Appreciate the charts on gold
but the shares ain’t buying it. Only a handful of the big boys making any moves to speak of.
When the shares don’t respond, it’s almost guaranteed bad news.
Should not have sold my DUST, methinks.
If we go down, I’m gonna pin it on Fully and his virtually guaranteed jinx special…
“Should not have sold my DUST, methinks.”
MY charts say GDX and GDXU will do fine on net for the next month or so.
That’s when my charts now say the next window for DUST and GDXD will open up again, potentially.
Will update as those observations sharpen.
ps … this is not via EW. My charting is independent of EW, although my outlook and risk assessments factor EW in when it comes to what could happen after I get my signsls since my charting software comes without a crystal ball.
Thanks, Pedro. Added AGI, SSRM and HL this morning. June calls that seemed underpriced to this poor beggar of a gold bug
I plead Guilty on reason of Insanity !
Ah, I can’t keep that accusation in place. You are hereby released from jinx jail. The majors have been screaming and my attention was on the lesser shares. I missed some gigantic moves. (Bending over, kicking myself…used to play those big boys like a violin. Rats!!)
Shares seem to be on a different cycle Silverboom. They are following the stock market more than gold at the moment so selling is holding them back. I am waiting for gold to make another price spike shortly then it will also sell off correctively.