AI
Tuesday, January 17, 2017 12:24:57 PM
Big up day for spot gold and silver ...but Miners?
miners are only up maybe 3%,2%,5% some of them...not much of a great surge in miners. I might take this as a sign the miners rally is stretching tired at this resistance zone,after running for a while. Now the powers are letting the spot metals rally a little to catch up, and what will they do in a few days as Trump gets sworn in. ?
will that be the "sell" trigger for the wall street supercomputer programs?
The miners rally is ready to begin its first swing pattern pullback. The Fibonacci resistance zone (38-42 area) I think 42 is a generous target here. 38 could get sold now.or anywhere in this zone around 40. pullback zone looks like 30-33,pivot shoulder at 31. key moving average around 33.
miners are only up maybe 3%,2%,5% some of them...not much of a great surge in miners. I might take this as a sign the miners rally is stretching tired at this resistance zone,after running for a while. Now the powers are letting the spot metals rally a little to catch up, and what will they do in a few days as Trump gets sworn in. ?
will that be the "sell" trigger for the wall street supercomputer programs?
The miners rally is ready to begin its first swing pattern pullback. The Fibonacci resistance zone (38-42 area) I think 42 is a generous target here. 38 could get sold now.or anywhere in this zone around 40. pullback zone looks like 30-33,pivot shoulder at 31. key moving average around 33.
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