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Topic: 4-10-17 (Read 274 times) previous topic - next topic

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4-10-17
I am not in the least bit surprised by the fall on friday, continuing into this AM
There is a good chance that was the extent of the pullback, lower is always possible.
It really needs to turn up here.
For Entertainment Purposes Only.

Re: 4-10-17
Reply #1
For Entertainment Purposes Only.

Re: 4-10-17
Reply #2
Two articles for balance, the first has a decidedly bearish outlook for PM's basing the recent uptick solely on the Syrian missile attack thus dismissing any influence on TA and the second very bullish with some simple informative charts linked.

http://www.safehaven.com/article/44143/golds-outperformance-and-huge-reversal


http://www.safehaven.com/article/44145/gold-price-rally-enjoy-the-ride

Re: 4-10-17
Reply #3
For Entertainment Purposes Only.

Re: 4-10-17
Reply #4
I go off and work for a day and i miss all the fun. That will teach me.
For Entertainment Purposes Only.

Re: 4-10-17
Reply #5
For Entertainment Purposes Only.

Re: 4-10-17
Reply #6

should at least bounce here, if not be the bottom.
For Entertainment Purposes Only.

  • Erich
  • [*][*][*][*]
Re: 4-10-17
Reply #7
Silver not following gold. Looks like an either way play to me. I took some off the table.
Hope everyone has a good week. I am heading to Jaimaica.
GLTA ER 

  • CLARKBAR
  • [*][*][*]
Re: 4-10-17
Reply #8
Looking for bounce OR bottom:  Stealing some ABX for the same reason.. close.. very close.. STOP~!

Re: 4-10-17
Reply #9
Basically, I think all we are seeing is gold holding silver together. My line of thinking is support. If gold performs, silver is unlikely to crash. Instead it is likely to relieve some pressure, but shouldn't be bad. Seen in the B_Bands (one or two days below the bottom line)  looks necessary and a good thing to advance, so I see it this way, the trading range for gold is around 1280 and today's bottom in relation to a governing arc is 1273-1274, Monday is around 1276-1277 and Tuesday will be around 1279-1280. Essentially this would mean no more volatile shakeout condition exists, which then could lead into a smooth breakup instead of a crash and catch play. Have fun in Jamaica Erich.

Re: 4-10-17
Reply #10
I have to work again today, IF silver kisses 17.20 it should be a buy there.
For Entertainment Purposes Only.

Re: 4-10-17
Reply #11
17.21 is a 1720 kiss, I think it turns up now, if not, we could have a long summer,
For Entertainment Purposes Only.