chiefywiefy Posted August 8, 2020 Report Share Posted August 8, 2020 5 hours ago, jp6 said: Was thinking around 17th. Like all previous spike in Silver it will come to an end. Unless we are looking at top like 2011. Gold Bounce today where I thought it would bounce from. In 2011 Silver made Top April and Gold in August. It could be like 2008 top. What ever it is there is No doubling from here. Most likely it's like 2008 top. will have more Cash before the 27th, that is what one will need to Buy the Panic bottom. Miners are not moving fast as silver or Gold. The 14th is a Friday, the 17th is a Monday. I like to leave a little early especially when a market has risen so fast. I got stopped out on half of my GDX position where I entered below 34. Keeping the other for LT. Silver COTs look good, better than gold. Still thinking another week upside so I’ll daytrade small positions. trading the full moon cycle? Link to comment Share on other sites More sharing options...
jp6 Posted August 11, 2020 Author Report Share Posted August 11, 2020 Gold is Likely to be low on 14/17 August. Link to comment Share on other sites More sharing options...
jp6 Posted August 16, 2020 Author Report Share Posted August 16, 2020 Link to comment Share on other sites More sharing options...
chiefywiefy Posted August 25, 2020 Report Share Posted August 25, 2020 Back to a full position in GDX this morning. Run to 50 coming Link to comment Share on other sites More sharing options...
jp6 Posted August 25, 2020 Author Report Share Posted August 25, 2020 Most Likely Gold should Bottom today or Early tomorrow unless $1890 is taken out. Link to comment Share on other sites More sharing options...
jp6 Posted August 25, 2020 Author Report Share Posted August 25, 2020 2 minutes ago, chiefywiefy said: Back to a full position in GDX this morning. Run to 50 coming You Just beat me. Could do with chart. It may help others if that is possible. Many thanks Link to comment Share on other sites More sharing options...
chiefywiefy Posted August 25, 2020 Report Share Posted August 25, 2020 Hit the 50 Last bottom from the 50 is around $32 topped around 45. Adding 13 to the 39= 50 + Link to comment Share on other sites More sharing options...
jp6 Posted August 26, 2020 Author Report Share Posted August 26, 2020 C wave isn't complete yet. Should end tomorrow. Link to comment Share on other sites More sharing options...
chiefywiefy Posted August 26, 2020 Report Share Posted August 26, 2020 5 hours ago, jp6 said: C wave isn't complete yet. Should end tomorrow. I agree. My 401k doesn't allow premarket so I try to be just a day or so early. The STO's in the chart above were a day or so from turning Link to comment Share on other sites More sharing options...
jp6 Posted August 26, 2020 Author Report Share Posted August 26, 2020 51 minutes ago, chiefywiefy said: I agree. My 401k doesn't allow premarket so I try to be just a day or so early. The STO's in the chart above were a day or so from turning Drop in the morning has completed the C wave $1945 will seal the deal. Link to comment Share on other sites More sharing options...
chiefywiefy Posted August 28, 2020 Report Share Posted August 28, 2020 Silver has a date with $34 probably when seasonality tops next year. Early March +/- ? Link to comment Share on other sites More sharing options...
jp6 Posted August 28, 2020 Author Report Share Posted August 28, 2020 All I am looking for is Double top around 2100 Then Will be out. When the wheels comes off, Nothing will be safe. Link to comment Share on other sites More sharing options...
chiefywiefy Posted August 28, 2020 Report Share Posted August 28, 2020 I'm looking for gold to hit 2380, pullback then onto 3600+. DOW to hit 37000. Either way I have trailing stops. Link to comment Share on other sites More sharing options...
jp6 Posted August 28, 2020 Author Report Share Posted August 28, 2020 1 hour ago, chiefywiefy said: I'm looking for gold to hit 2380, pullback then onto 3600+. DOW to hit 37000. Either way I have trailing stops. Unlikely. look at the Blue lines they are the Chanel lines. most likely it's resistance and any throw over will be temporary. then I will load up at the bottom. Gold is doing Wave B then C wave which should be fast down. mid September? Link to comment Share on other sites More sharing options...
jp6 Posted August 15, 2021 Author Report Share Posted August 15, 2021 I Sold everything in August and was expecting Santa Rally. Price action warned me that 2012 was in play and Price will hit 2016 Low again before another Bullish cycle will begin. What we have now is a Bounce and consolidation before Gold get sold again. Same bullish views out there like 2012 with Fed QE in operation. Best thing that can happen to PM would be that panic selling like 2008 or all other scenario's will take time before we see bottom. Going to seat it out until charts tell me to Buy PM. Link to comment Share on other sites More sharing options...
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