronger Silver unless major signs of failure start to show up.


Edited by K Wave, 19 October 2021 - 07:24 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

 

 


#1384 K Wave

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Posted 19 October 2021 - 07:28 AM

This is the big concern on Gold GBP and by extension, Gold in other currencies as well...

 

4 hour has now made the death cross...after the big failure at the daily 200...

 

Bulls need a miracle here....

 

xg.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

 

 


#1385 K Wave

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Posted 19 October 2021 - 07:30 AM

first big target on Silver acquired on Silver at 24....

 

IF...it punches through that....would first real sign of possible longer term turn...


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

 

 


#1386 K Wave

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Posted 19 October 2021 - 07:31 AM

here comes 2nd attempt at 24 on Silver


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

 

 


#1387 K Wave

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Posted 19 October 2021 - 07:37 AM

IF Gold GBP can clear 1290 again, then perhaps Miracle Max potion will work...

 

But back down to 1280 one more time, could get ugly there....

 

Was hoping Silver could lead the way out, and it may still do so...

 

But with Silver at potential resistance here, and Gold GBP acting No Bueno....I have concerns.....

 

Stops getting tightened, and if Gold GBP does go through the floor, would take that as a potential serious warning....


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

 

 


#1388 K Wave

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Posted 19 October 2021 - 07:40 AM

Gold Down Under also in very precarious location this AM....

 

Bulls need a full tire smokin' launch here, otherwise they may start to get overrrun...

 

xa.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

 

 


#1389 K Wave

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Posted 19 October 2021 - 07:47 AM

Silver right at 2 hour line....

 

As long as hourly structure holds up, bulls have a real decent shot at reclaiming the 2 hour...

 

But should Gold start to falter and head down, the 2 hour may be as far as Silver gets for now....

 

Today is potentially big day in the scheme of things....

 

si.png


Edited by K Wave, 19 October 2021 - 07:48 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

 

 


#1390 K Wave

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Posted 19 October 2021 - 07:50 AM

Gold GBP coming up to 1290...this is where bulls need to push the pedal to the floorboards....


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