4036 replies to this topic

[gannman]

the way i am counting this for the final wave down which started aug 10 

 

we have completed wave iii . so we have a bounce and then a final low 

 

and then an explosion to the upside fwiw 

[dharma]

fwiw, my next turns are sept 14.16  and i expect that to be significant.   i do think the gdx/gdxj need to make new lows to have a firm bottom.  my problem w/gold /pms is the cycle bottoms late 23 early 24 so at best we will be range bound.   after that is when the bull resumes

kwave    eat ze bugs.  which is not food for human beings. lots of gluten  yes, they are out to reduce the human population . on the wef website they want to essentially reduce the human population by 13/14 .  they are going to control us by reducing food supply.   canada just past reduction in fertilizers

this is all a wake up call . 87k new irs agents . gestapo . ss.    

dharma

[K Wave]

PL probably about as far as it can dip under 900 without completely rolling back over.

 

IF it does not get back above 900 pronto, could be trouble....

[Smithy]

Spot gold has retraced $62.1, and 49%.  I like to see fibs, and the $62 fits, and the average retrace of gold legs is 50%.

The price could drop further but today's low is a candidate for a turn.

[gannman]

i started nibbling but now i will only add on a strong rally 

 

not looking to get the exact bottom 

[gannman]

bought some oxy stock is up 7 bucks buffet

 

can buy up to 50 % of the company 

[dougie]

dont like the look of things here. And I dont mean the miners or the metals

[gannman]

just looking at some things here. i do expect a bottom next week

 

now sep 20 2022 will be 30 months since the bottom in mar 2020

 

dharma has important days during that time frame . i am thinking we bottom 

 

this coming week have a strong rapid increase for three weeks and pull back into 

 

the sep equinox and then take off in a very strong wave up . i know it is one of a 

 

multitude of possibilities but it does make sense . all fwiw we dont have long to wait 

 

the bottom is coming in this coming week and i expect a very sharp rally  for about 3 weeks 

 

then that pullback and then a freaking moon shot coming out of the equinox. why i dont know 

 

but i believe this stuff is written in the stars . 30 months is an important gann  time frame 

 

as gann stuff works on 360 degrees of a circle as i understand it .no expert but i do know that

Edited by gannman, 19 August 2022 - 04:21 PM.

[senorBS]

we saw GDX and HUI actually register a new WEEKLY closing low on Friday, weekly RSI divergence was registered as well at oversold levels. With a setup like this IMO we either bottom relatively soon or perhaps see a crash, interesting week coming up.

 

Persona note: I am really trying hard to restrain myself from replying to posters who include political opinions in their posts, we live in very trying ad divisive times where facts often cannot even be agreed upon. If I and others go there it will turn this forum into a "******** show" like so many others have become. This forum IMO is not the place for that, I ask those who do to please stop

 

Senor

[gannman]

i agree 100 per cent senor. no politics please 

 

as far as the sector goes i am very comfortable slowly accumulating stuff here

 

imho we are on the verge of a multi year advance in the metals and the miners 

 

just my opine it means nothing until it happens