Goldtent TA Paradise

What’s Next…..

1. Odd Job says:

   August 4, 2017 - 5:08 pm at 5:08 pm

   I hope so MM but I think as always it will be harder for us yet! As we know, the miners never do anything the easy way! Mind you if they behaved like the SM we would probably not be as interested 🙂

2. Fullgoldcrown says:

   August 4, 2017 - 5:10 pm at 5:10 pm

   Music Man…I believe it is the beginning of a surge..

   ..a Dollar Surge.

   PMs did not really perform while the dollar crashed…lets see if they hold up now that a bottom appears to be forming

   Dicey here at best

3. Northstar says:

   August 4, 2017 - 5:23 pm at 5:23 pm

   I agree with Fully. I expect gold to test $1180 before finally breaking out. The dollar may well climb to 98 and the HUI may fall to around 180. That’s my take anyway.

4. pedro_deleon says:

   August 4, 2017 - 6:09 pm at 6:09 pm

   1180 at a minimum.
   My weeklies are pointing to at least a 3-4 week move lower … though not straight down.
   But I just went through the NYSE monthlies, and some of them are suggesting a protracted decline into EOY. Yes, its a mixed bag and more than a handful of issues are OS already (on the monthlies!). But others are OB and vulnerable. And some like XRA could go higher on their own based on my charts.
   In EW terms, I would be concerned about us having just finished a lateral triangle from Dec as b “up”, and starting on a c wave over the next 4 months, where this is the start of i of c. Sam disagrees with me on this outlook (he posted precisely on this question intra week), but my highest confidence is always in my own work first.