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bottoming process continues


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#911 Russ

Russ

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Posted 02 June 2019 - 06:49 PM

My original work done in March was predicting a major low for the end of May on GDX,  this is now confirmed and gold etc. should go up into Sept now. Eric Hadik's stuff is in rough agreement with what I see and he says if XAU can turn its weekly trend back up - while
rallying into late-June - it would be positioned for a
brief pullback and then another advance into the
July/Aug. ‘19 cycles.  There are longer term trends on my charts for a high in early 2020 as well.
 

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#912 K Wave

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Posted 03 June 2019 - 09:14 AM

PM Bulls finally showing some signs of life last few days..

 

Looks like GLD has nicely held at the 900 day back kiss zone at 120, and momocators now kicking into gear upside

 

now looking for Silver to clear 15 and GOLD (barrick) to clear 13.50 area before I get overly excited about longer term prospects though...