Loading ...Meet me at The Inn
Fully’s Fearless Freediction
The Correction Bottomz Inn
It’s a Bull Market !
We already saw a 50% retrace…that’s more than enough in a Bull Market the 50 DMA is strong support in a Bull Market and is rising quickly
The TSI has already massively “reset” enough
T’Will be the September to Remember !
Don’t let Your Ass Get Left Behind at the Bottomz Inn
You do like to stir the pot, Sir Fully.
Nice arguments, I agree it is possible bottom is in and the 1880/1900 level will be remembered as the level to watch the coming months. We could go up again the next weeks towards $2250 in Gold and test that 1900 level again afterwards. Nobody ever said it would be easy being long gold. Too many bears right now.
^HUI 3.18 seems to be holding…
Hm 318 that is…
Actually, I am looking for a final “toilet flush” to occur between now and next week. Would love to see Gold around 1865 and Silver between 21-22.
The Toilet has Flushed already…we have the Plunger
Nice!
Good chart, Fully
Gold is now due for its next, longer term, Intermediate Cycle low (ICL) and is in my timing band to do so. It is possible that we could see one more spike high but it is more likely we will see just a retest of the recent highs before rolling over into the next ICL (into late September or perhaps October).
In any case, Chartmaster’s targets above are very similar to what I am looking for which will be another great buying opportunity.
On a daily look at the volume bars on GDXJ GDX. Nothing special. Now look at JDST DUST. Massive.