Posted 17 November 2019 - 11:33 PM
https://www.sprottme...62737-211658593
lots of possibilities here . for me i cant say for certain we bottomed. so i wait for more time and information from the market
in either event i think we are close
dharma
Posted 18 November 2019 - 02:00 AM
70/30 we have some more time to kill IMO
but nothing to say for certain lows are not in.
sentiment still not fully baked in.
time wise we are good to go on weeklies imo
Posted 18 November 2019 - 03:50 AM
re GDXJ is we take out 40 area i think lows are in.
otherwise we may see another 10=15 % down
Posted 18 November 2019 - 06:11 AM
I didnt want to say yesterday unless there was more evidence, the daily gold cycles look down for 5 days.
There are very few correlated shorter cycles these are longer term of 65 to 93 weeks length.
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
Posted 18 November 2019 - 08:30 AM
Gold in Euros looks headed for an early Dec. Low and the train definitely did come back to pick up latecomers. lol
Posted 18 November 2019 - 09:01 AM
My bull count is an initial 5 up off the 1448 low to 1474, and and abc down to this mornings low at 1456, and now short term a real impulsive looking 5 up basis 5 minute chart to recent high at 1466, I like what I see and now we need to see a sharp rally get underway today "IF" this count is correct
Senor
Posted 18 November 2019 - 09:13 AM
Typical 8am COMEX tape painting! I think I know where this heading, its a BS move but I can't be certain. On SILVER we moved 5 ways up followed by 5 waves down. This could be a ABC up?
Edited by linrom1, 18 November 2019 - 09:21 AM.
Posted 18 November 2019 - 09:41 AM
Looking good, Senor.
Posted 18 November 2019 - 09:45 AM
GDX needs one more push over 27.....come on bulls...PUUUSSSHH...
Failure here would likely mean bulls outta gas for now....
But a push on through would generate a big second wind....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy