4036 replies to this topic

[linrom1]

GFI down 20% after buying AUY (only up 7% now) for over 6 bil so far not having a positive effect on the sector. These "all share" deals don't seem to do so well. 

 

Senor

This could still be bullish for GDXJ.

[dougie]

Too many gold n*tz in the gold market to be bullish.

not sure where you are seeing that? The sentiment figures dont support it

[gannman]

summer could see Gold at 1680 region. it seems to tempting to try to get down there and penetrate there briefly to force even LT holders out...because if that fails, 1200s beckon and the BUll is tot

 

dougie i dont see that at all i think gld might test the low of may 13 might doesnt have to and then the 22 month correction from aug 2020 is done 

 

just my take 

[dougie]

 

summer could see Gold at 1680 region. it seems to tempting to try to get down there and penetrate there briefly to force even LT holders out...because if that fails, 1200s beckon and the BUll is tot

 

dougie i dont see that at all i think gld might test the low of may 13 might doesnt have to and then the 22 month correction from aug 2020 is done 

 

just my take 

 

you may well be right. your scenario is a valid one too. But i like to see differnt possibilities. the one i laid out would frstrate the largest numbers imo

[linrom1]

 

 

summer could see Gold at 1680 region. it seems to tempting to try to get down there and penetrate there briefly to force even LT holders out...because if that fails, 1200s beckon and the BUll is tot

 

dougie i dont see that at all i think gld might test the low of may 13 might doesnt have to and then the 22 month correction from aug 2020 is done 

 

just my take 

 

you may well be right. your scenario is a valid one too. But i like to see differnt possibilities. the one i laid out would frstrate the largest numbers imo

 

Nope! The lady who did this is one of the best Elliott Wave analysts.

 

[dougie]

 

 

 

summer could see Gold at 1680 region. it seems to tempting to try to get down there and penetrate there briefly to force even LT holders out...because if that fails, 1200s beckon and the BUll is tot

 

dougie i dont see that at all i think gld might test the low of may 13 might doesnt have to and then the 22 month correction from aug 2020 is done 

 

just my take 

 

you may well be right. your scenario is a valid one too. But i like to see differnt possibilities. the one i laid out would frstrate the largest numbers imo

 

Nope! The lady who did this is one of the best Elliott Wave analysts.

 

 

nope to what? So itake it you are deeply short?

And who is the elliotician? i have yet to meet a rich one

[linrom1]

 

 

 

 

summer could see Gold at 1680 region. it seems to tempting to try to get down there and penetrate there briefly to force even LT holders out...because if that fails, 1200s beckon and the BUll is tot

 

dougie i dont see that at all i think gld might test the low of may 13 might doesnt have to and then the 22 month correction from aug 2020 is done 

 

just my take 

 

you may well be right. your scenario is a valid one too. But i like to see differnt possibilities. the one i laid out would frstrate the largest numbers imo

 

Nope! The lady who did this is one of the best Elliott Wave analysts.

 

 

nope to what? So itake it you are deeply short?

And who is the elliotician? i have yet to meet a rich one

 most. How about

Nope to 1600 frustrating most.

 

Her count is valid and unchanged since 2020. The only way to invest in her count is to wait for a break of your 1680. You do realize that her count is one of the more bullish ones in the LT for gold---it's like 9,000-10,000 in WAVE V?

Edited by linrom1, 01 June 2022 - 01:01 AM.

[dougie]

why would 1600 not frustrate the most? Since 667 would?

[dougie]

and yes, a break of 1690 if sustained is a short.

[Russ]

May's closing was above Martin Armstrong's 1835 level so that means Gold rallying into his Silver benchmark on June 20th. It appears all systems are go this morning, with gold having rallied to his end of week number in the gold colored line, right there you see evidence that Armstrong is very good.. 

 

 

Edited by Russ, 01 June 2022 - 08:32 AM.