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Terminal Wave B for Gold


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#21 senorBS

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Posted 16 May 2020 - 08:09 AM

The only thing "terminal" so far is bears getting killed off, its a BULL MARKET going well over 2000 eventually

 

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#22 linrom1

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Posted 16 May 2020 - 10:59 AM

The only thing "terminal" so far is bears getting killed off, its a BULL MARKET going well over 2000 eventually

 

Senor

How about restating your conclusion to "patiently waiting" for a top to short. Same for silver. Nothing changed! The song remains the same: gold is bouncing up in wave V and silver could be bouncing up in wave II, but I prefer ABC correction of wave C down.

 

So far nothing gained and nothing lost.


Edited by linrom1, 16 May 2020 - 11:03 AM.


#23 senorBS

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Posted 16 May 2020 - 11:57 AM

Its a bull market, watch it unfold

 

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#24 dougie

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Posted 16 May 2020 - 07:47 PM

 

Wave IV looks like its almost finished at about 1670. Wave V should take us to 1780 or so and that it be it for gold for a very long time. So long sucker!

well almost there. tell me when you go short! TIA



#25 dougie

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Posted 16 May 2020 - 07:49 PM

 

The only thing "terminal" so far is bears getting killed off, its a BULL MARKET going well over 2000 eventually

 

Senor

How about restating your conclusion to "patiently waiting" for a top to short. Same for silver. Nothing changed! The song remains the same: gold is bouncing up in wave V and silver could be bouncing up in wave II, but I prefer ABC correction of wave C down.

 

So far nothing gained and nothing lost.

 

umm a double from the lows is something lost unless i am mistaken



#26 linrom1

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Posted 16 May 2020 - 08:55 PM

 

 

The only thing "terminal" so far is bears getting killed off, its a BULL MARKET going well over 2000 eventually

 

Senor

How about restating your conclusion to "patiently waiting" for a top to short. Same for silver. Nothing changed! The song remains the same: gold is bouncing up in wave V and silver could be bouncing up in wave II, but I prefer ABC correction of wave C down.

 

So far nothing gained and nothing lost.

 

umm a double from the lows is something lost unless i am mistaken

 

Major indices have been making so many moves that alone can keep one occupied.  Gold looks like its making time waiting for another Powell bazooka or $3T stimulus package so it can ramp up, silver might be finished or maybe Monday.



#27 senorBS

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Posted 17 May 2020 - 07:56 AM

 

 

 

The only thing "terminal" so far is bears getting killed off, its a BULL MARKET going well over 2000 eventually

 

Senor

How about restating your conclusion to "patiently waiting" for a top to short. Same for silver. Nothing changed! The song remains the same: gold is bouncing up in wave V and silver could be bouncing up in wave II, but I prefer ABC correction of wave C down.

 

So far nothing gained and nothing lost.

 

umm a double from the lows is something lost unless i am mistaken

 

Major indices have been making so many moves that alone can keep one occupied.  Gold looks like its making time waiting for another Powell bazooka or $3T stimulus package so it can ramp up, silver might be finished or maybe Monday.

 

Silver is far from finished as its appears to be in a wave 3 higher as I wrote was likely coming either early last week or the week before - in those comments targeted the 19.9 area basis SLV. GSR IMO has begun its collapse wave toward 90-93 as I also recently wrote about after suggesting a corrective peak was likely ending near 116 after 5 down from 129 to 107. But keep fighting it if you prefer, I like following what to me is clearly obvious and high probability as it has been nicely profitable

 

Senor



#28 dougie

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Posted 17 May 2020 - 04:58 PM

seems possible that we could run for another 5 weeks or so



#29 dougie

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Posted 17 May 2020 - 05:03 PM

but silver getting ahead of itself a bit here looking at MA's?



#30 tradesurfer

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Posted 17 May 2020 - 05:24 PM

simple technical analysis says that Silver breaking back into the trading range above 16.50 implies a move back to the top of the trading range near 19.00