Elliott Wave Analysis of $HUI, $XAU, Gold, Silver as of 17th may 2024
Жүктеу.....
Пікірлер: 12
@longgowhereto22 күн бұрын
Thanks for the update wavemaster, very much appreciated.
@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
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
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.
@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
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!
@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 $35!
@longgowhereto
22 күн бұрын
Your name is trusting - you made me wait - and further up it goes! Thanks and happy week-end!
@s4sukesharingan21 күн бұрын
Sorry to tell you Ronnie. But i see Gold in September at Minimum 8000$/ounce If history is any good guidance then a huge sovereign debt crisis is occurring right in front of our eyes!
@wavemastery1786
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.....
Пікірлер: 12
Thanks for the update wavemaster, very much appreciated.
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
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
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.
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
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!
Decades of price suppression are unraveling in an environment of declining production and exploding demand!! The short squeeze alone should carry price possibly to $35!
@longgowhereto
22 күн бұрын
Your name is trusting - you made me wait - and further up it goes! Thanks and happy week-end!
Sorry to tell you Ronnie. But i see Gold in September at Minimum 8000$/ounce If history is any good guidance then a huge sovereign debt crisis is occurring right in front of our eyes!
@wavemastery1786
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.....
😂😂😂