JAY_c5velm

JAY_c5velm

Comparing previous momentum at the start of trends, the is a high chance that we visit 1950 before any correction. And the move so far has been controlled, from support to next support. So, now we are at the last important support prior to attack 1950. I was expecting to reach this level in two weeks from now, but it the move accelerates, and it seems it can, we...

JAY_c5velm Updated 

This is my estimation for the following week(s), until we meet our first target around 1860-1880. Two weeks from now is the time I consider. Also GDXJ around 56 $ or above a little. (pending gap at that level could be filled) Have fun meantime and don't get over excited. www.youtube.com

JAY_c5velm

Soon we will visit again the 58-59$ and fill all the gaps at that level. As gdxj rises, so will POC. My expected date is around mid June, with gold around 1.950$ Enjoy www.youtube.com

JAY_c5velm

The Bull will continue. An intermediate top around the end first week of June or beginning the second of June Toro www.youtube.com

JAY_c5velm

Trend is changing, leaving the bottom behind. Next target around 1860 ......GDXJ will fill the gap at 56-57$ level Time estimated: 10-12 trading days. Enjoy www.youtube.com

JAY_c5velm

Just a zoom. www.youtube.com Enjoy

JAY_c5velm

Hello. Just as I think gold will rise, so will silver following gold, as its own way. Just considered: - Same size of consolidation as last year (yellow boxes) - Same size % of rise from the bottom to top, projected now from previous resistance (now big support) And with all this, and a bit of luck, we could see silver touching previous highs (51$ or so) at...

JAY_c5velm

Once level 57 breaks down, the only resistance level is at 52-51. That level is a POC from last leg up. Also same % downside from top to 57 level support. I am shorting oil wuth etfs

JAY_c5velm

This correction is lasting much more than expected. It has been harder than the one from November, because it is lasting the double. I think it has ended. These are my targets, and my time

JAY_c5velm Updated 

This cabroncete market is made to test the nerves of all of us. Whit sudden moves that reverse sharply in hours....I love it 1) Do I believe we are in multiyear bull market in gold? Yes. Many evidences say so. The fact that is gaining value against all mayor currencies, for example. 2) Are we in a correction? Yes. And it takes what in takes...and in the future...

JAY_c5velm Updated 

Market only needed three days to throw my previous idea to paper basket, son don't pay to much attention to this new one. Simply It's just because i can't avoid being bullish. Based on previous impulses, and considering that we would correct on March, but not what happened this year. I copy and pasted same % impulses. No EW and that stuff. I don´t like and I...

JAY_c5velm Updated 

This is what I expect for the next three months, and this is what I am betting. 1) If the Impulse has the same momentum as 2019, target in length and strength will led us to 82 at the end of January, and Gold about 2.200 $ 2) If the impulse has the same momentum as 2020 (summer), target is 78 or so at the end of the year. There is no so much difference in both...

JAY_c5velm Updated 

I would like to share my thought about our current stage, as things seems to go wrong. 1) So far, the long term view has not been damaged. That means, I still see a new up leg. The base, that means the consolidation, has taken more that I thought. So It went out of the two parallel lines of the channel. So as it is said: the larger the base, the larger the...

JAY_c5velm Updated 

A new leg is on the march.... Based on the same Main Channel from the previous one, this one could last until the end of October. If took more time to start...but that is nobody can foresee So now, it is too early, and it's just a game, just a draft based on past performance (the last leg). So past pattern is The Best to use as guide, because it´s more probable...

JAY_c5velm Updated 

After this week I´m convinced we have seen the bottom in gold stocks. From here on, prices will go up and retrace, but making higher lows. I think we´ll probably face two phases. 1) From here to the end of August, GDXJ will go up and retrace a few times until they surpass the previous high. I expect GDXJ 61-62$ Tuesday - Wednesday. (63$ or more would need gold to...

JAY_c5velm Updated 

We have been behaving in a top - mode, and the trend channel from June has been broken last Friday to the downside. If things unfold in a similar way to last August 2019 we could have some correction this week, maybe followed with some upside to make a king of a double top at the 66 level and then more correction... I would pay attention to the 63 $ level,...

JAY_c5velm Updated 

The channel from June is doing its work and everything continue bullish. The gold sector and the miners. So around the 10th of August we can meet a new top in the channel, that can also be an important top, because the possibility of a touching the top line of a major channel. But, all of this is just to be cautious. Gold and miners would do what they...

JAY_c5velm Updated 

There is a channel working right now. i´m tented to exit and enter, except if gold moves so wild that the top line of the channel is crossed by the candels.