sure looks like gold double bottomed
dharma
Dust looks like there is zero chance it will go back up above that double top, 10 looks likely at least.
Posted 13 March 2023 - 12:55 PM
sure looks like gold double bottomed
dharma
Dust looks like there is zero chance it will go back up above that double top, 10 looks likely at least.
Posted 13 March 2023 - 02:40 PM
so are investors saying dont worry , buy stocks its only the banks that are in trouble
dharma
lol
what me worry?
Posted 13 March 2023 - 02:41 PM
sure looks like gold double bottomed
dharma
Dust looks like there is zero chance it will go back up above that double top, 10 looks likely at least.
can you explain that?
i still favor it running a bit into april after thisbounce dies
Posted 13 March 2023 - 03:40 PM
Today's gdx bounce takes us to .32 fib on the decline
Might be it
Posted 13 March 2023 - 03:55 PM
sure looks like gold double bottomed
dharma
Dust looks like there is zero chance it will go back up above that double top, 10 looks likely at least.
can you explain that?
i still favor it running a bit into april after thisbounce dies
One of the most reliable chart patterns is the double top and double bottom and last Autumn gold put in a triple bottom and recently double patterns have appeared on the charts.
Cafeflorida posted this from Eric Hadik... "Gold’s March 8 close at 1818.6/GCJ triggered a new multi-week buy signal that could have ramifications into early-May ’23 (when the next 1 - 2 month peak is projected) and even into Nov ’23 - when longer-term cycles peak. Grains are the opposite as they reinforce mid-Feb sell signals and project further downside." In addition to that Armstrong's computer has been predicting trouble for this time period. I have indications that gold will form a big high in 2024.'We see'.
Edited by Russ, 13 March 2023 - 04:00 PM.
Posted 13 March 2023 - 04:46 PM
video shows just before the 2008 bank failures there were 2 years with no bank failures and the same thing happened in 2021 and 2022...
Posted 14 March 2023 - 10:50 AM
crypto banks fail and btc soars?
Posted 14 March 2023 - 11:00 AM
crypto banks fail and btc soars?
Investors stuck in Crypto hell and can't get out - at least move funds into what is perceived as the safest thus Bitcoin (BTC) - same concept as the strong USD because the other majors EUR and JPY are in even worse shape
Posted 14 March 2023 - 12:29 PM
fwiw , i dont think the decline is finished -ie stocks and the pms
dharma
Posted 14 March 2023 - 02:45 PM
fwiw , i dont think the decline is finished -ie stocks and the pms
dharma
i agree
hard won into april imo
not betting on it