1289 replies to this topic

[dharma]

here we are in the 90/10 part of the cycle. i have some stuff that says this cycle could end early next week. this price cycle ends @1773 w/1754 as the death zone for this cycle, another view has 1668 as the end of a cycle which is what we are working today. 1681 starts the next cycle which ends @1772 so that price is a target from 2 different price cycles. 1759 is the death zone for that price cycle. i am not going to do anything , is my view from here, i see other runs later this year. they will juice the economy for the election. finally, its golds time

my fear is war i do not think this corona virus is a fabricated weapon. the death rate is low . it will definitely affect the economma

dhara

[K Wave]

PL looks like it may have found it's footing just above 960....trying to reclaim that 972 level now.

[K Wave]

SI takes out Jan spike high.....

[K Wave]

Gold/Silver reversing strongly today...back below 88, and it could be game on longer term....

[senorBS]

here we are in the 90/10 part of the cycle. i have some stuff that says this cycle could end early next week. this price cycle ends @1773 w/1754 as the death zone for this cycle, another view has 1668 as the end of a cycle which is what we are working today. 1681 starts the next cycle which ends @1772 so that price is a target from 2 different price cycles. 1759 is the death zone for that price cycle. i am not going to do anything , is my view from here, i see other runs later this year. they will juice the economy for the election. finally, its golds time

my fear is war i do not think this corona virus is a fabricated weapon. the death rate is low . it will definitely affect the economma

dhara

massive excuse/reason to lower rates as we head toward "zero" int rates, gotta think Trumpy is goin nuts about mkt drop and will be screaming for Fed to decrease rates, what a yr already and IMO it will only get more crazy, sure has been a nice ride in gold/miners and looks like SLV is finally ready to romp

 

Senor

[senorBS]

Gold/Silver reversing strongly today...back below 88, and it could be game on longer term....

 

yep, that was it methinks

[K Wave]

Not surprising where JNUG bumped its head for a bit, eh?

 

My guess is it does not stay under for much longer....

[K Wave]

that 5 min pivot on XAU/XAG may be for all the marbles now....see what next few days bring

 

[gannman]

@russ that was a typo should have been 262 and a run to 300

[Russ]

@russ that was a typo should have been 262 and a run to 300

Maybe not a good sign that the panic stopped just shy of your number today?  I was looking more for early March for the high on this run but today saw a lot of fear. SPX looks like an early April low though.