Chariot Share Discussion Threads

[invisage] 16/5/2020 20:24

If the cup in Gold is from 2011 does that not mean we are likely to fall back again to form the handle before taking off?



Maybe Gold goes to $2000 to form the cup and then drops back with the markets to form the handle before rising again as the decade progresses?

[chestnuts] 16/5/2020 20:19

Invisage

Gold
No from here to 2011 is the cup and the last few weeks.

Silver

the last and month is the handle and the cup is the month or so before

[invisage] 16/5/2020 20:09

From 1980 until now is that a massive cup and handle on the Gold chart?

[chestnuts] 16/5/2020 20:08

Invisage

Its very difficult to see a day by day on any chart take silver


it could rest for a day or 2 and so could gold but i am expecting them both to go up
overall

[invisage] 16/5/2020 19:55

Chestnuts

Do you see gold and silver falling this week if the DOW drops?

[chestnuts] 16/5/2020 19:41

Narey

Look at the chart i posted earlier , as for news i think their is enough news out their to take it down 11377 pts never mind 3000 pts

[invisage] 16/5/2020 19:36

Venus Jupiter Saturn retrograde

[invisage] 16/5/2020 19:28

I note 15th and 20th and end of May as potential sharp sell off days, we are in retrograde. Watch out.

[narey] 16/5/2020 19:20

Any specific reason why ?

[chestnuts] 16/5/2020 19:15

Anthony

I reckon the dow is about to fall 3000 pts shortly its down 174 and by the end of tomorrow it could be down 500pts

[invisage] 16/5/2020 00:20

Thank you
Can you please take a look at GDX chart when you get time?

[chestnuts] 16/5/2020 00:07

THe cycle is still there its a time cycle

[invisage] 15/5/2020 23:58

chestnuts - 25 Apr 2020 - 08:48:01 - 9242 of 9266
I posted this cycle over 10 yrs ago

In April 1792 the USA $ was born
= 87.12 yrs

in May 1879 the USA went on to a gold standard

= 53.956

May the 1st 1933 the USA confiscated gold they did this so they could revalue gold

= 87.12 yrs
There is another cycle Bretton woods 1944.53
=76.09

July 21st 2020 I think we will have a reset of currencies


76.09 = 33.33%
87.12 = 38.2% of 228.3
53.956 = 23.6 % of 228.3

April 1792 to July 21st 2020 = 228.3

Fib numbers 61.8 /50/ 38.2/ 23.6

[invisage] 15/5/2020 23:57

Chestnuts

Do you still think this is in play next 2 months?





chestnuts - 22 Apr 2020 - 20:27:33 - 9197 of 9265
Invisage

When i first came across this cycle over 10 yrs ago it came to early July, but their is so many cycles come into the
time between Early June and early Aug and they all may work out but i have to show all cycles and you have to
allow for discretions in data , i have already posted this, i cant alter any thing which is happening and
whats going to happen, and if you read my posts more carefully like the comex cycle they all come
onto 2020.55 around 19th July .

hope this helps

[invisage] 15/5/2020 23:53

I have been saying the Head and Shoulders pattern in S&P for sometime...….it is not clear if that pattern is going to play out or we are going to get a big move up if that pattern doesn't play out.

[chestnuts] 15/5/2020 23:45

I never saw this till tonite but you could understand why the right shoulder didint get formed till today, the right shoulder could go slightly higher but it looks like the dow is going to fall by a 3 thousand points or so if this plays out


free stock charts from uk.advfn.com

[invisage] 15/5/2020 23:32

Chestnuts

Can you have a look at the GDX chart in detail and share your views please? This is the gold miners ETF.

Thank you

[invisage] 15/5/2020 22:10

You getting bearish on DOW Ando?

[andonis] 15/5/2020 21:53

free stock charts from uk.advfn.com

[invisage] 15/5/2020 17:02

Next week I think markets drop in impulse moveWhere do you see gold and silver heading next week Chestnuts?

[chestnuts] 15/5/2020 16:57

I think the dow is making a triangle and could bounce upto 23590

[bramcych] 15/5/2020 14:37

Breakout on gold to 1744, silver going with it to 16.51

[invisage] 15/5/2020 14:28

You are a genius Chestnuts!!!!!

[chestnuts] 15/5/2020 14:12

Invisage

The markets are doing what I expected and my dates for July as not changed, and if I am correct I will win a £100 bet off pine which will give me more pleasure than all the rest of the money I will win.

[invisage] 15/5/2020 09:16

Chestnuts

Are you long gold and Silver?


Could you take a look at the charts for both and also GDX please? I am long Gold, Silver and Gold miners......I want to hold for the long term rather than trade so want to keep an eye on the long term chart and track from a long term perspective.



Do you still have a strong conviction with your July 19th Gold target? With the way Trump talks about China etc nothing is impossible, we have lunatics running governments these days.