Loading ...The timing is now IMHO
I have three charts to share with you today.
I will apologize in advance but my colour printer is acting very B&W today.
I have three charts to share BPGDM, XAU, HUI:USB
As of last Friday, All three charts are indicating that the bottom is in and we crossed over into a BUY signal for PM’s.
I am allocating more financial resources on Monday. Wish me LUCK … Papa needs new shoes LOL!!
PS, I am not a financial advisor, just a committed Fiat hater and PM lover.
The quality of the media I uploaded is not very good.
Here is a link to each chart.
You can see for yourself the cross over buy signal.
https://stockcharts.com/public/1906477/chartbook/236613197
https://stockcharts.com/public/1906477/chartbook/44138649
https://stockcharts.com/public/1906477/chartbook/156407256
Thanks Rob…I made the charts expandable .
Good stuff !
Thanks a gazillion, Sir Rob Walnut!
Significant turn up in my entire portfolio, mostly tens of juniors, since the bottoming around 7/12 to 7/14 timeframe.
I was lucky to have rotated some profits and proceeds from other slower moving long term held juniors.
So far the trades have worked very well.
The only regret is not having added more cash to buy juniors on fire sales.
That could be the strategy going forward, if the PMs correct a bit.
Other than the juniors, my “snacking” on FCX is paying off really well.
My dollar cost avg. on FCX is now 37.84
07/14/2022 15:54:54 Bought 18 FCX @ 25.14 -452.52 0.00 0.00
07/08/2022 14:24:14 Bought 9 FCX @ 28.2173 -253.96 0.00 0.00
05/09/2022 11:09:58 Bought 23 FCX @ 35.9599 -827.08 0.00 0.00
04/26/2022 15:12:00 Bought 21 FCX @ 40.2999 -846.30 0.00 0.00
03/18/2022 15:32:57 Bought 29 FCX @ 48.4199 -1,404.18 0.00 0.00
GL
I like the way you use RSI(9) for signals. I use RSI(5) for the fast and RSI(14) for the slow. Thanks for the charts!