Posted by parrrich on 28th of Mar 2014 at 01:04 pm
You may want to look at the metal charts themselves. A
large percentage of silver and golds moves happen in overnight
trading therefore the SLV will have gaps all over the place.
What about the gap up at 24-25.5 back in april of last year?
That hasn't been filled yet either. Gaps in stocks would be
something that would be helpful, not so sure about commodities.
There were shocking washouts yesterday and a few this
morning. ABX broadened lower, and has recaptured the
shortterm battle and broadening tgt is 18.99 or so. ABX has
no prominent gaps, GG does just underneath. Short term is
up. ANV very good here. AUY probably undercuts 8.90
then higher, but did not fill 8.63 gap quite ... 8.65 lows.
Definitely some lows to tap out out there. TZA, hits wedge
symmetry target at 16.15
Matt, Steve - are there any comments on GDX?
Posted by shopper on 28th of Mar 2014 at 12:05 pm
Gap
Posted by survup on 28th of Mar 2014 at 12:23 pm
Until SLV fills final lower gap, I will not assume new uptrend yet in metals.
You may want to look
Posted by parrrich on 28th of Mar 2014 at 01:04 pm
You may want to look at the metal charts themselves. A large percentage of silver and golds moves happen in overnight trading therefore the SLV will have gaps all over the place. What about the gap up at 24-25.5 back in april of last year? That hasn't been filled yet either. Gaps in stocks would be something that would be helpful, not so sure about commodities.
The entry on golds was yesterday afternoon - TZA symm tgt hit
Posted by cmunny on 28th of Mar 2014 at 12:17 pm
There were shocking washouts yesterday and a few this morning. ABX broadened lower, and has recaptured the shortterm battle and broadening tgt is 18.99 or so. ABX has no prominent gaps, GG does just underneath. Short term is up. ANV very good here. AUY probably undercuts 8.90 then higher, but did not fill 8.63 gap quite ... 8.65 lows. Definitely some lows to tap out out there. TZA, hits wedge symmetry target at 16.15
shopper - can you please
Posted by steve on 28th of Mar 2014 at 12:16 pm
shopper - can you please be more specific with your question. I discussed it in-depth last night. Please review.