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

 

interesting place here on weeklies

And Daily as well....looking a wee bit extended, but if it manages to hold 30 on any pullback, maybe it finally punches out back into bull territory.

 

But generally speaking...a long leg into a 900 up or down, the 900 usually holds, at least for a bit anyway.

And this could still turn into a massive bearish upthrust 900 back test.

 

As long as Silver remains under 24, a time for caution at these levels.

 

 

thanks

 

interesting place here on weeklies

And Daily as well....looking a wee bit extended, but if it manages to hold 30 on any pullback, maybe it finally punches out back into bull territory.

 

But generally speaking...a long leg into a 900 up or down, the 900 usually holds, at least for a bit anyway.

And this could still turn into a massive bearish upthrust 900 back test.

 

As long as Silver remains under 24, a time for caution at these levels.

 

 

 

K Wave, I noticed that you are posting your charts to a image posting site before linking them here. You can just click on the camera icon on tradingview then copy the chart address and past it into the stockcharts icon on this site. 

Silver shortages developing....  

GDX with near perfect 900 day back test here pre-market just under 32.

Bulls have to really earn their keep now...be on alert for possible failure...

K Wave, I noticed that you are posting your charts to a image posting site before linking them here. You can just click on the camera icon on tradingview then copy the chart address and past it into the stockcharts icon on this site. 

 

 

 

Thanks for that tip, will give it a go.

Senor, you lightening up?

And GDX red...careful

Edited by Smithy, 09 January 2023 - 10:25 AM.

31.50 probably a good stop on GDX now...

Edited by K Wave, 09 January 2023 - 11:00 AM.

gold new highs silver not=divergence.  sure looks like it is topping to me.  

dharma