My observations are that this is the C leg of a possible ABC
reversion. I believe that Gold may be in a longer term
bull market, so this may be the time to take some profits. I
don’t think that 5 legs are likely in this scenario, but I could be
wrong.
Then you should follow your plan - hopefully you bought the dip
when GDX was bouncing to form a lower high. Very short term
GDX made a divergent low on 15 minute and bounced.
Speculating.
Steve, Is it a good time to sell DUST?
Posted by mdgfain on 23rd of Apr 2024 at 10:52 am
Speculating.
My observations are that this
Posted by mdgfain on 23rd of Apr 2024 at 10:59 am
My observations are that this is the C leg of a possible ABC reversion. I believe that Gold may be in a longer term bull market, so this may be the time to take some profits. I don’t think that 5 legs are likely in this scenario, but I could be wrong.
Then you should follow your
Posted by steve on 23rd of Apr 2024 at 10:59 am
Then you should follow your plan - hopefully you bought the dip when GDX was bouncing to form a lower high. Very short term GDX made a divergent low on 15 minute and bounced.
Thanks.
Posted by mdgfain on 23rd of Apr 2024 at 11:00 am
Thanks.