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emerging wave 3


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#391 Smithy

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Posted 14 February 2018 - 08:22 PM

Senor, you have the spot gold peak on 1/24 at $1366 as a B wave peak and the orthodox high at 1345 10 days earlier around 15th?

TIA...



#392 senorBS

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Posted 14 February 2018 - 08:48 PM

Senor, you have the spot gold peak on 1/24 at $1366 as a B wave peak and the orthodox high at 1345 10 days earlier around 15th?

TIA...

not really, possible but IMO decline from high looked corrective

 

Senor



#393 senorBS

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Posted 14 February 2018 - 09:19 PM

Senor, you have the spot gold peak on 1/24 at $1366 as a B wave peak and the orthodox high at 1345 10 days earlier around 15th?

TIA...

I thought those were to 4/5's into the 1366 peak and if it was a B the decline was not all a 5 of C of an irregular, so for me the "orthodox" high was 1266

 

Senor



#394 johngeorge

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Posted 14 February 2018 - 09:58 PM

From Stewart Thomson Feb 13, 2018 Link:  http://www.321gold.c...n_s_021318.html


Peace
johngeorge

#395 gannman

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Posted 15 February 2018 - 01:56 AM

wow john if there was even anything that hinted at a bond market default we would have chaos

 

imo . total absolute chaos .


feeling mellow with the yellow metal


#396 johngeorge

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Posted 15 February 2018 - 04:57 AM

wow john if there was even anything that hinted at a bond market default we would have chaos

 

imo . total absolute chaos .

 

gannman

 

Yes, more than enough chaos to go around.  That is one good reason to own some physical. 


Peace
johngeorge

#397 dharma

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Posted 15 February 2018 - 10:32 AM

using the 70s fractal,  we are coming to a time where acceleration of  price will take place. not yet but very soon. of course this is open to interpretation.  i do think volatility for the sector.   will get > as the price increases   gdx at some point will cross into triple digits.   taking this one step at a time. watching the dollar chart    and interest rates. normally when rates go up the dollar strengthens . not so  now

dharma

china now closed for a week!


Edited by dharma, 15 February 2018 - 10:41 AM.


#398 gannman

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Posted 15 February 2018 - 11:09 AM

Fwiw I think the rally was a wave iv we should head down into a bottom

Coming out of the bottom I need gdxj to trade above 37 to convince me

The correction is over
feeling mellow with the yellow metal


#399 senorBS

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Posted 15 February 2018 - 11:15 AM

Fwiw I think the rally was a wave iv we should head down into a bottom

Coming out of the bottom I need gdxj to trade above 37 to convince me

The correction is over

iv in what ? in some miners perhaps but its hard to call this a iv in gold given the huge rally off the 1306 low.

 

Senor



#400 Smithy

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Posted 15 February 2018 - 12:11 PM

Deleted


Edited by Smithy, 15 February 2018 - 12:13 PM.