206 replies to this topic

[Snippit]

Goldfields ADR, Daily

This daily data chart of the New York ADR of Goldfields is annotated to indicate that Cycle V  has entered Primary [3] just over a year ago and is now emerging from a volatile mid-wave (3) regenerative hiatus.

https://wavecount.bl...-adr-daily.html

 

 

 

naturalis medicamentum

[Snippit]

When the market has lost its marbles - buy gold...

 

 

 

[Snippit]

XAU/USD, Spot Gold (updated 2nd Dec)

The support level for a badly battered gold has been fairly well established.

The inadequacy of alternation between Intermediate (2) and (4)' leans toward the count for (5) of [3] becoming the count for the further extended (3) of [3].The retrace of (3)' of 38.2% is typical. A positive divergence is being resisted but the prospect for upside from the Minuette (ii) this morning is looking quite good, albeit within an ongoing sideways constraint.

https://wavecount.bl...-spot-gold.html

 

 

citius vinctum catenis

 

[Midas1]

Thanks, highly unusual circumstances 😂 for sure

[Snippit]

XAU/USD, Spot Gold (updated 18th Nov)

The 15 minute data view sees the completion of Minute wave [ii] with equal legs abc and positive divergence from sub 30 on the RSI. Wave [i] is seen as yet another leading diagonal which is indicative of highly unusual circumstances that are influencing the price behavior.

 

https://wavecount.bl...-spot-gold.html

 

 

si metus foetet

 

 

 

[Snippit]

XAU/USD, Spot Gold (updated 12th Nov)

The 15 minute data view sees the completion of Minute wave [ii] with equal legs abc and positive divergence from sub 30 on the RSI. Wave [i] is seen as yet another leading diagonal which is indicative of highly unusual circumstances that are influencing the price behavior.

 

https://wavecount.bl...-spot-gold.html

 

 

si metus foetet

 

[Midas1]

Hoping the tramp, Mr D Tramp, opens his mouth re China wanting changes to phase1 ,,and helps my gold long..come on tramp, do your thing

[Snippit]

XAU/USD, Spot Gold (updated 12th Nov)

Wave 4 is seen as a double zigzag. The final leg is approved by the reverse 1.62 ratio extension.

 

https://wavecount.bl...-spot-gold.html

 

 

 

in imis

[Snippit]

XAU/USD, Spot Gold (updated 8th Nov)

The location of (4) is moved to the low point. The chart indicates favorable conditions for this having recently arrived. The forces of sentiment typically involve fear of the unknown or, in this case, an absence thereof. This driver is based on superstition which tests the involuntary instincts and keeps them on their spook-fearing toes.

 

 

https://wavecount.bl...-spot-gold.html

 

 

Sed ne quidem

[Snippit]

JSE, Gold Mining Index, J150 (updated 06/11/2019)

 As it turns out, there was a need to inflict further pain as the leading diagonal exercised its right to more space. The RSI was caught snoozing but the commodity channel index showed itself to be alert to the danger.

 

https://jsecharts.bl...ex-j150_29.html

 

 

captus dormienti

 

[Snippit]

XAU/USD, Spot Gold

Within the Primary wave [3] the Intermediate 4th wave for Spot gold, XAU/USD is reviewed due to a perceived inadequacy of alternation with Intermediate wave (2)...   more at:

 

https://wavecount.bl...-spot-gold.html

 

 

iratus est mare

 

[Snippit]

Does anyone know what the results of the rigged Old Mutual "ballot" are claimed to be?

 

The affected Funds are said due to be tossed out on Thursday, like baby with board of bathwater

and not a peep to inform investors.

 

But its not quite the investor abuse of the century, just common or garden bone-in-nose totalitarian savagery.

 

Even if it were criminal there is no longer any prosecution authority, so no charge, no investigation, no crime.

 

Gangsters paradise is now gold plated.

 

The word is that Old Mutual have decided at the last minute of the 11th hour to keep the Gold Fund (unit trust) after all.

It remains to be seen if they will remove the cap they put on it.

As for the  Resources Fund it seems all that is left is a pool of blood in the town square.

[Snippit]

XAU/USD, Spot Gold

Wave 2 extended as the world waited for the futile Fed. November is good for gold. The Fed is good for nothing new.

 

https://wavecount.bl...-spot-gold.html

 

 

perge deinceps sursum

 

[Snippit]

JSE, Gold Mining Index, J150

This take of the JSE Gold Mining Index sees an extended and painful start to Intermediate wave (5).  

The cause is the usual pain called the Fed. Looks like horse colic.

 

https://jsecharts.bl...ex-j150_29.html

 

 

nisi aurum in sempiternum

[JR7800]

Snippit,

 

I hear you. I also think that the slowdown in global economy will in inevitably lead to share market downturn with Gold as save haven and hopefully the gold shares will then also increase.

 

Let see what happens.

[Snippit]

Hi all.

 

Do you think the pullback in the gold which resulted in heavy pull back in gold shares (Anglo Gold in particular) present a buy in opportunity into gold shares or are the feeling that there are more pain to come (downside).

 

Regards

 

If only the Fed would have weekly rate adjustments then the market would overdose and kill itself off until something real arrived. The kool aid binge is ludicrous. The reality is global economic slowdown. It has been proven beyond all reasonable doubt that jerking about with interest rates only benefits the banksters and buy back directors bonus brigade. It does nothing for the economy. In fact the Fed is only making it impossible to get any economic recovery going.

 

Whatever the impact of the Fed trying to get Trump re-elected, it will not last very long at all. Just another fart in a tornado.

Edited by Snippit, 29 October 2019 - 03:57 PM.

[JR7800]

Hi all.

 

Do you think the pullback in the gold which resulted in heavy pull back in gold shares (Anglo Gold in particular) present a buy in opportunity into gold shares or are the feeling that there are more pain to come (downside).

 

Regards

[Snippit]

Does anyone know what the results of the rigged Old Mutual "ballot" are claimed to be?

 

The affected Funds are said due to be tossed out on Thursday, like baby with board of bathwater

and not a peep to inform investors.

 

But its not quite the investor abuse of the century, just common or garden bone-in-nose totalitarian savagery.

 

Even if it were criminal there is no longer any prosecution authority, so no charge, no investigation, no crime.

 

Gangsters paradise is now gold plated.

[Snippit]

 

GFI completed its 4th Intermediate wave of Primary wave 3 at R66.49 on 16th Sept.

Then completed Minor wave 1 of its 5th Intermediate wave at R87.75 on 11th Oct.

Then completed Minor wave 2 at R79.63 on 22nd Oct.

It tested the upper resistance at R88.35 on Friday.

Now it goes for the breach and beyond to complete Minor wave 3 of Intermediate wave 5 of Primary wave 3 of this full grown bull.

 

Curru namque igneo

 

 

It tested the upper resistance at R88.35 on Friday as Minute wave 1 and Minute wave 2 can typically find support at the 50% - 61.8% retrace level.

[Midas1]

Thanks