Golden_Oracle

Golden_Oracle

Miners may finally be at or near a medium term bottom. They were up nicely today while gold was down. Also the technical are good. They are at the primary trendline, and there is a bullish RSI divergence. There is major support around 31, but not sure it will get down there.

Golden_Oracle Updated 

We have reached the target of the fib .382 from the 2016 bottom We have also reached the .618 of the fib from the march bottom

Golden_Oracle Updated 

Also hit .618 of march low to top

Golden_Oracle

We have also retraced 50% from the march lows to the top

Golden_Oracle

Price can only follow 1 trend at a time. And we are at the vertex of 5 trendlines. Which one will it choose? Well, price does not like to be forced. So it may do what it did the last 2 times this happened. It chose its own path, just to spite us.

Golden_Oracle

Dollar needs a breather. Coming to .5 fib retracement, 100DMA and bottom of previous liquidity zone

Golden_Oracle

Theoretical silver squeeze tops with respect to the M1 money supply I'm just going to post the WSB SLV DD as it has lots of stuff you need. And you can now comment in WSB, I think... www.reddit.com WSB started to promote silver, just as they were promoting AMC, BB, and all the other short squeezes. Once GME started to stall, they pushed to have silver removed...

Golden_Oracle

Expect a bounce. We have some confluence -bottom of the primary trend line -.786 fib retracement -200DMA -RSI 20 (during the last 2 years, every time we got this low, there was a considerable bounce)

Golden_Oracle

Price and rsi trends have hit the bottom channel. Should move up to the top now. Could also accumulate along the bottom trendline for a few days before moving to the top.

Golden_Oracle

This is the 100 year trend (exponential) It's only gone out of the trend 2 times before. Briefly before the great depression and during the dot com bubble...

Golden_Oracle

But its January. So watch out for breakout above trendlines...

Golden_Oracle

1st target 1935 2nd target 1960

Golden_Oracle

I like 1935 target for the next 5 days. But watch out for 1905

Golden_Oracle

target 14 end of February

Golden_Oracle

Accumulate at 4H 50MA...

Golden_Oracle

Looks like the Euro is making another attempt at breaking above trend. Also trying to complete bull flag structure If it breaks, will it be Armageddon? Will heads explode? Or will it be like Y2K?

Golden_Oracle

-Daily 200 SMA/EMA -Bottom of primary trend channel -Fib 1.618 of lower Distribution (or Reaccumulation) phase -2012-2013 triple top (previous bull market top if you discount the initial blow off top) -Fib 1.272 extension of BC to AR Distribution (or Reaccumulation ) phase -Supply zone at ~1800 -Lowest 4Hr RSI since Aug-2018 (Wyckoff spring and start of current...

Golden_Oracle

Bounced about 4% above the 200 day moving average. Then the usual merry xmas...