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emerging wave 3


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#201 gannman

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Posted 22 January 2018 - 04:14 PM

did that end the correction ? i dont know seems very shallow but could be we will know soon


feeling mellow with the yellow metal


#202 dharma

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Posted 23 January 2018 - 11:43 AM

well the disaster du jour is pvg- they were punished for at least meeting their production, but they did not sell part of their production and are being punished for it 

in retrospect , this will be seen as an opportunity. 

if that was the whole correction to a 100 advance, that would be a huge market statement  the largest gold buyers among the europeans are the germans https://www.reuters....s-idUSKBN1ES10A

this from a very large european bank

https://www.scrapreg...highs-this-year

here is an interview w/rob martin   head of world gold council

dharma

disappointed w/trumps action to raise tariffs on solar panels by 30%  this will slow down the growth of this green industry!



#203 gannman

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Posted 23 January 2018 - 03:43 PM

i like rgld here there is risk when the earnings come out but the technicals like time segmented volume and macd look good to me


feeling mellow with the yellow metal


#204 gannman

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Posted 23 January 2018 - 06:07 PM

and today was a real nice day for usm's


feeling mellow with the yellow metal


#205 dougie

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Posted 23 January 2018 - 10:47 PM

interesting area; short or lo[ng?



#206 Smithy

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Posted 23 January 2018 - 11:17 PM

Finally caught up my COT data. Surprisingly unresponsive to the bull run in gold, lots of upside potential. No buy or sell signals.

 

 



#207 senorBS

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Posted 24 January 2018 - 08:12 AM

3 of 3 underay? I like the chances. Also didn't I read somewhere that Hadik exited? could have been a final "shake the tree" before wave three event

 

NO BS

 

Senor


Edited by senorBS, 24 January 2018 - 08:20 AM.


#208 gannman

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Posted 24 January 2018 - 09:19 AM

The nice thing about wave theory is if you believed a wave started Dec 12 there is absolutely no reason to sell now is the time to sit
feeling mellow with the yellow metal


#209 senorBS

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Posted 24 January 2018 - 09:43 AM

The nice thing about wave theory is if you believed a wave started Dec 12 there is absolutely no reason to sell now is the time to sit

yep, yep, yep



#210 tradesurfer

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Posted 24 January 2018 - 11:31 AM

monthly MACD starting to curl up on GDX similar to the 2016 time period... me thinks we got a 6 to 12 month rally on ours hands   HOLD HOLD


Edited by tradesurfer, 24 January 2018 - 11:31 AM.