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J150 GLD

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#41 Midas1

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Posted 21 May 2020 - 06:22 PM

Maybe when powell speaks gold bugs will get buying..

 


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#42 Midas1

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Posted 21 May 2020 - 06:20 PM

XAU/USD 

Update 20th May:
The location of the vertical move [iii]'-[iv]' has a central role in this analysis.

 

 

https://wavecount.bl.../04/xauusd.html

 

xauusd-120-200520.png

 

expuli tussim tussis

 

delusional.jpg

 

Hi, Any reason why pgms got smacked so badly today. I would have thought with us jobs a and economy so bad especially gold would at least have held its own..or is it just a pull back. I continue to hold sibanye and impala anyway unless they keep getting hammered for days..Cheers


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#43 Snippit

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Posted 20 May 2020 - 10:23 AM

XAU/USD 
Update 20th May:
The location of the vertical move [iii]'-[iv]' has a central role in this analysis.

 

 

https://wavecount.bl.../04/xauusd.html

 

xauusd-120-200520.png

 

expuli tussim tussis

 

delusional.jpg

 

 

 


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#44 Snippit

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Posted 20 May 2020 - 07:02 AM

Hello Snippit...Been locked down in UK, boring, at least you can buy beer here :) Looking at buying some gold shares on a dip... Made back my cfd loss on Imp, but only buying equities to trade now, my cfd days are over..Keep safe

 

Locked up? I watched this video and decided enough is enough...stuff this rot:

 

 


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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#45 Midas1

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Posted 12 May 2020 - 04:30 PM

XAU/USD 

This 2-hourly chart sees a symmetrical triangle nearing completion. It has a Minor wave 3 of  less than Minor 1 which requires a Minor 5 to be less than Minor 3. The likelihood of this is supported by the expectation for the break out target from the triangle. 
The pattern for XAU/USD is a choice between an extending Primary wave [3] and the impending end of the bull super cycle due to the expected upcoming (1) turning out to be [5]. The current choice is favored due to several gold related instruments being in need of an extended [3].  

 

https://wavecount.bl.../04/xauusd.html

 

xauusd-120-120520.png

 

amplius venire

 

shortage.jpg

 

Hello Snippit...Been locked down in UK, boring, at least you can buy beer here :) Looking at buying some gold shares on a dip... Made back my cfd loss on Imp, but only buying equities to trade now, my cfd days are over..Keep safe


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#46 Snippit

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Posted 12 May 2020 - 10:37 AM

XAU/USD   
This 2-hourly chart sees a symmetrical triangle nearing completion. It has a Minor wave 3 of  less than Minor 1 which requires a Minor 5 to be less than Minor 3. The likelihood of this is supported by the expectation for the break out target from the triangle. 
The pattern for XAU/USD is a choice between an extending Primary wave [3] and the impending end of the bull super cycle due to the expected upcoming (1) turning out to be [5]. The current choice is favored due to several gold related instruments being in need of an extended [3].  

 

https://wavecount.bl.../04/xauusd.html

 

xauusd-120-120520.png

 

amplius venire

 

shortage.jpg


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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#47 Snippit

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Posted 29 April 2020 - 11:23 AM

JSE, New Gold, GLD (ETF)
Update 29th April: This perspective sees Intermediate wave (3) negotiating Minor wave 3. The pullback here is not expected to exceed a Minute degree of wave order. The unprecedented circumstances show no signs of going away anytime soon.

https://jsecharts.bl...ld-gld-etf.html

 

gld-d-290420.png

 

hic est hodie cras abierunt

 

caveman.jpg

 


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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#48 Snippit

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Posted 25 April 2020 - 11:37 AM

XAU/USD w/ update
This 15 minute chart sees Minor wave 1 with good impulsive form and wave 2 with good corrective form. Assuming that wave 2 has concluded, the action is expected to be stepping up the pace..

 

https://wavecount.bl.../04/xauusd.html

 

 

xauusd-15-240420.png

 

imperium tuum pecunias velit

 

bare.jpg


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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#49 Snippit

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Posted 22 April 2020 - 09:17 AM

XAU/USD
Indicators give the high probability notion that Intermediate wave (2) or A has now concluded.

https://wavecount.bl.../04/xauusd.html

 

xauusd-120-210420.png

 

quaerere argentum oblinit

 

zep.jpg

 


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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#50 Snippit

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Posted 16 April 2020 - 09:25 AM

XAU/USD, Spot Gold
This weekly analysis reverts to the simple form for Primary wave [2] with a leading diagonal for Intermediate wave (1) and is also looking for [3]

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

 

xauusd-w-160420.png

 

In pupillam oculi mei

 

 

 


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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#51 Snippit

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Posted 15 April 2020 - 12:17 PM

JSE, Gold Mining Index, J150
This chart is showing the Gold Mining index index which has entered Intermediate wave (5) with gusto. The ragged pattern deconstructs into another ending diagonal. The 3rd movement has taken respite at the 27.2% extension of Minor wave 1. The RSI can accommodate a full 4th wave with ease which advises caution with the natural expectations of a minor blip here. A full 4th wave is typically expected to emulate wave 2

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

 

j150-120-150420.png

 

An overview is at the above blog link.

 

non venerunt se simul

 

tracks.png


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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#52 Snippit

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Posted 08 April 2020 - 12:10 PM

XAU/USD Spot Gold ($US/Oz) updated 8th April
 
Following up on the previous presentation for a compelling completion of Primary wave [4]
Now tracking the progress of Intermediate wave (1) of Primary wave [5] and approaching a prospective double top location for (1). However, with political talk of even more $US Trillions being thrown at the various economic disasters this ride can get very very bumpy. 
A period of consolidating consideration is expected to be reflected by Intermediate wave (2) with target 4. However, due to an expected eventual realization that the economic collapse has extremely deep consequences there is a corresponding driver for an ongoing bull trend for gold. 

 

 

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

 

xauusd-120-080420.png

 

manducare magis holeribus

 

choppy.jpg


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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#53 Snippit

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Posted 01 April 2020 - 11:38 AM

JSE, New Gold, GLD (ETF)
This daily chart suggests the Intermediate wave (3) of Primary wave [3] has now negotiated its mid-wave transition into an extension. It sees wave (1) as a leading diagonal with component wave being an overshoot. It finds that a wave (3) of 1.62 (1) shares its target with a 1.62 x for the extension of Intermediate (3). This picture is looking for Primary wave [3] to be more than 2.27 of wave [1].

https://jsecharts.bl...ld-gld-etf.html

 

gld-d-010420.png

 

Cum morum bona vincit

 

gdp%2523.png


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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#54 JR7800

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Posted 26 March 2020 - 11:33 AM

What am I missing on the gold miners shares? Surely this cannot be right?

 

If this abnormality is the new normal I don't think I want to be part of this. It is making no sense and it is f-ing up my budgets and cash-flows.

 


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#55 Snippit

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Posted 26 March 2020 - 11:05 AM

XAU/USD Spot Gold ($US/Oz)
This bullish view of the chart of weekly spot gold modifies the wave count but still sees the recent correction as a mid-wave 3 transition to extension. The first leg of the expected extended Intermediate (3) can be seen either as a 5-wave impulsive without alternation or as an extended arrangement of impulsive patterns.

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

 

xauusd-w-260320.png

 

comede bibe epulare

 

bounce.png


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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#56 Snippit

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Posted 25 March 2020 - 02:56 PM

Ok, so gold shares up yesterday and today. It still don't really get this. Even if the Gold goes to R1mil an ounc, if the mine is closed, you get noting and most mines already took out hedge/forward cover at certain prices.

 

I still think the gold mining shares should go down massively. Just my opinion which in these markets does not make sens to me at all. I don't know what to think anymore?!?!?!

 

The loss of a few weeks production can usually be made up quite quickly if there is higher grade kept in hand for the purpose. The fundamental valuation of a mining company is based on the extent of proven reserves in the ground that are feasible to extract at a cost that is prospectively leaving good room for an ongoing  river of profit. Hedges are manageable. On the other hand punters tend to chase momentum more than fundamentals and assume that the big boys have done their homework.


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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#57 JR7800

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Posted 25 March 2020 - 10:13 AM

Morning all.

 

Gold had a flier last night but now with the shutdown in SA (including mines) what will Goldming shares do today? Up 20% or down 20%???

 

Any thoughts?

 

Ok, so gold shares up yesterday and today. It still don't really get this. Even if the Gold goes to R1mil an ounc, if the mine is closed, you get noting and most mines already took out hedge/forward cover at certain prices.

 

I still think the gold mining shares should go down massively. Just my opinion which in these markets does not make sens to me at all. I don't know what to think anymore?!?!?!


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#58 soutie

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Posted 25 March 2020 - 08:51 AM

Yes Watson, this proves that there is a form of intelligence out there somewhere. But does it have DNA or is it artificial?

 

Watson....Love it.... :D

Kinda leaning towards the artificial/engineered space...So lets see bud...I mean Sherloc...

 

& FTSE finished +9%....There's a lot of money out there....


Edited by soutie, 25 March 2020 - 08:52 AM.

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#59 Snippit

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Posted 24 March 2020 - 05:40 PM

Not quite following your logic..?????    FTSE up 5.6% as I type..

 

Yes Watson, this proves that there is a form of intelligence out there somewhere. But does it have DNA or is it artificial?


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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#60 soutie

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Posted 24 March 2020 - 05:01 PM

Cyril had the witch doctor put a magic circle around the JSE. Boris also done a BRIT lockdown but no magic circle and look what happened to his FTSE.

 

Not quite following your logic..?????    FTSE up 5.6% as I type..


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