After this wedge higher some leaders are less than 10 pct off
highs, but all look bear wedgish. GDX still
not quite to a 38 fib retrace. Indian election coming online
and could be very gold bullish with an anti-mob candidate, Modi, a
leading figure. The larger cap leaders look like they are not
failing, but I would expect this range to rinse.
Goldgram Update - Leaders at resistance, bear wedges
AMZN hits 100 extn of recent down leg, tgt 340 to 350, SA 10,000 cal 7 calls
Posted by cmunny on 8th of Apr 2014 at 04:57 pm
After this wedge higher some leaders are less than 10 pct off highs, but all look bear wedgish. GDX still not quite to a 38 fib retrace. Indian election coming online and could be very gold bullish with an anti-mob candidate, Modi, a leading figure. The larger cap leaders look like they are not failing, but I would expect this range to rinse.
Narenda Modi weighed in Silver and Gold
Posted by cmunny on 9th of Apr 2014 at 12:56 am
Potential new leader of 1 billion PM hungry up-and-comers. Does this look bearish for the eternal metal? http://www.citymirchi.com/cm-lv-91332-Modi-gets-grand-welcome-in-Mumbai-weighed-in-silver.html
Thanks for the charts cmunny
Posted by steve on 8th of Apr 2014 at 07:45 pm
Thanks for the charts cmunny