575 replies to this topic

[gannman]

the dollar looks like 5 waves down from april 10 top i expect a rally here 

[dougie]

Edited by dougie, 02 July 2017 - 08:10 PM.

[dougie]

 

H&S bottom?

[dougie]

 

interesting place

[dougie]

 

New highs in store?

[dougie]

 

Trip to recent highs in store?

[gannman]

and based on the action i would say that a wave 3 never started everything we have seen has been corrective since aug 2016

 

now i think we are close to a bottom on the hui but it has to probe itself. until it can just through its 200 dma to the upside

 

and stay there and then accelerate away from it the correction continues

[dharma]

1229 is the beginning of a price cycle  1213 is the end of the previous price cycle 1198 is the death zone for the decline a slippery slope

seasonal charts 

spot

http://www.seasonalc...ssics_gold.html

futures

http://www.seasonalc...talle_gold.html

this chart reflects diwali buying. so 

diwali has not started and w/the uncertainty of gst  http://timesofindia....ow/59405364.cms

down to 1198  from 1220 i become a buyer. as the month progress'  . diwali buying is and has been a constant in the market  

wondering why the bombing run this am http://timesofindia....ow/59405364.cms

 uncertainty w/gst  tax and waiting for diwali , has put off buying . it will come in early august

dharma

[Smithy]

Dharma, do you have a view on the coming solar eclipse and gold?  (I know nothing about astro...)

[dharma]

it should be a reversal to up . here is merrimans take http://files.constan...fc361484bfd.pdf

dharma