InvestorsHub Logo
Followers 222
Posts 45503
Boards Moderated 6
Alias Born 02/07/2012

Re: ahimsak post# 35634

Tuesday, 08/11/2020 5:48:18 PM

Tuesday, August 11, 2020 5:48:18 PM

Post# of 37920
Well I think we saw by todays' super-selloff, just how intently The Black Gap has been on the streets' mind......






Never quite finished post 35632 (ran out of editing time)

Where I was sayin'.....


One of my key indicators (or warning signs), has long-been Barricks $ 40 Level







Also known as their New York $ 30 Level











Almost there already it seems......but it could go sub-1900 ?






That could send Barrick down to its' (*see top chart) $ 30 Level


It's weird how today the US Dollar was down so, the selloff wasn't caused by a rising dollar (at least not yet)



Was largely (I imagine) just profit-taking.....where, who could say hey, - why not ?

The Silvers may have gotten just a wee-bit ahead of themselves





This from a couple of weeks? ago (before it broke thru 2000)






So......What'd'ya' figure - Is that Red gonna play out ?....



Probably yeah (I would think so myself)......
That what we witnessed today was the streets effort to flush out longs (same as they did during the Pandemic Lows)


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.