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golds next leg higher


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#1 dharma

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Posted 18 March 2020 - 11:33 AM

the last leg higher in the gold market  did not see the miners make new highs w/gold , and that was the case in my account. that indicates to me that it was a 5th wave.  so i am thinking that wave 3 could have finished and we are in wave 4 here . i was looking for 1450 and whoosh that happened in an eye blink.  which i i believe will be the lows.  if not we go and test the 1377 breakout.  so my assumption is we are bottoming here and will head higher

now i want to switch to taking this from a vedic astrology point of view. there is an 18.5 yr cycle that involves the rahu and the ketu. the ancient rishis could not see uranus, neptune , and pluto , but they could feel their energies, they captured those energies in the rahu and the ketu . at present rahu is in gemini in the nakshatra (star)of ardra and ketu is in sagittarius in mula star. these are very evil and destructive stars. the virus appeared  and persists while these planets are in these stars.   01 9/11 happened. 82 aids happened 63 kennedy was assassinated  etc.  rahu and ketu  leave these signs on 4/22 i think by then if not before the panic from the virus will be gone and maybe the virus forever

 at present all the planets  are inside the dragon , rahu and ketu make the dragon. so those 2 are dominating everything , news, life etc. this is going to change 

the last solar  eclipse we had was on 12./26  5 planets were in sag when the eclipse occurred. so it was a powerful occurrence.  mars the planet of war, impulse, energy was part of that on the 22-23 march mars enters into capricorn . where it is in its highest vibration it is exalted.  i  hope there is not a war, but this will trigger a new energy  so things will begin to change.  mars joins saturn in capricorn , saturn is at home in this sign so both planets, although opposites are very powerful. then by the 31  there is a shift.

so i believe by the 31st we should see a shift in the gold market  and the birth of a new leg higher.

i will not label it until it gets underway and until the 1st correction occurs after a 5 wave advance.  maybe due to transport issues, but at present i am reading there is a shortage of physical gold and silver. premiums on silver have expanded

dharma


Edited by dharma, 18 March 2020 - 11:38 AM.


#2 dharma

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Posted 18 March 2020 - 11:50 AM

the shift on the 31st is jupiter enters capricorn. jupiter is the indicator for gold . it is debilitated in capricorn , but it will get strength from mars and saturn which are both in capricorn

dharma

hm vs the dow in the depression https://pbs.twimg.co...=jpg&name=small

yes i realize the situation today is different we are not on a gold standard but gold in the ground is valuable 


Edited by dharma, 18 March 2020 - 11:56 AM.


#3 Smithy

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Posted 18 March 2020 - 12:49 PM

Excellent posts, dharma.

 

"... the shift on the 31st is jupiter enters capricorn. jupiter is the indicator for gold . it is debilitated in capricorn , but it will get strength from mars and saturn which are both in capricorn"

 

Not sure if this is net bullish or bearish, or neutral.



#4 dharma

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Posted 19 March 2020 - 10:46 AM

smithy i think the trigger on 22/23 of mars going into capricorn will either end the bottoming process or jupiter going into capricorn and joining strong mars and strong saturn will so i think the bottom will be in

well folks its happened , negative rates in the usa. now who in their sane mind would buy something , w/the knowledge that they will get less of their investment in return at maturity!!???

the government is inept  the fear is worse then the spread of the virus. 

i do see a bottoming action happening on the charts.  even silver has hourly divergences.  its a process which i expect to complete soon. the devastation to the economy this virus has caused is off the charts  wait till the unemployment claims start coming in . unemployment insurance by the states will bankrupt them. 

i am just in wait mode

dharma   

gold is real it is true money   one thought is the russian central bank was a big buyer of gold . w/oil revenues slashed will they be forced to sell some gold?



#5 Russ

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Posted 19 March 2020 - 10:58 AM

Long JNUG at 3.78 today. 


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#6 dharma

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Posted 19 March 2020 - 11:06 AM

meant to add dsi for gold =40

hgnsi=-6,25%   1st time negative in a long while

open interest has collapsed

ecb announced 750 billion buying program

the world is going to print, print , and print some more

dharma



#7 Smithy

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Posted 19 March 2020 - 11:13 AM

Thanks dharma. I miss Senor's posts, hope he's okay.



#8 Russ

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Posted 19 March 2020 - 12:15 PM

jnug breaking out on the minute charts, should go back to the 14 dollar range minimum... 


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#9 jabat

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Posted 20 March 2020 - 09:30 AM

Highlander views

 

Gold weekly Venus Retro:  could make a low in May like other retros in the cycle or right before like the last two...Numis knows I've been adamant about gold going down into this time frame

venus031920.png


#10 jabat

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Posted 20 March 2020 - 09:31 AM

Highlander views

 

another date to watch is around April 17th  ...conglomerate of fibs 1597 and 610 from aTL and prior low...just a time frame to watch

gold1597.png