still no real signs of hope for Silver on G/S ratio....
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
#1901
K Wave
-
- Traders-Talk User
- 27,419 posts
Member
Posted 29 June 2022 - 08:40 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
#1902
K Wave
-
- Traders-Talk User
- 27,419 posts
Member
Posted 29 June 2022 - 08:43 AM
PL with possible bottom formation at 900...but it better not get broken...
Need to see over 960 before I'm a believer..
In any event, looking like we are very close to perhaps very big decision in the metals...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1903
Smithy
-
- Traders-Talk User
- 2,299 posts
Member
Posted 29 June 2022 - 08:48 AM
USD powering upwards
#1904
linrom1
-
- Traders-Talk User
- 4,039 posts
Member
Posted 29 June 2022 - 08:58 AM
The one miner to own is GDXJ. There is no gold unwinding. They're buying the dips.
#1905
K Wave
-
- Traders-Talk User
- 27,419 posts
Member
Posted 29 June 2022 - 09:03 AM
and that is now starting to look a bit like a possible final upthrust on Gold....
see what happens dead ahead here...
BIG air gaps below if bottom does fall out...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1906
K Wave
-
- Traders-Talk User
- 27,419 posts
Member
Posted 29 June 2022 - 09:05 AM
USD powering upwards
Why anyone would want to try shorting that monthly chart is completely beyond me...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1907
K Wave
-
- Traders-Talk User
- 27,419 posts
Member
Posted 29 June 2022 - 09:08 AM
As the Emperor BOJ fiddles away....Yen going out at 20+ year lows for June..
This chart going to go to heights previously unimaginable...2022 was the kickoff...
Edited by K Wave, 29 June 2022 - 09:08 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
#1908
K Wave
-
- Traders-Talk User
- 27,419 posts
Member
Posted 29 June 2022 - 09:18 AM
Monthly and weekly momo on Gold not looking real great as June comes to an end...
But maybe bulls can pull of a miracle...they need to, because massive drops ahead if they do not...
GLD still looks terrible on all time frames...hourly and 2 hour now in full rollover mode, with 3, 4 hour not far behind...
And CRB now looking very toppy intermediate term with what looks to be long tailed bearish engulfing on monthly chart, after daily momo went completely south on the final struggle to that tail high...
In any event, until charts DO improve, be real careful out there...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1909
K Wave
-
- Traders-Talk User
- 27,419 posts
Member
Posted 29 June 2022 - 09:21 AM
And 3 Big Black (red) Crows on monthly XAU back BELOW the 200 month MA....
Bulls have their work cut out for them...
30.50 on GDX still my line bulls have to cross to get me interested at all...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1910
K Wave
-
- Traders-Talk User
- 27,419 posts
Member
Posted 29 June 2022 - 09:41 AM
GDX keeps making fresh bear market lows...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
