Jump to content



Photo

An Epic NEW Bull market is about to begin. Has already begun


  • Please log in to reply
46 replies to this topic

#11 skott

skott

    Member

  • Traders-Talk User
  • 4,712 posts

Posted 14 June 2019 - 06:48 PM

my bet/hope now is a 2 day surge Monday and tuesday  of 5% or more and then a slight pullback. That would still be above today's prices. 


Edited by skott, 14 June 2019 - 06:53 PM.


#12 tsharp

tsharp

    Member

  • Traders-Talk User
  • 1,487 posts

Posted 15 June 2019 - 09:26 AM

couldnt agree more nd cong.  also one other fundamental factor the deficit. the dollar will be taking a 

 

very large dump here kind of like a giant enema for the u.s. 

 

and congrats your timing is excellent nice work me i am a gold bug so i am always bullish gold 

 

but this time i am right

 

Not to be difficult, and while I think gold's time will come with a Wave-V high up in the $5K range, I don't think its bottom has come quite yet., it's perhaps two years out at ~960.. jmho...

 

XAU-USD-W-6-14-19.jpg



#13 skott

skott

    Member

  • Traders-Talk User
  • 4,712 posts

Posted 15 June 2019 - 01:02 PM

We shall know soon

#14 skott

skott

    Member

  • Traders-Talk User
  • 4,712 posts

Posted 16 June 2019 - 06:40 PM

lots of ppl jumping on the bull wagon or at least I'm noticing some. Sentiment that I use has gotten a little frothy also implying some pullback. Full moon is Sunday night (actually Monday morning 4:30am)  I give a little bit of credence to the Moon but in this situation is it a high or a two day pullback low? It can also mark acceleration points. Your guss is as good as mine. In my first post on this topic I said we needed that move up I predicted when Nem went over 32 and the HUI blasted 15% higher, CHECK. Then a pullback (in progress most likely) Then we'd need a nice surge higher. I can easily see us pulling back into the FOMC They don't cut rates causing an intraday plunge and the smart money buys the crap out of everything because they know the 

Fed will cut later if not now.  If they go ahead and cut rates expect the same.



#15 skott

skott

    Member

  • Traders-Talk User
  • 4,712 posts

Posted 19 June 2019 - 01:34 PM

NEM doing well once again. Dovish talk. rate cuts to come in the future. This year me thinks.



#16 skott

skott

    Member

  • Traders-Talk User
  • 4,712 posts

Posted 19 June 2019 - 04:06 PM

just to update. If you read the original post it has played out exactly correct to this point. We now need a move to new highs to say the bull market is on. My question is not whether gold will go up to test 1600 or just below, I am pretty sure it will. The question is, will that be a B wave or even worse a 2 wave top? I think maybe it'll be a B wave. but we can still have a very strong move up initially for months and then pullback in gold to maybe near 1000 and then have a very lengthy bull market in Gold and the Miners. I 'am still 118% invested and just contributed last week the max to my Roth IRA



#17 skott

skott

    Member

  • Traders-Talk User
  • 4,712 posts

Posted 19 June 2019 - 06:14 PM

and I'll clarify and say a closing high over the early April high in the miners is all that is needed to confirm the bull market I say has already started.. Gold is strong in the after hours. We'll see what happens tomorrow and friday.


Edited by skott, 19 June 2019 - 06:36 PM.


#18 skott

skott

    Member

  • Traders-Talk User
  • 4,712 posts

Posted 20 June 2019 - 12:17 PM

Do you feel me now?



#19 skott

skott

    Member

  • Traders-Talk User
  • 4,712 posts

Posted 20 June 2019 - 01:08 PM

and it's not at all too late to buy. gold stocks on average should at least double from here. It will get a whole lot more expensive when it crosses and stays above 1400. 



#20 skott

skott

    Member

  • Traders-Talk User
  • 4,712 posts

Posted 20 June 2019 - 06:48 PM

everything from stocks to gold have reached sentiment extremes. Only the Japanese Yen looks ok. As the Yen goes so goes gold usually. Gold in Aussie dollars new all time high I believe.