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positive divergence of internals


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#31 AChartist

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Posted 16 May 2017 - 10:02 PM

the daily cycle improves with tonights futures,

 

could be 7 days with one down day in there, a bigger dip at 11-12 days and everything up

 

nicely with the weekly, I dont think it works to call the day but look for it in that timeframe

 

last week of month. I'll just stay long if very profitable in 6-7 days take off some margin for that

 

next short dip.


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#32 gannman

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Posted 16 May 2017 - 10:59 PM

i am thinking the really spectacular gains in this sector will come after the summer solstice.

 

i think probably everything has bottomed metals and stocks and we advance now 

 

but after june 21 watch out we hit a rocket ship taking us all the way into next year 2018 


feeling mellow with the yellow metal


#33 dougie

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Posted 17 May 2017 - 01:35 AM

i am thinking the really spectacular gains in this sector will come after the summer solstice.
 
i think probably everything has bottomed metals and stocks and we advance now 
 
but after june 21 watch out we hit a rocket ship taking us all the way into next year 2018


Why?

#34 AChartist

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Posted 17 May 2017 - 05:36 AM

epic day if this sticks


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#35 gismeu

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Posted 18 May 2017 - 09:33 AM

Daily Gold cycle is putting in a top today, or latest tomorrow,

 

Then we should have 3 to 5 days of sideways to down.

 

After that the uptrend should resume since weekly, monthly and yearly cycles are all in an up-trend.

 

Just my opinion, not trading advice, gis

Okay, we have at least a 'reaction' to a daily top. However, since weekly, monthly and yearly are in an uptrend, this daily top might not result in something substantial.

Will let you know when the daily formed a bottom. Right now the line in the sand for a sideways to down move is 1260.5 to 1262.5 Gold future. If we close above on

daily time frame, then it is off to the races.

 

not trading advice, gis


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#36 Russ

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Posted 18 May 2017 - 11:40 AM

 

Daily Gold cycle is putting in a top today, or latest tomorrow,

 

Then we should have 3 to 5 days of sideways to down.

 

After that the uptrend should resume since weekly, monthly and yearly cycles are all in an up-trend.

 

Just my opinion, not trading advice, gis

Okay, we have at least a 'reaction' to a daily top. However, since weekly, monthly and yearly are in an uptrend, this daily top might not result in something substantial.

Will let you know when the daily formed a bottom. Right now the line in the sand for a sideways to down move is 1260.5 to 1262.5 Gold future. If we close above on

daily time frame, then it is off to the races.

 

not trading advice, gis

 

That was a great prediction Gis, right on schedule the frenzy over Trump reached a peak with Gold,  thanks for your postings.

 

Russ


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#37 johngeorge

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Posted 18 May 2017 - 02:05 PM

gisemu

 

Let me add my congratulations for an awesome call.   Don't see those often.  Many thanks for sharing.  flowers.gif

 

Best to you. smile.png

 


Peace
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#38 gismeu

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Posted 18 May 2017 - 02:25 PM

Guys, come on!!!

 

One swallow does not make a summer.

 

Let's see how I will perform next!

 

gis


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#39 Russ

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Posted 18 May 2017 - 02:49 PM

Guys, come on!!!

 

One swallow does not make a summer.

 

Let's see how I will perform next!

 

gis

My oscillator is forecasting Xau to rally into late July, in case you did not see that post.  Russ


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



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#40 gismeu

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Posted 23 May 2017 - 09:45 AM

My oscillator is forecasting Xau to rally into late July, in case you did not see that post.  Russ

 

 

 

Hi Russ,

 

thanks for pointing out your blogspot site. There is so much to read on the internet ....

But I bookmarked it now.

 

I'd say, by and large, we agree on the outlook for Gold.

My daily cycle has not yet bottomed. Right now Gold would need to go down to the

1245 area for that to happen, but I doubt that it will.

The weekly, monthly and yearly cycles are probably pulling too much to the upside.

 

We need to break the 1262/63 area decisively to break out to the upside. Otherwise it will be more sideways

until the daily cycle, which is dynamic, not static gets to the current level.

 

gis

 

 

 

 

 

 

 

 

 

 


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