Gold spot – XAU/USD
https://el834862649....d-spot-xau-usd/
This weekly view takes the incomplete mid-Primary 3rd wave transition-to-extension option and projects for prospective 3rd leg targets.
Posted 15 May 2022 - 01:20 PM
Gold spot – XAU/USD
https://el834862649....d-spot-xau-usd/
This weekly view takes the incomplete mid-Primary 3rd wave transition-to-extension option and projects for prospective 3rd leg targets.
Posted 27 April 2022 - 09:21 PM
https://el834862649....d-spot-xau-usd/
The further development of the C-leg of the retrace transition delivers a more usual pattern.
Posted 26 April 2022 - 07:52 AM
https://el834862649....-index-gdx-etf/
The daily chart shows the journey of the fifth Cycle so far. The transition into extension of the 3rd Primary of [3]x – [3]y has concluded. We look at the first part of Primary [3], from [2] to [3]x and expect similar price action for the second part from [3]y to [3]. The first Intermediate wave (1) of the second part has concluded which is confirmed by the RSI divergence as the price drops sharply into corrective wave (2) where there is probability for a turn at the 0.618 retrace Fib ratio.
Posted 21 April 2022 - 10:21 PM
Gold spot – XAU/USD
https://el834862649....d-spot-xau-usd/
So (3)y is swept by the emotionally manipulated tide and goes east. Such apparent malingering is not unexpected given the nature of the lack of freedom within this relatively small and politically influential market that entertains several Central Bank interests and a particular and historically hegemonistic, manipulative and self-righteous player of genocide and slavery.
https://www.unz.com/...-on-in-ukraine/
Edited by Snippit, 21 April 2022 - 10:23 PM.
Posted 19 April 2022 - 12:13 PM
https://el834862649....fields-ltd-adr/
The JSE listing lags the New York ADR due to relative USD weakness. The Intermediate mid-3rd wave correction has broken out of the upper channel boundary from 40MA support. This move is Minute 3 of Minor 3.
Posted 01 April 2022 - 12:34 PM
https://el834862649....fields-ltd-adr/
The weekly chart..The extended 3rd Primary wave preps for the final upleg. The 4th Primary should find resistance at [3]x. The 5th Primary is pre-ordained to complete the Supercycle and should reflect the extent of the proclaimed demise of the US$. How ominous is that?
Ukraine – A Geostrategic Assessment
Posted 31 March 2022 - 07:09 PM
https://el834862649....n-deep-drd-jse/
DRD is yet another JSE mini-disaster. Hyper-greedy, rear-view-mirror, wishy-washy-fullness in denial of the overt reality. Only the rarified deciduous would become seriously interested after the mini humongous bloodbath. Just recheck those fundamentals, especially the heritage of a nincompoop brethren of persistently incompetent management. Otherwise a prospectively notional time to commence some accumulation.
The Facts & Science section of the Rights & Freedoms website..
Posted 29 March 2022 - 04:30 PM
Gold spot – XAU/USD
https://el834862649....d-spot-xau-usd/
The retrace bounces from the 62% retrace line of the previous up wave but resistance abounds.
Posted 27 March 2022 - 10:55 AM
https://el834862649....d-spot-xau-usd/
Now the bounce reaches the equal legs pattern and favours further downside action. The observation of 1.62 (1) = A – (3)x is indicated, as is the tentative projection of (2)-(3)x. Should (3)y occur at 1883 then the projection will target 2200.
Posted 21 March 2022 - 05:05 AM
Gold spot – XAU/USD
https://el834862649....d-spot-xau-usd/
Taking (2) as the first low point after B gives a leading diagonal for Minor 1 of Intermediate (3). Alternation between Minor waves 2 and 4 and RSI divergence beyond 3 agrees with this interpretation. The transition is supported by the incursion into the territory of (1). The journey from (3)y to (3) is expected to have a similar price movement to that of 2 to (3)x.
Edited by Snippit, 21 March 2022 - 05:07 AM.
Posted 09 March 2022 - 09:23 PM
Gold spot – XAU/USD
https://el834862649....d-spot-xau-usd/
The hourly view indicates the transition into extension which equals the wave 2 extremity and also retraces 3x to near the end of the lower order 4th wave. The turning point has a fairly good probability of occurring hereabouts. An incursion of wave 1 will confirm the transition.
Edited by Snippit, 09 March 2022 - 09:25 PM.
Posted 06 March 2022 - 06:05 PM
AngloGold Ashanti, ANG, JSE
https://el834862649....shanti-ang-jse/
The journey of ANG is, of course, not disconnected from that of gold. It is because of the high probability of this count that a similar scenario has been adopted for gold. Despite the dramatic dimension of the correction, this is a very bullish pattern.
Edited by Snippit, 06 March 2022 - 06:08 PM.
Posted 26 February 2022 - 08:14 PM
https://el834862649....d-spot-xau-usd/
The commence of Intermediate wave (3) has seen a sharp ending of Minor wave 1. The projections of 2 and beyond remain fanciful.
Posted 18 February 2022 - 02:26 PM
Gold spot – XAU/USD
https://el834862649....d-spot-xau-usd/
The updated hourly chart has the break out and test at [iv]. As it dawns on the thinking punters that there is probably not going to be any crackpot “war” started in Ukraine then some of the safe bets are off, for now.
Edited by Snippit, 18 February 2022 - 02:27 PM.
Posted 15 February 2022 - 08:52 AM
https://el834862649....d-spot-xau-usd/
The weekly chart could almost be mistaken for a cup & handle pattern where the Elliott wave theory would be projecting the same (interim) target.
Posted 28 January 2022 - 12:27 PM
https://el834862649....d-spot-xau-usd/
The pattern extends. Termination appears premature. Test of support.
Posted 20 January 2022 - 09:38 AM
AngloGold Ashanti, ANG, JSE
https://el834862649....shanti-ang-jse/
AngloGold completes Intermediate wave (2) of the extension of Primary wave [3] with a brief dip below MA 200. Now at the MA 50 resistance.
Rights & Freedoms News Updated
Edited by Snippit, 20 January 2022 - 09:39 AM.
Posted 18 January 2022 - 03:51 PM
https://el834862649....armony-har-jse/
This update finds Intermediate wave (1) of the extension having completed and (2) testing support.
Rights, Freedoms – Going, going due to lack of interest
Posted 13 January 2022 - 11:10 AM
Gold spot – XAU/USD
https://el834862649....d-spot-xau-usd/
The hourly chart appears to have completed Minor wave 2 of Intermediate wave (1) of the extension of Primary wave [3]. Now the 1st wave of Minor 3 appears to have completed.
Ivermectin had US Military acceptance
Edited by Snippit, 13 January 2022 - 11:12 AM.
Posted 24 December 2021 - 07:52 AM
https://el834862649....d-spot-xau-usd/
The monthly chart reminds that this is the 5th Cycle since gold was set free by its US jailer in 1971.
The 4-hourly chart has a possible turning point indicated by the RSI
https://el834862649....llapsing-dying/