ridderjoris

ridderjoris

Most people would say silver is undervalued. However silver did actually grow a lot faster than the inflation (the dollar loses about half of its value every 30 year, but gained 17x its value in the last 60 years). The historical trendline of silver has a slope of 3.3x every 30 years. I would expect a retest of this trendline.

ridderjoris

Complete head and shoulders pattern on yearly chart including retest.

ridderjoris

Will history repeat and will there be an insane rally to +-37k. Bubbles tend to inflate to extreme levels before crashing therefore I don't think we are at the top. There is an shooting star pattern on the 3 monthly chart thought, so I wouldn't be surprised to see a "small" dip before taking off. That might be a good buying opportunity.

ridderjoris

I will be looking for a possible short on lower timeframes

ridderjoris

Is gold flashing a Wyckoff accumulation pattern?

ridderjoris

We should be in wave 5 of the Elliott wave on the daily timeframe. On the 1 hour timeframe there is a clear ending diagonal visible in wave 5. I am short from 13900. I expect a wave to the downside.

ridderjoris

Diamond Bottom (TP: 12720)

ridderjoris Updated 

Ending diagonal? (wave 5 of the Elliot Wave)

ridderjoris

Are we in Wave 2 of the Elliott wave?

ridderjoris Updated 

I am not an expert in this area, but according to Elliot wave theory this might come down right? I'd love to have comments.

ridderjoris Updated 

Expecting a last corrective wave ("C" wave of the Elliot Wave)

ridderjoris

NASDAQ creating an ending diagonal? (Wave 5 of Elliott Wave)

ridderjoris

Is GOLD doing the elliott wave?

ridderjoris

I am long term bullish, but this might be a good long term buying and short term shorting opportunity.

ridderjoris

Inspired by the bull flag and head and shoulders of 2008

ridderjoris

Will it respect the bullish trendline and go up on the Stairway to Heaven?

ridderjoris

I'd love to have comments

ridderjoris

I'd love to have comments