yep, though honestly the best thing for that market would be for
a longer consolidation like a month, set up some sort of ABC flag
like pullback on the weeklies.
yes this is the bounce from the big move down will just create
opportunity tyo reshort ..i hav a weekly sell and daily sell the
hourly is pointing up but that will be overbought soon .
also TLT is rolled over all all my time frames so if it is
trading like has been the case in tandem than GLD should
rollover..as usual we shall see!
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Gold and GDX moved higher
Posted by steve on 6th of Sep 2019 at 08:45 am
Gold and GDX moved higher following the weaker than expected Jobs Report
Gold was at 1510 now at 1524 while GDX has moved up 9 cents after being down 36 cents prior to the report
Starting to hear talk of
Posted by skyfish on 6th of Sep 2019 at 11:28 am
Starting to hear talk of a new quantitive easing. If I remember correctly, the last one took the dollar down and the price of gold up.
yep, though honestly the best
Posted by matt on 6th of Sep 2019 at 12:51 pm
yep, though honestly the best thing for that market would be for a longer consolidation like a month, set up some sort of ABC flag like pullback on the weeklies.
yes this is the bounce
Posted by RP on 6th of Sep 2019 at 09:27 am
yes this is the bounce from the big move down will just create opportunity tyo reshort ..i hav a weekly sell and daily sell the hourly is pointing up but that will be overbought soon .
also TLT is rolled over all all my time frames so if it is trading like has been the case in tandem than GLD should rollover..as usual we shall see!