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mortdiggiddy
17 dec 2019 16:13

#Seasonality long for #GOLD Lång

Beskrivning

Each year there is a high value trade that forms after the final Q4 FOMC. Today we have seen big 1 million + blocks on FCX. I believe a follow up move is coming for gold for the strongest time of the year to FEB.



[Forwarded from #DailyEdgeLive]
Stock Blocks
FCX
1,463,000
13.10

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1550-1580 target near the big 618% fib level.

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GDX strong seasonality begins around now with gold as well, following to mid February.

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SLV just published a live 1,500,000 block trade. Today is the average seasonal bottom into mid February.

SLV
1,500,000
16.30

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Big gap up today on silver after yesterday's large 1.5 mil and 700k block buys.

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1.5 million GDX block buys.

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Classic Camarilla trading on Year CAM pivots for silver. CAM Year S3 bottom, breakout R4, backtest R3 again with Year VWAP, then rise again.

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Great run, but it looks like 1600 will be the line in the sand for awhile. $50+ range day on gold with this middle east news.
Kommentarer
MYTHINGISHARD
great call. i will wait for you next cal to enter .
Thundertoes30
nicely done.
doq
strongly agree!
Mer