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


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#841 K Wave

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Posted 24 March 2023 - 11:50 AM

The weekly chart on Silver is potentially pre-explosive now...again...pending breach of 24

 


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#842 dougie

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Posted 24 March 2023 - 03:37 PM

silver rising wedge: bearish mostly.

sel off next week to 22?



#843 dougie

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Posted 25 March 2023 - 08:11 AM

https://kimblecharti...hnical-support/

#844 Russ

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Posted 26 March 2023 - 01:36 PM

Natural Gas looks like it is going to rally into summer, this is looking like a great opportunity. Double bottom with a wedge on the verge off breaking out likely. I am looking at BOIL. 

 


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#845 Smithy

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Posted 27 March 2023 - 11:18 AM

If the present spot gold hourly chart correct unfolds as a triangle, it will be a gift for the bulls. Spot 1944 needs to hold for that case.



#846 dougie

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Posted 27 March 2023 - 01:39 PM

Three wave correction in gold underway and could be done in a day or two imo

#847 dougie

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Posted 27 March 2023 - 07:30 PM

Three wave correction in gold underway and could be done in a day or two imo

alternateively, we are done going up till July or so as we finaish up this long bearish correction and we now move down to 1700s or LOWER



#848 dougie

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Posted 27 March 2023 - 07:44 PM

my best guess: one more gold high before a stepp sell off into June July



#849 dougie

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Posted 27 March 2023 - 09:39 PM

this says higher  prices on gold imo


Edited by dougie, 27 March 2023 - 09:39 PM.


#850 Russ

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Posted 28 March 2023 - 12:49 AM

While I still think Natural Gas will rally into Summer, it may keep going down into about April 21.  Oil moved up strongly today but Natural Gas did not follow, there is a reported surplus of supply still. 


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



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