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


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#2481 Smithy

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Posted 04 August 2022 - 04:01 PM

Thanks dharma  :)



#2482 gannman

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Posted 04 August 2022 - 07:32 PM

@linrom   - i have gld making its final low on july 27 around 9 57 am

 

we did a wave up did a pullback aug 3 at 10 54  we are now in a wave iii i think 

 

if so we should head straight up here we will see


feeling mellow with the yellow metal


#2483 gannman

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Posted 05 August 2022 - 08:27 AM

with this action here i would say gld bottomed on the 27 at 159.51

 

it topped yesterday at 167.31 for about an 80 dollar advance 

 

for wave i. now in a wave ii pullback . this is my best guess 

 

hey if it just tanks then so be it but at least its a premise i 

 

am calling this a wave ii for right now unless proven otherwise 


feeling mellow with the yellow metal


#2484 linrom1

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Posted 05 August 2022 - 08:44 AM

NFP number is very bullish for silver.



#2485 gannman

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Posted 05 August 2022 - 08:48 AM

x us steel i like the chart fwiw


feeling mellow with the yellow metal


#2486 linrom1

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Posted 05 August 2022 - 09:02 AM

Copper is up, that's where silver should get its clue.



#2487 crossd

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Posted 05 August 2022 - 10:07 AM

 

latest Hurst on Gold...main trend still down into Jan 2023

 

donc



#2488 crossd

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Posted 05 August 2022 - 10:11 AM

Hurst Gold caveat:..the low just formed in July 2022 MAY be a 9 year cycle LOW....donc



#2489 gannman

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Posted 05 August 2022 - 10:29 AM

thanks don very interesting lets hope i think it is 


feeling mellow with the yellow metal


#2490 gannman

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Posted 05 August 2022 - 11:42 AM

xle has one more shot down to maybe test its 200dma and then i think we have a strong 

 

rally there fwiw 


feeling mellow with the yellow metal