Gab
Long

GOLD IN PRIMARY WAVE 3

FX_IDC:XAUUSD   GOLD / US DOLLAR
146 0 6
Options expiration in Silver             today and Janet speaking at Jacksonhole tomorrow are never going to be bullish for PM’s. I would be more worried if PM’s were rallying into Friday to be honest..
Confidence in the Central Bank’s leadership has dropped. Forget the rate hike in September.
For me, the last weeks in gold             were pure manipulation again. Thank you jawboning Fed goons!
We are in the Primary third wave in gold             .
This is typical of Gold             and all commodities .
The impulse begins more slowly and the correction is relatively time consuming in second wave corrections.
Momentum will builds towards the middle of the impulse for this third wave and will build further during the fifth wave ending in a blowoff top.
NIRP (Negative Interest Rate Policy) is a game changer.
Major countries are issuing negative rate bonds (more than $13 trillion in negative-yielding bonds).
You have no REAL recovery.
Deflation, stagflation, hyperinflation are good for gold             .
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out