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Topic: 2019 The Year silver shines (Read 230 times) previous topic - next topic

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2019 The Year silver shines
I was given permission to share this chart by my friend  @pbartashevich  from tradingview.
I figure it is a Good one to start a new thread for.
For Entertainment Purposes Only.

Re: 2019 The Year silver shines
Reply #1
Bull pennant.
For Entertainment Purposes Only.

Re: 2019 The Year silver shines
Reply #2
When I posted that pennant above, the way my marking pole went through the orange downtrend line bothered me.
This makes more sense, a flag with the same marking pole. The marker starts at the bottom of the flag.
For Entertainment Purposes Only.

  • ken
  • [*][*][*][*][*]
  • Global Moderator
Re: 2019 The Year silver shines
Reply #3
Got a gold chart? Looking at it and I see 1238 or so as an area for a rebound barring any political turmoil which we may get with this Brexit Monday the 21st. Markets closed yes, but Tuesday will be interesting.

Re: 2019 The Year silver shines
Reply #4
For Entertainment Purposes Only.

Re: 2019 The Year silver shines
Reply #5
For Entertainment Purposes Only.

Re: 2019 The Year silver shines
Reply #6
For Entertainment Purposes Only.

Re: 2019 The Year silver shines
Reply #7
I can not find the article again to link, but a blogger stated over the last weekend that gold should have a minor pull back to around $1280 to $1290 over the next 30 to 45 days, then have a major leg up to around $1450. I am guessing that jives with your chart Ed, but not sure I am making a correct interpretation.

Re: 2019 The Year silver shines
Reply #8
I can not find the article again to link, but a blogger stated over the last weekend that gold should have a minor pull back to around $1280 to $1290 over the next 30 to 45 days, then have a major leg up to around $1450. I am guessing that jives with your chart Ed, but not sure I am making a correct interpretation.

This is not the link I could not fin, but it is another blogger predicting a brief pull back



Re: 2019 The Year silver shines
Reply #9
I can not find the article again to link, but a blogger stated over the last weekend that gold should have a minor pull back to around $1280 to $1290 over the next 30 to 45 days, then have a major leg up to around $1450. I am guessing that jives with your chart Ed, but not sure I am making a correct interpretation.
Dave, often I don't have an interpretation of my own charts. That is why I just post a chart without commenting so many times.
Sometimes I can find lines of potential support/resistance but don't want to project my hopes and desires into someone else's trade.
This one has that 1450 you mentioned, but who knows if we get that pull-back or not. That leg you mentioned could happen as fast as within the next 5 months. We should be talking gold on that board, just for the benefit of any visitors.
For Entertainment Purposes Only.

Re: 2019 The Year silver shines
Reply #10
the 50DMA crosses the 200DMA. A Golden Cross. As long as it stays above the 200DMA it's going higher.
For Entertainment Purposes Only.