4036 replies to this topic

[dougie]

I realize this isnt a iner but i know a lot of strong opinions on vaccine hereabouts: MRNA looks based to me

[dougie]

 

My bottom line is that I am not expecting any recent low to necessarily be a "final one", I think we can have a several week/couple month int term rally and then we'll see what the wave structure off the low looks like, I am a "swing trader" only for now, no bigger picture assumptions, remain 40% long

 

Senor

there are  5 waves down from the last highs in gold, so unless those lows are taken out. , this rally will be a corrective rally

dharma

 

you mean daily gold? I count that as a 3 3 5

[senorBS]

 

My bottom line is that I am not expecting any recent low to necessarily be a "final one", I think we can have a several week/couple month int term rally and then we'll see what the wave structure off the low looks like, I am a "swing trader" only for now, no bigger picture assumptions, remain 40% long

 

Senor

there are  5 waves down from the last highs in gold, so unless those lows are taken out. , this rally will be a corrective rally

dharma

 

Dharma, no disagreement that the decline from March high at 2070 is a big 5 down - but the BIG Q is 5 of what? Was perhaps that March high a B wave and we completed 5 down for C of a flat? IMO that is just as viable as 5 down of a developing much larger corrective decline. I make no assumptions either way.

 

Senor

[Russ]

My bottom line is that I am not expecting any recent low to necessarily be a "final one", I think we can have a several week/couple month int term rally and then we'll see what the wave structure off the low looks like, I am a "swing trader" only for now, no bigger picture assumptions, remain 40% long

 

Senor

Eric Hadik is looking for a Sept high for Gold and the stocks which is in agreement with my signals for GLD, XAUUSD, GDM/NUGT and HUI for highs somewhere around Sept 20 to late Sept depending on the charts, signals are a bit fuzzy this time.  Armstrong said recently that he thinks gold will put in a final low in early 2023. 

Edited by Russ, 08 August 2022 - 01:12 AM.

[gannman]

Ukraine's Zaporizhzhia: UN chief condemns 'suicidal' shelling around nuclear plant | CNN

 

this is not good for anyone. if one of these plants gets hit it will affect the markets 

[gannman]

the gold scector bottomed on july 25 imo 

[Smithy]

Thanks Russ

[linrom1]

OI on gold went down on Fri. The gold rally here is weak.

[gannman]

hi yo silver with a coud  of dust the masked man and his friend tonto rode off to another adventure 

 

used to love that show 

[gannman]

did some buying in the sector today looking good