4036 replies to this topic

[senorBS]

I am continuing to monitor the XGD (Aussie golds) as IMO has the clearest Ewave count going, 5 up daily from THE low for 1 or A, now working on a wave 2 or B down, prev 4th wave support near 5235 is the first impt support level/target for a possible low of 2 or B. XGD down 1 1/2% tonight near 5290

 

Senor

[Smithy]

Thanks Senor; currently flat in trading ac.

[senorBS]

Thanks Senor; currently flat in trading ac.

No problemo, I will probably buy a long trading position if the U.S. miners and gold/silver drop a bit more from yesterday's close, but I am keeping things smallish in this environment. So far pre-mkt miners barely budging

 

Senor

Edited by senorBS, 16 August 2022 - 07:02 AM.

[Smithy]

I'm expecting to sit on my hands today with regards to the miners. Tomorrow is a candidate for nibbling.

[senorBS]

OK,j ust got done buying a very modest "trading" position, may add a bit more if we go lower, as always DYODD

 

Senor

[gannman]

the way i am seeing this if we are really going to start a wave 3 up here the hui 

 

should blast off and run up to about 280 very quickly . until then i will just watch 

 

just my take 

[gannman]

xle if it trades above 79.50 i believe another impulse leg up is in progress 

 

heading to over 100

[dharma]

spy stretched out on hourly divergences.  either it regains momo or it tops

dharma

gold bottoming  this week

[senorBS]

exited longs, small gain, too dicey for me

 

Senor

[gannman]

i would love to see hui make one more new low under 208 and then rocket out of there

 

that would be a good start. and i mean rocket adding a quick 50 or 60 points