Gold is in a squeeze and 1980-5 is a good support where buying
occurs. It should have one more thrust lower into tomorrow or
Thursday, and that pullback could be bought for a good bounce.
last time wave 5 measured about 40 cents from the broken
support. 3ATR is at 614 on July contract. 643 should hold. This is
clearly a washout. They have today and tomorrow to reverse wheat.
04/27 is the first notice day.
Gold is in a squeeze
Posted by junkie on 25th of Apr 2023 at 10:30 am
Gold is in a squeeze and 1980-5 is a good support where buying occurs. It should have one more thrust lower into tomorrow or Thursday, and that pullback could be bought for a good bounce.
Thanks jumkie. I am slowly
Posted by rbreese on 25th of Apr 2023 at 10:53 am
Thanks jumkie. I am slowly adding to WEAT. Off next week for a trip.
last time wave 5 measured
Posted by junkie on 25th of Apr 2023 at 11:01 am
last time wave 5 measured about 40 cents from the broken support. 3ATR is at 614 on July contract. 643 should hold. This is clearly a washout. They have today and tomorrow to reverse wheat. 04/27 is the first notice day.
Junkie could you tell me
Posted by rbreese on 25th of Apr 2023 at 11:26 am
Junkie could you tell me what first notice day is? Thanks