i do not think this impulsive wave is completed
while there are divergences in place on a daily gld, gold, gdx, xau/hui charts, there is more time to this upwave. it is prudent to take some off the table if one is trading. i am looking to the 24th as a completion to this wave and i am looking @1k as a marker and xau=150-155. dharma
what now?
Started by
dharma
, Dec 30 2008 10:49 AM
18 replies to this topic
#11
Posted 02 January 2009 - 12:13 PM
#12
Posted 05 January 2009 - 12:27 PM
today or tomorrow should produce the bottom for this wave. then looking for new highs, for this move into the bradley. dharma
#13
Posted 05 January 2009 - 02:01 PM
dharma
Thank you for the continuing updates. It is most appreciated.
Best to you
Peace
johngeorge
johngeorge
#14
Posted 05 January 2009 - 02:51 PM
The juniors are waking up big time.
#15
Posted 06 January 2009 - 10:02 AM
today is my day timewise, 109xau is the lowest i think it could go. however, below 107.72 hourly close will create divergences.today or tomorrow should produce the bottom for this wave. then looking for new highs, for this move into the bradley. dharma
dharma
#16
Posted 07 January 2009 - 10:17 AM
looks like yesterday was C of b. and we are in C here. dharma
#17
Posted 08 January 2009 - 10:27 AM
yesterday, on a 5 min chart looks like xau/hui completed a double zig zag. wave 5 begins.
man, the economy is really really sick
dharma
#19
Posted 09 January 2009 - 10:54 AM
the full moon is over the weekend and mercury goes retrograde. i expect the resolution of this trading range next week dharma