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
#21
Posted 23 October 2020 - 11:28 AM
#22
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.
"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/
#24
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
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.
#26
Posted 25 October 2020 - 10:25 AM
#27
Posted 25 October 2020 - 05:12 PM
Hadik: 3-6 month peak in gold.
#28
Posted 25 October 2020 - 06:10 PM
above 1955 spot and I am longer
#29
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
#30
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