at this point until i see overhead resistance in the gld sector destroyed we
are still in correction mode . first step for me for gld is closing over 181
then closing over 186 . at that point yes we are in a new bull run
seems its time for a new thread. war markets are treacherous
Started by
dharma
, Mar 02 2022 10:38 AM
4036 replies to this topic
#1771
gannman
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Posted 22 June 2022 - 08:50 AM
feeling mellow with the yellow metal
#1772
K Wave
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Posted 22 June 2022 - 08:50 AM
IF GLD can get a foot hold over 172, tide could possibly start to turn for bulls..
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1773
K Wave
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Posted 22 June 2022 - 08:55 AM
GDX givin' it a go...3rd time the charm???
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1774
Smithy
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Posted 22 June 2022 - 08:55 AM
This morning's g&s price action looking like slingshots
#1775
K Wave
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Posted 22 June 2022 - 08:56 AM
Anyway, as long as GDX 30.50 holds, bulls get my vote...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1776
K Wave
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Posted 22 June 2022 - 08:57 AM
Now need to see silver climb out over the big 21.60 pivot to perhaps breathe a bit easier...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1777
K Wave
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Posted 22 June 2022 - 08:58 AM
very long tailed 30 min candle on G/S ratio...perhaps the top on that???
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1778
Smithy
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Posted 22 June 2022 - 09:59 AM
Silver's 21.60 lookin' like a brickwall
#1779
K Wave
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Posted 22 June 2022 - 10:03 AM
GDX again bulls with no firepower at all..
Triple failure at 30.50 might not be good...
Edited by K Wave, 22 June 2022 - 10:03 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
#1780
gannman
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Posted 22 June 2022 - 12:48 PM
i dont feel bad about the gold sector i just feel it needs a little more work to the downside
i see no huge hits coming fwiw. patience is the order of the day because once the impulse
starts it will be worth it
feeling mellow with the yellow metal
