Waiting for Lift-off…again
Surf thinks a big move is coming. So do I. I think it’ll be to the upside. Gold does have a way of making you wait though. The bottoming of this current intermediate cycle low has been tedious.
GOLDTENT ANTHOM
NUCLEAR WEAPONS ARE A FANTASY
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"CLIMATE"
1 PERCENTERS
GENDER TYRANNY
GETTING HOT OUT THERE IN ELECTION FRAUD LAND
CANADIAN TREES CLEAN 10 MORE CARBON
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YOU MURDEROUS HYPOCRITES
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* WELCOME *
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* WELCOME TO
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* VAXX INDUCED CLOTS
* ISRAEL BOMBSHELL
* MY SON
* WE WERE RIGHT
* WHERE'S THE RAGE ?
* CERTIFICATE OF ACHIEVMENT
* FUCK
* ACCEPTANCE / REFUSAL RATES
* STATISTICAL TRICKS
* COVID-19
* SUPERHEROS
* THERE IS NO CLIMATE EMERGENCY
* HOW SWEDE IT IS
* THE DEEP STATE
* THE BASIC LAWS
* TOM LUONGO'S THESIS
* THEY ( THE UNVAXXED)
* ADVENTURES OF GOLDBALLON
- **THE COMPLETE WORKS OF THE ADVENTURES OF GOLDBALLOON
- ARTIC SKIING IN RUSSIA
- AZERBAIJAN ROAD TRIP
- CHECHNYA
- COMPLETING THE LOOP IN TAJIKISTAN
- DIOMEDE ISLANDS : FROM USA TO USSR IN A BALLOON
- FAIRY MEADOWS
- FROM THE ROOF OF THE WORLD
- ISTANBUL AIRPORT ART
- KAMCHATKA
- LITHUANIA LOVES UKRAINE
- MIDNIGHT AT THE OASIS
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- MOROCCO
- MOROCCO2
- MOSCOW FEB 2023
- NECTAR OF THE GODS
- NORTHERN PAKISTAN
- ON TARGET FIXATION
- PARMIR MTNS TAJIKISTAN
- SEVASTAPOL CRIMEA
- SEVESTOPOL CRIMEA
- SIBERIA 2
- SKIING IN SIBERIA
- SPRING IN mOSCOW ( ANOTHER LOOK)
- ST. PETERSBURG RUSSIA
- STONED
- TAJIKISTAN
- TAJIKISTAN 6
- TAJIKISTAN PARMIR MOUNTAINS
- TAJIKISTAND MOUNTAIN CLIMB
- THE BALKANS
- THE CRADLE OF CIVILIATION
- THE INTERVIEW
- THE MIDDLE OF EVERYTHING
- THE STONES AND THE DOORS
- TIKSI SIBERIA
- TOP OF THE WORLD PART 2
- TREAVELS AT THE EDGE …MOROCCO
- TRUCK ART
- TURKEY 3
- TURKISH DELIGHTS
- TURKISH DELIGHTS
- UKRAINE 2015 …UNBOUNDED BEAUTY
- ULAN-UDE RUSSIA
- WINING AND DINING IN FRANCE
- YAJIKISTAN : GOING DEEPER
- YAKUTSK
- YAKUTSK SIBERIA
* UNINFORMED CONSENT
* GET YOUR IVERMECTIN
* FROM RUSSIA WITH LOVE
* CLIMATE EMERGENCY ?
WE ARE
* MASKS HARBOUR PATHOGENIC
* BAFFLED
* THE VACCINES CANT WORK BECAUSE
* BEST OF THE BEST
* NEW ZEALAND ADMITS VACCINE FAILURE
* MIKE YEADON
* WHAT IS A WOMAN
* THE WAR ON THE UNVAXXED WAS LOST
* FIRST A TRICKEL THEN A FLOOD
* SPIKE PROTEIN = CANCER
* WUHAN MILITARY GAMES
* ESCAPING MASS PSYCHOSIS
TOTALITARIANISM
* UNMASKING
* FREEDOM PASSPORTS
* OPTIMISM
* THE FREEDOM CONVOY
* RESPIRATORY VIRUSES
* WALLGREENS POSITIVITY RATE
* POWERFUL ANTI CANCER DRUG
* THE LYING MEDIA
* VACCINE COMPLIANCE IN THE USA
* NATURAL IMMUNITY IS KING
* 34% OF CANADIANS UNVAXXED
* DIFINITIVE ARTICLE
* COVID: ISRAEL VS PALESTINE
* THE THREE STAGES
* THE TRUCKS ARE COMING
* 100 MILLION AMERICANS
* GROUND ZERO
* TRIBALISM
* THE ZOOM CLASS
* COVID VACCINES CANNOT WORK
* HISPANIOLA
* CENTRAL AFRICA
* 400 STUDIES
* AMA CODE OF ETHICS
* HAND INSANITIZERS
* PUBLIC HEALTH
* WHO ARE THE VAXX REFUSERS
* MICROBIOPHOBIA
* ASYMPTOMATIC SPREAD
* REAL VACCINE EFFICACY
NATURAL VS ARTIFICIAL IMMUNITY
*DECODING THE NWO
PRE EXISTING T CELL IMMUNITY
THE SPANISH FLU OF 1918
THE ORIGINS OF COVID
POSTING INFORMATION
Or we could just crawl up
…or down. Anything can happen in these crazy markets. Anything.
I believe the big move will be up as well, but false breakdowns at major lows are common. $1220 to $1250 gold is quite likely first.
That could happen. But the attack this morning before the open was unable to produce the panic selling required to make a new low for this cycle. Gold has since recovered somewhat. The bulls are hanging in there for now.
I don’t use chartology. Nor EW except to communicate details of a future move as seen by others when they fit my general outlook.
Right now, looking at GDX, I’m on an intermediate countertrend bounce from last week.
Indications are that it COULD have a bit more life in yet. A few days perhaps.
BUT … also that it will fail. Soon and then for much of June.
I have a fairly reliable LT indicator, that ranges/oscillates -50 to +50. Rising above zero triggers a bull reading. SQQQ and other inverses recently did that.
GDX is at -36, up from -49 last month. So give it 2-3 months, perhaps.
Nothing ironclad, just tendencies of course.
GL if you see it differently.
NUGT cycles 29-42 calendar days low-low with last DCL 02 May so it is now on calendar day 19 and moving sideways and too late IMO to be making new highs during this cycle.
The last daily cycle was 29 calendar days long so this one may stretch out to mid Jun say 13 Jun before hosting a DCL so there is plenty of downside coming – be prepared!