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wave 3?


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#391 dougie

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Posted Yesterday, 06:51 PM



#392 gannman

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Posted Today, 12:01 AM

look at gld daily nice chart there


feeling mellow with the yellow metal


#393 dharma

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Posted Today, 11:14 AM

we have had a couple of days of capitulation! at the same time, by the market action we can see accumulation taking place. this process , i expect to continue into the first few days of may, until the bradley

for the festival indian buying, which is finished now , was very strong this year.  chinese buying this year remains strong. https://gracelandupd...apr27china1.png

the 1261 support , so far is holding the decline in check

1245 is much bigger stronger support. 

trumps programs are not of the time and magnitude of reagans, i am not going to go into details. but the time is totally different as is the debt . trump will be fortunate to get anything of consequence passed and the magnitude will be much more insignificant
the action is part of the process. gold is being held in check, which i think will end very soon.

there is fear in the market. its shades of 13 w/the fundamental backdrop being much different

dharma



#394 gannman

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Posted Today, 11:35 AM

I think gld is going to have a very large rally starting over the next 3 0r 4 trading days
feeling mellow with the yellow metal


#395 gannman

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Posted Today, 02:47 PM

i will be a buyer if and when it trades above 122.7


feeling mellow with the yellow metal