JPow didn't do Gold any favours last night, and a strengthening ZAR/$ isn't helping. ANG is close to it's last line of defense @R290 ... below R290 there's nothing but air holding ANG up above R267, and in the distance beyond that R230. Could go any way from here - next R30 seems 50/50 either up to R320 or down to R260, but it's looking weak hiding under all ...
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Please like and share if you appreciate this market update. We are certified Elliotticians and publish Elliott Wave counts for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. We also answer all our questions regarding Elliottwave! Cryptos are updated every day of the week and on Saturday, if necessary. Traditional assets...
Please like for support. GOING FORWARD, MY GOLD POSTS WILL LOOK LIKE THIS. Notes: 1. Barring some unusual geopolitical event, we are NOT seeing numbers above 1850 for a while longer. 2. 1900s look like June now. 3. 2050s look like July. 4. 2350s look like September, yes THIS september. 5. Have a good week.
Please like and share if you appreciate this market update. We are certified Elliotticians and publish Elliott Wave counts for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. We also answer all our questions regarding Elliottwave! Cryptos are updated every day of the week and on Saturday, if necessary. Traditional assets...
Generally speaking, I'm a premium seller, taking advantage of high implied volatility to sell options to take a position in an underlying without actually getting into shares of stock. GLD, however, isn't particularly known for its volatility and therefore isn't the greatest standalone premium selling play. As of the writing of this post, 30-day implied is at...
PLEASE LIKE FOR SUPPORT. THIS IS WHAT I SEE AS OF NOW (Post notes in 10 mins). Notes:
Please like and share if you appreciate this market update. We are certified Elliotticians and publish Elliott Wave counts for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. We also answer all our questions regarding Elliottwave! Cryptos are updated every day of the week and on Saturday, if necessary. Traditional assets...
Please like and share if you appreciate this market update. We are certified Elliotticians and publish Elliott Wave counts for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. We also answer all our questions regarding Elliottwave! Cryptos are updated every day of the week and on Saturday, if necessary. Traditional assets...
WATCHOUT FOR FOMC RUGPULL Don't have a bunch of time so: 1. This is generically what it shows right now (regressions combined with Elliot Waves) 2. Needs wave 5 to complete 1-2, 1- 3. And then goes into pullback to 4/27 to complete 1-2, 1-2.
SO PART 1 IS READY. PART 2 WILL BE READY TO READ WHEN PART 3 IS POSTED. In this chart: A - trendline connecting 1981 and 2011 highs B - trendline connecting 2011 and 2020 highs C - trendlind connecting May 2019, March 2020 and March 2021 lows D - all time high resistance E - slope of last 600+ point move low to high F - slope of support for said move to be...
FOR SERIOUS PEOPLE ONLY Since this is "PART 1", I am obviously planning more parts to this. Because of the chart intensive nature of what I want to portray, THIS SHOULD NOT BE READ NOW (b/c it is not complete), THIS SHOULD BE READ WHEN I POST "PART 2". So if you are viewing this now and there's nothing to read, come back and READ PART 1 WHEN I POST PART 2. ...
Notice this blue 0.5 Fibonacci retracement confluent with the base channel's support. We had a front run of the 0.5 for submicro W2 so gold must maintain its bullish pace and bounce again soon. A hidden bull would be welcomed. Being patient is key after bottoms on the high timeframes. Please like and share if you appreciate this market update. We are certified...
Please like and share if you appreciate this market update. We are certified Elliotticians and publish Elliott Wave counts for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. We also answer all our questions regarding Elliottwave! Cryptos are updated every day of the week and on Saturday, if necessary. Traditional assets...
Forecast: The bullish counter trend Zig Zag pattern might finalize the C-wave this week and reverse to the downside. If it is only a narrow correction or beginning of a new bearish down trend, I can't say, yet. The fib, extension levels 1,27, 141 have been taken out. If bulls have the upper hand they might push price action to 1,618 @ ~1805 before price action...
MAN. PLAYING WITH #GOLD #MINERS #GDX #NEM #SLW #GG WE APPEAR TO RENTERING A BULL MARKET FOR YOU LONG SUFFERING GOLD BUGS PART 1