Goldtent TA Paradise

Gold Elliott Wave By Daneric

1. pedro_deleon says:

   January 2, 2016 - 3:08 pm at 3:08 pm

   Similar, but quite different.
   Dan has this as pink 1 and 2. But Dan doesn’t go back further to detail where the pink 1 started from.
   $250 was clearly a higher low, not the BOTTOM, if you go back further. Most don’t seem to think it matters, but it does, critically.
   Still, Dan was one of the first to mark the highs with his 2010-11 wave tracking. In real time.
   Avi Gilburt is also on some kind of 1 and 2, but sees 2 ending SOON. No ABC. He makes his work public from time to time.
   Kurt H and Tom P at Trading on the The Mark are also on my count. They make their work public now and then.
   There’s an Iranian at ElliottChart.com who is also on my count. But his site is down as of a week ago.
   And Sam at MexicoMike is also on my count, with modest differences.
   But all of these counts likely hinge on the dollar, Fed policy, and how the debt cycle unwinds — in managed fashion or chaotically.
   Since the world is awash in dollar debt, and incomes are cratering, I don’t see how the unwind can be resolved without another Lehman or two.
   That’s my premise. If you believe otherwise, you’re certainly entitled to a different count for gold and everything else.

2. pedro_deleon says:

   January 2, 2016 - 3:12 pm at 3:12 pm

   Here’s a recent count by Kurt and Tom for XAU

   http://www.safehaven.com/article/39897/gold-and-silver-index-can-still-go-lower

3. Fullgoldcrown says:

   January 2, 2016 - 4:08 pm at 4:08 pm

   Wow 1500 this year then down to 450….that’ll kill sentiment

   • Bikoo99 says:

     January 2, 2016 - 9:25 pm at 9:25 pm

     Please FUlly. You read the chart wrong. Soon gold to go down to Rambus’s target 900ish (complete wave A) and then go up for few years (2 to 4)in wave B to 1500 and more and then down to $450 (wave c).

     What we need to do is to make money in this up wave B.

     • pedro_deleon says:

       January 3, 2016 - 12:09 am at 12:09 am

       Correct, on both counts.
       So to speak.