high Ho silver
the equinox marks the turn in the pm sector "a new leg higher"
Started by
dharma
, Mar 18 2021 09:21 AM
2864 replies to this topic
#2812
dougie
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Posted 23 February 2022 - 10:51 PM
biggest monthly candle in gold in a Long time
wont do us much good is nucular winter
#2813
dougie
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Posted 23 February 2022 - 11:17 PM
how big of a retrace might the broad market see here? so far we are at .232 of hte move off the 2020 lows
#2814
linrom1
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Posted 24 February 2022 - 09:57 AM
Too early to say, if this is in play?
#2815
hhh
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Posted 24 February 2022 - 09:59 AM
Who would've believed it if you said gold would be up $30 and the GDXJ negative?
#2816
gannman
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Posted 24 February 2022 - 10:31 AM
on the hui it sure looks like we completed wave i up here this morning
it travedl 54 points off of the the 1-28 22 low
feeling mellow with the yellow metal
#2817
CHAx
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Posted 24 February 2022 - 10:49 AM
Too early to say, if this is in play?
I dont think this scenario can be in play now that Gold in Euros made an all time high last night. I dont think we will see any new lows in gold below 1670USD terms. Looks like we have some type of top in here for now, but all longer term bear views appear dead to me.
#2818
linrom1
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Posted 24 February 2022 - 10:57 AM
NEM reported GAAP loss of ($0.06) per share last QTR and annual earnings for 2021 of $1.02. And this stock sells for $70? It's a dog, worse than many NDX stocks.
#2819
K Wave
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Posted 24 February 2022 - 10:58 AM
That 36 open on GDX is THE MARKER...
Could still see a pull back as low as 32 as long as that top stick holds....
But above the top of that stick, and the Miners erupt....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#2820
dharma
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Posted 24 February 2022 - 11:01 AM
1933 ends this price cycle . the high 2011 1924 . getting and staying above 1954 is the next higher price cycle . so what i am saying is this is a powerful area and it presented a big top that lasted a decade if the market has intent of higher numbers it needs to break out of this price cycle. and stay above 1954. so be careful here the market could be presenting a top. today the market got to 1976 but could not hold above the next higher price cycle. so this is a heads up. this is a gann technique that took me quite some time to figure out
dharma
reading on twitter that the buy the dip guys are in action today at the lower #s
Edited by dharma, 24 February 2022 - 11:02 AM.
