Starting it off.

Al

the context here is gld bear abcd at .382 area, still in play. Every day is a small push up by the miners.


nem 60 - an interesting area, where:
39.55 - 35.07 = .50 at 37.31
36.80 - 35.49 = 1.27 at 37.15
c=a at 37.22

Made a bit paper trading by shorting GBP.USD. Just a "Quickie" trade, worked ok.



Al :--)

gdx is in a tricky place at 23.17 - 23.20

Nem c=1.23*a at 37.62

Gld hovering around .382 at 123.04

So break through or reverse?

That is crazy. Once again corrective wave, in a move up is way more dynamic than impulsice ones... (6B Z7)

aem 1.128, 1.27 at red lines

That's what I call a reaction! 1.3450 is a strong resistance level. (6B Z7)

rat,

I appreciate your're sharing work on gold and NEM, among other things. You and Marcin do good work. I got out of my NEM position, and decided to stand aside. NEM price rose as I exited. That seems typical for me. I am standing aside for the time being.



Al :--)

Cable is still heading up. If 1.3450 does not hold, 1.3490-1.35 is next.

Originally posted by MarcinO

That's what I call a reaction! 1.3450 is a strong resistance level. (6B Z7)

Marcin,
Cool.

Al :--)

Originally posted by MarcinO

Cable is still heading up. If 1.3450 does not hold, 1.3490-1.35 is next.

Originally posted by MarcinO

That's what I call a reaction! 1.3450 is a strong resistance level. (6B Z7)