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some sort of a rally should start in the gold stocks this week i believe


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#11 AK2

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Posted 16 September 2018 - 05:53 PM

gannman, I agree but realize that 5th waves in the metals are oftentimes extended.  That low may be lower than most think.

 

Looking at stubaby's chart, an extended 5th wave will take HUI below 95.  Brace yourselves...


Edited by AK2, 16 September 2018 - 05:55 PM.


#12 AK2

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Posted 16 September 2018 - 05:58 PM

i think we ended wave iii of primary wave 2 correction today stu fwiw

 

and we are headed up in a wave iv of wave 2. also gold itself seems 

 

to be holding in the 1190 area we will see no rush here to do anything

correlates to my forecasted decline in equities

SPX down to 2862 and possibly lower



#13 gannman

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Posted 24 September 2018 - 08:41 AM

Things are doing just fine I expect a bottom in a month or so
feeling mellow with the yellow metal


#14 senorBS

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Posted 24 September 2018 - 09:44 AM

Things are doing just fine I expect a bottom in a month or so

Can't rule out another leg down after this but I think odds at least 50/50 final lows are in place FWIW

 

Senor



#15 gannman

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Posted 24 September 2018 - 09:56 AM

That would be great
feeling mellow with the yellow metal


#16 dougie

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Posted 24 September 2018 - 11:31 AM

the divergence between the miners and the broad market mean anything?



#17 gannman

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Posted 27 September 2018 - 11:13 PM

gdx closing above 23.5 would get me interested 

 

until that happens i will watch 


feeling mellow with the yellow metal


#18 gannman

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Posted 03 October 2018 - 09:03 PM

oct 6 oct 7 is a time frame for a change in trend for gdx imo


feeling mellow with the yellow metal


#19 gannman

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Posted 03 October 2018 - 10:20 PM

and this bounce since sep 11 in gdx has been a wave iv imo that is pretty clear

 

at what degree i am not sure . if primary wave 2 is finishing here we should 

 

take off very strongly. big if 


feeling mellow with the yellow metal


#20 gannman

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Posted 07 October 2018 - 04:59 AM

i think we are heading for another pullback in gdx and then possibly that is it.

 

gdx breaking and closing above 23.5 would imply a new impulse wave has begun


feeling mellow with the yellow metal