haha.. As said; the market has a little more upside... best to short at resistance or that upper channcel and evening star formation (less risky/better R:R)... Secondly I don't think this time golds run is going to be inversely linked to stocks... ...

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So far it looks like we have had an abc in the 4th wave...now we need the volume support to keep the 5th wave truncated and to stay within the box or above 1290... (it's going to be tough; but if it holds then that should give assurance to the ...

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You are welcome... The use of imagination is seen as a limiting factor for elliott waves by many. I compare this to deciphering "art". There is always going to be a difference of opinion; yet there is always an underlying story...

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Something is brewing... Remember Russia even signed that Gas supply deal with China... after I don't know how many years of negotiations...

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Hey sorry I just saw your post - Thanks for the kind words and welcome to ff! As far as the wave count is concerned...to be honest complex corrective waves are very very difficult to identify (and you can account for them in many ways)... and ...

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Why would RT publish this today out of all days? url hmm.. Okay (i'm off has been "edge of the seat" kind of day! have a nice one everyone...

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Awesome that you made money! As for your question I really don't think the interest rate debate is as pressing a concern as geopolitical tensions... The market has only been moving to them and discounting all economic and fundamental ...

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Yeah It was Anton! I think he is off the idea though...? Did ask him what he thought now but he hasn't yet replied.

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haha... yes (this kinda takes me back in time to international relation conflict/resolution) classes back in college! have a nice one... Indeed peace on Earth & mean no ill will to anyone! (but gold must go up!)

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Lol!

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Agreed... Even though I think the West kinda provoked him... Remember Putin's man was removed from office in ukraine and replaced by Poroshenko... Russia got Crimea...but they don't want to lose their influence over ukraine... and Putin has been ...

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Yes it is a decoy... and it is pretext...280 trucks; loaded with small boxes... Putin knew that there might be issues... and denying or stalling this might just give Putin the reason to act finally!

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Putin is a chess player!

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They've retraced... The real question is Are on the brink of war...? Ukraine clearly is not going to release those 200 plus convoy trucks...until it checks each and everyone of those boxes...(could take days!) Russia will keep denying sending ...

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no clue... it could go all the way back down to that pinbar too... or worse break it! As I said before this is right now the C leg of the zigzag (which really should take it well below the 1295 level) but given the circumstances and the ...

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Looking back at this trade; I unfortunately pulled out at the first area of resistance... If only I held on... look how the support areas hae held. Patience really pays! url

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Agreed.. Golds daily chart looks a lot better... I really think it has bottomed out at 1280... and the fact that it has (so far) held above 1290 proves ( as per elliott rules of 4th wave not entering into the price territory of wave 1) that the ...

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Gold is still not in the clear too (back under the 8ema)... However even though silver is more volatile (hence more profitable than gold...might even outperform gold in the long run)... The fact is that its lost between a safe haven and an ...

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Interesting perspective... I feel; the Fed will raise interest rates eventually; but just see the state of Europe (negative rates); Japan is now contracting also... The Usd is going to rise anyway for some time now. Inflation is well below ...

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Do you think/feel Russia is going to retaliate?

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