1010 replies to this topic

[senorBS]

very early trading has gold around 1550, lets see if might get a decisive and sustained move above the key 1522-1532 big picture resistance area, I expect huge volatility, buckle  up amigos

 

Senor

[dougie]

is gold in a 5 of 3  here since 2016 lows

[gannman]

yes and one thing i will keep in mind this is a wave 3 it started end of may

 

we are in early early stages of this thing. i dont know exactly where it is going

 

but my feeling is before wave 3 is done we will be at new all time highs for gld 

 

thats my take long and strong

[AChartist]

say we peak this week, do a iv-v of 3, then 4 may be my lowpoint in 6 weeks?

 

a lovely w5 could peak in about 20+ weeks in my cycles. Figure 5 months Jan-Feb.

 

Then a correction. it just wont pay to miss the surprises up have to just stay long been waiting a 

 

long time already. And what about silver has to be $120-150 targets possible $500 eventually.

 

17-19 is a meaningful range for silver just want to see 19.50 cleared and all is good.

Edited by AChartist, 25 August 2019 - 07:08 PM.

[dougie]

gold: clean 5 up on the 5 min

[Russ]

gold: clean 5 up on the 5 min

I remember 'Teaparty' on the main board years ago warning against doing elliot wave on minute charts but maybe it can work sometimes.

[gannman]

gld for a breakout here has got to take out 146. once that happens

 

i believe clear sailing as we start the next impulse up 

[Russ]

 

Daily cycles should be good through next are right translating so that could continue cycles cannot find that high

when right translating fake mkts did it for months on end this is not fake mkt, referring to $gold weekly wave could probably

finishing a 3 of 3. Sure dont want to be missing a commodity 5th wave and there are two more of those 5 of 3 and 5.

dont know how the stocks will correlate if $gold pauses maybe miners are on a different time line. I probably

will not sell anything but setup to buy something in 6 weeks that would best line up with a $gold weekly 4 of 3 I think.

Thanks Tim

 

looking toppy now after this morning's reversal... 

[Russ]

GOLD in World Currency unit, white horizontal line is old high from 2011.... 

[gannman]

Dharma you have been nailing this thing nice going man