6 replies to this topic

[Russ]

the big gap from early 2016 has also been closed.  Could this be a giant inverse h&s forming?  Doug Casey is also looking for the rally towards 5k gold to start in the beginning of January 2017.

 

Edited by Russ, 23 December 2016 - 01:04 PM.

[AChartist]

I bought a few nugt calls on Friday, just a few hundred dollars, sacrificial probably.

 

meanwhile

 

bitcoin is the global standard, now largest global market cap currency.

 

I was considering selling some at $1200 within a week if it happens no technical reason to sell it now.

 

I wouldnt put much stock in the cycles yet not enough history, it is at a cycle peak right now and can peak and

 

then settle lower coming up in a week or so.

 

 

https://dollarvigila...-countries.html

[dougie]

A wave2 low it's certainly a possibility

[Russ]

I am getting indications on the GLD chart that there will be a rally into Feb/March, so that would mean the original XAU chart from last summer that predicted a Nov low could still be correct even though the low didn't form until about 3 weeks later. Oscillator can be off by a few weeks sometimes. This would invalidate the GDX projection for further lows in Feb/march.

 

Also look at the diverging money flow and the uptrend on the cci on this chart.... 

 

 

 

 

[AChartist]

the btc fell into previous degree iv range, if this swings a new high it could be early with at least

 

one more 4-5 combination and another high.

[AChartist]

epic elliot stuff. I want to research more methods but roughly for an idea I calculated some EW targets

 

and can see $1,333,000. If what I think happens I may have to resolve to never sell.

 

Or call obomber at 1-800-lucifer for the globalist "opinion".

[Russ]

epic elliot stuff. I want to research more methods but roughly for an idea I calculated some EW targets

 

and can see $1,333,000. If what I think happens I may have to resolve to never sell.

 

Or call obomber at 1-800-lucifer for the globalist "opinion".

 1333 gold would be great.  1800 lucifer.. lol   lucifer was originally the planet Venus, the early morning light bringer as in Lucent, who dared to challenge the Sun God. Saturn became Satan and Moon worshipers were also demonized. Now we can celebrate the birth of Jesus today which is really celebrating the pagan festival of the return of the Sun.