Here is my chart showing the 21 month cycle:
http://stockcharts.com/h-sc/ui?s=$GOL...5&cmd=print
i know its early to point this out. but something i keep in mind is the 21-22 month cycle for gold . since the inception of the bull it has worked precisely very well. all of the 21-22 month cycles have been highs , except for the last. one. it doesnt come in until 15, but when its time comes, it will be a dominant force in the market
dharma
wave 2? bottoming
#41
Posted 28 March 2014 - 02:04 PM
#42
Posted 28 March 2014 - 02:23 PM
thanks wxman. i think this time it is a high.Here is my chart showing the 21 month cycle:
http://stockcharts.com/h-sc/ui?s=$GOL...5&cmd=print
i know its early to point this out. but something i keep in mind is the 21-22 month cycle for gold . since the inception of the bull it has worked precisely very well. all of the 21-22 month cycles have been highs , except for the last. one. it doesnt come in until 15, but when its time comes, it will be a dominant force in the market
dharma
this guys view on silver http://www.safehaven...oming-in-silver
dharma
#43
Posted 28 March 2014 - 02:42 PM
thanks wxman. i think this time it is a high.Here is my chart showing the 21 month cycle:
http://stockcharts.com/h-sc/ui?s=$GOL...5&cmd=print
i know its early to point this out. but something i keep in mind is the 21-22 month cycle for gold . since the inception of the bull it has worked precisely very well. all of the 21-22 month cycles have been highs , except for the last. one. it doesnt come in until 15, but when its time comes, it will be a dominant force in the market
dharma
this guys view on silver http://www.safehaven...oming-in-silver
dharma
valid scenario, but IMO if the miners are bottoming here near the .618 retracements I think this is most likely a deep wave 2 in silver and an "ugly" bottom which would keep most of the people from participating. However as always we have to be very flexible here, a decisive decline in gold below 1280-1285 IMO opens the door new lows as well, uno day at a time and no assumptions, just wearing my traders hat
Senor
#44
Posted 28 March 2014 - 02:44 PM
#45
Posted 28 March 2014 - 02:53 PM
GDXJ looks like wave 1 up is in progress here
monday we will see a deep 2 of that...if i were a guessing man
or several hrs of sideways after earl high was the wave dos? we see
Senor
#46
Posted 28 March 2014 - 03:33 PM
GDXJ looks like wave 1 up is in progress here
monday we will see a deep 2 of that...if i were a guessing man
Could be written off as tape painting. Let's see what Monday brings.
#47
Posted 30 March 2014 - 06:39 AM
"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/
#48
Posted 30 March 2014 - 10:30 AM
Edited by dharma, 30 March 2014 - 10:38 AM.
#49
Posted 30 March 2014 - 11:41 AM
"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/
#50
Posted 30 March 2014 - 01:20 PM