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we either have a wave 1 of a new bull market or more backing and filling


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#171 K Wave

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Posted 24 January 2023 - 08:15 AM

IF PL can clear 1060, then may get back in full bull mode

 

but if it is going to fail, looking like 1060 area would be the place.


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#172 K Wave

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Posted 24 January 2023 - 08:41 AM

And there it is, right at 1060...

 

If/when bulls take that out, would feel much better about upside...

 

back below 1040 now again, would actually start to worry a bit 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

 

 


#173 K Wave

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Posted 24 January 2023 - 08:44 AM

and here are the 30, 45 and 60 min looks on PL...HUGE battle zone here

 

30 min

 

 

45 min

 

 

60 min

 

 

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#174 K Wave

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Posted 24 January 2023 - 08:54 AM

G/S still holding it together....so possibility it still makes it all the way to 85 area.

 

Below that last pivot low, would start to like Silver bills chances a bit better...

 

 

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#175 K Wave

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Posted 24 January 2023 - 08:56 AM

meanwhile, while overshooting Hadik's target by a bit...

 

Gold hourly almost outta gas??

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#176 K Wave

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Posted 24 January 2023 - 08:59 AM

1928 area looking key for Gold VST now...

 

and a breach of that could potentially start a cascade of time frames rolling over.

 

See if bulls can keep the party going or not here soon most likely.


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#177 K Wave

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Posted 24 January 2023 - 10:57 AM

PL back over 1060 and G/S may be just about to reverse....

 

maybe....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

 

 


#178 K Wave

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Posted 24 January 2023 - 10:58 AM

Every dip still bought on Gold...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#179 dougie

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Posted 24 January 2023 - 12:52 PM

thanks Kwave for all the good posts



#180 K Wave

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Posted 24 January 2023 - 02:01 PM

AGQ...how much tighter can this 4 hour chart get wound up???

 

Bulls need that momo to blast out big time...soon...

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy