gld seems to be doing an abc wave iv with a wave v to come to take it up to about 129 imo
gdx is just not clear to me have to watch it to see what is going on
gld and the gdx
Started by
gannman
, Feb 22 2016 09:09 PM
2 replies to this topic
#1
gannman
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Posted 22 February 2016 - 09:09 PM
feeling mellow with the yellow metal
#2
gannman
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- Traders-Talk User
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Posted 22 February 2016 - 09:11 PM
its possible gdx is already in a wave v up as gld usually lags behind the miners. we will see tomorrow . if i see 21 in gdx i am selling some stuff
feeling mellow with the yellow metal
#3
AChartist
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- Traders-Talk User
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Tim
Posted 23 February 2016 - 07:43 PM
I'm ready to put in a shorter term more temporary buy in bitgold.
It looks that stocks peak Mar 4 but do not decline until Mar 10.
A stock minicrash to end of Mar could put in the $gold 5, 41, and 86 week combined
peaks in 4-5 weeks.
I am going to sell a bit of stock Mar 4 and buy again end of Mar, and just keep my gold
but spend some profit out of bitgold card.
The end of May gold buy is going to be a good one.
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
