Silver bulls reclaiming the 5 min line might be THE SIGNAL....
Posted 17 January 2022 - 10:54 AM
1 min Silver fully wound up....could be a move starting anytime now...not sure if will come before or after shortened hours end today....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 04 February 2022 - 12:54 PM
Was exhausted and took a prolonged break, went flat a while ago and bot back a modest 1/3 position this morning, Best counts I see out there are:
Looking at GOLD AND COPPER charts seems the logical wave counts are large contracting triangles, Gold/Gld big contracting's from Aug 7 all-time 2020 high and wave E about/or done, Copper big contracting from May 7 2021 high and wave E looks done, I view both of these as potential large wave 4's with 5th wave thrusts to new highs dead ahead if correct. Lot of mining stuff made new lows or double bottomed, miner/ratio charts look really washed out, worth a stab here IMO, as always DYODD
Senor
Edited by senorBS, 04 February 2022 - 12:55 PM.
Posted 04 February 2022 - 01:45 PM
copper IMO has 5 up from wave E (4.28 area) and could be ready to launch in wave 3 on a strong move above 4.50-4.51, nice wave count going here IMO
Senor
Posted 04 February 2022 - 02:32 PM
Holy Toledo! Welcome back.
Bitcoin, large A=C completion looks good...
Posted 04 February 2022 - 03:24 PM
Posted 05 February 2022 - 09:00 PM
what is that circle? A former projection or current projection of moe more wave down??
Posted 06 February 2022 - 02:35 PM
Y'know, gold's 5th wave breaking north out of its weekly triangle equates with silver's move being a wave 3.
Interesting to see how they unfold together. I guess one outcome might be that silver comes into its own
and is relatively stronger than gold.
Posted 06 February 2022 - 09:27 PM
Y'know, gold's 5th wave breaking north out of its weekly triangle equates with silver's move being a wave 3.
Interesting to see how they unfold together. I guess one outcome might be that silver comes into its own
and is relatively stronger than gold.
I actually prefer this counting as a 4 decline in silver from the 30 area in the overall rally pattern from the 2020 bottom. Would love to discuss that when Gold is near 2250 and silver near 32 eh!
Senor
Posted 07 February 2022 - 10:23 AM
IMO near term charts are telling me we are at a "now or never" juncture, either keep moving up in an hourly developing wave 3, or this is a C wave of an ending corrective rally and we go down hard, got fairly tight stops in place - I like the upside chances but we all know how many failed rallies we have seen in recent weeks/months
Senor