1010 replies to this topic

[jabat]

 

 

[dharma]

no central banks hold silver.it is a very speculative financial asset. it is making a bull flag now 

gold has broken out of its base of the last 6 yrs. corrections are part of the process. @the lows we have corrected .236%

based on momo indicators, we were at an extreme position which is now coming down. 

july 5india announces its budget policies. and on the 31st the fed announces. doing nothing by the fed will be a big disappointment for the stock bulls

the fed is and has been trapped

w/each day, the rising ma move up  we had a big move in a short time. we are very early in the game. i expect the herd to arrive when new highs are made in the market.so not for some time

dharma

[tradesurfer]

Hey guys what about that HUGE WEEKLY GAP on the XAU at 70.34 ?????

 

doesn tthat need to get filled .....before we resume big up...

 

 

[hhh]

 

Sold 'em around 11.39.

Just did a reload in the 11.80s. Hope I learned my lesson to stay in a little longer this time.

 

Couldn't help myself. Let them go in the 12.15-12.20 range.

[dougie]

that is my favored count. so wave 2 could be deeper than many expect. would trash the new bulls. that is to be expected. the alternative is we just rocket out of here

 

no one here sees hard down here as an option? hmmm

This chart from kitco's gary wagner would agree with you it seems... 

 

[hhh]

Gold is forming a rounded bottom on this correction.

[goldfungus]

Hey guys what about that HUGE WEEKLY GAP on the XAU at 70.34 ?????

 

doesn tthat need to get filled .....before we resume big up...

 

 

Lotta folks going to be looking for that fill. 

[crossd]

hi..can someone post a link to fib_1618 's latest  XAU a/d line..?..thx

 

donc

[Russ]

https://www.thesun.c...aire-nasa-2022/

 

Psyche 16, an asteroid with enough gold in it to make everyone on Earth a billionaireCredit: Nasa

As well as gold, the mysterious object is loaded with heaps of platinum, iron and nikel.

In total, it's estimated that Psyche's various metals are worth a gargantuan £8,000 quadrillion.

 

That means if we carried it back to Earth, it would destroy commodity prices and cause the world's economy – worth £59.5trillion – to collapse.

[Russ]

The wave 5 achievement that wagner's chart indicates seems to contradict the breakout at 1362 and the massive rounding bottom over the last few years.  HUI got over your 175 that you wanted to know about if it happened last year. 

 

that is my favored count. so wave 2 could be deeper than many expect. would trash the new bulls. that is to be expected. the alternative is we just rocket out of here

 

no one here sees hard down here as an option? hmmm

This chart from kitco's gary wagner would agree with you it seems...