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


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#4011 Smithy

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Posted 03 January 2023 - 12:55 AM

The Aussie gold index XGD daily from the low Sept 29.

 

1-2-22-XGD.jpg



#4012 senorBS

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Posted 03 January 2023 - 09:00 AM

Nice first of year upside action so far in metals, if rally holds upside acceleration possibility is real IMO, especially in miners who have been underperforming, and especially in silver stocks that have been massively underperforming. I will be watching the SILJ/SLV and SIL/SLV ratios I mentioned last week for signs of potentially "uncoiling" to the upside. Looks like a very interesting first trading day

 

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#4013 dougie

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Posted 03 January 2023 - 09:23 AM

Contrarian view on USD
https://ci6.googleus...1b1_777x598.png

#4014 linrom1

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Posted 03 January 2023 - 09:40 AM

Russ, what does MA mean by "panic cycle"? Panic was a term used to describe severe selloffs.



#4015 Russ

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Posted 03 January 2023 - 10:44 AM

Russ, what does MA mean by "panic cycle"? Panic was a term used to describe severe selloffs.

From MA: 

 

Any trend can unfold in a steady manner for a specific period of time however it may also unfold in a sudden panic either to the upside or the downside.

 

Panic Cycle A Panic Cycle differs from a Turning Point or a Directional Change insofar as it reflects neither a high nor a guaranteed low and it is not the beginning of a change in trend. Here we are concerned solely with the confusing abrupt move. These targets again need NOT be the actual high or low, yet on occasion they will provide such targets if extreme as was the case in 1987. Instead, a Panic Cycle more often than not is an outside reversals or just a capitulation. Once more, it is neither a target for a specific high or low, just greater price movement that can be dramatic in one direction, or an outside reversal exceeding the:previous:session:high:and:penetrating:it’s:low Here we provide a Forecast Array on the German Dax published in 1999. We can see it had dforecast correctly a Panic Cycle for 2008. It correctly pinpointed the high for 2000 and the low in 2003 as noted on the Composite, Empirical, Trading Cycle, and Volatility. This will give you an idea how these forecasts have been highly reliable.

 

https://s3.amazonaws...nual-models.pdf


"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/

#4016 Russ

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Posted 03 January 2023 - 10:50 AM

Chart predicting 1900 Gold soon.

 

https://www.tradingv...to-expect-next/


"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/

#4017 Smithy

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Posted 03 January 2023 - 11:41 AM

Today's spot gold $1850 may prove to be a short term peak and we get the pause that refreshes.

 

I'm wrong if gold gets above $1850.

 

Curr.  $1830.


Edited by Smithy, 03 January 2023 - 11:49 AM.


#4018 dharma

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Posted 03 January 2023 - 11:47 AM

did some culling this am. will not be a good sign if this rally gets erased. 

watching

dharma



#4019 linrom1

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Posted 03 January 2023 - 12:13 PM

DXY is going to new highs. That's a nice chart of DXY that Dougie posted.



#4020 linrom1

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Posted 03 January 2023 - 01:06 PM

 

Russ, what does MA mean by "panic cycle"? Panic was a term used to describe severe selloffs.

From MA: 

 

Any trend can unfold in a steady manner for a specific period of time however it may also unfold in a sudden panic either to the upside or the downside.

 

Panic Cycle A Panic Cycle differs from a Turning Point or a Directional Change insofar as it reflects neither a high nor a guaranteed low and it is not the beginning of a change in trend. Here we are concerned solely with the confusing abrupt move. These targets again need NOT be the actual high or low, yet on occasion they will provide such targets if extreme as was the case in 1987. Instead, a Panic Cycle more often than not is an outside reversals or just a capitulation. Once more, it is neither a target for a specific high or low, just greater price movement that can be dramatic in one direction, or an outside reversal exceeding the:previous:session:high:and:penetrating:it’s:low Here we provide a Forecast Array on the German Dax published in 1999. We can see it had dforecast correctly a Panic Cycle for 2008. It correctly pinpointed the high for 2000 and the low in 2003 as noted on the Composite, Empirical, Trading Cycle, and Volatility. This will give you an idea how these forecasts have been highly reliable.

 

https://s3.amazonaws...nual-models.pdf

 

Thanks, that's what I thought how he was using the term.