Charmin Posted April 6, 2005 Author Report Share Posted April 6, 2005 silver 7.05 to 7.15 Link to comment Share on other sites More sharing options...
traderfromhell Posted April 6, 2005 Report Share Posted April 6, 2005 tfh, i agree w/you. maybe gold will get under 400, but i dont see it anymore. on a lower low i will complete my buying. the dolar has come into resistance, has daily rsi divergences(9bar) from an overbought situation. i dont think its got much juice in it. although the dolar correction didnt get very high, it did chew up alot of time-over 3 months. some of the miners are showing bottoming patterns. dharma <{POST_SNAPBACK}> Let's hope so, but the miners aren't showing any strength - hope they're not foretelling more gold weakness. Hey is TFH the reincarnation of the old party pooper Seven of Eleven or has that already been established? <{POST_SNAPBACK}> Nope. Link to comment Share on other sites More sharing options...
traderfromhell Posted April 6, 2005 Report Share Posted April 6, 2005 tfh, i agree w/you. maybe gold will get under 400, but i dont see it anymore. on a lower low i will complete my buying. the dolar has come into resistance, has daily rsi divergences(9bar) from an overbought situation. i dont think its got much juice in it. although the dolar correction didnt get very high, it did chew up alot of time-over 3 months. some of the miners are showing bottoming patterns. dharma <{POST_SNAPBACK}> Let's hope so, but the miners aren't showing any strength - hope they're not foretelling more gold weakness. Hey is TFH the reincarnation of the old party pooper Seven of Eleven or has that already been established? <{POST_SNAPBACK}> Nope. <{POST_SNAPBACK}> He wasn't feeling well. Hope he's OK. Link to comment Share on other sites More sharing options...
Charmin Posted April 6, 2005 Author Report Share Posted April 6, 2005 copper new highs - supporting silver Link to comment Share on other sites More sharing options...
Charmin Posted April 6, 2005 Author Report Share Posted April 6, 2005 gold and silver near highs silver within 8 cents' gold within 2 bucks Link to comment Share on other sites More sharing options...
Guest Posted April 6, 2005 Report Share Posted April 6, 2005 is it very significant that bush asked/told the imf to forego gold sales. ?obviously it takes some supply off the market. i expect that at some point all the central bank sales of gold will be halted. why sell your most valuable asset. dharma Link to comment Share on other sites More sharing options...
Guest Posted April 6, 2005 Report Share Posted April 6, 2005 by the way, prechter is offering a free week, i think that it starts today. dharma for gold bulls he is the perfect fade. in fact, he has been the perfect fade in the stock market too. since about 96 when he went short. its 9 years later and he is still in the hole. Link to comment Share on other sites More sharing options...
Charmin Posted April 6, 2005 Author Report Share Posted April 6, 2005 on daily charts the reactions in silver have been faster than the rallies, till this changes silver will remail in the TR Link to comment Share on other sites More sharing options...
bearvest Posted April 7, 2005 Report Share Posted April 7, 2005 XAU: We should see a 5th wave and a completed pattern next week The intra-day chart shows an abc 3-3-3. As none of the waves are impulses, the triangle should expand to look more like a wedge, before the descent in wave v. Link to comment Share on other sites More sharing options...
yellowfish Posted April 7, 2005 Report Share Posted April 7, 2005 on daily charts the reactions in silver have been faster than the rallies, till this changes silver will remail in the TR <{POST_SNAPBACK}> LONG term silver chart. If we got some time I'm sure it will double top. Link to comment Share on other sites More sharing options...
Charmin Posted April 7, 2005 Author Report Share Posted April 7, 2005 Thursday thread started Link to comment Share on other sites More sharing options...
NWD Posted April 10, 2005 Report Share Posted April 10, 2005 is it very significant that bush asked/told the imf to forego gold sales. ?obviously it takes some supply off the market. i expect that at some point all the central bank sales of gold will be halted. why sell your most valuable asset. dharma <{POST_SNAPBACK}> Why would whoever gives Pres. Bush his marching orders want a higher POG? Think of how since at least '96, they've apparently been suppressing POG in the interest of lower long term interest rates and the abolition of a benchmark against which to measure fiat currencies. Why change course now? Link to comment Share on other sites More sharing options...
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