Recent content by questforion

anyone can confirm whether any rising wedge pattern exist in any timeframe for gold? TIA

Rodin, Based on yr LT gold charts, breaking below 640 will invalidate yr count. I am making the assumption based on yr charts that we can have that much allowance as to go down as far as 640.. before buyers line up and propel it back up. So you predict that pog cannot go below 640.. and i...

Rodin, Can't seem to open yr gold big picture chart. TIA

Thanks Sprawl :)

POG breaking away from the rising wedge..

Fundamentally, the IBs (International Bankers) will preserve the integrity of COMEX. They will not allow the detachment 'tween paper and physical prices. If prices goes to such absurd level that non is selling/ selling with high premiums, that sets in place for an alternate avenue for trading...

Sujith, Rodin POG still bouncing ard near upper trenline of rising wedge. So are the chances strong to see a downward reversal? And do you think it will make new lows or have a rebound? Yesterday we saw $ flowing into equities and USDX pulling back. Markets banking on rate cuts and i believe...

Sujith, Bought gold when the price was 800. Should i cut my loss and sell on the next short term rally before heading down? Or should i brace the storm and wait for 800 to appear again? Any timeline? TIA

Sujith, Do you see POG bottoming out near 820 or 800 region by NY closing today.. ? I believe you are saying that this is the last leg down before another wave up perhaps to >1032.. the same thought as QuadG? QuadG predicts usd/euro might reach a bottom by today at 1.36~1.37. What say you...

Rodin, Tried to google but found more technical explanation. However, just curious to know which period in time did DOW exhibit such pattern and what implication did this have on gold/commodities? Also discovered it is indeed following the " 3 peaks and a dome house " tween 1999 to present...

Rodin, Interesting chart of the DOW " Three peaks and the Doomed House ". Does it mean you expect the DOW to breakdown next week? Why must it be gold negative? Anyway how was this theory formulated and what is it's implication rodin. Thanks for the insights..