XSO 1.86% 2,966.3 s&p/asx small ordinaries

The Brains Trust, page-10614

  1. 2,922 Posts.
    lightbulb Created with Sketch. 414
    Hands up who likes a perfect Golden Cross

    The Silver chart below shows a ripper GC forming with all 3 ma's lining up in order and starting to point "upwards"... Green 50, Red 100, White 200 dma's

    Silver has only seen 2  "upward" facing 100/200 dma crosses in the last 8 years. The most recent back on the 21/4/16 for about a $6 run and the other back on the 15/6/10 ( I'll call this one a kiss instead of an actual cross it was that close ) that saw a $32 run

    Next step is to push through the downtrend line at say 17.40 with a potential/usual retest then followed up with a strong move into a new uptrend... well that's the plan anyway

    @cha maybe gold/silver will run now out of character for this time of year and try and catch everyone off guard... hoping
    @paddington bear would you call this a descending triangle... hoping again as they're rather bullish

    Good luck to those that need higher PM's prices, like me nnn.png
 
watchlist Created with Sketch. Add XSO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.