dharma, Hadik expressed any further views on gold? To my knowledge he has only said, "up in the 4th qtr".
bottoming action for the start of a big rally
#421
Posted 08 September 2018 - 05:29 PM
#422
Posted 08 September 2018 - 05:53 PM
hadik excerpt sept 5 2018 weekly relay
#423
Posted 08 September 2018 - 08:43 PM
Thanks, dharma, you're a stud.
#424
Posted 09 September 2018 - 01:10 PM
As of today Sunday Sept 9th there are various signs that we are somewhere near a low (COT, ETF gold inventories etc) but nothing tells me that low is likely this week. I'd like to see spot gold get above 1212 - 1215, and then Hadik's 1220 (spot) before considering a chance of a tradable low. Gold closing Friday below 1200 spot is bearish.
#425
Posted 10 September 2018 - 11:21 AM
when i 1st started in 78 @ some point that summer the commercials went net long gold. it is an extremely rare occasion for the commercials to be net long gold/silver
the large specs are extremely short. when this market turns the rush for the exits will be breath taking https://www.clivemau...cle.php?id=4748
as of right now . i am still waiting for 5of C . the fed meets the 26th . seasonal changes were always important for gann. and considering sept/oct are when crashes occur in the broad market has me w/my hands in my pockets.
the set up is there a high volume up day will occur @ some point
dharma
patience is a big part of this game
#426
Posted 11 September 2018 - 10:37 AM
buying physical is a significant act. http://www.graceland-updates.com/images/stories/18sep/2018sep11india1.png
lets see if they bought any in august?
the low approaches
dharma
#427
Posted 12 September 2018 - 11:07 AM
yesterday could have finished wave 3 of C or it could have finished all of C. i am leaning to it being the end of 3 . now we bounce. in 98-02 the commercials were long several times before the decisive breakout occurred. i find it interesting that europe buys 5% of its oil from the usa , yet it pays for 80% of its oil imports in dollars. juncker now wants to move away from dollar hegemony. the last guys that called for this were hussein and ghadafi. hopefully juncker fares better than they did
25options expiration in gold
26 fed meeting
i want to see how the commercials are positioned going into that meeting. the rise in rates on the 26th seems assured.
dharma
#428
Posted 12 September 2018 - 11:35 AM
Thanks dharma, always appreciate your posts.
Senor?
#429
Posted 12 September 2018 - 04:07 PM
#430
Posted 12 September 2018 - 05:29 PM
That could be one monster cup and handle.