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Message: Let's talk about the TRX/gold ratio on the monthly chart

Have you ever been to Normandy?

When the tide goes out you can no longer see the ocean at all. Thousands of people have thought that they could walk into the empty sand where the ocean used to be only to find that the tide comes back at the blink of an eye and swallows up those people.

The point is that somehting is about to change as far as the direction of TRX and it could be like the tides of Normandy where no one will be ready for it. The Bollinger bands on the TRX/CDNX ratio are creating a monster pinch at a very critical junction.

The answer to your question is that the lack of volume may give way to an avalanche of selling and then you'll be able to fill to your heart's content. Gold seems to be implying that it wants to go beyond 1650 on this leg up possibly all the way to 1700-1800. After that the expectation is that it would correct back down to 1500. If that is true I simply do not see how TRX can stay up.

Right now gold goes up TRX goes down. Gold goes down, TRX goes down.

You guys are suggestiing that somehow TRX will make a move to the upside when gold is nearing the end of its move up.

My impression is that all the ducks are not lined up as far as TRX goes. Permits are not in place. Equipment is not in place. Production is not in place. Most likely there is going to be a need for several more months to go by.

Even then those charts are downright ugly.

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