Fake out below the 30Week Moving average; when I was watching this live; I tweeted that 1285 was the swing pivot on the day gold rose 50$ (3%). That swing pivot was also the 30 week. (wink wink).
Monitoring Gold to Silver ratio; if this ratio begins a steady new downward trend; then, game on.
Based on where the monthly indicators are on gold/silver mining stocks; I think this ratio will trend lower and silver will take the lead.
The green light to buy the dip is at hand; with a caution warning until 1400 is crossed.
Reminder from May 4th.
Reminder from March 3rd
No comments:
Post a Comment