and were in a wave 4 on the hui with a wave 5 to come fwiw
a better count is that wave 3 finished here today
Started by
gannman
, Jul 10 2014 02:51 PM
4 replies to this topic
#1
gannman
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Posted 10 July 2014 - 02:51 PM
feeling mellow with the yellow metal
#2
goldfungus
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Posted 10 July 2014 - 05:20 PM
and were in a wave 4 on the hui with a wave 5 to come fwiw
Where are you looking to buy? Do you have and HUI # in mind? Thanks.
#3
gannman
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Posted 10 July 2014 - 06:24 PM
i want to watch it. this thing has been straight up for over a month. i think it takes to take tomorrow and possibly all of next week to work off the overbought condition. so sometime late next week if i like the look of it i will be buying we advanced 50 points off the low on june 3. so somewhere around 17 18 points off of the top would be reasonable no putting it around 234. it needs some time to just chop around and work off the overbought condition imo late next week sounds good to me
feeling mellow with the yellow metal
#4
gannman
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Posted 10 July 2014 - 06:40 PM
one other thing if the count i have is right ( how could it ever be wrong ha ha ) the hui projects to the mid 270's. so lets say we bottom late next week sometime we could rally in a final wave 5 to late july early august. then i would suspect a larger pullback would develop as this thing will by that time frame have been rallying for about 2 months. just have to see how this develops all counts are always written in sand ha ha. and where the heck did senor and dhrarma go what the heck they just dissapeared ha ha
feeling mellow with the yellow metal
#5
risk_management
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Posted 10 July 2014 - 07:29 PM
It looks to me that dollar is about to gain some strength and throw a wrench into this party. At least temporarily.
