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The unfolding upmove in gold

Started by Smithy , Oct 14 2018 07:10 PM

gold charting techincal analysis gold bull market

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#131 Smithy

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Posted 04 March 2019 - 08:06 AM

#132 hhh

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Posted 04 March 2019 - 09:01 AM

What kind of wave is that? If it's a 2, it goes below 1 on its 3rd subwave so can't be right.

#133 Smithy

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Posted 04 March 2019 - 10:18 AM

Wells Wilder Reverse Point Wave (RPW) aka megaphone. Not EW.

#134 hhh

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Posted 04 March 2019 - 10:20 AM

Ha, thanks, that explains it. Makes sense now. Once it reverses at 5 and clears 3, its target is around 4 or something?

#135 Smithy

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Posted 04 March 2019 - 03:04 PM

I made beer money out of the pattern but I don't think it is the intermediate low I'm looking for so I'm back on the sidelines.

#136 Smithy

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Posted 07 March 2019 - 07:10 PM

New closing high for USD; no relief in sight for gold.

#137 hhh

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Posted 07 March 2019 - 09:17 PM

Gold can go up with the dollar, like tonight.

#138 Smithy

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Posted 08 March 2019 - 09:06 AM

Comme ça.

#139 Smithy

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Posted 09 March 2019 - 09:19 AM

The divergence here argues that the correction in gold might be over.

#140 Smithy

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Posted 09 March 2019 - 04:03 PM

Stewart Thomson Tues March 5th

https://www.gold-eag...isurely-uptrend

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