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Charts from the Lunatic Fringe.

Zed

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Zed

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Zed

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Yuan breaking up on USD/Yuan cross rate. (losing value against the USD!)

USD-YUAN-M-20190813.png
 

Zed

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DXY Monthly - Still on its way to troublesome levels! I'm still a USD bull here... but also a Gold bull!

DXY-M-20190813.png
 

Zed

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Gold 4H now looking better, that should start to cheer gold stocks up. See if we can close a 4H session over 1520!
 

Zed

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Silver 4H ---> Current projections.

XAGUSD-4H-20190813-1.png
 

Zed

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Strawboss

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Goldhedge

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Miners put in a reversal today, but gold broke out. Mixed signals. The diversions tells me we should be heading lower now. But as long as gold is of the most recent break out level, it’s still bullish
What miners are you watching?? GDX, GDXJ or specific like RGLD, ABX?
 

Zed

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Gold 4H now looking better, that should start to cheer gold stocks up. See if we can close a 4H session over 1520!
Looking like she is on her way!

XAUUSD-4H-20190813-2.png
 

Zed

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Miners put in a reversal today, but gold broke out. Mixed signals. The diversions tells me we should be heading lower now. But as long as gold is of the most recent break out level, it’s still bullish
The miners are playing by the old rules and it looks like Gold is busy defining a new trading character. They are, prehaps rightly, (like Bob) cautious here. They will likely get a bump from short covering if gold keeps this up.
 

Zed

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Germany's 2 biggest banks...worth a combined $19 billion...and yet they have counterparty risk measured in the 10s of trillions...

Whats a little leverage among friends, right?
 

Zed

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Zed

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Strawboss

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Glad I cut 1/3 of my positions last weeks and picked up some cheap DUST calls...if this is a correction to back test the 1359 area I will be nicely set up to take advantage of that...
 

Goldhedge

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I wouldn't short here at all, for some odd reason gold is going to break new highs soon. The only thing that would get me wrong is the China-US trade. Latest "BREAKING: US Trade Rep. announces that some of the 10% tariffs will be delayed until December 15. Cell phones, laptops, video games, certain toys, and certain shoes/clothes won't be hit until Dec. 15 (aka after the big holiday rush to ship products from China)"
 

Weatherman

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It may just be wishful thinking, but I would love to see a hard V shape recovery to new highs after the bankster smack down.

charts.jpg
 

Strawboss

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Last night...no additional targets posted of course.....until it's support
Me thinks that in the not too distant future - gold will move through multiple boxes in a single day...up and down...

Extreme volatility is on the menu...
 

Strawboss

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Maybe, i'm just posting the numbers that are significant based off all history
Would you be adverse to posting the significant numbers between here and say $2000. I think that might be helpful if we start getting $100+ swings (we just had a $50 swing today)...
 

Zed

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Zed

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Gold 4H - Well, well, well... some one is crapping their pants. All guns blazing on the Comex in the biggest down 4 hour candle in quite some time. The HUI and GDX response was telling. While they where selling prior to the belting they were not selling so much after the belting. The HUI had a squat candle and the GDX saw some good buying off the low. Huge volume down prior and stuff all after. Thier main problem is that those in gold at this point in time are of high conviction. All they are achieving is setting up the short squeeze that will propel us higher in the end.


XAUUSD-4H-20190814-1.png
 
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Zed

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Same as above with volume switched on. Albeit CFD volume and not futures!

XAUUSD-4H-20190814-2.png
 

Zed

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Zed

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DXY 4H with Gold - Leveraging the pop in the greenback no doubt! .... but the correlation guys, the correlation! It's a brave new world for the goldbugs, USD goes up and so does gold, USD goes down and gold goes up! WTF?! LOL.


DXY-4H-20190814-1.png
 

Zed

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Setting up for a 6% smack down on the open in the ASX goldies!
 

Zed

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~-5.5% on the open... dum money opens, smart money closes. Lets see where we go from here.
 

Zed

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Where did they think ultra low rates were going!
 

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itsamess

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Following the theme...
"
The downturn in the automobile industry is a significant obstacle for
Prime Minister Narendra Modi's government because autos account
for 50% of India's manufacturing output.
" Uh Oh.