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bottoming action for the start of a big rally


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#551 dharma

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Posted 26 October 2018 - 10:00 PM

hadik

oct 26 top for the dollar

oct 29 begins acceleration of up phase for gold

lasting into november

dharma



#552 Smithy

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Posted 27 October 2018 - 10:20 AM

Thanks.



#553 Russ

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Posted 31 October 2018 - 07:25 AM

hadik

oct 26 top for the dollar

oct 29 begins acceleration of up phase for gold

lasting into november

dharma

Cycle inversion perhaps? now that the market is clearly in a downtrend.  


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#554 dharma

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Posted 31 October 2018 - 10:41 AM

the election is the focus. and it can in the short term distort things

the gold market waters are murky. just a time to wait it out

it would not surprise me in the least to see the republicans maintain the house and senate

and have  aspectacular B wave making new highs on narrow breadth

dharma 



#555 Russ

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Posted 31 October 2018 - 03:21 PM

the election is the focus. and it can in the short term distort things

the gold market waters are murky. just a time to wait it out

it would not surprise me in the least to see the republicans maintain the house and senate

and have  aspectacular B wave making new highs on narrow breadth

dharma 

Are you saying you think gold can still go higher than the recent top?  Dust looks like it ready to break down.... 


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#556 dougie

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Posted 31 October 2018 - 04:06 PM

really interesting action. so many headfakes being made here



#557 Russ

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Posted 01 November 2018 - 07:10 AM

really interesting action. so many headfakes being made here

Yes, looks like Eric Hadik may end up being right, Brexit deal is being reached and Euro looks like a double bottom, dollar putting in top and gold reversing. 


Edited by Russ, 01 November 2018 - 07:10 AM.

"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#558 jabat

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Posted 01 November 2018 - 10:27 AM

Chart by Highlander

xauusd1101182.png

 



#559 jabat

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Posted 01 November 2018 - 03:42 PM

us-dollar-possible-short-term-double-top


#560 dharma

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Posted 01 November 2018 - 03:49 PM

i think yesterday finished ii and we are in 3 here. if so then the long 8yr wait from the 11 highs is nearing completion

hadiks count is still a real possibility.  its what being a speculator is about. ie managing risk

my preference is 16 was 1 since 2 and we have begun 3 here. w/a i up and ii perhaps being complete. and starting 3 here

we see. miners blood running in the streets . many at lower prices than when gold was 700. years of 0rates and deflation will do that

i believe tariffs, rising rates , and qt will begin a cycle of inflation

dharma

that and the bus fare will get you on the bus

 

some of the juniors have issued a huge amount of shares. w/a share structure as such making them less desirable 

it takes a bit of dd. also huge is a red flag. they will have to come to the table hat in hand to raise funds. diluting your shares

there are well financed prospects out there w/reasonable share structures. 


Edited by dharma, 01 November 2018 - 03:52 PM.