Posted by goldnice on 23rd of Jun 2021 at 01:40 am
WPM.TO Silver Streamer. In the process of forming a classic
{H&S} bullish bottom reversal. We are currently trying to
hammer in the {Right Shoulder}. $59.49 triggers long. Initial stop
would be placed at $56.
Posted by goldnice on 22nd of Jun 2021 at 09:51 pm
GBTC Bitcoin Trust. Weekly Chart. Currently still in a major
{Wave 4} correction. The target for a {Wave 4} bottom could be the
lower rail of the {pitchfork} so the $24 low could work. As long as
we stay above the major {Wave 1} top at $17.40 this count remains
valid.
Posted by goldnice on 22nd of Jun 2021 at 09:41 pm
OGC.TO Gold Stock. In the process of forming a classic {C&H}
formation. We are currently trying to hammer in the {Handle}. $2.75
triggers long. Initial stop would be placed at $2.50.
Posted by goldnice on 22nd of Jun 2021 at 09:24 pm
MAG.TO Silver Stock. In the process of forming a classic
{H&S} bullish bottom reversal. We are currently trying to
hammer in the {Right Shoulder}. $29.30 triggers long. Initial stop
would be placed at $28.
Posted by goldnice on 21st of Jun 2021 at 03:01 pm
CPG.TO Oil Stock. In the process of forming a classic {C&H}
formation. $5.89 triggers long. Initial stop would be placed at
$5.10. Oil stocks setting up.
Posted by goldnice on 18th of Jun 2021 at 09:43 pm
GDXJ Jr Gold Stock ETF. Weekly Close. Morphing into a large 8
month long {H&S} bullish bottom reversal. The Elliott Wave
count adds more evidence with the major {Wave 2} low hammered in at
$43.24. Major {Wave 3} is subdividing and we are looking for a
minor {Wave 2} low now.
Posted by goldnice on 18th of Jun 2021 at 08:26 pm
DJIA Weekly Close. Notice how this {Wave 5} bull market blowoff
top has subdivided into it's own 5 wave fractal structure which is
standard policy. Target for a {Wave 5} top is around $36k but it
could of already been hammered in at $35.1K. It's amazing
what $24 trillion in global government printing can accomplish.
Inflation is 5% and climbing and Interest Rates are 0%. Something
has to snap here. SDOW SQQQ SDS TZA
Posted by goldnice on 17th of Jun 2021 at 11:09 pm
Wall Street legend Dr Michael Burry's tweet from 2 days ago.
Someone must have showed him that famous margin debt chart that has
been passed around Wall Street circles which shows margin debt from
2020-2021 increased 2 standard deviations above the mean. The last
2 times that happened in the past 30 years was 1999 and 2007. Two
orders of magnitude and two standard deviations above the mean.
Posted by goldnice on 17th of Jun 2021 at 10:34 pm
XGD.TO Gold Stock ETF. Beautiful {H&S} bullish bottom
reversal setting up here. The Elliott Wave count is further
evidence of the potential here. Notice how major {Wave 1}
subdivided into it's own 5 wave fractal structure. As long as we
stay above $16.66 it's valid. GLD GDX NUGT
Posted by goldnice on 17th of Jun 2021 at 09:55 pm
FR.TO Silver Stock. What we could be witnessing here is a
{H&S} bullish bottom reversal setting up. Currently we are
trying to hammer in the {Right Shoulder}. As long as we stay above
the {Double Bottom} low at $18.19 this formation remains valid.
$22.74 triggers long.
Posted by goldnice on 17th of Jun 2021 at 08:27 pm
SLV Silver ETF. Currently major {Wave 3} is still subdividing.
As long as we stay above the minor {Wave 2} low at $22.13 this wave
count & {C&H} setup remain valid. As i have been posting
for weeks we were waiting for a breakout over $28 to get aggressive
which obviously has not happened yet. Patience please.
Posted by goldnice on 16th of Jun 2021 at 04:56 pm
I have been stalking this bear opportunity for weeks. Beautiful
5 wave corrective structure into the {Wave 5} low at $31.96.
Potential bullish {Wave 3} setup now with a breakout over $36.50.
Notice the {Double Bottom} at $32.21. From an Elliott Wave
perspective we have all the psychological traits of a massive stock
market top especially with all the margin debt charts that are
floating around wall street. Good luck to all.
Posted by goldnice on 15th of Jun 2021 at 07:55 pm
DIA DJIA. Beautiful bearish {Raising Wedge} has setup here. The
night before the biggest Fed day in recent memory i am curious to
see how long they can keep this from breaking down below $333.
Inflation is over 10% but the Gov says it's 5%. Rates are 0%. This
can't go on.
Posted by goldnice on 14th of Jun 2021 at 10:23 pm
EQX.TO Gold Stock. In the process of hammering out a classic
{C&H} setup. Notice the multiple {Double Bottoms} around the
$9.80 area. $11.51 triggers long. Initial stop would be placed at
$10.46.
Posted by goldnice on 14th of Jun 2021 at 08:34 pm
FR.TO Silver Stock. While the fed was engaged in psychological
warfare in the gold futures market this morning many silver &
gold stocks were advancing and hammering out bullish technical
structures like this classic {C&H} setup. Notice the {Double
Bottom}. AG SLV GLD
Posted by goldnice on 14th of Jun 2021 at 08:11 pm
Paul Tudor Jones daring the Fed to raise rates. The fact that he
still believes in bitcoin and did not sell at $65k was part of the
reason along with another {Elon Pump} that bitcoin got a hard
bounce over the last 24 hours. This might be one of the reasons why
gold was smashed in the futures market around 5amPST to "stop loss"
hunt for over leveraged traders in the gold market before the
Fed announcement on Wednesday.
Posted by goldnice on 14th of Jun 2021 at 07:37 pm
HNU.TO Natural Gas 2x Bull ETF. This is the best bullish
technical structure in Natural Gas in years. This market has been a
widow maker for ages so lets see if this breakout can hold for more
than 3 days and not be a {Bull Trap}. UNG USO
Posted by goldnice on 14th of Jun 2021 at 03:17 pm
VGCX.TO Gold Stock. Weekly Chart. Breaking out of this large 10
month long {Cup} formation today. The measured target of this {Cup}
breakout is the $30 level which would be the {Wave 3} target. The
Fed can smash gold in the futures market but they can't short gold
stocks.
Posted by goldnice on 12th of Jun 2021 at 07:48 am
WTIC Oil Breaking out of this beautiful {Triangle} formation.
Notice the {C&H} inside the triangle. The measured target of
this breakout in oil is $84. As in the 1970's one of the best ways
to protect yourself against inflation is to buy oil & oil
stocks. This is a huge tax on the economy.
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WPM.TO Silver Streamer. In the
Posted by goldnice on 23rd of Jun 2021 at 01:40 am
WPM.TO Silver Streamer. In the process of forming a classic {H&S} bullish bottom reversal. We are currently trying to hammer in the {Right Shoulder}. $59.49 triggers long. Initial stop would be placed at $56.
GBTC Bitcoin Trust. Weekly Chart.
Posted by goldnice on 22nd of Jun 2021 at 09:51 pm
GBTC Bitcoin Trust. Weekly Chart. Currently still in a major {Wave 4} correction. The target for a {Wave 4} bottom could be the lower rail of the {pitchfork} so the $24 low could work. As long as we stay above the major {Wave 1} top at $17.40 this count remains valid.
OGC.TO Gold Stock. In the
Posted by goldnice on 22nd of Jun 2021 at 09:41 pm
OGC.TO Gold Stock. In the process of forming a classic {C&H} formation. We are currently trying to hammer in the {Handle}. $2.75 triggers long. Initial stop would be placed at $2.50.
MAG.TO Silver Stock. In the
Posted by goldnice on 22nd of Jun 2021 at 09:24 pm
MAG.TO Silver Stock. In the process of forming a classic {H&S} bullish bottom reversal. We are currently trying to hammer in the {Right Shoulder}. $29.30 triggers long. Initial stop would be placed at $28.
CPG.TO Oil Stock. In the
Posted by goldnice on 21st of Jun 2021 at 03:01 pm
CPG.TO Oil Stock. In the process of forming a classic {C&H} formation. $5.89 triggers long. Initial stop would be placed at $5.10. Oil stocks setting up.
GDXJ Jr Gold Stock ETF.
Posted by goldnice on 18th of Jun 2021 at 09:43 pm
GDXJ Jr Gold Stock ETF. Weekly Close. Morphing into a large 8 month long {H&S} bullish bottom reversal. The Elliott Wave count adds more evidence with the major {Wave 2} low hammered in at $43.24. Major {Wave 3} is subdividing and we are looking for a minor {Wave 2} low now.
DJIA Weekly Close. Notice how
Posted by goldnice on 18th of Jun 2021 at 08:26 pm
DJIA Weekly Close. Notice how this {Wave 5} bull market blowoff top has subdivided into it's own 5 wave fractal structure which is standard policy. Target for a {Wave 5} top is around $36k but it could of already been hammered in at $35.1K. It's amazing what $24 trillion in global government printing can accomplish. Inflation is 5% and climbing and Interest Rates are 0%. Something has to snap here. SDOW SQQQ SDS TZA
Wall Street legend Dr Michael
Posted by goldnice on 17th of Jun 2021 at 11:09 pm
Wall Street legend Dr Michael Burry's tweet from 2 days ago. Someone must have showed him that famous margin debt chart that has been passed around Wall Street circles which shows margin debt from 2020-2021 increased 2 standard deviations above the mean. The last 2 times that happened in the past 30 years was 1999 and 2007. Two orders of magnitude and two standard deviations above the mean.
XGD.TO Gold Stock ETF. Beautiful
Posted by goldnice on 17th of Jun 2021 at 10:34 pm
XGD.TO Gold Stock ETF. Beautiful {H&S} bullish bottom reversal setting up here. The Elliott Wave count is further evidence of the potential here. Notice how major {Wave 1} subdivided into it's own 5 wave fractal structure. As long as we stay above $16.66 it's valid. GLD GDX NUGT
FR.TO Silver Stock. What we
Posted by goldnice on 17th of Jun 2021 at 09:55 pm
FR.TO Silver Stock. What we could be witnessing here is a {H&S} bullish bottom reversal setting up. Currently we are trying to hammer in the {Right Shoulder}. As long as we stay above the {Double Bottom} low at $18.19 this formation remains valid. $22.74 triggers long.
SLV Silver ETF. Currently major
Posted by goldnice on 17th of Jun 2021 at 08:27 pm
SLV Silver ETF. Currently major {Wave 3} is still subdividing. As long as we stay above the minor {Wave 2} low at $22.13 this wave count & {C&H} setup remain valid. As i have been posting for weeks we were waiting for a breakout over $28 to get aggressive which obviously has not happened yet. Patience please.
I have been stalking this
Posted by goldnice on 16th of Jun 2021 at 04:56 pm
I have been stalking this bear opportunity for weeks. Beautiful 5 wave corrective structure into the {Wave 5} low at $31.96. Potential bullish {Wave 3} setup now with a breakout over $36.50. Notice the {Double Bottom} at $32.21. From an Elliott Wave perspective we have all the psychological traits of a massive stock market top especially with all the margin debt charts that are floating around wall street. Good luck to all.
DIA DJIA. Beautiful bearish {Raising
Posted by goldnice on 15th of Jun 2021 at 07:55 pm
DIA DJIA. Beautiful bearish {Raising Wedge} has setup here. The night before the biggest Fed day in recent memory i am curious to see how long they can keep this from breaking down below $333. Inflation is over 10% but the Gov says it's 5%. Rates are 0%. This can't go on.
EQX.TO Gold Stock. In the
Posted by goldnice on 14th of Jun 2021 at 10:23 pm
EQX.TO Gold Stock. In the process of hammering out a classic {C&H} setup. Notice the multiple {Double Bottoms} around the $9.80 area. $11.51 triggers long. Initial stop would be placed at $10.46.
FR.TO Silver Stock. While the
Posted by goldnice on 14th of Jun 2021 at 08:34 pm
FR.TO Silver Stock. While the fed was engaged in psychological warfare in the gold futures market this morning many silver & gold stocks were advancing and hammering out bullish technical structures like this classic {C&H} setup. Notice the {Double Bottom}. AG SLV GLD
Paul Tudor Jones daring the
Posted by goldnice on 14th of Jun 2021 at 08:11 pm
Paul Tudor Jones daring the Fed to raise rates. The fact that he still believes in bitcoin and did not sell at $65k was part of the reason along with another {Elon Pump} that bitcoin got a hard bounce over the last 24 hours. This might be one of the reasons why gold was smashed in the futures market around 5amPST to "stop loss" hunt for over leveraged traders in the gold market before the Fed announcement on Wednesday.
HNU.TO Natural Gas 2x Bull
Posted by goldnice on 14th of Jun 2021 at 07:37 pm
HNU.TO Natural Gas 2x Bull ETF. This is the best bullish technical structure in Natural Gas in years. This market has been a widow maker for ages so lets see if this breakout can hold for more than 3 days and not be a {Bull Trap}. UNG USO
VGCX.TO Gold Stock. Weekly Chart.
Posted by goldnice on 14th of Jun 2021 at 03:17 pm
VGCX.TO Gold Stock. Weekly Chart. Breaking out of this large 10 month long {Cup} formation today. The measured target of this {Cup} breakout is the $30 level which would be the {Wave 3} target. The Fed can smash gold in the futures market but they can't short gold stocks.
Fantastic interview that is the
Posted by goldnice on 13th of Jun 2021 at 12:35 pm
Fantastic interview that is the fundamental argument for these amazing charts.
WTIC Oil Breaking out of
Posted by goldnice on 12th of Jun 2021 at 07:48 am
WTIC Oil Breaking out of this beautiful {Triangle} formation. Notice the {C&H} inside the triangle. The measured target of this breakout in oil is $84. As in the 1970's one of the best ways to protect yourself against inflation is to buy oil & oil stocks. This is a huge tax on the economy.