22 replies to this topic

[dharma]

after perusing the charts this weekend
gold appears to be in a triangle
xau/hui may have had a 5 wave down move followed by a 3 wave up move. if that is the case then the july lows on the gold stocks should be taken out. its why i am a long term investor. in the short term things get confusing. in my trading account i cut my positions to one on thursday and i am waiting to add.
dharma

Agree on xau/hui conco down, silver has same cinco down, so IMO gold triangle is a "hook" and it's not going up, we will see.

BSing away

Senor

imho, this week , by the 20th will be all she wrote for this correction. dharma

[dougie]

sure wish i could see those 5 waves down

[senorBS]

sure wish i could see those 5 waves down

not that hard

Senor