OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Massive last hour rally in the SM

Posted by Buygold @ 16:13 on March 6, 2020  

On the other hand gold came back from being down $30 to closing flat which pretty much never happens.

HUI got as low as 231 but closed at 240. I think we’re doing OK.

I wish we’d go straight up but this is going to be a bull that tries to buck anyone holding out of their positions, so I guess if we trade we better be nimble, but I do think buying the dips is the right play. Maybe I’m full of shit. I’m wrong a lot.

COT’s are interesting but really only in silver, I would’ve thought there was going to be more action in gold. maybe next week.

https://cftc.gov/dea/futures/deacmxlf.htm

Ten yr. closed @ .76% not exactly a big selloff in bonds to match the SM rally into the close.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.