Not over yet...
1190 support test on tap.
Posted 13 September 2018 - 10:33 PM
Not over yet...
1190 support test on tap.
Posted 13 September 2018 - 11:23 PM
Massive inverse Head and Shoulders?
Edited by Russ, 13 September 2018 - 11:26 PM.
Posted 14 September 2018 - 07:03 AM
Not over yet...
1190 support test on tap.
Maybe, but there is good support on the yellow breakout line, I am showing a likely high around sept. 25, although it is not totally confirmed but looks probable.
Posted 14 September 2018 - 07:28 AM
Hey Senor, good to see you. SILJ supports the C wave hypothesis; I'm in that camp.
Posted 14 September 2018 - 07:43 AM
21 month cycle low in gold from 12/15/16 due in about a week +/- 10 days. The low "has" to be before the end of the month.
Posted 14 September 2018 - 09:17 AM
Not over yet...
1190 support test on tap.
There's 1202s
So far only corrective levels of volume, but we just had a big spike in GLD at the low.
Posted 16 September 2018 - 10:21 AM
Posted 17 September 2018 - 09:12 AM
key action in UUP, if it takes out 25.04 basis the daily chart IMO the odds will favor a iii of 3 or C down basis daily chart, makes sense as gold may have ended a nice abc down Friday and looks headed above 1214 and probably considerably higher, we see
Senor
Posted 17 September 2018 - 09:38 AM
GLD nice 5 up to todays high and not to a new high, should be wave i of 3 or C IMO. Lots of miners had 5 up complete from the lows at the early gap up highs IMO, already well into corrective pullbacks. All in all the best looking set up off a low we've had in a while. all IMO and as always DYODD
Senor
so far we are following this scenario, have stops at Fridays lows
Senor
Posted 17 September 2018 - 10:04 AM
Good analysis Senor. Resistance is spot 1210.