Now we develop a more accurate prediction of the trading symbol below.
Now you can see CDE is going to follow this chart and make a W-bottom. This is a close up version to the LT chart I made about 1 month ago. My guess for the CDE bottom is the lower shoulder at $4 that it never tested.. CDE was up like 400% to 500% in 2016? The alternate reading is a HnS up to $20.. and a big crash in 2019.
Here is one that lines up with CDE (bottoming in July) and topping out in Summer? Scary coincidence. If AUY does this, it should make a lower low after summer. 3rd drop is lowest.
When you look at CDE you just know something is wrong. What is sad is CDE hits the bottom in July.. And that is when Silver is suppose to be $24?
HMY must be pricing in Gold correction early. A retrace to channel with a big wick changes my mind on Hmy.
You have to explore other possibilities.
I was just fiddling with the down channel for the 4 month USD top.. a top big enuf to rival a 4 month Gold top from last summer. What do you think of the prices?
We're about to breakout of the Inverted head shoulder for the (#3 head).. which should be significant up move and retest for 4th bottom. I marked all the important dates.
Says this Sept is the Gold peak. It also says Sept 2021 is the start of a new bull market. I marked the dates. What is that yellow line? That is the breakout and retrace for this year.
Now that we can see what it is.. we can react to it.
The alternative didn't pan out... they say to buy when the neckline breaks. Hopefully we get a nice bull flag forming above it.
We're getting whipped around by USD.. no way to predict what is next.
Here we go again.. this time in a bigger down channel. Channel broke and is not in a down channel.
Have to be adaptive when it comes to Charting.
The USD delayed the Feb 27th and now its says March 7th.
My first time discovering one...Inverted head and shoulder in the channel.
Going to make a head on the shoulder now. USD delays us 3 more weeks.