Post by
tmp251000 on Apr 07, 2024 10:55am
monthly chart
L&L ...here is monthly chart from1997 to date........ we have been in a steady down trend since1999 ............the downtrend was challenged in 2005 .. 2011 and 2015 and it is being challenged now
https://www.tradingview.com/x/P7CfgzeJ/
blow up of 2009 to dec 2011 also shows 2015 challenge:
https://www.tradingview.com/x/Poitzeah/
blow up of current price please note that SP closing above 34 cents for a month or two would put us into an uptrending market... all of the structure above price is resistance
https://www.tradingview.com/x/mOswCRvh/
just reading the tea leaves........GLTA
Comment by
tmp251000 on Apr 07, 2024 11:03am
the challenge in 2015 was not strong enough to change color of purple band if price starts to close above 12 cents on monthly basiswe will have jumped ist lines of resistance and start to punch into the red band of resistance which tops out at 25 cents.....the super cycle band is at 33.5 cents currently
Comment by
tmp251000 on Apr 07, 2024 11:07am
same chart on weekly basis......the super cycle line is at 10.5 cents .........fingers crossed we are breaking out.... :-)
Comment by
ListenandLearn on Apr 07, 2024 12:22pm
We will easily blow past 10.5 cents if we ever get licensing news.
Comment by
DoYourOwnDiggin on Apr 07, 2024 4:28pm
IF is a key word here. At this rate we'll be celebrating the next step which is the Elaborate completion at Pborje in 2042.
Comment by
tmp251000 on Apr 07, 2024 3:18pm
sorry here is weekly chart https://www.tradingview.com/x/vsSPkcAi/