InvestorsHub Logo
Followers 233
Posts 15873
Boards Moderated 1
Alias Born 08/20/2013

Re: Citrati post# 9938

Thursday, 08/20/2020 2:03:16 PM

Thursday, August 20, 2020 2:03:16 PM

Post# of 11290
and the recent days since Buffett
did his pump, metals and miners have been gyrating ,but looking downward. Maybe they would have made a stronger down move in a real pullback, if he didnt come out. makes the current downward pressure harder to examine. It would look a little embarrassing for Buffett wouldnt it,if we see a larger downwave here in metals and miners, I just wonder how easy it is to manipulate this market,the same way it used to be? or in some different way now that Trump is in charge of it?

If Trump wants to see strong Gold we have that happening this year. I'm looking at the chart and its hard to see it falling below 1400 as I look at the picture.
this is GLD

GLD chart

I cant get a handle on what Gold is doing in this whole picture, what the wave count is or the Fib measurements should be. There was some pattern happening from 2015 to last year but its been broken this year.But the big surge this year is what a Wave 3 looks like, but that wave 3 doesnt fit the old pattern count.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.