Loading ...Gold – Price and Time
This is a thorough examination of gold in more than one technical discipline.
The author is a professional having almost fifty years experience and I personally KNOW he’s made numerous incredibly accurate calls on gold, crude oil and the S & P 500 over the past ten years.
https://goldtadise.com/wp-content/uploads/2018/09/Gold-a-Closer-Look-09-18-18.pdf
Thanks for this Boobooman
Going to read it this evening
Interesting. Thanks.
That is Very Interesting and somewhat out of the box analysis. |very convincing as well
Thanks Boobooman….Compliments to Mr Larusso if you see him
🙂
Thanks BBM,
I had August 16th as a date of interest in Gold as it had a cluster pointing from the 2015 low. The same low in the miners hits Oct 2nd. See Chart
https://www.tradingview.com/x/glZngNXS/
Gold and the miners bottomed 47 days apart (lucas 9) in 2016. Whether that correlation presents itself this time around will be interesting. If history repeated the miners will bomb out for 7 trading at 20% loss from 9-21. I obviously doubt that happens but I’ll watch. I’m not sure we have bottomed though as I still have bigger weekly dominoes hitting in last week of November and the bigger monthlies hitting in February. I believe I’ve shown that one to you before. One other reason i’m skeptical is because golds move was rather straight down without a counter trend move, that would be the first time i’ve seen that happen. But nothing is guaranteed so we watch.
Thganks again for sharing Mr. Lorrusso’s work