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Re: possible gold/silver bottom? 7-10 setup

Hi Jay!
Good to hear from you, all is as well as can be, still doing limited option trading here and there...
Hope you are doing well with your work, it seems so from reading your posts and watching your videos, thank you for these btw, always appreciate your opinion of the market...
You have helped me a bit in the past admittedly, you helped me make a final decision to sell my physical Gold near the highs...I will always remember your analysis with this and how it helped me make this decision... :-)
And you helped me set up my current trading platform which is working well...

Anyways, yes, lol, I have my suspicions about this possible low BUT....we are holding support so far...and, as they say, support is support until it isn't....

And....we have a positive divergence off of these lows on the weekly charts...

And...Gold has held this '7-10' day pattern and reversed above the previous days highs...issuing a 'bonafide' buy signal as well...

So...until we break cleanly below the recent lows it may be the absolute best time to test for a possible bottom if you are bullish at all....just be ready to bail out quickly with a break below...

Anyways the market will show us the way...

Cheers! :-)

Messages In This Thread

possible gold/silver bottom? 7-10 setup
Re: possible gold/silver bottom? 7-10 setup
Re: possible gold/silver bottom? 7-10 setup
Re: possible gold/silver bottom? 7-10 setup
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went long Dec silver at 14.25, Warren
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Re: went long Dec silver at 14.25, Warren
Re: possible gold/silver bottom? 7-10 setup
Re: possible gold/silver bottom? 7-10 setup
Re: possible gold/silver bottom? 7-10 setup
corpse still has life in it
Re: corpse still has life in it LUaB
Re: corpse still has life in it LUaB
Re: corpse still has life in it LUaB
Re: corpse still has life in it LUaB
Re: corpse still has life in it LUaB
Re: corpse still has life in it LUaB
Re: corpse still has life in it LUaB
Re: possible gold/silver bottom? 7-10 setup
Re: possible gold/silver bottom? 7-10 setup
Re: possible gold/silver bottom? 7-10 setup
Re: possible gold/silver bottom? 7-10 setup
Re: possible gold/silver/dollar Trout
Re: possible gold/silver/dollar Trout *PIC*
Re: possible gold/silver/dollar Trout *LINK*
Re: possible gold/silver bottom? 7-10 setup
Re: possible gold/silver bottom? 7-10 setup/Wayne
Re: possible gold/silver bottom? 7-10 setup/Wayne
Re: possible gold/silver bottom? 7-10 setup/Wayne
Re: possible gold/silver bottom? 7-10 setup/Wayne
Re: possible gold/silver bottom? 7-10 setup/Wayne
Re: possible gold/silver bottom? 7-10 setup/SB
Re: possible gold/silver bottom? 7-10 setup/Wayne
Bitcoin took the legs out from under silver
Re: Bitcoin took the legs out from under silver