4036 replies to this topic

[dharma]

https://pbs.twimg.co...pg&name=900x900

dharma

[Smithy]

Thanks for that cycle, dharma.

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"This is from a Fred Hickey tweet yesterday - Gold DSI apparently was 7 yesterday."

 

Looks like a tradable rally this week, more so in silver.

[dougie]

failed weekly cycle on gold does NOt bode well here imo

[dougie]

If this count is on the right track, it shows that gold still has a lot more downside. The problem is: how to fool most people where few end up with most of the gold and gold miners without the public wising up to the "rigged game."

agreed

[dougie]

take out 1806 to the updie and longs favored imo

[dharma]

gann guy -http://www.ganngloba...1e6019a0d26c8b0

 

willem middlekoop i found this an interesting perspective of the changing world order

https://threadreader...5484505091.html

 

dharma

Edited by dharma, 18 September 2022 - 10:52 PM.

[crossd]

 

gld making hourly and daily divergences in the oscillators

silver also has hourly and daily divergences 

miners do not have divergences yet

we are in a bottoming pattern 

the broad market looks like it is about to go over the cliff

if that happens  will be tough for the pms to have strength

in over 40yrs of trading, i have never seen a broad market crash where the metals 

have had strength, they have always been thrown out w/the bath water in a broad market crash

dharma

One interesting thing I am watching is that almost all the miner/gold ratios have so far not made new lows with Gold easily going to major new decline lows, so are we finally seeing an impt miner divergence? or will those ratios and most niners soon make new lows? Note NEM finally acting significantly better, none of NEM/GOLD/AEM have made new lows. Note Copper has not plunged and is actually higher today. 

 

Senor

 

Barrons put out a buy piece on NEM titled Too Cheap to Ignore...donc  it shot from 41.75 to over 44

[K Wave]

How gold breaks out of this 1660 to 1680 range could decide the entire thing...

Silver and platinum thus far holding up just under big resistance levels, which if reclaimed by bulls could flip longer-term stuff positive.

Edited by K Wave, 19 September 2022 - 09:01 AM.

[senorBS]

added into morning weakness, now bout 20% long

 

Senor

[senorBS]

failed weekly cycle on gold does NOt bode well here imo

disagree, we see

 

Senor