will it be the whole November in downtrend? someone said if democrat wins, then two weeks of down and uptrend after; if republican wins then 3 months of down before recouping the loss. this chart seems to say it will be none on the election night.
what the hell, out on a limb. the 1850ish low marks the bottom of this correction. the next leg higher begins now
Started by
dharma
, Oct 21 2020 09:54 AM
1426 replies to this topic
#22
Russ
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Posted 23 October 2020 - 11:31 AM
Oscillator for gold is pointing at the bradley astro date of Dec. 2 for a low as I showed before...
Edited by Russ, 23 October 2020 - 11:34 AM.
"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/
"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/
#23
ryanoo
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#24
dharma
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Posted 23 October 2020 - 01:58 PM
the captain must be reading my charts.!!! i came to that conclusion as well @ this point the markets are all caught in the politics of the day. as most who have been here for any length of time, i have been calling this end game a redox of the 70s and a return to stagflation. (its why i am also bullish on oil , hadiks war cycle aside) obviously i dont know when the leg higher kicks in gear it will be the day both sides talk. they are going to pump the money supply alot higher. i have patience and conviction in the prevailing trend.
dharma
#25
ryanoo
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Posted 24 October 2020 - 12:20 PM
dharma, here is another post in support of your 1970s analogy. The monthly chart is very compelling, but as you say, requires a lot of patience.
#27
dougie
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Posted 25 October 2020 - 05:12 PM
Hadik: 3-6 month peak in gold.
#28
dougie
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Posted 25 October 2020 - 06:10 PM
above 1955 spot and I am longer
#29
gannman
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Posted 26 October 2020 - 09:02 AM
it really is a realization of the fact that pms are a store of value
we are entering into a recognition wave i believe the volume will
pick up significantly . regardless of the who is elected stimulus
is coming and a lot of it is coming just my take
feeling mellow with the yellow metal
#30
dharma
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Posted 26 October 2020 - 12:06 PM
the seasonal charts say gold is entering into the strongest part of the year https://seasonalchar...ssics_gold.html
i am feeling the cycle higher will be of the 90/10 variety.
pinpointing the end of this correction is difficult to say the least. some of my favorite miners seem juicy at these levels
dharma
