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Charts from the Lunatic Fringe.

louky

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Does Trump really have that much influence on the market, or is the market bigger than Trump?
He's just part of the grand con. How can you call stock market a huge bubble. Then flip flop to taking full credit for being responsible for said bubble and basing your entire presidential success on it.
 
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jelly

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Premiums have jumped quite a bit since a couple months ago. Was looking to buy some physical silver, but it's hard to get anything under $1/oz premium unless your going for 100 oz ingots.
 

Zed

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Quick look at gold. Indicators (RSI, Stochastics, MACD) took a sharp turn lower on Friday's break down from its consolidation pattern. Indicators have plenty of room to the downside. Oh, and check it out. 50 DMA and 200 DMA both at Louky's 1251. Makes for a very nice target.
View attachment 122669
Yes. I can see a trendline in there as well. If I weren't a lazy SOB I'd draw it, possibly a channel tooooooooooooo...
 

Zed

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Real Vision TV... any users here?

Looking so cheap now I've gotta give it a go.
 

Goldhedge

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Real Vision TV... any users here?

Looking so cheap now I've gotta give it a go.
Looks pretty good. Kyle Bass and a host of others. Quite a brain trust!
 

Goldhedge

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Zed

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I feel your pain. Kids are off from school today. We finished a 500 piece jigsaw puzzle last night.:lashing:
It's almost as bad as owning an Italian car...

... or marrying a dominatrix (OK, I'm guessing there but...)
 

Zed

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Looks pretty good. Kyle Bass and a host of others. Quite a brain trust!
Yeah, I think it's worth it. I really need to start thinking more about life after this phase in the gold market is over.
 

Zed

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Gold Daily. This is the way I'd typically approach it, always looking for the trading channel. Combine that with support and I'd propose ~1259 as the higher probability outcome here. That's on a daily close, so Louky's 1251 can easily be tagged. Maybe a couple of big red candles into the low by the looks of the STO. Should t' be long I'd say. If the channel holds up it will mean buying has to kick in over the 50DMA. Not a bad sign.

Screenshot from 2019-01-21 21-12-14.png
 

louky

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Historically, 3rd try is suppose to be a high high. Odds favor lil higher and we also got the fake news this morning as expected to support that theory. If not, then concern becomes triple top.
Top of the box, a beast. Probably better if it comes up short of 1296 here. 3rd try suppose to go high high.

1298 intraday top so far, 1296 (top of box) of course on the weekly

3rd try, suppose to go high high historically or poopsie.. . I prob just make this shit up,....can't be good prediction posted here already for two years in advance right?


Screenshot_20190121-224419_NetDania.png



Weekly

Screenshot_20190121-224401_NetDania.png



NCN

Top of the box

Memory

All you need

Etcetera

Yada yada
 
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louky

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Full Box
1269
1278
1287
1296

Above that would be 1305, but lets not get ahead of ourselves

1300 irrelevant
But 1300 is irrelevant of course, just like 1200 was (hot butter). 1305 is the number to watch.....9
1300 dont matter of course, would be hot butter if it comes. 1200 same.

Screenshot_20190121-224401_NetDania.jpg
 
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louky

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straight down backtest from 1296 is normal and expected always. i'm not full bearish unless 1251 fails with a sustained move. 1278 or even 1269 testing around and hold would be very bullish.
Looks like 1269 target is on the table and that 1251 number like jelly pointed out today. it's the historical pivot between 1269 and 1197
 

louky

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Definitely going to dump hard at some point, 1296 (long term trend line), 1305, 1309 , 1320?????

Probably fall straight back to 1251 pivot area with this lack of back testing
Sounds familiar? I think eventually we'll see what happens at 1251 pivot or if lucky 1269 bottom of the box holds
Next meaningful move looked like it would be down from a few weeks ago. Just have 1269 and 1251 in focus now
 

Zed

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Looks like 1269 target is on the table and that 1251 number like jelly pointed out today. it's the historical pivot between 1269 and 1197
1269 would be about best case... I think.
 

Zed

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Gold Daily. This is the way I'd typically approach it, always looking for the trading channel. Combine that with support and I'd propose ~1259 as the higher probability outcome here. That's on a daily close, so Louky's 1251 can easily be tagged. Maybe a couple of big red candles into the low by the looks of the STO. Should t' be long I'd say. If the channel holds up it will mean buying has to kick in over the 50DMA. Not a bad sign.

View attachment 122680
Little bounce off that first possible level of support, I didn't mark it. Not so long ago it was a given nothing would happen that close to the money. There is more strength here. STO is on a possible cross up if buying kicks in today, doubt it will be enough still thinking 1269 is best case.

Had a big dump in on of my favs today (NST:ASX) it was priced for perfection off the back of a new mine they've had for ~90 days. Reporting was OK but not perfect... but hey 90 fricken days isn't much time to sort a mine! Anyway... ~8% dump off the news, pegged back to ~4% in a few hours. Buyers are in the wings for goldies these days!
 
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louky

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Like i posted, it was 1296 glitch spiker, then dump to exactly 1278. Now making resistance theoretically at 1287.

1278-1287 is inner box, all you have to keep in mind to know what price action is saying

Full box 1269-78-87-96

Screenshot_20190123-071151_NetDania.jpg
 
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louky

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1278 bottom of inner box, that's why it doesnt just breakdown. All you have to do is watch for support/resistance in this range. So below 1287 bias is down, but it doesnt just collapse, inside inner box



Screenshot_20190123-073009_NetDania.png



Never changes, 1300 don't matter. Need support on 1296 for higher targets. Then 1305 pivot for confirmation
 

Goldhedge

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The following is an excerpt from Clive Maude latest review:

Tanzanian Royalty TRX, TNX.RSX, $0.32, C$0.435 at 2.00 pm EST
www.clivemaund.com
 

Zed

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Gold Stocks puking down here. Flush to a bottom coming soon?
 

Zed

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Gold Daily. Near support has held up rather well so far. Looks like the window for 1259 is almost closed. Looks like the odds favor ~1269 if this support gives way, which would be normal.

Screenshot from 2019-01-25 19-47-55.png
 

dpong

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