323 replies to this topic

[Snippit]

Gold (spot) XAU/USD

This alternate count sees more complexity in the extension exercises of Primary wave [3]

https://wavecount.blogspot.com/2020/08/gold-spot-xauusd.html

 

 

aurum febricitantem

[Snippit]

Posted Today, 11:15 AM

Investment novice, on 05 Aug 2020 - 11:10 AM, said:

When do we know when to take profits
Gold sold due to anxiety. Is it overbought. Vaccines already in final stages and covid fears not as great. Or do we see gold going to 5000

Sent from my SM-G950F using Sharenet Sharechat mobile app

 

For gold to trigger a sidestepping or shorting of the expected downturn of Primary wave [4] my main indicator is DXY where a more significant bullish Intermediate ( B ) wave than the recent blip is still expected to come about and thereby bring about the expected downturn. 

Thereafter, the future Primary [5] bull for gold is expected to bring the conclusion of its assumed Super-Cycle and could also take a few years, but most likely DXY will need to finish this bear trend to make that happen. No doubt the Fed has got it all under control and there is nothing to worry about    

 

 

corrected typo

[Snippit]

When do we know when to take profits
Gold sold due to anxiety. Is it overbought. Vaccines already in final stages and covid fears not as great. Or do we see gold going to 5000

Sent from my SM-G950F using Sharenet Sharechat mobile app

 

For gold to trigger a sidestepping or shorting of the expected downturn of Primary wave [4] my main indicator is DXY where a more significant bullish Intermediate ( 3 ) wave than the recent blip is still expected to come about and thereby bring about the expected downturn. 

Thereafter, the future Primary [5] bull for gold is expected to bring the conclusion of its assumed Super-Cycle and could also take a few years, but most likely DXY will need to finish this bear trend to make that happen. No doubt the Fed has got it all under control and there is nothing to worry about   

   

Edited by Snippit, 05 August 2020 - 01:16 PM.

[Investment novice]

When do we know when to take profits
Gold sold due to anxiety. Is it overbought. Vaccines already in final stages and covid fears not as great. Or do we see gold going to 5000

Sent from my SM-G950F using Sharenet Sharechat mobile app

[Snippit]

JSE, Gold Miners Index, J150

With a journey of almost 2 years, the extended Primary wave [3] arrives and Primary wave [4] gets under way. Wave [2] was tiresome which makes the expectation for wave [4] to be comparatively snappy. 

https://jsecharts.bl...index-j150.html

 

 

ligna

 

Edited by Snippit, 04 August 2020 - 10:22 AM.

[Snippit]

Gold (spot) XAU/USD

Gold was resting before a final push to a more elegant [3]

https://wavecount.bl...pot-xauusd.html

 

 

silvam esse crepuit

Edited by Snippit, 04 August 2020 - 08:36 AM.

[Snippit]

Gold (spot) XAU/USD

Typically, when taken from the end of the 2nd wave, the 1.618 Fib ratio of the 1st wave will target the top of the 3rd wave. In this case that target is taken as [3]' because there is no alternation between the larger pull backs of the Primary 3rd wave up to that point. The 1.618 Fib symmetry from [4]' now points to the extended top of the Primary 3rd wave. This target is also supported by the RSI and month end. 

https://wavecount.bl...pot-xauusd.html

 

 

ire brevis

 

 

[Snippit]

JSE, New Silver ETF

The New Silver ETF is seen to have a familiar count and to be in the second phase or extension of the 3rd Primary wave. The chart is generating the required clear space above [1] to accommodate Primary wave [4] (which must not enter [1]). Next turn point is at the conclusion of Intermediate wave (3). Wave (4) is expected to be a flat so as to provide alternation with the preceding (2).

https://wavecount.bl...silver-etf.html

 

 

 

patientia sit virtus

Edited by Snippit, 27 July 2020 - 01:20 PM.

[Snippit]

Gold (spot) XAU/USD Silver (spot) XAG/USD

 

 

https://wavecount.bl...pot-xauusd.html

 

Gold:

 

Silver:

 

 

 

[Snippit]

Gold (spot) XAU/USD

With the inrush of the lemmings the time has ripened. Pro is also short for prospering, most often by taking the candy from the babies. The piranhas will now strip the fattened  pig to the bone. Sorry for the lemmings but due to the nature of the jungle the truth is that history still repeats itself most each and every day. No amount of woke or coke can change this one. Maybe the piranhas can be temporarily distracted whilst the lemmings make a run for it, but its a long shot.

https://wavecount.bl...pot-xauusd.html

 

 

longo vivas tempore

 

 

 

[Snippit]

Silver spot XAG/USD

Rip van Silver fell out of bed during a seismic event and no sooner awakened from its extended coma than it got rediscovered by a dopey punter. From the gutter to stardom just like that fairy-tale story.

https://wavecount.bl...pot-xagusd.html

 

 

gravem somno

[Snippit]

JSE, Gold Mining Index, J150 Update 13th July:

 A small overshoot and away it goes.

 

 

cave montem cadentem

 

[Snippit]

What relevance have you determined from this old article that holds current perspective?

 

The illuminated advice of doing some digging before buying. But moreso the promotion of the follow on article.

Always relevant, for every swimmer too, not only for the non-swimmers. 

[Dusty Mountain]

Indeed. History has so much to offer.

 

What relevance have you determined from this old article that holds current perspective?

[Snippit]

Hi Snippit this article is dated 2017??

 

Indeed. History has so much to offer.

[Dusty Mountain]

Here's Why Sibanye Gold Plunged 34% in May 

 

https://www.fool.com...-34-in-may.aspx

 

(no paywall)

 

Hi Snippit this article is dated 2017??

[Snippit]

Here's Why Sibanye Gold Plunged 34% in May 

 

https://www.fool.com...-34-in-may.aspx

 

(no paywall)

 

 

[SB45]

Great results from PAN 

 

https://www.business...ld-price-soars/

[Snippit]

JSE, Gold Mining Index, J150

The investigation of the approach of the Primary [3] continues. Prospective targets of [3] = 2 [1] and the active (5) = (1) are indicated.

This count for [3] sees that a normal completion at [3]' existed but interprets what would normally be wave [5] as an extension of [3]. This view is adopted because a number of gold related instruments require a correlational extension for compliance with the rule for impulse waves of the 4th may not enter the 1st. The other consideration is that it is normal for the 3rd wave to be the one that extends.

The said extension has been at a higher pace than the first phase of the wave and it is already with a greater price change. The use of correlation continues.

https://jsecharts.bl...index-j150.html

 

 

cerebrum cibum

 

 

 

[Snippit]

JSE, Gold Mining Index, J150

Update 7th July:

The J150 index is assessed for arrival at Primary [3]. Minor wave 5 of Intermediate (5) is compared with the 1.618 ratio of Intermediate wave (1).

https://jsecharts.bl...index-j150.html

 

 

 

vos miremini