Beiträge von DrK

    May 21 Gold & The Miners: A Divergence Now? captainewave 321gold :



    Unfortunately, after all of wave (b) ends we expect a drop back to the 1655.00/1666.00 level to complete all of wave $ii$ ...

    Grüße

    Gold:

    Daily Gold Chart:
    https://captainewave.com/wp-content/uploads/2020/03/ewmar3120gold.png


    Short Term Update:
    Gold was lower in yesterday's day session and that trend has continued in the overnight session we have reached a low of 1605.60.
    We are now rallying in wave *iii*, and within wave *iii*, wave ^i^ ended at the 1699.30, so we are now falling in wave ^ii^, which has the following retracement levels:
    50% = 1578.40;
    61.8% = 1549.90.


    Once wave ^ii^ ends we expect gold to rally sharply again in wave ^iii^ of *iii*.
    Our initial projection for the end of all of wave *iii* is:

    *iii* = 1.618*i* = 2306.30.


    Since we failed to reach our 50% retracement level for all of wave *ii*, and our analysis is based on a failure low we need to be guard for the possibility that wave *ii* could still be underway as a flat or irregular type correction.
    In this case this current rally in gold will end soon and this market is going to head back to our retracement levels of:
    50% = 1429.40;
    61.8% = 1367.50.


    Markets are highly volatile at the moment, so we need to report all practical outcomes, although we believe that a drop back to the 1430.00 level is very unlikely under these circumstances.
    Trading Recommendation: Long gold. Use puts as stops.

    Active Positions: We are long, with puts as stops!

    Silver:

    Daily Silver Chart:


    https://captainewave.com/wp-content/uploads/2020/03/ewmar3120si.png


    Short Term Update:
    Silver was higher in yesterday's day session reaching a high of 14.40. In the overnight session we have moved lower to have reached a low of 14.06.
    We likely completed all of wave -i- of (i) of i of 3 at the 14.98 high, so if that is the case we should now be falling in wave -ii-, which has the following retracement levels:


    50% = 13.31;
    61.8% = 12.92.


    We are still short of our 50% retracement level so we still expect further weakness in the market.
    We plan to be buyers at the 13.10 level.

    Trading Recommendation: Buy at 13.10, with a put as a stop.


    Active Positions: Buy at 13.10, with a put as a stop.



    Nicht verzagen, den Captain fragen.
    Er gibt nicht auf.


    Grüße

    Ich befürchte, in dieser Krise wird so manchem der Unterschied zwischen Eigentum und Besitz zu spät klar werden.


    Grüße


    PS Und sorry, die Schweiz ist längst, längst nicht mehr das, was sie einst einmal war.

    @woernie : „Das wird Dir nicht gelingen. Es sei denn , Dein Cashbestand ist sehr überschaubar. Schon Beträge > 5 000 müssen angemeldet werden, werden verzögert...und wahrscheinlich ist der Bankrun im Rahmen der Möglichkeiten schon im Gang ...und wird vermutlich schon nächste Woche regulatorisch terminiert werden.„


    Habe heute am Geldautomaten zum ersten Mal Schlange gestanden ...


    Eine größere Cashabhebung habe ich für nächste Woche anmelden müssen ...


    Grüße

    Mar 09 Gold, Dollar, & Stk Mkt: Tidal Waves In Play captainewave 321gold :


    „Long Term Update:


    This past week we made a new high for the current rally, reaching 1692.80 and closing at 1672.40.


    We continue to rally in wave *v* of .iii.
    Within that wave all of wave $i$ ended at 1691.70 and all of wave $ii$ at 1564.00.


    We are now rallying sharply in wave $iii$.

    Wave $iii$ should subdivide into a 5wave impulsive sequence… so we are probably getting close to the completion of wave ^i^ of $iii$.


    After wave ^i^ ends, we should see a correction in wave ^ii^, before we start to rally again in wave ^iii^.
    Our initial projected endpoint for all of wave $iii$ is:


    $iii$ = 1.618$i$ = 1961.20.


    Our current projection for the end of wave .iii. is:


    .iii. = 2.618.i. = 2036.80.

    Active Positions: Long with puts as stops!

    Grüße

    Die ESG hat neben den erwähnten PM Barren auch sog. Goldknuffel als Hausprodukt im Programm, sogar etwas preisgünstiger.


    Als Anlagebeimischung warum nicht, eine Unze bleibt eine Unze.
    Sie sind sogar handlicher und platzsparender als z.B. 1 oz Münzen.


    Über einen Verkauf habe ich bei Gold bislang noch nie nachgedacht, insofern bin ich diesbzgl. überfragt.


    Grüße

    Jan 08 Precious Metals: Key Weekly Charts captainewave 321gold :


    Long Term Update:
    Gold was sharply higher again this week!
    We reached 1556.10, closed the week at 1555.20.


    We have revised the end of wave *iii* to be 1566.00.
    We also modified the internal wave structure of wave *iv*, which ended at the 1446.00 low.


    On our daily chart we have added our current internal count for wave *v* and believe that we are now rallying in wave !iii! of $iii$ of *v*.
    We had an initial target for the end of wave !iii! at: 1570.50, and gold has already ripped through that!
    Our first target for the end of wave $iii$ of *v* is 1590.10, but higher targets are possible.
    Our first projection for the end of wave *v* and .iii. is:
    .iii. = 1.618.i. = 1704.40.


    Active Positions: We are long (with almost no interruption since $1080!), with puts as stops!

    Die Geduld hat sich gelohnt !
    Grüße