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The unfolding upmove in gold

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#31 Smithy

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Posted 14 November 2018 - 11:25 AM

Weds morning 11/14 went to 25% long around spot 1200



#32 Smithy

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Posted 14 November 2018 - 12:10 PM

Eric Hadik has publicly stated he anticipates a "C" wave rally in gold over the next year or two. That implies another down move and further lows. I asked him what year he might expect a final lower low and he said he "doesn't hold any particular conviction about future lows in gold".



#33 dharma

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Posted 18 November 2018 - 10:15 PM

hadik

https://www.howestre...-market-cycles/

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#34 Smithy

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Posted 19 November 2018 - 04:44 PM

Thanks Dharma, nothing on gold really.

 

As of Monday afternoon 19th, I need spot gold to get over 1225 fairly soon or I'll pull the plug on my longs.  Curr. 1223



#35 Smithy

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Posted 20 November 2018 - 11:51 AM

Today, Tuesday morning, spot gold  at1223, a reasonable count for GDX would infer a 3 of 3 up move directly ahead, based on a count from the 9/11 low. If it's a bull market gold needs to start performing.



#36 senorBS

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Posted 20 November 2018 - 12:13 PM

Today, Tuesday morning, spot gold  at1223, a reasonable count for GDX would infer a 3 of 3 up move directly ahead, based on a count from the 9/11 low. If it's a bull market gold needs to start performing.

My bull count is 1/2 and now a smaller I/ii off this mornings lows in stuff like GDX/HUI/XAU, no excuses here IMO, I will sell at least half my longs if we get near todays lows in the stuff I just mentioned, Bueno trade IMO with a fairly tight stop, critical session IMO

 

Senor



#37 senorBS

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Posted 20 November 2018 - 06:57 PM

 

Today, Tuesday morning, spot gold  at1223, a reasonable count for GDX would infer a 3 of 3 up move directly ahead, based on a count from the 9/11 low. If it's a bull market gold needs to start performing.

My bull count is 1/2 and now a smaller I/ii off this mornings lows in stuff like GDX/HUI/XAU, no excuses here IMO, I will sell at least half my longs if we get near todays lows in the stuff I just mentioned, Bueno trade IMO with a fairly tight stop, critical session IMO

 

Senor

 

 

Held where it had to so far, mama never said it was going to be easyyes.gif

 

Senor



#38 Russ

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Posted 20 November 2018 - 08:27 PM

 

 

Today, Tuesday morning, spot gold  at1223, a reasonable count for GDX would infer a 3 of 3 up move directly ahead, based on a count from the 9/11 low. If it's a bull market gold needs to start performing.

My bull count is 1/2 and now a smaller I/ii off this mornings lows in stuff like GDX/HUI/XAU, no excuses here IMO, I will sell at least half my longs if we get near todays lows in the stuff I just mentioned, Bueno trade IMO with a fairly tight stop, critical session IMO

 

Senor

 

 

Held where it had to so far, mama never said it was going to be easyyes.gif

 

Senor

 

as I showed on another post, there is another trend on the gdx chart for low around dec. 7, this trend is not that well confirmed but it is there. gold should get some traction pretty soon i think. 


"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



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#39 dougie

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Posted 21 November 2018 - 12:53 AM

 

 

Today, Tuesday morning, spot gold  at1223, a reasonable count for GDX would infer a 3 of 3 up move directly ahead, based on a count from the 9/11 low. If it's a bull market gold needs to start performing.

My bull count is 1/2 and now a smaller I/ii off this mornings lows in stuff like GDX/HUI/XAU, no excuses here IMO, I will sell at least half my longs if we get near todays lows in the stuff I just mentioned, Bueno trade IMO with a fairly tight stop, critical session IMO

 

Senor

 

 

Held where it had to so far, mama never said it was going to be easyyes.gif

 

Senor

 

man you make it look easy



#40 CLK

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Posted 21 November 2018 - 07:06 AM

My prediction is gold will wait until the end of Dec.-Jan. to then crater as everyone is looking for the seasonal end of year rally.

 

How is that for contrarian ?







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