Elliott Wave Analysis of $HUI, $XAU, Gold, Silver as of 17th may 2024

Пікірлер: 12

  • @longgowhereto
    @longgowhereto22 күн бұрын

    Thanks for the update wavemaster, very much appreciated.

  • @leshghett8956
    @leshghett895622 күн бұрын

    Thanks for your analysis. If gold and silver were to drop like you mention, it would have to start off news driven. Imo, i don't see anything significant enough to do that until early next month. But, anything can happen.

  • @wavemastery1786

    @wavemastery1786

    22 күн бұрын

    HI, I don't know how you invest or trade, but in my videos, because, they are largely aiming to be quite precise, they are directed to futures traders, or anyone using a lot of leverage in trading. I can share with you how I look at this huge bull move that is going to take years to unfold fully. I hold long term investments in stocks and etfs that I do not sell even if I see that we are likely going for some correction. The risk taking and sharp in/out trading I do with futures. So if I miss a move, I am still "in" psychologically and effectively with my long term investments, it helps me ride over bumps and surprises as they inevitably going to pop up from time to time because I don't have a crystal ball and can't know the future for sure. Despite today's huge move there is still scope for some retracements to come around next week. Good luck.

  • @leshghett8956

    @leshghett8956

    22 күн бұрын

    @@wavemastery1786 I get what you're saying (and it's likely that I am going to subscribe to your service). While this does look like an impulsive breakout in silver, there is still possibility for a complete retracement back to ~$30 level. It is good to keep that perspective in mind. It's just that, in the financial news calendar, imo, I don't see anything other than non-farm payrolls being what triggers that, which is around early June.

  • @charlesbrady3135
    @charlesbrady313522 күн бұрын

    I hope you’re right I sold all my long term holds this afternoon and waiting for a pullback to $27ish per your analysis.

  • @s4sukesharingan

    @s4sukesharingan

    21 күн бұрын

    boy...so wrong...everybody is waiting for silver breakout 30...you are missing you lifechance man....inverstors like you eat like mice and shit like elephant!

  • @hookemhigh3191
    @hookemhigh319122 күн бұрын

    Decades of price suppression are unraveling in an environment of declining production and exploding demand!! The short squeeze alone should carry price possibly to $35!

  • @longgowhereto

    @longgowhereto

    22 күн бұрын

    Your name is trusting - you made me wait - and further up it goes! Thanks and happy week-end!

  • @s4sukesharingan
    @s4sukesharingan21 күн бұрын

    Sorry to tell you Ronnie. But i see Gold in September at Minimum 8000$/ounce If history is any good guidance then a huge sovereign debt crisis is occurring right in front of our eyes!

  • @wavemastery1786

    @wavemastery1786

    19 күн бұрын

    Hi, Why do you think that I could not agree with the price you quoted for Gold? Did I say anything about the trend going down at any point in my video? Correction yes, and then Higher.....

  • @skeetth2484
    @skeetth248422 күн бұрын

    😂😂😂