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


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#61 linrom1

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Posted 13 January 2023 - 01:58 PM

 

This formation could be very explosive?

thought you were bearish?

 

Yes but that doesn't mean I can't change my opinion on a daily basis and day trade up or down.



#62 dougie

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Posted 13 January 2023 - 03:09 PM

true enough and cheers to you



#63 senorBS

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Posted 13 January 2023 - 03:15 PM

Just another "boring" grind higher to new rally highs, don't get anyone too excited and keep the bears and doubters hopes alive. Loving it. Also my oil stocks doing much better this week as XOP right now at the level of the highest closes of the past several weeks, Senor's accts doing muy buenoyes.gif

 

Senor



#64 dharma

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Posted 13 January 2023 - 04:21 PM

gold dsi =90

dharma



#65 K Wave

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Posted 13 January 2023 - 04:39 PM

FINALLY...that blast out on the hourly, and finally closing above 24 may be the start of it.

 

Once Silver clears 26, should be no holding it back.

 

HUGE bear repudiation action in the banks today as well. Feels like a change in the weather today....

 


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

 

 


#66 K Wave

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Posted 13 January 2023 - 04:46 PM

Thought we might see full back test of the 900, but big round number 80 could easily have been all she wrote for Silver bears.

 

Instead of confirmation stick on GDX, looks like we got one on Gold/Silver laugh.png

 


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

 

 


#67 K Wave

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Posted 13 January 2023 - 04:51 PM

now it is all about follow through on Silver over next few days...if it does so, probably off to the races in 2023....

 

24 still the dividing line between All In, and caution, and taking out multiple days of spike failures above 24 has me thinkin' bulls might just get it done next week.


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

 

 


#68 K Wave

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Posted 13 January 2023 - 05:03 PM

Silver quarterly...a close above 26 and gonna be hard to stop it.

 

Of course....a long way yet to the end of the quarter. Hopefully, it ends far above 26

 

 

Monthly also primed for possible launch...as long as it stays above 24...

Just need one long candle that blows out 26

 


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

 

 


#69 K Wave

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Posted 13 January 2023 - 05:07 PM

And weekly....in full bullish configuration, rising 200 above rising 900, and big up week next week could launch it...

 


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

 

 


#70 K Wave

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Posted 13 January 2023 - 08:45 PM

BTC continuing the ramp after the close....

 

That was one of the things that made me start get to less bearish when they could not break and hold it under 16.8k...how things ACT at key levels is what matters

 

Hopefully this bodes well for next week in metals...

 


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