Plebeian Tribune
Posted 10 December 2020 - 04:16 PM
Gold heading back down ?
When starting out to understand the Elliott wave theory you will be presented with the basic concept of 5 waves up (1 to 5) followed by 3 down (A to C).
Then you have the concept of waves within waves and the order of things.
Thats all you need to read the chart and see that this is being presented as a change of trend from bearish to bullish.
Plebeian Tribune
Posted 10 December 2020 - 10:46 AM
Plebeian Tribune
Posted 01 December 2020 - 10:39 AM
Plebeian Tribune
Posted 29 November 2020 - 12:16 PM
Since the release of Gold from the fix against the dollar in 1971, the chart has traversed four cycles and has been negotiating the fifth cycle since 2016. Each..
https://el834862649....d-spot-xau-usd/
Plebeian Tribune
Posted 24 November 2020 - 05:38 PM
Do we expect gold shares to track to a new lower base as we have seen over the past ten years or so....eg...could harmony return to r30 to r40 as profit taking and nerves grabs the market....have seem gold move either dorection over the years....any reason this could be dofferent this time round.....
I see not much chance of gold ever going much lower. The market is being juiced by the Fed. Now Yellen gets the nomination which means it will be even juicier. The US dollar is heading for lower and lower and lower. The future for gold is Primary wave [5]. See the chart below from 17th Nov, where bottom right gives target for Primary wave [4]. Although most if not all of the action is in the rear view mirror.
I will assume that you have no idea about Elliott wave theory. You can educate yourself here:
https://elliottwave-...tt-wave-theory/
The globalist agenda is kicking into higher gear. Markets transfer wealth from weak to strong. Economies are being systematically trashed in order to centralise control into corporates. They own the media and can take the minds of the masses anywhere they want. And that is exactly what is happening. Many big things shredding democracy forever backstage. But that's just another issue that requires some desire for awareness.
The Oracle
Posted 24 November 2020 - 01:39 PM
Plebeian Tribune
Posted 19 November 2020 - 10:13 AM
https://el834862649....ers-index-j150/
AngloGold Ashanti Ltd. (New York)
https://el834862649....i-ltd-new-york/
Plebeian Tribune
Posted 17 November 2020 - 04:12 PM
Already happening..
Plebeian Tribune
Posted 13 November 2020 - 07:30 AM
Member
Posted 11 November 2020 - 09:16 AM
What do you make of this message that I received?
"The pandemic lockdown has driven many new players into the online share trading arena. A new round of the con game has commenced. You will see new posters arriving on Sharechat in groups that also set up new threads and respond to each other with effortless drivel so as to increase the number of posts displayed against the fake character name and make them look like old hands. It is all done so as to dupe you. These fake characters have been created so as to form the bulk of the apparent users. They operate as actors on a stage that is directed for the purpose of duping you. Elaborate and seemingly insane, yes. What is worth so much mundane effort? Your money is worth it and they intend to take it from you. All of it and more. You are going to help them rob you because you are their mark and they are confidence tricksters. They depend on your total belief in them. Once they know that you want to believe them then you are done for."
Be very careful to throw around baseless accusations. Maybe instead you can help me understand how these "actors" end up taking your money?
Plebeian Tribune
Posted 10 November 2020 - 02:44 PM
Say what now?
What do you make of this message that I received?
"The pandemic lockdown has driven many new players into the online share trading arena. A new round of the con game has commenced. You will see new posters arriving on Sharechat in groups that also set up new threads and respond to each other with effortless drivel so as to increase the number of posts displayed against the fake character name and make them look like old hands. It is all done so as to dupe you. These fake characters have been created so as to form the bulk of the apparent users. They operate as actors on a stage that is directed for the purpose of duping you. Elaborate and seemingly insane, yes. What is worth so much mundane effort? Your money is worth it and they intend to take it from you. All of it and more. You are going to help them rob you because you are their mark and they are confidence tricksters. They depend on your total belief in them. Once they know that you want to believe them then you are done for."
Member
Posted 10 November 2020 - 08:30 AM
Oh yes!
Try as they will the unwanted one still persists!
I do not appreciate your total lack of acknowledgement of my input.
Never have and never will.
That goes for all of your ilk with unending and mutual disrespect.
Say what now?
Plebeian Tribune
Posted 09 November 2020 - 06:39 PM
What a brutal end to what was a pretty good run for the gold miners. GFI has plummeted over the last two hours, wiping out all the gains from the last few days.
I had just reached breakeven on GFI this morning and was hoping the gold price run would last another day or two...but something just had to come pull the rug out from under me.
The market is a cruel mistress.
Oh yes!
Try as they will the unwanted one still persists!
I do not appreciate your total lack of acknowledgement of my input.
Never have and never will.
That goes for all of your ilk with unending and mutual disrespect.
Member
Posted 09 November 2020 - 02:55 PM
What a brutal end to what was a pretty good run for the gold miners. GFI has plummeted over the last two hours, wiping out all the gains from the last few days.
I had just reached breakeven on GFI this morning and was hoping the gold price run would last another day or two...but something just had to come pull the rug out from under me.
The market is a cruel mistress.
Member
Posted 09 November 2020 - 09:44 AM
Thanks for the chart, will be interesting to see how it holds up today. I am very wary of the gold price at the moment, it could swing either way thanks to the situation in America - if trump decides to make is last days in office a nightmare then that could very well fuel the gold price.
Plebeian Tribune
Posted 09 November 2020 - 08:23 AM
Member
Posted 28 October 2020 - 02:32 PM
Gold price seems to be falling quite rapidly...mining shares are being hit quite hard. My timing was definitely off jumping into GFI and SSW.
Plebeian Tribune
Posted 24 October 2020 - 06:22 PM
This weekly view of the relatively sanguine XAU/GBP correlates quite adequately with the more radical XAU/USD and also with most of the more established gold miners. Primary wave [3] is of the expected and more sober Fibonacci relationship with Primary [1]. The expectation is monumentally more of the corrective same for a wee while, which suggests an ongoing though delicately and pleasantly splashing cascade of margin calls.
https://el834862649....ss.com/xau-gbp/
Plebeian Tribune
Posted 22 October 2020 - 04:35 AM
XAU/USD
In this evaluation the Primary wave [4] is seen to be extending..
https://el834862649....ss.com/xau-usd/
elementa exordii
