and a LOT of people are going to be really surprised as gld starts impulsing up
we did a 21 month correction of a 55 month bull move. perfecto gld imo over
the coming years will be going over 300 as wave 3 of this bull market takes hold
Posted 16 May 2022 - 04:38 PM
and a LOT of people are going to be really surprised as gld starts impulsing up
we did a 21 month correction of a 55 month bull move. perfecto gld imo over
the coming years will be going over 300 as wave 3 of this bull market takes hold
Posted 16 May 2022 - 04:46 PM
Posted 17 May 2022 - 07:15 AM
They were not able to break PL down after the breach of 960...now right back there.
This could turn out to be big moment of truth...
See if bulls can reclaim it, or die here...
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 17 May 2022 - 08:38 AM
Miners are not acting well.
Posted 17 May 2022 - 09:12 AM
i think they need one more leg down to complete
one more wave down and this sector is the buy of the century imo
Edited by gannman, 17 May 2022 - 09:19 AM.
Posted 17 May 2022 - 09:54 AM
started buying some gdxj here
Posted 17 May 2022 - 10:05 AM
i think they need one more leg down to complete
one more wave down and this sector is the buy of the century imo
That's very possibly and especially so in the big names like NEM and GOLD which have had rather pathetic short term bounce attempts, would not be surprised that I those went to lower lows most silver miners/ILJ do not. We could just go in a sideways to make modestly lower range for several days/few weeks as well, could surprise and move higher as well, tough call near term.
Senor
Edited by senorBS, 17 May 2022 - 10:06 AM.
Posted 17 May 2022 - 10:41 AM
gold complex is anyones best guess, we could have finished and the low is in or
we have one more downwave, in other words i have nothing to add
the broad market is interesting https://kingworldnew...k-market-crash/
the trends will surface soon enough. we are entering the intense part of the cycle , w/the center in august-october.
dharma
Posted 17 May 2022 - 11:49 AM
just sold half of longs now about 14% long, may exit rest depending on what I see, as I said a TRADER here, as always DYODD
Senor