2864 replies to this topic

[Smithy]

USD index might be turning down... 

A close below 96.50 would support this notion.

[gannman]

i believe this is a wave iv here preparing for a final wave v to complete this 

 

correction sinnce ajug 6 2020. we should see this thing sky rocket if it is really 

 

starting a primary wave 3 up. this whole correction i have as a primary wave 2 in gld 

 

and in the miners 

[K Wave]

Possible Island Bottom at the line on GDX??

 

Now it has to take out 32, before today's low (which would likely be very no bueno if it occurred)

 

[linrom1]

Setting up for another slaughter.

[gannman]

@kwave i think we have one more retest of that 900 dma on gdx then i believe 

 

that will be it . we will see

[linrom1]

Gold volume today was total joke. BTW gold is at 1800 and SI at 22.50. WTF, the joke is on us.

Edited by linrom1, 31 January 2022 - 04:14 PM.

[gannman]

i would just like to point out that out of all the stocks in this sector nem has been a star . 

 

one of the best performers . i would execpt it to be a leader. its time segmented volume 

 

also pulled back to its ma and bounced today off of it. fwiw 

[Smithy]

Nice GDX island bottom, Kwave.

 

USDX bounced off 96.5 today (mentioned above).

If it can move below, then gold's lower trend line below at $1,780.2 might hold.

 

 

Edited by Smithy, 31 January 2022 - 09:46 PM.

[K Wave]

This is most likely spot for Dr. Copper to potentially run back into trouble after the big breach....

 

See what happens dead ahead here...

 

[K Wave]

And Dr. Copper plows on through....potentially bullish if bulls can keep it over 4.40 now