I'm with you on g&s. Looking good. I'm unlikely to continue holding much past the end of the month.
THE PRIMARY WAVE THREE thread and finding the Intermediate wave TWO corrective low
Started by
senorBS
, Mar 05 2021 02:27 PM
2512 replies to this topic
#2442
dougie
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Posted 07 February 2022 - 01:53 PM
one more hard down would be a gift.
really need a sentiment rebasing and that would do it.
allow the big boys to load up while the lil guys puke
#2443
gannman
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Posted 07 February 2022 - 03:11 PM
welcome back senor !! good to see you
feeling mellow with the yellow metal
#2444
linrom1
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Posted 07 February 2022 - 04:03 PM
DEAD. No volume. Big guys don't buy puny miners, they buy futures and there is no interest except for the dummy hedge funds. That's my opinion and I am sticking with it. LOL.
#2445
dougie
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Posted 07 February 2022 - 07:59 PM
DEAD. No volume. Big guys don't buy puny miners, they buy futures and there is no interest except for the dummy hedge funds. That's my opinion and I am sticking with it. LOL.
comms and large traders are too far apart imo for this to be the big one
#2446
dougie
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Posted 10 February 2022 - 05:13 PM
looks like ABC up is in here. now we go down hard?
#2447
senorBS
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Posted 12 February 2022 - 12:22 PM
Heckuva Thursday/Friday trading sequence. Just held thru it, bout 35% long. Looks good for a gold thrust up to new all-time highs - however keep in mind once done (2250 ish?) we should reverse hard back down to 1700-1800 or lower. That's my bigger picture take. I aways worry about "news related" moves but the charts this weekend look good IMO for a big intermediate term move higher in the miners. Lets see how Monday looks
Senor
#2448
linrom1
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Posted 13 February 2022 - 01:05 PM
Heckuva Thursday/Friday trading sequence. Just held thru it, bout 35% long. Looks good for a gold thrust up to new all-time highs - however keep in mind once done (2250 ish?) we should reverse hard back down to 1700-1800 or lower. That's my bigger picture take. I aways worry about "news related" moves but the charts this weekend look good IMO for a big intermediate term move higher in the miners. Lets see how Monday looks
Senor
The decline would depend on degree of correction: primary, cycle or supercycle. In fact, this could be very bearish for gold.
#2449
Smithy
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Posted 13 February 2022 - 06:19 PM
Linrom, may I ask, what are your deflationary fundamentals that accompany such a contraction for gold?
#2450
dougie
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Posted 13 February 2022 - 07:40 PM
Heckuva Thursday/Friday trading sequence. Just held thru it, bout 35% long. Looks good for a gold thrust up to new all-time highs - however keep in mind once done (2250 ish?) we should reverse hard back down to 1700-1800 or lower. That's my bigger picture take. I aways worry about "news related" moves but the charts this weekend look good IMO for a big intermediate term move higher in the miners. Lets see how Monday looks
Senor
why do you see a large reversal? cant remember you LT count
