433 replies to this topic

[Snippit]

Gold spot – XAU/USD

 

https://el834862649....d-spot-xau-usd/

 

The action since the last post gives no reason, so far, to review the interpretation. The retrace has been driven a step further than typical, that’s all. Buy the dip.

 

 

 

 

https://www.afinalwa...com/573278.html

 

[Snippit]

Gold Miners Index – GDX (ETF)

 

https://el834862649....-index-gdx-etf/

 

This monthly chart of the US Gold Mining Index also indicates the USD gold price and reveals an increasing reluctance of this index in its response to an increasing gold price. To achieve a completion of this final Cycle degree wave at a price above III will require considerably more than the $ 1920 of 2011, moving proportionally suggests even as much as $ 3500 or more.

 

 

 

Urgent Message

 

[Snippit]

Gold spot – XAU/USD

 

https://el834862649....d-spot-xau-usd/

 

The daily chart is assessed to be entering the 3rd Minor wave of the 3rd Intermediate wave of the extension of the 3rd Primary wave. A wet blanket of the long established market-maker-hedge-fund collusion covers and stifles the underlying enthusiasm. Now the pace is measured by two steps forward and one step back and increasing to two steps back by the use of massive notional selling at selected periods of no other activity. Captive regulators aid and abet in accordance with the long established norm. All this skullduggery despite the fact that there is scant profit in it for anyone, not until the institutional malfeasance of the controllers takes a break to permit the unleash of the market pressure.

 

 

https://21stcenturywire.com/

 

 

[Snippit]

Harmony, HAR, JSE

 

https://el834862649....armony-har-jse/

 

This daily chart analyses the bull-trend-Cycle progress since its commencement. The 13-month counter-trend spoiler is an unusually large mid-3rd wave transition from which a return of the bull that takes Primary wave [3] to a new high is to be expected.

 

 

Edited by Snippit, 08 November 2021 - 12:30 PM.

[Snippit]

Gold spot – XAU/USD

 

https://el834862649....d-spot-xau-usd/

 

The Charge of The Gold Brigade:

 

 

 

https://el834862649.wordpress.com/

 

 

[Snippit]

Gold Miners Index – GDX (ETF)

 

https://el834862649....-index-gdx-etf/

 

The weekly chart of GDX (below) is compared with the spot price of $gold over the past 14 years. The correlation is strong but the relative movements indicate that the miners have been and remain discounted against the price of gold. The probability of a turning point approaching, with the effect of a resumption of Primary wave [3] is being indicated for both charts.

 

 

https://el834862649.wordpress.com/

[Snippit]

Gold (spot) – XAU/USD

 

 

https://el834862649....spot-xau-usd-7/

 

 

Gold is made to consolidate and be assaulted if it dares to attempt a break out. The Disney world of the west remains stalled by writers cramp whilst the producers take an extended holiday.

 

 

https://el834862649....m/covid-news-4/

[Snippit]

Gold (spot) – XAU/USD

 

The extension did not mature due to resistance. Initial target for 2 is [iv].

 

https://el834862649.wordpress.com/

 

 

frigidum aliqua de humor

 

 

[Snippit]

Gold (spot) – XAU/USD

Nothing is actually changed and there is a resumption of a fear of the various and entangled worst. The reaction of the beleaguered but always omnipotent and everlasting yellow metal is to brush off the manufactured short-term battering and get back to where it naturally belongs. And then some.

https://el834862649....spot-xau-usd-7/

 

 

[Snippit]

Gold (spot) – XAU/USD

Despite the unexpected return of the sentiment wave of ‘happy days are here again’ the trend remains bullish, by the skin of its teeth. Hard headed bargain hunters have yet again collected handsomely from the feint hearted. The deep dipping second waves may see yet another as Intermediate wave (3) establishes.

https://el834862649....spot-xau-usd-7/

Essential reference – A preview of the book ‘Corona Unmasked’ at
tinyurl.com/h46mf7hu

 

[Snippit]

Spot Gold - XU/USD

 

https://el834862649....spot-xau-usd-7/

 

Now contemplating the completion of Minor wave 2 which has more going for it.

 

 

 

[Snippit]

Spot Gold  XAU/USD

 

https://el834862649....spot-xau-usd-7/

 

Now contemplating the completion of the 3rd Minute wave at [iv]. The relative size of Minor 1 points to a mid-3rd wave transition into an extension of wave 3 or possibly a sequence of extensions in this wave.

 

 

[Snippit]

This weekly chart of the GLD NewGold instrument sees the Supercycle correction being arrested.

 

https://el834862649....ss.com/gld-jse/

 

 

[Snippit]

Gold Miners Index – GDX (ETF)

 

https://el834862649....-index-gdx-etf/

 

This daily view interpretation of the GDX Gold Miners Index sees the probability of a turning point into Intermediate wave (3) of the extension of Primary wave [3].

 

 

Volventibus annis

[Snippit]

XAU/USD

 

https://el834862649....spot-xau-usd-7/

 

This hourly chart looks at the post-transition commence of the extension of the Primary 3rd where Intermediate wave (3).

 

[Snippit]

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[RBM]

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[Snippit]

AngloGold Ashanti, JSE, ANG

 

https://el834862649....shanti-jse-ang/

 

This weekly chart for the JSE ANG advises that Primary wave [3] is extending. This was confirmed by the intrusion of the Primary degree transition into the territory of Primary wave [1] in November 2020. Now the turn indicators take position following 5 straight weeks of decline bringing the CCI to make the suggestion, along with within [3]y there is an acceptably complete 5-3-5 pattern. So it appears that the turn is approaching. This should at least slow down the rot.

 

 

Consilion non impetu

[Snippit]

Gold (spot) – XAU/USD

 

https://el834862649....spot-xau-usd-7/

 

The daily view of the spot gold chart for the last year presents the corrective Primary wave [4] which can morph into a mid-3rd transition should the wake up call be heard. The fib ratio of 0.618 makes 2 appearances, Intermediate wave (1) is close to being 0.618 of [4] and Intermediate wave (2) is close to being 0.618 of (1). The RSI is also comfortable with this take. So that was nice and easy for a change.

 

 

Audentes fortuna iuvat

[Snippit]

Gold (spot) – XAU/USD

 

https://el834862649....spot-xau-usd-7/

 

Can $120 billion/mnth still do anything for stability?