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AXSTONE'S FINAL WAVE (5)

axstone

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bafoon.png

It was fun watching James Turks expression while Roy (discovers gold) LOL
No doubt Roy is a genius , just found it funny




 
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savvydon

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These Gold cartel guys are tricky. Lol
Ya they can definitely leave marks, but I'm hoping that a healthy wash out will lead the way back up and through 1360 with 1400 in sight.
 
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axstone

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You are now at a 50% retracement from 1365 to 1305 = 60 times .5 = 30
1305 + 30 = 1335
 

savvydon

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We will see what ax says - I'm thinking maybe the implication is that a run up is is impending.
 

axstone

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There was nothing that looked bullish on the gold chart to me the other day,
I was expecting the Cartel to gun for the classic neck line of the head n shoulder pattern
and take gold down to the 1280 area in a waterfall washout..

Something is definitely changing in the trading action lately, there have been a lot of outside day reversals to the upside.

I have no idea how or why its changing but it is.



woops.png
 

Thecrensh

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There was nothing that looked bullish on the gold chart to me the other day,
I was expecting the Cartel to gun for the classic neck line of the head n shoulder pattern
and take gold down to the 1280 area in a waterfall washout..

Something is definitely changing in the trading action lately, there have been a lot of outside day reversals to the upside.

I have no idea how or why its changing but it is.



View attachment 99361
Maybe the gold market manipulators are buying in anticipating the new gold-backed Yuan?
 

axstone

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There is no question the gold banks make all the money in both directions, they made the most money
on the way up from 2001 to 2011, and made the most on the way down to 1050. why wouldnt they , they are insiders
so have they flipped the algorithms here and make the most mone on suprise upside moves.. I think thats what happening
the bearish formations in the middle of them with no warning will flip to the upside.

the Fundamentals are the fundamentals, meaning is it because gold backed everything is coming, probably
 

axstone

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http://silverseek.com/commentary/no-manipulation-after-all-17103

What if I told you that the same single dominate futures market short seller had spent the last seven years, in addition to maintaining its perfect paper trading as the largest short seller of all, also acquiring a massive physical hoard of the same commodity? And get this – this same paper market dominator had managed to acquire the largest physical stock pile in history of this same commodity.


Theodore Butler
 

axstone

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If i see a move to 18.50 and then 21 within the next 6 months in silver I will have my confirmation
 

Thecrensh

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http://silverseek.com/commentary/no-manipulation-after-all-17103

What if I told you that the same single dominate futures market short seller had spent the last seven years, in addition to maintaining its perfect paper trading as the largest short seller of all, also acquiring a massive physical hoard of the same commodity? And get this – this same paper market dominator had managed to acquire the largest physical stock pile in history of this same commodity.


Theodore Butler
ANYONE having a perfect trading record is doing something illegal.
 

savvydon

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Looked at from a Canadian perspective it doesn't really seem like we have been in a bear market. Seems more like consolidation contemplating blastoff.
 

Strawboss

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Ax - good to have you back.

Always appreciated your talent for giving a visual narrative to the gold/silver markets...
 

Zed

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Looked at from a Canadian perspective it doesn't really seem like we have been in a bear market. Seems more like consolidation contemplating blastoff.
AUD is similar... in fact, could even be a breakout month if Monday is strong.

Screenshot from 2018-12-30 19-18-44.png
 

Goldhedge

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It was very difficult to convince the majority of people we were still in a bull market in 2015 when in hindsight will look like a very good time to have added to gold
Chart not loading for some reason...
 

axstone

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All Fiat currencies will share share the same chart, however, possibly when the U.S $ is on the verge of a break out the PTB will kick over the game table, close markets and open with a revaluation.