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correction over? or wave 3underway


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#141 swanstkdh

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Posted 03 January 2017 - 02:23 PM

Four actually.



#142 denmo83

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Posted 03 January 2017 - 02:28 PM

Four actually.

Take a number (LOL), I'm 4.



#143 swanstkdh

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Posted 03 January 2017 - 02:57 PM

OK. 5 it is. 



#144 dharma

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Posted 04 January 2017 - 11:20 AM

the key here is obviously to put in 5 waves up , then gann said the higher lower is the best place to buy. so i wait for that to
occur in no hurry the market will do what it does
all the comparisons of reagan to trump are a little deceiving . trump is inheriting a huge ball and chain. in the form of a debt
that is over 100 gdp. while i think trump has the right ideas to improve the situation. the 10trillion in new debt created in the
last 8 years is a heavy burden.
17 the fractal for the 40 yr cycle is 77 which was a much better year than 76 was for gold .
one day the light will go on and folks will realize what the world is up against debt has gotten way out of hand
the banksters will stop the beatings. at some point and be huge longs in the market. it was the case into the parabolic in 80 in
the meantime greed needs to be controlled
in 16 armstrong missed the whole gold rally and so far he has not bought here
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#145 dougie

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Posted 04 January 2017 - 12:46 PM

Funny the beautiful channel Dust is in since its lows last year. Now threatening to fail the lowerline....
Fake out?

#146 senorBS

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Posted 04 January 2017 - 12:51 PM

Funny the beautiful channel Dust is in since its lows last year. Now threatening to fail the lowerline....
Fake out?

what do YOU think Dougie, you bullish yet? are you long? short? all in cash?

 

Senor



#147 Rogerdodger

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Posted 04 January 2017 - 01:24 PM

Good call so far Senor!

 

NUGT is just under a  downtrend line from August, now close to intersecting the daily 50ma.

$GOLD however is well below a similar line.

 

The ballet dancer will often crouch down before jumping the creek.
 

 

Commodity analysts at iiTrader said that they see gold’s push higher as a reaction to the oversold conditions seen at the end of 2016.

“Major three-star resistance comes in at $1,172.8-1,175.5 and a close above here is needed to work to neutralize the recent downtrend,” they said in a recent report.

t24_gold_en_usoz_home_262_130.gif


Edited by Rogerdodger, 04 January 2017 - 01:30 PM.


#148 senorBS

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Posted 04 January 2017 - 01:40 PM

Good call so far Senor!

 

NUGT is just under a  downtrend line from August, now close to intersecting the daily 50ma.

$GOLD however is well below a similar line.

 

The ballet dancer will often crouch down before jumping the creek.
 

 

Commodity analysts at iiTrader said that they see gold’s push higher as a reaction to the oversold conditions seen at the end of 2016.

“Major three-star resistance comes in at $1,172.8-1,175.5 and a close above here is needed to work to neutralize the recent downtrend,” they said in a recent report.

t24_gold_en_usoz_home_262_130.gif

yeah, would not be surprised with a pullback the next few daze, would likely look to add if we get it

 

Senor



#149 dharma

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Posted 04 January 2017 - 02:28 PM

commercials very long the yen here
usually a good sign for gold
dharma

#150 dougie

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Posted 04 January 2017 - 04:44 PM

Interesting divergences in USD YEN ratio