Member
Posted 02 February 2023 - 03:17 PM
Using 23.80 on Silver as my bull/bear line now...
If it gets back above ONE MORE TIME...then bears may be outta bullets.
Not willing to be long below that level, unless from much lower prices...too much potential risk here.
Edited by K Wave, 02 February 2023 - 03:17 PM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 02 February 2023 - 03:18 PM
Smithy and Russ...looks like your work nailed an intermediate top in Gold...
Kudos...donc
Notice on Jan 26 some smart money dumped a lot of gold, huge volume. I got out a bit early, time to go short now I think.
Member
Posted 02 February 2023 - 03:30 PM
Can PL break out upside from this bull flag...that is the question....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 02 February 2023 - 07:58 PM
michael burry tweeted one word before the fed "SELL"
dharma
\apple , google, amazon earnings all fall short
Member
Posted 02 February 2023 - 08:40 PM
IMo 1880 gets taken out and we drop hard
Member
Posted 03 February 2023 - 07:39 AM
Smithy and Russ...looks like your work nailed an intermediate top in Gold...
Kudos...donc
Crossd, to be clear, in my view, gold remains in an uptrend until it can get below and stay below 1900. One of my pet targets, $2207, is still possible. Not withstanding it all looks kinda toppy. "Trading is tricky."
Member
Posted 03 February 2023 - 08:45 AM
Smithy and Russ...looks like your work nailed an intermediate top in Gold...
Kudos...donc
Crossd, to be clear, in my view, gold remains in an uptrend until it can get below and stay below 1900. One of my pet targets, $2207, is still possible. Not withstanding it all looks kinda toppy. "Trading is tricky."
Smithy..i get it..it is a trading affair...Jobs just out +517k..the Fed is gonna hahe to raise a lot higher it seems..Gold futures off 30 bucks at 8:45 am
donc
Member
Posted 03 February 2023 - 08:49 AM
And PL fails miserably in its turn effort...
Last time metals did this, did not turn out so good for stocks....see if this time is different...or not
Below 33800 on Dow first warning sign...below 33600, and likely something very wrong with the launch effort.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 03 February 2023 - 08:54 AM
GDX gettin' hammered well below 32...Did the 900 just work its black magic yet again?
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 03 February 2023 - 09:25 AM
IMo 1880 gets taken out and we drop hard
Looks like support is gone now...
