Comments on: Stock Market & Gold Analysis 12-4-20

By: Rekar

Rekar — Fri, 04 Dec 2020 20:52:42 +0000

The two reasons I have been holding back on gold is that rates appear to be rising and it’s positive correlation to the dollar.

By: luvybb

luvybb — Fri, 04 Dec 2020 20:19:32 +0000

Randy, If can, pls take a look at Bitcoin and give us a update. thanks!

By: becky

becky — Fri, 04 Dec 2020 20:14:42 +0000

In reply to dbaldor. Not really. Only what Randy shares with us sometimes.

By: dbaldor

dbaldor — Fri, 04 Dec 2020 20:09:34 +0000

In reply to becky. Do you follow copper prices too?

By: becky

becky — Fri, 04 Dec 2020 19:40:58 +0000

Well interesting stuff going on. Today Platinum ($PL) had impulsive gap above previous highs pre-COVID drop. Stockcharts chart should print the next candle today at EOD. Platinum futures ($PL) trade at 1073 right now (about 3% up) on my brokerage.

$PLG (abysmal penny stock) went up about 30% today. Past days volume spikes were significant, 2.5M to 5M shares or more. There hasn’t been that much volume in that stock like ever.

Maybe platinum among other commodities is warming up for a bull run after years of basing & that should give a nice boost to $PLG and possibly take it back up after years of being in a bear market?

Also: MBII insane volume (750k) and a break out.

By: cbarwick

cbarwick — Fri, 04 Dec 2020 17:46:33 +0000

Randy, I recently changed brokerage platforms, could you please direct me to videos where you explain the chart set ups as far as time frames, RSI, and PPO. What else can used to make my charts look like yours if they do not offer PPO. Thanks