One month follow up...steady as she goes.
Fib
Posted 31 January 2016 - 12:57 PM
One month follow up...steady as she goes.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
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Posted 31 January 2016 - 01:09 PM
I believe that dip we saw on January 19th was a potential Wyckoff moment. Gold was well into its primary cycle when the XAU, HUI, GDX made new multiyear lows. Commercial operators tried to push these things down but they've popped right back up. Your internals confirm that outlook. Thanks for posting your work.
cheers,
john
Posted 31 January 2016 - 08:48 PM
One month follow up...steady as she goes.
Fib
Fib are you long metals in here?
Posted 02 February 2016 - 08:48 PM
Fib are you long metals in here?
Yes...been long GLD the day after I made the post at around $102....stop now at $105.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
Posted 02 February 2016 - 10:34 PM
nice trading Fib!
Posted 05 February 2016 - 10:20 PM
Even though GDXADP is in percentages, it matches well fib's a/d line as long as the setting is cumulative.
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