i favor one more high here but not married to it and glad to have lightened a tad last week
we either have a wave 1 of a new bull market or more backing and filling
Started by
dharma
, Jan 05 2023 06:30 PM
6408 replies to this topic
#102
K Wave
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Posted 18 January 2023 - 08:55 AM
PL found its footing at hourly line overnight, and bouncing strongly
Is Silver can finally clear and hold 24.20 area...just maybe...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#103
Smithy
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Posted 18 January 2023 - 10:10 AM
Selling some g&s, taking profits
Edited by Smithy, 18 January 2023 - 10:10 AM.
#104
K Wave
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Posted 18 January 2023 - 10:18 AM
Silver remains impressive in its inability to launch above 24...
last nights pivot at 23.80 probably pretty big now...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#105
K Wave
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Posted 18 January 2023 - 11:29 AM
For Gold to continue its run....pretty much needs to hold 1910 on the way down here...
If not, fairly rapid rupture possible
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#106
Russ
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Posted 18 January 2023 - 11:59 AM
Gold/Silver chart has a bull flag that looks like it's going to break out so Gold should then go down.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#107
linrom1
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Posted 18 January 2023 - 12:12 PM
AEM is unable to generate any upward momentum, it's stock in same range since beginning of Jan.
#108
K Wave
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Posted 18 January 2023 - 12:14 PM
GLD hourly momo pic no so hot here after a huge run....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#109
Russ
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Posted 18 January 2023 - 12:14 PM
If Silver breaks the 23.11 level this week that should confirm the top is in. Interesting that Armstrong has an important cycle due between April 6-8 which is where my silver projection low is, he is expecting some dramatic news then, probably regarding Putin and the War
Edited by Russ, 18 January 2023 - 12:22 PM.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#110
K Wave
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Posted 18 January 2023 - 12:15 PM
And GDX looking not so great after the backtest failure at 32 this 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
