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wave 3??!!


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#571 dougie

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Posted 12 July 2017 - 09:35 PM

Because it is 57 pages long

and waves threes dont let folks get on board for 57 pages



#572 tradesurfer

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Posted 12 July 2017 - 10:26 PM

they are more likely to let people get on after 57 pages than 1 page



#573 gannman

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Posted 13 July 2017 - 08:45 AM

just to be clear gld at 120 says the next wave up has started until then i will watch 


feeling mellow with the yellow metal


#574 Smithy

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Posted 15 July 2017 - 09:58 AM

Señor, I'm curious, you think 3 of 3 of 3 has started?  I myself am not convinced.



#575 Smithy

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Posted 15 July 2017 - 10:44 AM

The gold COT commercials have reduced their short position dramatically, means they are expecting a further price rise they can short into; they are usually right.

 

Conversely the hedge funds have bet their shirts going short (23% increase in one week), and the comms love taking them to to cleaners.


Edited by Smithy, 15 July 2017 - 10:47 AM.


#576 senorBS

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Posted 17 July 2017 - 09:25 AM

Señor, I'm curious, you think 3 of 3 of 3 has started?  I myself am not convinced.

well the bullish count (if it plays out) IMO is that the July 10 low near HUI 177 ended a wave 2 from the FEB high, so "IF" bullish a wave 3 or C to new highs for the year is now underway from that July 10 bottom, the "set up" is there IMO, whether it plays out we will soon see, I am as long as I have been any time this yr at about 55%. Today could be an important day as we are at some resistance and I'd like to see today's early move up be SUSTAINED and EXTENDED, we see and as always DYODD

 

BSing away

 

Senor