are you being hostile ?ok i will biteAlf Field's Gold EW charts and his views are posted on Sinclair's site.
Just read it.
Thanks for the heads up.
He's one of the best gold analysts I've seen out there.
What he's saying lines up closely to what my work tells me, which is good to hear.
his work appears to be diametrically opposed to yours. he is confirming sinclairs call for 1650 . and says the upmove should start soon. what i hear , and have heard you saying is 1275-1305.
dharma
No, what I've been wondering about is how deep this correction will get - and I posted above what I think. Almost every quarterly correction in gold gets down to either the 150- or 200-SMA. This one hasn't - but this correction precedes a parabolic move, and before parabolic moves gold can sometimes consolidate instead of having a normal correction, and that's what may be happening here (as reflected in my post above with the price levels I gave).
My view has been pretty consistent. Unlike many on this board, I was expecting the type of action we've had the past several weeks. Here's a post of mine from late November:
linkI'm looking for one last correction before the blowoff move begins into next year. It should begin soon...for now, I would look for a break below $1350 as a sign that it's getting underway.
Another one from early Dec:
linkPersonally, I think the miners look like they could use a breather here. Take a look at a chart of SLW and compare it to its 200-day MA, for example. If these things are going to go parabolic they need to get some rest because some of the miners already look parabolic. Also, I believe the parabolic top you speak of will not come in Feb. but rather closer to the Apr/May/Jun timeframe. I know the seasonal trend is for a top in Feb. and I know that gold is famous for tops in Feb., but I don't see it happening this time. One of the reasons is that I think it will need to move higher past Feb. to really bring the public in.
Another one from mid-December where I actually spell out my price target for the parabolic:
linkAs you know we're going to get a massive parabolic up leg in the first or second quarter of next year (I'm looking at Apr/May/Jun and I believe you're looking at Feb for that top) and things get dicey as volatility increases. I look for $1600+ minimally before the top there is made and the n00bs get taken to the woodshed.
That last post was even directly addressed to you. But, I guess some people can have a short memory. Those who don't know I always try to bring good stuff to this board - and I think I usually do.
dharma
No, I was just responding to your poorly conceived post.
As I said, it seems that some have a short memory.
cheers