gelesen und sofort weitergeleitet: Semi-Urgent:

verfasst von Emerald, 16.07.2003, 14:49

-->Dear Friends,

You asked for a roadmap and, in my opinion, it will never get better
than the following. I will bet on Kenny Adams any day, any way, and big. I
am
pleased to share Kenny's Technical Analysis piece with the Gold Community.

GOLD:

SLIGHTLY SIDEWAYS AND UP FOR APPROXIMATELY ONE TO ONE AND A HALF WEEKS.

THEREAFTER, EXPECT GOOD, ACCELERATED UPSIDE MOVEMENT FOR THE NEXT 25 T0
30 TRADING DAYS TO A MINIMUM OF 400 AND A MAXIMUM OF 430 BASIS LONDON
SPOT.

THEREAFTER, EXPECT A RELATIVELY SHORT-LIVED MODERATE CORRECTION
QUICKLY FOLLOWED BY A RALLY WHICH TRADES A CHOPPING, SIDEWAYS RECOVERY
FOR APPROXIMATELY 4.5 TO 5.5 MONTHS.

THIS RECOVERY OF 4.5 TO 5.5 MONTHS SHOULD REMAIN (BELOW) THE ABOVE
MENTIONED HIGH (400/430) FOR THAT TIME PERIOD.

THEREAFTER, GOLD WILL AGAIN RESUME AN ACCELERATED UPSIDE TREND.

USDX:

SIMULTANEOUSLY FROM HERE, EXPECT THE USDX TO RISE FOR APPROXIMATELY ONE
TO ONE AND A HALF WEEKS.

THEREAFTER, EXPECT A RETURN DOWNSIDE TO (AND POSSIBLY EVEN SOMEWHAT
LOWER) THAN ITS LOWS OF JUNE 16, 2003 AND WHICH PULLBACK ACTION WILL
LAST APPROXIMATELY 25 TO 30 TRADING DAYS.

THEREAFTER, THE USDX SHOULD RALLY FOR APPROXIMATELY 6 TO 7 MONTHS AND
THEN RETURN TO THE BEAR.

NOTE:

(1): GOLD AND USDX SIMULTANEOUSLY HOLD FLAT OR GAIN A BIT FOR THE NEXT
ONE TO ONE AND A HALF WEEKS.

(2): THEN GOLD MOVES (UP) TO 400/430, FOR 25 TO 30 DAYS WHILE
SIMULTANEOUSLY THE USDX CORRECTS DOWNWARD FOR 25 TO 30 DAYS (OR
POSSIBLY UP TO 40 DAYS), UNTIL GENERATING A RE-TEST OF ITS JUNE LOWS.

(3): THEN, GOLD CORRECTS AND QUICKLY BEGINS A SLOW RECOVERY TAKING 4.5
TO 5.5 MONTHS WHILE SIMULTANEOUSLY THE USDX GENERATES GOOD RALLY
ACTION (WITH A FULL POTENTIAL UP TO 107.50 / 108. 50

NOTE THAT THE PERIOD FROM NOW TO THE EXPECTED RALLY TOP IN THE USDX IS
APPROXIMATELY 6 MONTHS IN SPITE OF THE PULLBACK EXPECTED AFTER ANOTHER
ONE TO ONE AND A HALF WEEKS.

THE EQUITIES HAVE ENTERED AND HELD A SIGNAL FOR 6 WEEKS THAT IDENTIFIES
TREND EXHAUSTION BUT NOT REVERSAL. NO SUBSTANTIAL GAINS HAVE
OCCURRED SINCE THAT SIGNAL. A SIGNAL OF TREND REVERSAL HAS ALWAYS
FOLLOWED THE FIRST SIGNAL OF TREND EXHAUSTION BUT 5 TO 6 WEEKS WAS THE
PREVIOUSLY THE LONGEST.

MY FIGURES ON THIS ONLY GO BACK ABOUT 3 YEARS, WHICH IS NOT LONG ENOUGH
FOR A 95% CERTAINTY. SO IT MAY NOT WORK OR IT MAY JUST REQUIRE A
LONGER PERIOD TO GENERATE A REVERSAL SIGNAL FOLLOWING THE EXHAUSTION
SIGNAL.

I HAVE NOTHING TO INDICATE A TERMINATION OF THE GOLD BULL BUT I DO HAVE
SOME VERY STRONG SLIVER INTERNALS THAT HAVE NOT YET BEEN SUFFICIENTLY
ACTED UPON AS TO A TRANSLATION OF HIGHER PRICE.

For the charts that accompany this commentary, please click the link below
to JSMineSet.

=======================================================================
Copyright (c) 2003 JIM SINCLAIR'S MINESET () All rights reserved. For
more information visit our website at http://www.jsmineset.com/ or send
mailto:tnxinvestor@tanrange.com
Message sent on Tue Jul 15, 2003 at 3:33:15 PM Pacific Time
=======================================================================

Thread gesperrt

 

gesamter Thread:

• gelesen und sofort weitergeleitet: Semi-Urgent: - Emerald, 16.07.2003, 14:49
  • hier die Dollar-Chart-Prognose (owT) - Toby0909, 16.07.2003, 14:59
  • und hier das Gold (owT) - Toby0909, 16.07.2003, 15:00
    • Re: Schöne Charts, danke! Und was bei POG 450? Dann gg. US$ shorten? (owT) - dottore, 16.07.2003, 15:06
      • das gucken wir dann, wenns soweit ist......owT - Toby0909, 16.07.2003, 15:37
  • Thanks! (oT) (owT) - crosswind, 16.07.2003, 15:24