31 replies to this topic

[gannman]

put it lie this the final wave down started around may 11

 

we are in subwave iii of the final wave down imo 

 

we probably bottom sometime towards the end of

 

next week 

 

just my take 

[robo]

put it lie this the final wave down started around may 11

 

we are in subwave iii of the final wave down imo 

 

we probably bottom sometime towards the end of

 

next week 

 

just my take 

My take is based on cycle and sentiment data - We are very close to a bounce that should get us back to the 1300ish area....  After that, we shall see!

 

Edited by robo, 28 June 2018 - 09:58 PM.

[robo]

[gannman]

thanks robo if we havent bottomed we are close i picked up some stuff today looking to add on strength

[gannman]

if we can have a true breakout here guys i have a target on gdxj 

 

of at least 72. i need to see gdxj above 37 to put that target n play 

[robo]

 

 

if we can have a true breakout here guys i have a target on gdxj 

 

of at least 72. i need to see gdxj above 37 to put that target n play 

 

Edited by robo, 30 June 2018 - 11:17 AM.

[robo]

$51.04....

 

Edited by robo, 30 June 2018 - 11:33 AM.

[robo]

Watching and waiting on the dollar.....

Edited by robo, 30 June 2018 - 11:50 AM.

[Ty4miners]

Nice charts Robo...GDXJ should be up quite nicely by August....at least I hope.

 

But, this July Gold's ICL timing is looking a lot like last year.  And to add more concern, silver is back under 16 bucks again.  Unless something changes here and GDXJ breaks out of the 30's and above before August is over, I am afraid gold may very well disappoint around September 7th, 2018.

 

You are mostly day-trader I believe and surely can understand why...anyways...Nice possible rally into August, but it still looks like another year of repeating patterns which tend to end with more disappointment than excitement.  

 

Already seeing articles with how spectacular the month of September will be!!!  Most likely, I will begin selling my MT positions during late part of August.

 

Good trading  

Edited by Ty4miners, 02 July 2018 - 08:08 PM.

[robo]

Nice charts Robo...GDXJ should be up quite nicely by August....at least I hope.

 

But, this July Gold's ICL timing is looking a lot like last year.  And to add more concern, silver is back under 16 bucks again.  Unless something changes here and GDXJ breaks out of the 30's and above before August is over, I am afraid gold may very well disappoint around September 7th, 2018.

 

You are mostly day-trader I believe and surely can understand why...anyways...Nice possible rally into August, but it still looks like another year of repeating patterns which tend to end with more disappointment than excitement.  

 

Already seeing articles with how spectacular the month of September will be!!!  Most likely, I will begin selling my MT positions during late part of August.

 

Good trading  

This is a very tough sector to trade Brother. I'll be watching to see how this plays out...