911 replies to this topic

[dharma]

looking more and more to me like the miners could have put in a low, want to see an impulse develop

miners lead up and down

dharma

[lotus2t]

An URGENT WARNING from Investing Advisory Legend Mr. James Dines: “Historic GOLD SPIKE Ahead!” Looming global events are creating an economic “Perfect Storm” — and for only the fourth time since 1896, Mr. Dines has discovered a proven indicator that points to a roaring bull market in gold. He’ll share that with you in a moment, for the first time ever!

 

 

 

 

https://secure.outsi...utm_referrer=64

 

CastAway Trader is one of the best Elliott Waves guys I know.  He has started a new subscription service about 2 months ago. At the moment gold and GDX is not part of his service but he mentions them on youtube once in awhile.   

[Russ]

 

An URGENT WARNING from Investing Advisory Legend Mr. James Dines: “Historic GOLD SPIKE Ahead!” Looming global events are creating an economic “Perfect Storm” — and for only the fourth time since 1896, Mr. Dines has discovered a proven indicator that points to a roaring bull market in gold. He’ll share that with you in a moment, for the first time ever!

 

 

 

 

https://secure.outsi...utm_referrer=64

 

CastAway Trader is one of the best Elliott Waves guys I know.  He has started a new subscription service about 2 months ago. At the moment gold and GDX is not part of his service but he mentions them on youtube once in awhile.   

 

Interesting difference between Dharma's post of CaptainEwave's chart, yours is a weak rally this summer followed by a big decline into early 2020 and CaptainEwave's is looking for a bigger rally this summer... who will be right?  Perhaps our resident elliotwave experts can weigh in... 

[dougie]

too many looking north?

[stubaby]

too many looking north?

Too many looking for a final drop and then the blastoff, IMHO  To me it is now looking like a small-to-medium sized counter-trend-rally up for a couple of weeks - followed by a final divergent bottom, FWIW dougie

[lotus2t]

 

 

An URGENT WARNING from Investing Advisory Legend Mr. James Dines: “Historic GOLD SPIKE Ahead!” Looming global events are creating an economic “Perfect Storm” — and for only the fourth time since 1896, Mr. Dines has discovered a proven indicator that points to a roaring bull market in gold. He’ll share that with you in a moment, for the first time ever!

 

 

 

 

https://secure.outsi...utm_referrer=64

 

CastAway Trader is one of the best Elliott Waves guys I know.  He has started a new subscription service about 2 months ago. At the moment gold and GDX is not part of his service but he mentions them on youtube once in awhile.   

 

Interesting difference between Dharma's post of CaptainEwave's chart, yours is a weak rally this summer followed by a big decline into early 2020 and CaptainEwave's is looking for a bigger rally this summer... who will be right?  Perhaps our resident elliotwave experts can weigh in... 

 

 

This is what CastAway sees right now, somewhere around here or a bit lower, then a small rally up before another correction down. He adjusts his counts along the way. So the move up needs to be observed carefully.

[Russ]

too many looking north?

as I said my GLD chart which showed the gold low perfectly last summer now has a trend for a high in mid August, the low is either in or close at hand, that is a bullish wedge on the chart... 

 

Edited by Russ, 22 May 2019 - 10:08 AM.

[dharma]

 

too many looking north?

Too many looking for a final drop and then the blastoff, IMHO  To me it is now looking like a small-to-medium sized counter-trend-rally up for a couple of weeks - followed by a final divergent bottom, FWIW dougie

 

we are still in the weak seasonal demand time of year. the lows are the june/july time of year. the pms are an out of favor sector which as a contrarian is a good. thing. the title of the thread is bottoming process continues. and that is what all of this is. . i believe it will change fairly soon

everyone has an opinion , and that is a market.. soon the pessimism and despair will lead to a bull market. 

dharma 

[senorBS]

looks like GDXJ and maybe others want to make a new decline low, for GDXJ that would be below 28.04, does not have to happen but with the recent sloppy/corrective up looking action off that 28.04 low does seem viable.and its not very far away

 

SWenor

[Russ]

Gabelli gold fund manager buying Newmont and Barrick because they have lots of cash are will be investing it into operations, he is generally bullish... https://www.youtube....h?v=HcVMGkQBLRE