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THE PRIMARY WAVE THREE thread and finding the Intermediate wave TWO corrective low


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#541 linrom1

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Posted 21 April 2021 - 09:04 AM

Get ready for gold 3k euphoria. Time to sell? I am watching WTI. If it doesn't move, I don't want to own anything.


Edited by linrom1, 21 April 2021 - 09:06 AM.


#542 gannman

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Posted 21 April 2021 - 09:10 AM

looking good here guys we have waited for a while for this 


feeling mellow with the yellow metal


#543 gannman

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Posted 21 April 2021 - 09:22 AM

on gdx it would make sense for it to go up to its 200 dma at 37.16 and then pull back

 

in a corrective wave for a week or so 


feeling mellow with the yellow metal


#544 K Wave

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Posted 21 April 2021 - 09:26 AM

GDX has finally made it to initial target zone area before possible rest.

 

Does not mean it cannot blast right on through, but right near here would be most likely place for a pause...


Edited by K Wave, 21 April 2021 - 09:27 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#545 JGUITARSLIM

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Posted 21 April 2021 - 10:20 AM

GDX has finally made it to initial target zone area before possible rest.
 
Does not mean it cannot blast right on through, but right near here would be most likely place for a pause...


Yeah took profits on GDX trade here - flat for now

#546 gannman

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Posted 21 April 2021 - 12:51 PM

i get the feeling looking at the slv chart that it could just launch here. not sure not sure of the count

 

i am looking at the daily


feeling mellow with the yellow metal


#547 CHAx

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Posted 21 April 2021 - 01:41 PM

Is anyone still seeing the /GC wave off of the 3/31 low as corrective still?



#548 linrom1

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Posted 21 April 2021 - 02:14 PM

Is anyone still seeing the /GC wave off of the 3/31 low as corrective still?

It's still the most logical count on XAU.



#549 dougie

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Posted 21 April 2021 - 02:22 PM

interesting juncture here to be sure. some mild neg divergences.

anyone seen senor? not since  went flat right?



#550 CHAx

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Posted 21 April 2021 - 02:24 PM

 

Is anyone still seeing the /GC wave off of the 3/31 low as corrective still?

It's still the most logical count on XAU.

 

 

ON /GC?

 

Wave one low [1801] on 1/19,  Wave two 2/10, Wave 3 [1674] 3/8.... so wave 4 invalidation at 1801?