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Voodoo said:
I'm calling a Bull Trap and we head down hard one last time.
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This is the same chart but with the trendline drawn more strictly (daily closes). It only gives us 2 points of contact, strictly you need 3. The 50 DMA stopped it before, struggling to conquer that level now. Maybe this just defines the third point. Get @Lancers32 on the job, he is a sloping line expert!

 
Goldhedge said:
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Yeah, I think they are navel gazing... looks to have been a wider problem.


I'd say that the order trail will look different tomorrow.

$64 question is ---> Who was fucking with what to trip this off... and WHY?

These systems should be highly stable given the daily pounding they get. Was someone @ the exchange trying to skew the open auctions more +ve and did they screw up? A very long bow to draw, I know, but still you need a very solid reason for this sort of screw up. This is not normal.
 
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Saw this tweet and it does look awfully familiar.

 
GDX just made a strong move into resistance. So do we correct here or do we smash through? Tamarra we will see.
 
Zed said:
Gold hits resistance 1964 to 85. Correction to trend from there would be ~1905-20 ish.
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Option Expiry Tamara... That and the fact that gold has been up all week make me think we correct. We c...
 
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Stop with the negativity, I bought a gold miner today and now you all want me to lose money? For once I bought something (BTG) and it went up and now you guys want to crush my hopes and dreams. .
 

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Cigarlover said:
Stop with the negativity, I bought a gold miner today and now you all want me to lose money? For once I bought something (BTG) and it went up and now you guys want to crush my hopes and dreams. .
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Didn't your wife tell you, timing is everything!
 
With all these "gold is going to explode to the upside" articles, I think now is a good time to take a step back, look at the big picture, and re-think everything.
 
JayDubya said:
With all these "gold is going to explode to the upside" articles, I think now is a good time to take a step back, look at the big picture, and re-think everything.
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It's not as if the economy is tanking like Ukraine is it?

I've heard these 'gold is going to explode' stories for decades!

This guy is in full control...

 
Intel reported absolutely horrific results after the bell. They only made 0.10 per share this quarter and are project like a $0.15 per share LOSS for this quarter / Q1. They are propping this up as much as freaking possible but it's getting really heavy.
 
SPX Daily - Proper trend break, just, but the diverging rate of change is flashing a warning. Correction due? Golden cross or golden retreat? Roll right up folks and place your bets!

 
AUD Gold Daily - Suggesting that a bounce in real terms is due. So far recent action has been USD driven.

 
10 year yield Daily -> Still looking like it is in the process of putting in a bottom.

 
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