now there's a surprise - marginal new high, suck in the break-out traders, then down..........
beeb
beeb
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DislikedAlthough weekly high areas have been achieved for the most part ($1628 and $41.73) jury is still out on direction.
Will it be rotation back or breakout ?
Looking at the dailys, once again the rotation back to the daily trend guide areas hold so they act like they want to keep it north. what ever the case is she has given us a heads up, a drop below is the first sign of heading south.
wed.gold
1628
1607
1586 with eye on 1594 response
wed. slvr
41.44
40.01
38.58Ignored
Dislikedboy silver has been suppressed today and has some serious room to the upside if the US data is bad.
waiting patiently with my longs from 35.1 and 39.8 stillIgnored
DislikedMitch imho it's the effects of opex - with sellers trying to influence call buyers not to exercise....
beebIgnored
DislikedHi Beeb!
sorry, but could you please elaborate on this?
Thanks budIgnored
Dislikedhi tilf,
my chart candle did show it ever move down to 1603.
before it move up and consolidate and then now jack up pass the consolidation line. i posted my chart on previous page
you mean it need to come down again to 1603?
can show the chart.Ignored
DislikedHere is the chart. I read about a rule in elliott wave that wave 3 cannot be the shortest so according to that 1650 will not exceeded.Ignored