• 776 days Will The ECB Continue To Hike Rates?
  • 777 days Forbes: Aramco Remains Largest Company In The Middle East
  • 778 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,178 days Could Crypto Overtake Traditional Investment?
  • 1,183 days Americans Still Quitting Jobs At Record Pace
  • 1,185 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,188 days Is The Dollar Too Strong?
  • 1,188 days Big Tech Disappoints Investors on Earnings Calls
  • 1,189 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,191 days China Is Quietly Trying To Distance Itself From Russia
  • 1,191 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,195 days Crypto Investors Won Big In 2021
  • 1,195 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,196 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,198 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,199 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,202 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,203 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,203 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,205 days Are NFTs About To Take Over Gaming?
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  1. Home
  2. Markets
  3. Other

Where To Now Gold and GDX

I believe a major low has been established for gold and gold stocks.

Wave 1 (which level I don't know) began 6/27 and ended 7/23. I believe we are in a wave 2 now, with an ABC corrective pattern. I believe wave B ended yesterday (Friday 7/9). Then C down starting Monday. Wave C will last until Friday. Wave 3 will begin next Friday afternoon (9/16) or the following Monday morning. That will be a powerful wave up. That will last until 9/17. Then wave 4 starts, correcting wave 3. That will last until 10/17. Then wave 5 begins and will last 3-4 weeks. All of these will comprise wave 1, of a higher level. Wave 2 (higher level) will last until about 6/18/3014. Then a higher level wave 3. This will last about 1 year.

All of these predictions are based on correlating planetary strength with elliott wave.

Please check out my recent posts to evaluate their accuracy.
http://www.safehaven.com/article/30329/yes-this-is-a-major-gold-bottom
http://www.safehaven.com/article/30580/where-to-now-gold

 

Back to homepage

Leave a comment

Leave a comment