6458 replies to this topic

[K Wave]

G/S...this is probably about the worst case bulls can handle here and still be OK

 

That 84.60 area MUST be retaken...key to the whole enchilada

 

[K Wave]

6 8 12 hr shows the importance of this area intermediate term

 

MUST win for Silver bulls

 

A lot of times...first time through a major resistance area does not get it done....but the 2nd time often does..

 

6 hour

 

 

8 hour

 

 

12 hour

 

 

 

 

[K Wave]

GDX.....Bulls need the next big candle to kink that momo up...and NOT down

 

The indecision should resolve pretty soon

 

[K Wave]

Coffee still right in the sweet spot for possible big turn

 

See if bulls can get it going in the wee hours on the re-open

 

[K Wave]

1 min coffee....probably just need to bust that vicious final slide trend

 

Edited by K Wave, 07 May 2024 - 02:53 PM.

[K Wave]

Mini charge towards the close...but until bulls hold above 34.20, they do not have it

 

If they DO hold above it, then they might just have a REALLY LOT

 

[K Wave]

RGLD....i would venture a guess that it is just about decision time

 

[K Wave]

Things could go from very boring to quite exciting...soon

[K Wave]

Looks like may we be near the end game now after Silver did finally wind its way down to 27

 

So either it explodes out of the hole now above the 3 tops, or it fails back below 27....

 

 

 

[K Wave]

And that had best be the last test of 34 on GDX...now bulls need it to turn around and blow out 34.20