4036 replies to this topic

[jabat]

Emergency Fed Meeting Monday?

https://www.federalr...21003closed.htm

[linrom1]

 

Emergency Fed Meeting Monday?

https://www.federalr...21003closed.htm

 

Discussion of Fed's Discount rates? That's an archaic tool used to put a band aid over failing institution to provide just enough liquidity to wind up operations.. Who is failing?

Edited by linrom1, 03 October 2022 - 06:31 PM.

[K Wave]

Most likely failure point for Gold, should it do so, likely just above here at hourly 900...

 

 

 

And target achieved....now we see...

 

[K Wave]

And as gorgeous as yesterday's rampola in Silver was...thus far...just a 2nd ramp into potential resistance area...

 

what happens next is likely big for future direction in both Gold and Silver.

 

 

[K Wave]

Silver with 4 hour AND Daily 900 directly above here just over 21...

 

Bust through both of those, and I may start to believe a real turn up is happening.

[K Wave]

And here we are...Do Ya Feel Lucky???

 

[Smithy]

SILJ generally fills its gaps.

For those looking to add to longs, the gap around $9.30 may yet be an opportunity for general silver buys.

Currently $10.05.

[senorBS]

And here we are...Do Ya Feel Lucky???

 

Don't need to "feel lucky", solid analysis got me in fairly near the lows and tells me to stay long for now as we look to have a strong momentum surge underway as a likely wave 3 unfolds, dollar getting hammered as well, I'll just stay long and raise stops

 

Senor

[linrom1]

I am short this. It's very extended with no retracements.....yet.

[K Wave]

Assuming Gold stalls on the divergent top on 30 min chart after the visit to 900 day and Upthrust City, then 1680 looking like it could  be an important back test Zone that Gold would likely need to hold.

 

But if Gold keeps powering ahead, then a close over 1753 probably kills the bears dead.