1. Stocks rebound yesterday to plug their losing streak, metals pull back
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  2. Good Weds Morning! Gold is down 3 to 1252, while Silver is down 8 to 18.16. Crude is up 27 to 4864. The USD is up 9 to 9964.
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  3. Week of 3/25/2017 Closing prices & Chg Over Last Wk---- Gold $1248.50-- UP 18.30 Silver $17.75-- UP 34 Oil $47.97-- DOWN 134 TICS USD $99.42 -- DOWN 66 tics

AXSTONE'S FINAL WAVE (5)

Discussion in 'Gold Silver (All things Metal)' started by axstone, Apr 14, 2013.



  1. Zed

    Zed Size doesn't count! Midas Member

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    No feckin beach balls... OK?
     
  2. axstone

    axstone Silver Member Silver Miner

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    that was 10 years ago LOL
     
  3. Zed

    Zed Size doesn't count! Midas Member

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    I have been around longer than that. :biggrin:
     
  4. axstone

    axstone Silver Member Silver Miner

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    gold triangle.jpg
     
  5. axstone

    axstone Silver Member Silver Miner

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    Gold multiple fibs.jpg
     
  6. axstone

    axstone Silver Member Silver Miner

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    2014-11-14_15-22-38.jpg
     
  7. axstone

    axstone Silver Member Silver Miner

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    bull bear targets.jpg
     
  8. Zed

    Zed Size doesn't count! Midas Member

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    What is that?

    Pre and post Viagra?
     
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  9. axstone

    axstone Silver Member Silver Miner

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    gold 1217.jpg
     
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  10. Ebie

    Ebie Midas Member Midas Member

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  11. axstone

    axstone Silver Member Silver Miner

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    gold major trends.jpg
     
  12. axstone

    axstone Silver Member Silver Miner

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    on way.jpg
     
  13. axstone

    axstone Silver Member Silver Miner

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    2a-rub-us-10y-Large.gif
     
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  14. axstone

    axstone Silver Member Silver Miner

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    2015 - 2016 Modest GOLD projections,

    2015 16 projections.jpg
     
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  15. axstone

    axstone Silver Member Silver Miner

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    trend gold dec 29.jpg
    uscs weekly MACD.jpg
     
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  16. Zed

    Zed Size doesn't count! Midas Member

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    Pull up an AUD Gold chart and see what you think, it often leads USD Gold.
     
  17. axstone

    axstone Silver Member Silver Miner

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    auzzi gold.jpg
     
  18. axstone

    axstone Silver Member Silver Miner

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    Good for Gold stocks?? New Paradigm much higher ratio??
    gold oil ratio jan 2015.jpg
     
  19. axstone

    axstone Silver Member Silver Miner

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    Hurdle 1

    gold trend jan 10 2015.jpg
     
  20. Ebie

    Ebie Midas Member Midas Member

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    what does that mean?
     
  21. axstone

    axstone Silver Member Silver Miner

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    Ebie, It could be a false break out or a significant trend reversal,

    If it is not a false break out gold could have ended the multi year bear market Friday

    multiyear break.jpg
     
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  22. savvydon

    savvydon Gold Member Gold Chaser

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    I'm going to take a wild guess here and say that the author has drawn two trend lines that attempt to describe the behavior of the price of gold since the recent November low. This past Friday's action broke above that upper trend line to give an early indication that perhaps gold is ready to break out of this current bottoming process. Many more hurdles left to go. I'm sure.

    Whoops! the author beat me to the punch!
     
  23. axstone

    axstone Silver Member Silver Miner

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    Falling Wedge
    The falling wedge is a bullish pattern that begins wide at the top and contracts as the price moves lower and the trading range narrows. The falling wedge can be classified as a continuation pattern or a reversal pattern. For a continuation pattern, the falling wedge will slope down, but the slope will go against the current up-trend. On the other hand, a falling wedge reversal pattern will slope down and trade with the prevailing down-trend. But regardless of either type, the pattern is considered to be bullish for the security in question.

    The falling wedge pattern usually spans 3 to 6 months and can provide traders with a signal that the current trend is about to reverse. For the falling wedge to form, it takes at least two reaction highs, with each high being lower than the previous one to form the upper resistance line. Also, at least two reaction lows should be in place, with each low being lower than the previous one to form the lower support line. The upper resistance line should then converge with the lower support line, signalling that there is not enough sellers at the lower prices to keep pace with the slope of the upper resistance line. This loss of selling momentum on each successive low thus gives the falling wedge pattern its bullish bias. As always, the pattern is not confirmed until a resistance level is broken, which, in this case, is the down-sloping upper resistance line.
    falling wedge

    falling_wedge.gif

    source : http://forextv.com/falling-wedge/
     
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  24. axstone

    axstone Silver Member Silver Miner

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    1270.jpg
     
  25. axstone

    axstone Silver Member Silver Miner

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    1260.jpg
     
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  26. axstone

    axstone Silver Member Silver Miner

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    pf1450.jpg
     
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  27. axstone

    axstone Silver Member Silver Miner

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    fib retracement 1,450.jpg
     
  28. savvydon

    savvydon Gold Member Gold Chaser

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  29. axstone

    axstone Silver Member Silver Miner

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    trend jan 20.jpg
     
  30. axstone

    axstone Silver Member Silver Miner

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    steep march 2015.jpg
     
  31. axstone

    axstone Silver Member Silver Miner

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    Last time GLD went from 120 to 1850
    gld 120 to 180.jpg
     
  32. Strawboss

    Strawboss Intergalactic Silver Guru Gold Chaser

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    Ax - I feel you my brother...
    So sure...and yet so helpless to get others to see the obvious truth...

    Big sigh....
     
  33. axstone

    axstone Silver Member Silver Miner

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    GOLD EXPLOSION.jpg
     
  34. Zed

    Zed Size doesn't count! Midas Member

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    Holding the month over 1578 Loonies would be good! Very positive looking chart but a little HOT. It would be good to see a high level consolidation @ least over 1550. Either way it looks like a completed bottom.

    [​IMG]
     
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  35. axstone

    axstone Silver Member Silver Miner

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    ZED 2.5 Times today's price hits my 4,000 target.. ( not much really)
     
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  36. axstone

    axstone Silver Member Silver Miner

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    dow gold.jpg
     
  37. axstone

    axstone Silver Member Silver Miner

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    We are giving Gold Room to Run:s1:
    nice room to run.jpg
     
  38. axstone

    axstone Silver Member Silver Miner

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    technicals 12hr.jpg
     
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  39. Zed

    Zed Size doesn't count! Midas Member

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    That is a bull flag Ax.... when it breaks upward that is! Like the confidence? --> WHEN?! Oh crap... better run, LOL.
     
  40. axstone

    axstone Silver Member Silver Miner

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