It's like 2007-2008.

we either have a wave 1 of a new bull market or more backing and filling
#4812
Posted 03 April 2024 - 11:23 AM
here comes that push attempt on Gold...see how far they get
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#4813
Posted 03 April 2024 - 11:25 AM
PA still struggling to break free on 3 hour
a closing bar over 1030 might do it though
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#4814
Posted 03 April 2024 - 11:27 AM
see if PL can set up an assault wave on 940 from here
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#4815
Posted 03 April 2024 - 11:47 AM
PA failure to launch....now watching gold a bit more closely.
2280 might be decent stop area 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
#4816
Posted 03 April 2024 - 11:54 AM
bull market pullbacks are often vicious and swift
not sure if gold is about ready for its first big one since the breakout, but it might be....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#4817
Posted 03 April 2024 - 11:56 AM
If it is almost ready, that base at 2200 could be a target zone
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#4818
Posted 03 April 2024 - 11:58 AM
PA back up to pivot near 1015....what happens here could provide some clues
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#4819
Posted 03 April 2024 - 12:11 PM
$Silver chart shows a classic 5-wave progression from Feb lows, thus far. Should peak around 27.50, then pullback to around 25.
Key is that it's busted thru 26.4 resistance and holding steady.
#4820
Posted 03 April 2024 - 12:15 PM
Copper up over 3%?