2864 replies to this topic

[K Wave]

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...

 

As I was saying..........

 

[K Wave]

It's all about knowing where things are "likely" to happen.....

Edited by K Wave, 19 October 2021 - 09:40 AM.

[K Wave]

Getting a bit more granular...

 

GLD Bulls still have a chance of saving this later today...

 

But the the 165.50 area likely needs to hold for that to happen...

 

Back below 165 likely very No Bueno now...

 

Above 166.50 would likely be sign of impending huge victory for bulls...

 

Edited by K Wave, 19 October 2021 - 09:45 AM.

[K Wave]

Gold GBP at the edge of the cliff again after the loss this AM...

 

back under 1280 again, and it reasonably likely makes a bee line for the daily 900.....

 

[K Wave]

PAAS 30 min line still being defended by the bears....watching to see how this acts over next few coming bars....

 

If bulls regroup and take out that line, could be early positive sign....

 

[linrom1]

 

NEM, this looks like an impulse up.

[dharma]

from my perspective , the 3 retrograde planets have now gone stationary direct. this should have a positive effect on the pms. .  tomorrow is the full moon in aires. i look for the market to start its climb to take out 1800.  that s my view.    we shall see

dharma

3 potential new fed governors.   Brainard is a dove and she will be fed head 

Edited by dharma, 19 October 2021 - 10:14 AM.

[K Wave]

GLD gaps the 15 min line...now it has to hold it.....instead of perhaps forming a another spike shoulder, completing an ugly H&S pattern....

 

It is looking like that spiky H&S may come to pass....

 

But if that right shoulder should get taken out after a stick save later today, could be time for bulls to break out the champagne

 

[K Wave]

So essentially we have Inverse H&S on Gold futures at 1760, and regular version on GLD at Gold 1780ish.

 

Whoever takes out the right shoulder first likely wins.....

[K Wave]

Starting to look like the key 1.50 level on 10 yr  yield may be giving way upside..

 

As long as it holds above, bonds susceptible to full on crash at any time now....