Jnug to Gold "Time for JDST next week"

15 thg 12, 2017

Gold and Jnug are following along nicely. I do not think we are finished quite yet moving up. Maybe by Monday or Tuesday and then I see a nice drop for another 1 1/2 - 3 weeks. I think the bottom will be approximately the 1220 range for Gold. SO for Jnug....I'll guess that will equte to the low $8 range. Now what should come next is a very nice rally for a couple months. In a subscription that I get from time to time...today they released their updated charts for gold. I was pleased to see that they are also looking for a bottom in gold soon. They are saying for gold to bottom around December 22nd. BUT....then they are saying that this rally will take gold to what appears to match the top for 2016 (1380's - 1400 range) before making a daily cycle correction. That top is supposed to happen around February 22nd. SO their time frame is almost the exact same as mine ...however, I am no thinking that gold will go anywhere near that high. I am looking for gold to top at the $1305 range and then start finally continue the bear market. So I will be buying JDST next week and then turning around and buying Jnug for about 2 1/2 - 3 months. Maybe.... And then I will sell to see whose opinion is correct... Mine or theirs.
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Above is the 4 hour Jnug chart. Maybe a little bit more to the upside and then a hard drop. I am not sure if Jnug topped today or if this was just a messed up mini 4th wave running flat pattern. On the 2 hour chart it looks more like a 4th wave so I am leaning to one more move up by Tuesday.
Gold Chart


Gold Weekly Chart..... Maybe we are forming a Head and Shoulders patter.

17 thg 12, 2017

Ghi chú

Weekly Japanease Yen Chart from 1976 high to the 2011 low.

This sure doesn't look like the correction is finished yet .....does it!
The timing is too difficult for me but if this is correct, Gold is going to be crashing down for the next couple of years until the C wave is complete.

17 thg 12, 2017

Ghi chú

17 thg 12, 2017

Ghi chú

lets try that again....Yen Daily chart

19 thg 12, 2017

Ghi chú

that ascending wedge will break probably tomorrow. Look like its following the red arrows. JDST looking ripe. I am hoping Jnug reaches the $15.40 range and then in to JDST I may go.

24 thg 12, 2017

Ghi chú

Purple trend line is key area this week for gold. I still think we are too early for this yearly cycle to have bottomed. But a break of that trend line may be an indication that gold bottomed early.