Golds hitting bounce tgts , ANV filling gap at 3.99

    Posted by cmunny on 23rd of Apr 2014 at 11:42 am

    golds extended  with no volume ... ANV fills gap , leaves one behind ... fan resistance, looking for a little cooloff  around here, look better on daily than intraday.  AAU looks very nice, but hitting fan resistance.   A little different model than some companies,  nice base setting up, buy the dip.  TAHO going to close a little gap from last week and test the underside of this wedge breakdown.

    Rest of the GDX floating up to close the gap.   Fan patterns seem to be in play , with broadening above and below.   SBGL broadening to new highs - amazing ... amazing.  All these stocks are coming into 3 types of resistance about 1 pct higher if they didn't get there already.  Bases underneath most look pretty tight.  Should be a good battle line , decided somewhere at 2 a.m. with no volume. Note how the  fib time series caught the top exactly on 3-14 - next big switcheroo will be on 5/2

    Some got farther than others, but this should be interesting to see if we can get an inv. h/s  going from the past few weeks to give another jab at the resistance hit yesterday.  We'll see if next bounce rolls over, then ths weeks lows are vulnerable.  TAHO tried valiantly, 2nd topping tail at the 61 fan, horizontal resistance.  GOLD little gap lower after bumping up against highs.  /gc now on top of the falling channel that fell into the $1270 area, dips should be bot there, could help stocks.  ANV pressing the fan, explosive gains coming.  AAU out of the fan, very good situation.  SA, yawn, just putting in a dojoe , banksters still holding 10,000 lot of Aug $7 calls there.  Much higher prices ahead.

    Silver looks ultrabullish as well

    Posted by cmunny on 24th of Apr 2014 at 12:40 pm

    My leg is starting to tingle.  How many more whipsaws can they pull ... most silver stocks ignoring these shenanigans

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