Beiträge von golderx
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Great Gold Bull Market Elliot wave counts - wave number 3 (second wave up)
This is my count , I still think its valid :[Blockierte Grafik: http://photos1.blogger.com/blogger/7214/1988/1600/gold1d.png]
ZitatAlles anzeigenOriginal von golderx
For what it worth:Gold and silver headed lower today below last week lows, gold is already about 35$ below it recent top currently trading around the 2005 high level. This pullback might have another leg down but I wouldn’t bet on it. I continue to see excellent risk reward opportunity in buying gold and silver , the higher risk is on the short side of this market and the appreciation potential is much higher then the total price of gold or silver. Physical buyers, long term buyers and those holding short positions should take advantage of the market weakness and accumulate; short term traders could probably wait a bit longer for a bottom confirmation.
[Blockierte Grafik: http://photos1.blogger.com/blo…214/1988/1600/gold4.1.png]
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For what it worth:
Gold and silver headed lower today below last week lows, gold is already about 35$ below it recent top currently trading around the 2005 high level. This pullback might have another leg down but I wouldn’t bet on it. I continue to see excellent risk reward opportunity in buying gold and silver , the higher risk is on the short side of this market and the appreciation potential is much higher then the total price of gold or silver. Physical buyers, long term buyers and those holding short positions should take advantage of the market weakness and accumulate; short term traders could probably wait a bit longer for a bottom confirmation.
[Blockierte Grafik: http://photos1.blogger.com/blo…214/1988/1600/gold4.1.png]
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[Blockierte Grafik: http://photos1.blogger.com/blo…214/1988/1600/goldoil.png]
[Blockierte Grafik: http://photos1.blogger.com/hello/171/9159/200/mycoins.jpg]
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