Posted by fredsaid on 25th of Apr 2023 at 08:59 pm
Sold my USDCAD long and DUST today. Looking to get long
GDX, GFI and GOLD now for the sell in May and Go Away rally.
When the fed raises again in May and/or if the SnP gets above 4300
... that's all she wrote. Then the green back rallies in the
summer (For maybe it's FINAL EVER HURRAW) , GDX, GOLD and company
have a proper summer sell off before they really take off in August
and a little later in October the Fed cuts rates and then
everything will be GOLDen. Just one scenario in my mind.
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EW analysis of GDX: https://www.youtube.com/watch?v=xYGKJWjQWMY
Posted by junkie on 25th of Apr 2023 at 07:41 pm
EW analysis of GDX: https://www.youtube.com/watch?v=xYGKJWjQWMY
Sold my USDCAD long and
Posted by fredsaid on 25th of Apr 2023 at 08:59 pm
Sold my USDCAD long and DUST today. Looking to get long GDX, GFI and GOLD now for the sell in May and Go Away rally. When the fed raises again in May and/or if the SnP gets above 4300 ... that's all she wrote. Then the green back rallies in the summer (For maybe it's FINAL EVER HURRAW) , GDX, GOLD and company have a proper summer sell off before they really take off in August and a little later in October the Fed cuts rates and then everything will be GOLDen. Just one scenario in my mind.