You are right. However, Gary Wagner in the interview I linked above says for gold 50 crossing 100 maybe a death cross indicator. I'm reposting Wagner's interview here.
https://tinyurl.com/y3gt6t6v
Here is an updated chart from AG Thorson, another gold analyst that I follow. Interesting that Tech Analysts are coming to a similar conclusion.
I use TA as a tool to assess objective high probabilities of price movement to determine entry & exit points in order to get maximum bang for my buck. I used Weinstein Stage 2 chart analysis to enter TSO @ 6c. I used Fundamental Analysis to add to my holdings @ 47.5c, 37c & 27c.
And if Wagner & Thorson are right and PoG goes down, I'll be looking to buy more TSO using the kids' inheritence!
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You are right. However, Gary Wagner in the interview I linked...
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Last
2.4¢ |
Change
-0.003(11.1%) |
Mkt cap ! $37.28M |
Open | High | Low | Value | Volume |
2.6¢ | 2.6¢ | 2.4¢ | $270.7K | 10.83M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1046000 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 725930 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1046000 | 0.023 |
5 | 1476726 | 0.022 |
3 | 550000 | 0.020 |
2 | 199995 | 0.015 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 725930 | 1 |
0.025 | 2135002 | 2 |
0.027 | 650000 | 2 |
0.030 | 4089 | 1 |
0.033 | 123000 | 2 |
Last trade - 15.24pm 08/11/2024 (20 minute delay) ? |
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