15 replies to this topic

[senorBS]

 

well as I wrote in the other thread we may have a 5 up daily complete in GDX/XAU/HUI basis daily close only and bar charts. IMO it adds to the bullish evidence but me now may need to correct that 5-wave move. 

 

Senor

Gracias to you and everyone else. I'm still loaded. As long as gold stays above $1200 I'm long. Miners will sort it out.

 

good for U! Honestly except for a few here doesn't seem like may folks are long and if they are they are is smallish positions like me. And in looking at a lot of the well regarded gold timers like Hadik and others they seen neutral or negative as well. I don't see huge bearishness just pretty much total apathy which is a nice potential bullish ingredient as well. we see

 

Senor

[AChartist]

This is the weekly $gold chart

 

there is a 4 week low cycle next maybe the only pullback with luck.

 

I opened a Monex account today for another method that keeps it in storage, supplies a deed, has margin, custodian is brinks.

 

I wanted to stock up more silver.

 

 

http://rs1129.pbsrc....&h=210&fit=crop

[AChartist]

that chart was too small here is another copy maybe better

 

 

http://i1129.photobu...zpszyx0cnyt.png

[AChartist]

putting the futures price into weekly cycle calc,

 

this week should be up then some pause but up for 5 weeks. As of now is a line on close breakout.

 

There is one small dip after 5 weeks and then the patented tear to that ~30 week place but it could be 40 weeks out.

 

I will sell the calls this week, buy again next week, then bigger in the next dip 6-7 weeks out.

 

This could always get away with the higher faster cycle too but for now maybe just the 1300 resistance in 5 weeks,  dip

 

in one time and tear, would be the slower path. By early or mid May should be starting the face ripping tear part.

[AChartist]

gold coins and bars are fairly expensive premium, a good sign but the point

 

is I doubt they are ever lower again than right now.

[AChartist]

Weeee

 

just got one ounce booked before that happened