 Gold Miner Oscillator-Forward Reckoning®
August 18, 2014 – COILING
Denaliguide's Summit
Posted Aug 19, 2014
The Seller Exhausts Physical Supply, sells only paper!
(Click on images to enlarge)
The Upside move here is stalled into a coiling mode.
The Flat Correction ended When both The Gold Miner Oscillator and the GDX MACD turned up at the same time and we got one week of upward movement before it stalled.
It is interesting that this P&F potential structural Target puts GDX wading in the STRAITS of HELL the GAP of which begins @31.24. At that point, it may be retreat or JUMP or Wade through the GAP
Given the movement potential for a slight slowdown or retrench here, shown by GIMBO Oscillator, we could expect a “Delay, Malinger & Wait” type Fabian Defense to be deployed while TPTB waits for help that may never come. Given the cumulative weight of world events working against them, their waiting seems futile.
Straits of Hell (above) created by the gap on the TAX DAY MASSACRE Last year.
The sellers play hints that they have no metal to back it, thus weak raids failed to hold gold under KRIMEX U$D 1,300, even on days when India is not in the market (their Independence Day), so while what happens next might not be what we want, it is going to end badly and there will be IMO, BBQ'd BEAR.
I think it was the Dali Lama who said “expectations are the source of much human misery”, so if we are attuned to natural cycles, we can do what we must whilst those in opposition continue on in their folly.
That's my plan.
As you might guess, tools and measures less sensitive and less penetrating than the Gold Miner Oscillator, in many forms, will give you indecisive results, leaving you in the dark. Using our exclusive measures, you can know we already know.
PEAK PICKS has its LINE IN THE SAND. So you don't have to guess, we don't guess at what we don't know, we only deal with what we DO know. You benefit.
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Aug 18, 2014
Denaliguide's Summit
email: denaliguide1servicecenter@gmail.com
website: www.denaligudesummit.blogspot
Information contained is for instructional & educational purposes only. Investors are responsible for their own decisions & due diligence. Publisher and associates may have positions in the stocks herein.
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