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To: gold$10k who wrote (58474)12/23/2018 10:35:06 AM
From: SwampDogg  Respond to of 60899
 
Nice stuff

some measurements using the $1377 as the top of the range

$1377-$1045 = $332.00

1x = $1377+$332=$1709

1.61x = $1911

2x = 2041

Interesting how the targets jive with previous R

Many think $1400 will be a tough level to break. It might be but based on the wave structure it may not be. One might expect a move up much like the move down in the general market with no breaks right to the $1709. Something like a Fed firing would do it



To: gold$10k who wrote (58474)12/23/2018 7:04:19 PM
From: stuffbug  Respond to of 60899
 
gold$10k, good analysis.

In my work, I focus more on the weekly and daily charts and use the monthlies as a supporting tool.
The weekly gold chart became bullish (buy the dips) when it closed above $1208 in early October.

Michael Oliver of Momentum Structural Analysis (provider of institutional research for more than 20 years) very recently publicly stated that the gold market should begin to take flight once the price surpasses $1280. I had been targeting the $1275 - $1280 area, based on several indicators and factors.

The bandwagon crowd will probably jump aboard when $1360 is taken out; they will have missed 3/4 of the first move up from the 2018 lows.



To: gold$10k who wrote (58474)12/23/2018 8:58:36 PM
From: Andrew  Read Replies (2) | Respond to of 60899
 
Yuan Gold weekly and monthly.




To: gold$10k who wrote (58474)12/25/2018 7:45:49 AM
From: golfer72  Respond to of 60899
 
Well done 10K!



To: gold$10k who wrote (58474)3/11/2019 6:24:30 PM
From: benwood  Read Replies (2) | Respond to of 60899
 
Still off exploring yonder lands?

My scratched up crystal ball says brighter days ahead. I think there's a reasonable chance that final low for this correction will be on the party hardy day March 20th, so the world thinks fiat is indestructible, at least for a couple days.

Then I think the path will be clear for a run at 1400+.

This last push over the past few months did not have miners decoupling from the metals -- same gains on the whole. I think the next push will show miners believing a lot more.