911 replies to this topic

[lotus2t]

 

 

finally a decent all around up day with a solid close, wave wise we could be done and the technicals IMO are certainly "there" for a major low, however we can't count on or be confident of anything at this time. Some of these miner to gold or silver ratios are screamingly overdone, so if today's gold/silver rallies continue we just might see the miners unleash higher. One can always hope - LOL.I will say this, I don't know if I've read of one cycle type analyst actually looking for a key low here - and I like that since it seems no one is thinking we "might" make a key bottom here - its always in the Fall seems to be a mantra. Do any of us here actually believe that a low could occur here? I don't think so. Lets see if this is a one-day wonder or perhaps more, as always DYODD

 

PURE BS

 

Senor

My GDX chart predicted a low for this time period way back in March, so now gdx is popping up, I also had gold charts for a low in this time period many weeks ago but recently found another trend for a low in mid july, but the gdx chart seems to be proven today... 

 

 

Free update from CastAway:

 

https://www.castaway...ld/gdx-5-31-19/

 

Zac from ElliottWaveTrader posted this couple of days ago. Him and especially Avi Gilburt had been bullish gold for a long time. It had not been easy.

 

https://pbs.twimg.co...ZELXkAUv3Wb.jpg

[Russ]

 

 

 

finally a decent all around up day with a solid close, wave wise we could be done and the technicals IMO are certainly "there" for a major low, however we can't count on or be confident of anything at this time. Some of these miner to gold or silver ratios are screamingly overdone, so if today's gold/silver rallies continue we just might see the miners unleash higher. One can always hope - LOL.I will say this, I don't know if I've read of one cycle type analyst actually looking for a key low here - and I like that since it seems no one is thinking we "might" make a key bottom here - its always in the Fall seems to be a mantra. Do any of us here actually believe that a low could occur here? I don't think so. Lets see if this is a one-day wonder or perhaps more, as always DYODD

 

PURE BS

 

Senor

My GDX chart predicted a low for this time period way back in March, so now gdx is popping up, I also had gold charts for a low in this time period many weeks ago but recently found another trend for a low in mid july, but the gdx chart seems to be proven today... 

 

 

Free update from CastAway:

 

https://www.castaway...ld/gdx-5-31-19/

 

Zac from ElliottWaveTrader posted this couple of days ago. Him and especially Avi Gilburt had been bullish gold for a long time. It had not been easy.

 

https://pbs.twimg.co...ZELXkAUv3Wb.jpg

 

looks good, those guys are very good.

[dharma]

todays closes are monthly, weekly,and daily closes they are significant

waiting on the cots

dharma

[senorBS]

The CEF (Sprott gold/silver physical fund) which I have mentioned before has been a great "tell", beautiful 5 up from
Nov low to Feb high and bottoms an ABC correction almost exactly at .618 retracement
at May 21 12.03 low, very bullish action which with the past few days rally strongly
suggests a large wave 3 higher toward 13.50-14 at a minimum, and if it is a wave 3 it should be explosive

 

Senor

[johngeorge]

Senor I am so happy to read your post,  I have owned SPPP since I bought a starter position @ $9.88.  You just gave me what I have been looking for a long time, a reason to add, Thank you Senor   Best of luck to the both of us.

 

 

[dougie]

 

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

 

Still think so?

[senorBS]

 

 

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

 

Still think so?

 

yep

[dougie]

so this is a C or 4 of 5 up Senor with a possible 5 down.

 

Lows could be in  too for sure

[senorBS]

so this is a C or 4 of 5 up Senor with a possible 5 down.

 

Lows could be in  too for sure

I just keep looking at CEF and SLV and those both look like large wave 2's DONE IMO. And a lot of other stuff IMO looks done as well but is this biz its only a best guess as always, also will be watching the dollar closely tonight and tomorrow for some "possible" serious downside follow through, critical week ahead for "possible" key low confirmation in the metals sector.

 

Senor

Edited by senorBS, 02 June 2019 - 04:30 PM.

[tradesurfer]

We already have a divergent bottom in SILJ versus RSI on monthly time frame