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seems its time for a new thread. war markets are treacherous


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#1811 dougie

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Posted 23 June 2022 - 12:37 PM

what fascinating action. ont think i have ever seen the likes of it



#1812 Russ

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Posted 23 June 2022 - 12:43 PM

Newmont is diverging, no new lows today, the biggest fish is leading. I see 5 waves down have completed. 

 

 


Edited by Russ, 23 June 2022 - 12:45 PM.

"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#1813 Smithy

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Posted 23 June 2022 - 12:55 PM

Reversal or continuation? The burning question.

 

If you are a bull, point 5 is the buy. If you are a cautious bull, above Pt 4 is the buy.

 

 

6-23-22-gold-KRP.jpg


Edited by Smithy, 23 June 2022 - 12:55 PM.


#1814 Rogerdodger

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Posted 23 June 2022 - 01:11 PM

Today, Nugt lost it's long term "support" at $40 as I expected.

 

https://schrts.co/ZwyJbYKP



#1815 dougie

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Posted 23 June 2022 - 01:21 PM

given what is at stake here, (moving away from unipolar world) and the demise of the USDd as the global currency, would not the powers that be not want o intervene?



#1816 Russ

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Posted 23 June 2022 - 01:32 PM

Today, Nugt lost it's long term "support" at $40 as I expected.

 

https://schrts.co/ZwyJbYKP

Where do you see it bottoming?


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#1817 Russ

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Posted 23 June 2022 - 02:12 PM

Di-vergences on GDX major support...

 


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#1818 gannman

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Posted 23 June 2022 - 02:25 PM

we are correcting a 55 month up move gld is holding great it is

 

nowhere near its low of mar 2021 once gld goes thru 176 it is going to fly

 

and it will i am sure of that and it will soon 


feeling mellow with the yellow metal


#1819 Russ

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Posted 23 June 2022 - 02:58 PM

we are correcting a 55 month up move gld is holding great it is

 

nowhere near its low of mar 2021 once gld goes thru 176 it is going to fly

 

and it will i am sure of that and it will soon 

It looks like a test of the bigger wedge from 2020, so next move up should be near and dear...


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#1820 gannman

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Posted 23 June 2022 - 03:02 PM

i will be adding to my gld position tomorrow 


feeling mellow with the yellow metal