54 replies to this topic

[Russ]

 

Eddie updated his gold chart (2nd chart), timing wise gold should start to rally any day now... 

Moderators: something is wrong with the chart posting for this software update, it keeps complaining about using the wrong extension.

 

http://www.seasonalc...LS-FUT/GOLD.GIF

 

 

 

http://stockcharts.c...r=1427150212137

Russ, as much as I liked this cycle before, it failed big time last June and so it may fail again.

Events in China and in India may suppress Gold for some time now.

The $6,190 per annum charging Indian Prophet Mahendra Sharma the Guru, prophesizes now that Gold won't bottom out untill 2023. Let us forget such probable nonsense however for now.

Gold has an inverted (bearish) mfi-T due to expire around 12/14.

Granted these Ts don't always work out but many times they do.

 

http://schrts.co/rhNb6W

Chart curtecy of Skip (greenmountaintrader) from the T-theory forum

 

Tria It looks like it had a cycle inversion last time, that does not mean the cycle is no good.   And yes Dharma the public will always look for someone to blame once the stuff hits the fan. Those that started the debts are long dead, now its just an out of control mess.

[SemiBizz]

From Today's Gold:

 

Well, we have been negative on gold now for a very long time, and we see no reason at all to relent in our approach. Gold fell to new lows on Friday, with an intraday low of 1051 and a new closing low of 1057. Now we gave a target of 1006 earlier by the Gold Gann turn due in the 12/2 timeframe +/- 2 days and we see no reason to alter those goals here in a time or price reference. We think gold has a lot to prove to the upside and we have given you the parameters on that recently and it is a close back over 1097.

 

[tria]

GDX still inside the small diamond that imo is being formed since 11/10 and just needs probably just a couple of days to complete.

We'll know soon enough which way it wishes to break. Continuation (bearish) or Bottom Reversal Diamond?

The lack of a volume throughout the pattern is an indication that this pattern may not be reliable however...

 

http://stockcharts.c...540&a=283591844

 

http://www.trending1...contdiaomnd.png

 

Gold in Euro terms, some damage control is being in effect since yesterday, too early to tell permanent or not.

Next three days are critical and probably Super Mario Draghi holds the key.

 

http://stockcharts.c...id=p68226557423

Edited by tria, 01 December 2015 - 06:36 AM.

[tria]

I noticed in the internet today, the semi-perma antigold bugs are getting more and more vociferous.

Interesting but where were they when Gold was $100 higher?

 

[SemiBizz]

If you are referring to this "semi" - my work is well-documented.

 

You can pull up my posts for the last 3 or 4 yrs.on this site.

 

Pretty much consistently BEARISH on gold.

 

We're getting closer, but we're still a long way from that flat ocean bottom I described years ago here that I believe is coming for gold.

[tria]

If you are referring to this "semi" - my work is well-documented.

 

You can pull up my posts for the last 3 or 4 yrs.on this site.

 

Pretty much consistently BEARISH on gold.

 

We're getting closer, but we're still a long way from that flat ocean bottom I described years ago here that I believe is coming for gold.

Obviously I was not referring to you Semi.

You are a mild, well mannered, well documented part time bear and correctly so.

I myself have been a semi-bear in many occasions in the past.

 

I read a lot of opinions and in other sites as well and noticed today what I said.

The semi-perma bear term was meant to differentiate from an always-perma bear.

One can be a perma-bull for ever since the sky is the limit, but not a perma bear since if the price drops to zero, it can not fall any more.

Hope I am clear since English is not my first language.

For me semi=partial

 

-tria

[tria]

http://stockcharts.c...id=p31660469707

 

-just testing the new way of posting Stockcharts images-

 

Edited by tria, 01 December 2015 - 10:44 AM.

[tria]

-just testing the new way of posting Stockcharts images-

 

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Edited by tria, 01 December 2015 - 10:47 AM.

[tria]

http://stockcharts.c...id=p31660469707

 

-just testing the new way of posting Stockcharts images-

 

 

 

[DRYALLS]

http://stockcharts.c...id=p31660469707

 

-just testing the new way of posting Stockcharts images-

 

 

 

-just testing the new way of posting Stockcharts images-

 

" alt="">

 

 

http://stockcharts.c...id=p31660469707

 

-just testing the new way of posting Stockcharts images-

 

 

 

 

Those are all links to the whole Stockcharts page rather than the image itself. So...

 

1. Visit the Stockcharts page
2. Right click on the image
3. Copy the Image URL
4. Come back to the board here
5. Start a post
6. Click the Stockcharts icon on the editor
7. Paste the image URL
8. Done

Like So (for your final test)