2864 replies to this topic

[dharma]

1773 breaks into the previous cycle   1754 is the death zone it should halt the decline

the rsi for gold is as low as it was in march 2020 

astro

20th is the solstice

20th jupiter the indicator for gold goes retrograde

22 mercury goes direct from retrograde

i look for the bottom and turn the 20-23

just my 2c

dharma

oh and tomorrow is triple witching , for all you witches out there!

yellen said this am we are not headed for hyperinflation. last pronouncement was we will never see another financial crises in my lifetime,  made while fed head

Edited by dharma, 17 June 2021 - 11:57 AM.

[K Wave]

1773 breaks into the previous cycle   1754 is the death zone it should halt the decline

the rsi for gold is as low as it was in march 2020 

astro

20th is the solstice

20th jupiter the indicator for gold goes retrograde

22 mercury goes direct from retrograde

i look for the bottom and turn the 20-23

just my 2c

dharma

oh and tomorrow is triple witching , for all you witches out there!

yellen said this am we are not headed for hyperinflation. last pronouncement was we will never see another financial crises in my lifetime,  made while fed head

The best moves are often started from gigantic washouts.

 

And based upon your previous Astro Calls (June 19, 2020 anyone?  for just one), I for one will not be surprised if we do indeed make some sort of huge washout Shake and Bake low next week.

[CHAx]

 

The best moves are often started from gigantic washouts.

 

And based upon your previous Astro Calls (June 19, 2020 anyone?  for just one), I for one will not be surprised if we do indeed make some sort of huge washout Shake and Bake low next week.

 

 

Its possible washout is already achieved in gold and silver:

 

https://www.tradersp...Trend/sentiment

 

zero silver bulls and 4 percent gold bulls.  Close anyway....

Edited by CHAx, 17 June 2021 - 05:01 PM.

[dharma]

Email from KWN reader Kevin W.:  The settlement process is so rigged. To my recollection I have never seen so much disparity. Coming on top of the 4000 contracts dumped at 4:41 and 4:42 EST yesterday after everything was closed, the desperation to find stops below the market is very telling on the bullion banks heavily short positions they are incapable of exiting. This kind of volume after 4 pm EST has never happened to my knowledge in the last 20 years.

rsi rivalling march 2020 lows.   could be . but i am thinking one more lower low  next week. i am pushing some jello around the plate,  gearing towards those high fliers

dharma

[dharma]

dsi

gold =30

silver=35

hgnsi=-6.45

not yet oversold on dsi. seems the hgnsi is much more volatile. 

conditions are ripening for the bottom

the fed is trapped

and so far it seems the swaps are also trapped, they have been unable. or unwilling to cut their short position , which is substantial

dharma

by the way  , gold tonnage hardly slipped at the comex

is the cover of time or newsweek?

https://galacticupda...un18petfun1.png

Edited by dharma, 18 June 2021 - 10:49 AM.

[dharma]

adam taggart interviews david hunter

there is a part 2also if you are interested

dharma

[dharma]

reminder this is the seasonal weak time of year for gold and silver

gold https://seasonalchar...ssics_gold.html

silver  https://seasonalchar...ics_silber.html

interesting action

dharma

[dougie]

reminder this is the seasonal weak time of year for gold and silver

gold https://seasonalchar...ssics_gold.html

silver  https://seasonalchar...ics_silber.html

interesting action

dharma

yeah i pointed out last week that July is when the best rallies often happen. From how much lower?

[Russ]

1773 breaks into the previous cycle   1754 is the death zone it should halt the decline

the rsi for gold is as low as it was in march 2020 

astro

20th is the solstice

20th jupiter the indicator for gold goes retrograde

22 mercury goes direct from retrograde

i look for the bottom and turn the 20-23

just my 2c

dharma

oh and tomorrow is triple witching , for all you witches out there!

yellen said this am we are not headed for hyperinflation. last pronouncement was we will never see another financial crises in my lifetime,  made while fed head

There is an apex at 1730,  Gold could see a reversal on the Solstice at that level. 

Edited by Russ, 19 June 2021 - 07:36 AM.

[Russ]

Longer version showing a lot of support on the bottom red line...