• 19 hours Trump Signs Executive Order To Protect Private Moon Miners
  • 1 day Renters Are Striking As COVID Reshapes Real Estate
  • 2 days Nothing Can Stop The Tesla Boom
  • 2 days 9 Ways The Lockdown Is Playing Out Around The World
  • 3 days WeWork Sues SoftBank For Withdrawing $3 Billion Insider Payoff
  • 3 days Solving Transportation’s Biggest Problem
  • 4 days Big Banks Could Win Big On Fed Small Business Bailout
  • 4 days Trump Increases Pressure On Venezuela
  • 4 days Researchers Create Organic Battery
  • 4 days Gold Is Still A Safe Haven, But Not Very Alluring
  • 5 days China Is Buying Up Billions Of Barrels Of Cheap Crude Oil
  • 5 days Are Gold Stocks Going To Bounce Back?
  • 6 days The Politics Of A Pandemic
  • 7 days What Does CHina’s EV Slowdown Mean For The Battery Metals Sector?
  • 7 days COVID Report Cards Will Brand Businesses Forever
  • 8 days Trump Tweet Sends Oil Soaring 25%
  • 8 days Why The Coronavirus Economic Crash Is Worse Than You Think
  • 9 days Is A Global Currency Necessary?
  • 9 days America Has Shed 500,000 Millionaires Since The Coronavirus Lockdown Began
  • 10 days Trump Wants Another $2 Trillion Economic Intervention
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

readtheticker

readtheticker

readtheticker

We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online…

Contact Author

  1. Home
  2. Markets
  3. Other

Gold and Silver Stocks Near The End of Their Crash

Panning for Gold

Well they must be, come on! Really!

At readtheticker.com we have the more important symbols going back 30 to 60 even 100 years. Great for large channel studies, cycles, and very long term trend analysis.

At readtheticker.com we are Elliot Wave lite users. However when a chart is easy to count the 5 wave down, extended (1 to 5 after a major 4) or not (a,b,c only). You now the shorts are going to have to cover soon!

A short covering rally would only attract more shorts, but it would create the bottom accumulation trading range that Wyckoff traders see after a selling climax and automatic reaction.

One to watch!

XAU Weekly Chart 1985-2013

NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Investing Quote...

"I have yet to find a man, in or out of Wall Street, who is able to make money in (markets) continuously or uninterruptedly. Like anyone else, I have good and bad periods." ~ Richard D Wyckoff

"I measure what's going on, and I adapt to it. I try to get my ego out of the way. The market is smarter than I am so I bend." ~ Martin Zweig

"Because of the extreme challenge, one must commit full attention to it." Market speculation is "no different than trying to be a successful doctor or lawyer ... you simply must devote yourself full-time to the study of your craft." ~ Bernard Baruch

"October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February." ~ Mark Twain

"By failing to prepare, you are preparing to fail." ~ Benjamin Franklin

 

Back to homepage

Leave a comment

Leave a comment