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friday
10:30pm USD Average Hourly Earnings m/m
USD Non-Farm Employment Change
12:00am USD ISM Non-Manufacturing PMI
 
$spx cash implied takes 50+ points hit #thanksdonald
gold went for a pop but silver only hit fridays top and rolled

the news is in and that's all

risk defined
 
#truncation based on a repeat measure (symmetry) a 100% repeat of the first move
 
#truncation

this resistance needs to hold, there are several ratios other than i've cited in this thread that say a construct has printed that stops price from ascending, price has required 'events' to get the current zone without that news endogenous trend is absent...this keeps my 1219-1222's on tap
 

1222 > 1219's still in the sites
 
silver hit the yellow line in the above chart and up we go

innocuous as the lift appears since this mornings rotation in both metals, it needs room to build a bid
so far the bids look good....
 
silver hit the yellow line in the above chart and up we go

innocuous as the lift appears since this mornings rotation in both metals, it needs room to build a bid
so far the bids look good....
no bid, all churn, rubbish stuff, more downside to come
 
silvers innocuous rotation at the low in the above chart had the best construct so i'm using that as the lead cue, slow squeez underway, lift occured pre-news, not a blow off news lift further to go
selling below 1278 xauusd cfd otherwise holding the long
 
yech

#manufactured lift

both metals failed to lift in the Asian sesh, not a first-good-look for an upswing
even tho both have these 'hindge' sideways shift that require a news ping to rock them off i doubt core duable goods tonight will rock the socks off but enough to cull early sellers and hook in chomping bids

 
BOR (bid offer range)
silver made hey but failed to make an hourly higher high .......if you look at the bigger play on a 120min basis a HnS is in play if the 1279xauusd cfd fails to hold

 
silver leads lower with xauusd being dragged behind bids fail to overtake offers ..no follow-thru on last weeks news rip, again, bids having to gain news rips to get ascension

 
silver leads lower with xauusd being dragged behind bids fail to overtake offers ..no follow-thru on last weeks news rip, again, bids having to gain news rips to get ascension

Haven't been paying attention for a few weeks ……

We'd nearly be looking for a bottom bounce if it gets back to the $14ish mark do you think Joules

I just put a trawling buy in at $14.05 just in case the world ends tonight while I'm asleep
 
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