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GOLD IN FIFTH WAVE

d-lod

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GOLD IS INDEED IN WAVE THREE. AND FOLLOWING WAVE RULES.

Wave I 0254 - 1032 = 0778$

Wave II 1032 - 0681 = 0351

Wave III 0681 - ?
 

d-lod

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WAVE III

Wave 1 0681.10 - 1006.20 = 325.10

Wave 2 1006.20 - 0864.25 = 141.95 = 14.1%

Wave 3 0864.25 - 1226.60 = 362.35

Wave 4 1226.60 - 1043.90 = 182.7 = 14.9%

Wave 5 1043.90 - ?
 

Lugnutzpop

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WAVE III

Wave 1 0681.10 - 1006.20 = 325.10

Wave 2 1006.20 - 0864.25 = 141.95 = 14.1%

Wave 3 0864.25 - 1226.60 = 362.35

Wave 4 1226.60 - 1043.90 = 182.7 = 14.9%

Wave 5 1043.90 - ?

Please don't bash me, as I have much to lean yet. But, I have no friggin' idea what I'm looking at!

Could you explain the theory here or point me in the direction?

-L
 

phideaux

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"Professor" Prechter says gold is in 5 of 5 of 5, ready to crash. Of course he has been dead wrong about gold for, well forever, since his call for "gold below $200" in 2000.
thumb.aspx.gif
 

Morpheus

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Wow, Gold is now more than Platinum. However, Silver has stood still. Silver will the real stake through the hearts of these Banksters.
 

~BS

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your waves are broken.... This wave analysis has predicted more than elliot's theory ever has. :15_1_70v:

AFTER gold makes it's move, all of a sudden people are patting themselves on the back for their awesome prediction that their theory never made? cmon...
 

Gray

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Wow, Gold is now more than Platinum. However, Silver has stood still. Silver will the real stake through the hearts of these Banksters.

"He threw an ounce of gold into the wall, it shattered into two equal ounces, one of platinum, the other silver....what sorcery is this I said. He replied, tis gold is money"
 
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"Professor" Prechter says gold is in 5 of 5 of 5, ready to crash. Of course he has been dead wrong about gold for, well forever, since his call for "gold below $200" in 2000.
thumb.aspx.gif

How did he get from a bear market to 5 5 5? I heard most of his interview on Bloomberg this morning. As pompous as ever pimping his freakin books.
 

phideaux

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How did he get from a bear market to 5 5 5? I heard most of his interview on Bloomberg this morning. As pompous as ever pimping his freakin books.

I didn't know he was on Bloomberg. Got a link?

Anyway, I'm looking at his August newsletter issued last Friday. I'll post this, he can come after me if he really wants.
504.gif


eqi-gold.jpg
 
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I didn't know he was on Bloomberg. Got a link?

Anyway, I'm looking at his August newsletter issued last Friday. I'll post this, he can come after me if he really wants.
504.gif


View attachment 9537

Bloomberg Radio this morning after 9 Tom Keane Ken Pruitt. He is looking for a buying opp in the broads not yet though. He thinks people with cash might come out OK. I don't think he gets it. Maybe the thing is some of these people with tons of money come out the other side. Working stiffs with a mortgage and 2 kids might not if we continue on down this path. Even J6P types I run into every day are resigned to the fact that there will be no safety net after 65.
 
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I didn't know he was on Bloomberg. Got a link?

Anyway, I'm looking at his August newsletter issued last Friday. I'll post this, he can come after me if he really wants.
504.gif


View attachment 9537

I think 1K was the end of the 1st wave but I don't study Elliot. He's doing his damndest to squeeze Gold into his deflation scenario the stubborn Frog.
 

phideaux

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d-lod

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WAVE III

Wave 1 0681.10 - 1006.20 = 325.10

Wave 2 1006.20 - 0864.25 = 141.95 = 14.1%

Wave 3 0864.25 - 1226.60 = 362.35

Wave 4 1226.60 - 1043.90 = 182.7 = 14.9%

Wave 5 1043.90 - ?



Thanks everyone for participating in this thread.

This is Fifth wave of Wave I of wave THREE. As per Alf Fields this wave will carry Gold to price of 3500/- $

http://www.gold-speculator.com/alf-field/7413-elliot-wave-gold-update-23-a.html

Major ONE up from $256 to $1,015 (actually 4 times the $255 low);
Major TWO down from $1015 to $699, say $700 (a decline of 31%);
Major THREE up from $700 to $3,500 (a Fibonacci 5 times the $500 low);
Major FOUR down from $3,500 to $2,500 (a 29% decline);
Major FIVE up from $2,500 to $10,000 (also a 4 fold increase, same as ONE)



I am using netdania figures to demonstrate waves enfolding and not London fixing.


Wave 5

i 1043.9 - 1265.15 = 221.25
ii 1265.15 - 1156.85 = 108.30 --- 8.6%
iii 1156.85 - 1430.95 = 274.10
iv 1430.95 - 1308.20 = 122.75 --- 8.5%
v 1308.20 - 1883.45 = 575.24

 

d-lod

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Blood shed in Gold as DOW is rising.

Same technical in Gold as Silver, when silver was correcting from $ 49+ top. Chart 8 hourly with momentum value 2
 

phideaux

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CME raises margin rates, of course gold is going to pull back.
 

hypervel

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I feel like such a dupe. Here I thought POG was tied to monetary phenomena.
No worries. We'll just have to await gold's Q3 earnings report to determine its fair market value.
 
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If we are to continue higher from around these levels 1675 probably needs to hold. My WAG. Lower and we get a full blown correction.
 

d-lod

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Prophet I will calculate and reply in half an hour with both scenerio, today and 1880+.

http://www.gold-eagle.com/editorials_08/field091808.html


Tha Major ONE had reaction of 16% and 23% in wave II and wave IV respectively if we take that as today's base than Gold may react to 1632 to 1553.48. This figure are calculated based on top of 1814.41.

The scenerio may change if it reaches 1883.
 

spathatos

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I follow much simpler rules. Gold is king and always has been (warning everybody not to get drunk on silvers percentage gains for a long time).
The world financial system is ruined. Our GDP is 1:1 with our National debt. Euro zone is a disaster.

I care nothing about wave this or graph that. Common sense and world observations is all one needs.
 

phideaux

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Bobby P. just issued "go 100% short on gold" trade alert.

Let's see if today is the day the broken clock is correct.
 
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d-lod

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I follow much simpler rules. Gold is king and always has been (warning everybody not to get drunk on silvers percentage gains for a long time).
The world financial system is ruined. Our GDP is 1:1 with our National debt. Euro zone is a disaster.

I care nothing about wave this or graph that. Common sense and world observations is all one needs.


Right on spsthatos




Its just that some people dare to be different.



Quote Originally Posted by d-lod View Post
This ain't Prechter's Wave Theory 917601


And I do not own any prediction on this thread. This is simply my interpretation of the knowledge that has been postulated by masters and confirmed by many members of our fraternity.

Waves has been defined and proven entity of EW. The likes of Prechter, Alf Fields and many other just try to rational out their analysis. If I close my eyes and pretend Sun has not risen than I am denying myself of rightful knowledge.

Based on my interpretation I have just changed my 3kg of silver purchased in year 2000, to gold and that earned me twice gold, if I would have invested my FRN in gold then. I use my interpretation for building my wealth. I am retired at early age of 43, because of EW.

again thanks for your rightful critic, I appreciate your contrary views.
Sold gold at two level and waiting to buy silver.
 

d-lod

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Gold has overcome the level of and strongly making move towards 1883-1887 level.



http://www.lbma.org.uk/pages/?page_id=53&title=gold_fixings&show=2011&type=daily


18-Aug-11 1794.50 1087.115 1246.440 1824.00 1109.759 1276.149
19-Aug-11 1862.00 1126.914 1299.281 1848.00 1113.723 1280.843
22-Aug-11 1877.75 1139.550 1303.179 1877.50 1138.707 1303.186
23-Aug-11 1886.50 1138.641 1301.753 1876.00 1136.419 1303.955
24-Aug-11 1850.00 1119.584 1279.303 1770.00 1077.232 1224.066
25-Aug-11 1716.50 1049.590 1191.104
 

d-lod

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be mindful of earlier gap between 1665.44 -1681.40 .....................
 

d-lod

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Gold seems to be in irregular correction. The journey from 681 -1911.69 may correct to deeper level.

*gold was traveling towards 1920
 
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Jodster

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A pure guess would be $1721 and $38.80 for her little sister. I consider it more wishful thinking than a guess :smile:
 

Unca Walt

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:hahaha:It would be deeper than that

Is that written seriously?

Use smilies, fer crynout loud.

:bird::s13::bird:
 

d-lod

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Gold seems to be in irregular correction. The journey from 681 -1911.69 may correct to deeper level.

*gold was traveling towards 1920



http://www.kitco.com/ind/Banister/sep072011.html

Now that the ruling came out, Gold has topped at 1920 in what typically traders would call a “Double Top” pattern, but it’s more involved than that. In the work I do, we call it an “Irregular correction “ pattern, where the retracement of the $208 decline runs all the way back up and past where the decline began at $1910. These are very rare patterns and again, I believe exacerbated by the Eurozone issues as they hinged short term on the German decision. What we should see now is what I call a “C WAVE” to the downside, with targets typically at $1620 relative to the rally from $681 to $1910 over 34 months. A drop of $290 is only 15% from the highs and would fill in gaps in the Gold chart.