Who would have thought that Wikipedia of all places would have accurate information concerning the political affiliations of higher corporatocracy CEOs vis a vis their US vs NWO preferences?
Mind you, I don't think this was how the .. err ... respected official contributors .... expected I would instantly parse their timely update:
Aaah, celebrity divorce is such a bitter parting. But As the curtains get torn down to split divide between the disaffected former partners, we sometimes get to see things they prefer we didn't.
Not quite the same as seeing the IMF's birthday card mailing list, but it will have to do for the moment.
How about Gold and a Solar Eclipse, how about stockmarket and a Solar Eclipse?
Totally irrelevant, I don't know I do not have access to good charts with a lot of history data a qualified guess is that Gold makes a high tomorrow or on Monday at 1307 and a low at the 6th of September a Full Moon.
Looking at the Gold chart, maybe we are repeating wave1, they are very similar imo.
I am tempted to just sit back and watch, doing nothing ... waiting for a bigger inflection coming in September (gold stocks) and October (common stocks).
I missed getting filled on 08/08 at 1250, but caught this wave at 1270. That was a nice bullish impulse yesterday. I was looking at relative volatility the other day and noticed it bottomed at a higher low in late June (something in the market changed). That got me thinking...if you take the 12/2016 low and that small squiggly little high on 06/23 to generate a Fibo fan, that might be similar to my bottom fan for the bull case.
Too busy with real time to give your posts any consideration right now...
Silver is m3 60m upside, and gold will do so into the next hour (11:00 ET). This is a filter I devised to keep me safer in the market and it doesn't always work...
But clearly, so far, there is a shakeout pattern in both, and this means topping action most often after such a run.
Maybe topping just for the day. I mean, I think the daily highs were made last night...
Looking for gold in next hour at 1294...
new high possible in gold, to hit the min2 daily mlh at 1296.40? (just missed last night). still a shakeout pattern. will trade if 60m or 15m reversal presents, with low risk, etc.
perhaps gold will recover for a few hours, then get hit again.
the 15m chart shows the reversal then smash--the risk was small.
but gold seems to recovered (?) for the moment with a longish-tail hourly bar
we shall see how this works out...if the 15m trade (min 2 60m for p2) works out, perhaps next time I take it with rapid exit on part of the position..
maybe silver's m3 pivot is a timing factor...for gold
(one of them did it)
Per previous post, Au price with relative volatility (RVI)...one of them is not like the others, can you spot the odd one out?
haha Tx UncleFester, Luna-Tics all boxes I've earned a little bit of cash this summer trading Gold-certificate by Lunar cycles. If you had asked me a year ago I would have thought it was pure nonsense.
Solar Eclipses, I think Argentus pointed this out in an earlier post. It's like igniting a fuse and after x days BOOM!
Looking at the stockmarket it's retracing right now so maybe a turn late next week? We still got wave 5 to be executed at least in Swedish index. Look at the movie, I think a rocket launch is about to happen in stock markets a final blow off top maybe.
It doesn't look like price will wait until September! Assuming 1270 or 1285 as the new magnet, this bull run should eventually reach the 1330-1360 range IMO.
arent going anywhere until silver gets above 20.
This is all very dramatic, thanks for the show. If price closes near 1295, is anyone here going to hold over the weekend?
American indices searching for a wave 4 bottom, I think this Solar Eclipse combined with a New Moon on Moonday has the potential to be something big.
Looking at Lunar cycles Gold has a tendency to top at New Moon, so probably a top today or on Monday.
The Solar Eclipse has a delayd detonation. It’s igniting the fuse so to speak, then after X days we will get an upmove possibly an explosive one.
Wave 4 and a final wave 5 to come, note the length of wave 3:
I think I will just sit back and relax, watching the action for a couple of months. Meaning I hope UncleFester is right about his call and I am wrong. I've been bullish all summer why change direction now? I've got a nice profit in Yamana, maybe it's a wise thing to sell some of it, but in the next sec looking at a longterm chart ... hell no!
Next week should be interesting. Have a good weekend everyone.
I think there's a better than even chance that Dec gold will now follow the path illustrated by this EPF scenario for a large corrective pattern, shown in weekly bars. This possibility remains unless gold can get a tick higher than Friday's top, which was a tick under the April 17 high for the contract.
So there might be a bottom as early as 5 weeks from now.
If this pans out, it sets up the "mother of all buy signals" or, is the "setup for the big trade."
$gold now shows a possible epf top in place, which often leads to a strong move the other way. Note the volume reversal signal.
On the Dec gold daily chart, gold failed to reach the latest ml, and closed the day under the mlh Friday. This is a very bearish signal at this juncture, whether coming at a possible w.d in a complex correction or the ending epf $gold top--at the ML x 2P of the weekly pivots as shown. The daily bar of course is a reversal bar to the downside, and it's that way on the weekly chart too.
Maybe the bulls will make another charge hoping to break through and trigger buy stops soon. But I'd day the odds are strongly against a breakout now, given what has actually happened. Friday's price action will, I believe, precipitate an unwind of spec long positions, taking price lower for some time. Continued w.3 weakness in the stock market will probably add to the selling pressure in gold.
If you get some time this weekend, check out #10284. I would be interested to see if a regular Fibo fan, it might be more accurate.
U.S. warship collides with merchant vessel east of Singapore 21 August
Interesting sidenote, that headline was edited soon after to read: U.S. Navy says USS John S. McCain sailing to port under own power.
Tens of thousands protest in Hong Kong over jailing of democracy activists 20 August
Factbox: The investigation into Barcelona attack 17 August
At least one dead as white nationalists ignite Virginia clashes 12 August
NKorea - ongoing
argentus maximus wrote: August 10, 2017 - 8:38pm G-V rising. Making high 2 days from today ... 12th August. Staying up after that. It remains high for weeks. More than a month. Now through and past end of September. August: Higher highs on that elevated plateau are 12th, around 20th and end of August into early Sept.
G-V rising. Making high 2 days from today ... 12th August. Staying up after that.
It remains high for weeks. More than a month. Now through and past end of September.
August: Higher highs on that elevated plateau are 12th, around 20th and end of August into early Sept.
argentus maximus wrote: August 11, 2017 - 5:21pm G-V says Sept is one long lunatics-in-power-fest from start to end. And into October too. If I have to pick crisis moments, from out of the big extended crisis .... 3, 11, 16-17, 21,27. So the 11th is in the hot periods. But based on what I think this means that's like saying the building is on fire for a month and we will hear extra sounds from within on those particular days and the 48 hour periods around those days. "V" effect is skyhigh and then spikes higher after the 20th Sept and stays there. If I pick out 21st-22nd and 24-27th as being even worse than the rest, this can be misleading as it causes a diminishment of the craziness for the other times. They probably will contain more violence than the preceding setup period. ..... Seven weeks ahead of now! Let it run and we'll see end of September how it went.
G-V says Sept is one long lunatics-in-power-fest from start to end. And into October too.
If I have to pick crisis moments, from out of the big extended crisis .... 3, 11, 16-17, 21,27. So the 11th is in the hot periods. But based on what I think this means that's like saying the building is on fire for a month and we will hear extra sounds from within on those particular days and the 48 hour periods around those days.
"V" effect is skyhigh and then spikes higher after the 20th Sept and stays there. If I pick out 21st-22nd and 24-27th as being even worse than the rest, this can be misleading as it causes a diminishment of the craziness for the other times. They probably will contain more violence than the preceding setup period.
..... Seven weeks ahead of now! Let it run and we'll see end of September how it went.
This is 9 days into the period. 6 weeks to go.
Last night price reached lower to the far h of the 3-4-5 channel, where it reversed. Price had declined sharply without any hourly highs being broken; so after the reversal bar, when the second bar of the evening trade broke the top of the first, the pattern was broken, and an uptrend was likely. Price did decline to touch the new mlh in a sudden spike down (in the third bar), a matter of seconds. If you didn't have a buy order in, there was no way to catch it.
Since there was a zoom at a/1, the reliable strategy is to sell a b/2. Generally we expect the market to retest the 1/a low after b/2 occurs, given the zoom.
With the zoom down it is also natural that price will try to come back to the zoomed ml. In a sudden move up, price went beyond the zoomed ml and stopped a few ticks above the 0-4 trendline. The 0-4 is typically a good place to reverse positions especially if other support is nearby. The 62%R level of the sharp decline was near.
That short trade hasn't gone much of anywhere yet.
2p line was drawn from 5 to b/2, and generally it should hold the 60m closes. If it does not, the market is stronger and b/2 would likely be taken out.
A 0-1 center line was drawn through the hourly closes (not the extremes), and the action point close was used to draw a reaction line (blue, on the right side of the price action so far). Generally speaking, the odds are much better that b/2 is in place if it happens inside that line. Sometimes prices move sideways into it and then react (lower). So far it has not been touched.
Profit taking points include the r1 line of the 5 wave rally, the lh of the channel that was support for a/1, and also possibly the new lh from the 4-5-a fork (a little below price).
Prices of course did not reach the ml from 4. If the market is to go lower, breaking that lower h must happen.
Bulls appear to be trying to create a triangle on the side after the possible b/2, with upside breakout to new highs for today's rally. Bears want to protect the b/2 pivot and get a movement in a c/3.
Price moved 13.5 pts, in the ~79% frequency range.
Updated snapshot as I send.