Both retail and gold miners up?
seems its time for a new thread. war markets are treacherous
#3742
Posted 22 November 2022 - 12:08 PM
Open interest on gold falling along with silver and copper.
#3743
Posted 22 November 2022 - 12:25 PM
Even FTX and crypto collapse can't move gold? I would be very careful here.
#3744
Posted 22 November 2022 - 12:53 PM
until gold starts to really break out against SPX cautious
#3745
Posted 22 November 2022 - 12:56 PM
is the move up we saw a wave 4 with 5 down to come still ? or did we bottom? enquiring minds
still workin on daily wave 4 down IMO and it may have ended today, we see
Senor
so far so good for wave 4 is done scenario and we are headed up in a fiver, note gold spot price looks like a nice 5 up from recent 1732 low and should be ending a correction of that rally here at 1740 area if 5 up is correct, as always DYODD
Senor
confirmaton if last weeks highs get taken out i take it?
#3746
Posted 22 November 2022 - 02:17 PM
Senor, you mentioned a huge wave 2 low in place. I was looking at counting the "huge" wave 1 from the Dec. 2015 low. Do you have the 'huge' wave 1 peak on 8/4/20 or 3/8/22?
#3747
Posted 22 November 2022 - 02:26 PM
basics are looking healthy here i admit.
Edited by dougie, 22 November 2022 - 02:26 PM.
#3748
Posted 22 November 2022 - 03:57 PM
anyone look up the TSX price for me of Great Pantehr mining: suddent spike today not reflected in US share price
#3749
Posted 22 November 2022 - 04:19 PM
Senor, you mentioned a huge wave 2 low in place. I was looking at counting the "huge" wave 1 from the Dec. 2015 low. Do you have the 'huge' wave 1 peak on 8/4/20 or 3/8/22?
Here's my bottom line: I believe we have ended a huge correction of the rally from the Mar 2020 low to whatever highs were made later in 2020 or early in 2021 (Silj for ex), IMO we have a very good chance to be now embarking on a rally that is going above those highs and that is all I care about, SLV perhaps has the "prettiest" count from the low below 11 in March of 2020 to near 28 in early 2021, I think we are going way above the 28 high. That's all I got and more new al-time acct highs for me today
Senor
#3750
Posted 22 November 2022 - 05:07 PM
volume on GDX doesnt shout wave 3
like to see 50 cross 100 MA