JAY_c5velm

JAY_c5velm

Bear phase in gold, as dollar will continue higher above 120 points in coming years. Seconf part of the bullish phase started in 1999 will.

JAY_c5velm

Choppy move in Gold and also is MIners. So I expect an intermidiate stop at 37$-38$ for GDXY sometime in the first two weeks of July. At that time, gold should be at 2200 (futures, cash is about 20$ more). So i will close my short position at that level. Enter a long I still think is risky as weeky and monthy trends are bearish. So each one should trust in their...

JAY_c5velm Updated 

Dollar UP. gold at a very TOP And miner doing very bad, after all, cant be a bullish continuation. That means for me a RESET, to a weekly low or even a MONTHLY bottom. If after Fed meeting, gold continues crahing (and it could) if dollar seeks new HIGH, miners would fall more... I am full short at this moment. There is a gap at 33 that should be filled. And under...

JAY_c5velm

Dólar is going to keep risig for the next few months. I Guess untill end of May, brginning of June, surpassing the pprevious hight of 2023, but bellow the high of 2022. I dont ecpect to see GOLD to rise as it did in previous weeks with the dollar. I exepect the opposte: A correction of 8 weeks os so in gold back to 2100 -2150.

JAY_c5velm Updated 

Slow move up, very slow, more slow than I would like and desire. But UP, at the end. Some might call it "acumulation" or any fashion word to describe what market does for unkownn reasons, when it moves slowly. So here are the rhythms of this FOUR year corrective move. And now? walk or Burst (again), fly or Die (once more). I chose the first.Is my choice. In fact I...

JAY_c5velm Updated 

Back to all time highs area in the next year and a half. While DXY moves back to 87-88 and gold could reach the 2800 level.

JAY_c5velm Updated 

Another final leg and dramatic leg down to check the covid lows during September this year. 1) Shorting to 30 I consider a low risk trade, but this is me and my risk analysis. 2) Once in that level (28-30), GDXJ could bounce a bit . Most probably is that it wont be A MAJOR low, as I wish and would like. I have not considered the posibility of visiting the covid...

JAY_c5velm Updated 

Two posible scenarios 1) Bullish continuation (as the idea related linked) to 2100 or so by June this year. 2) Bearish move to the final bottom around 1720-1740 by August -September. - A corrective strong move is pending. It could begin from this last week top or from a posible "expected" top higher at 2100 or so. - Dollar is again at support 101 and not...

JAY_c5velm Updated 

Gold again pushing up. Repetition of previois move takes gold to 2200 area Also 50% jump actiing previous max as axis of simetry brings gold to 2100. All of this fast and furious. Target date June 2023. The Long So long (John P. Strohm) www.youtube.com

JAY_c5velm Updated 

The bear leg could have probably ended. Confirmation should come next week if it begins to move up sharply as I think. In short term (two weeks) back at 38$ And probably end of May back to 48$. Again GDXJ is on major support and this last week was a tipical shaking move before a large one. The sector is moving up, and up, but remenber always that corrects in a...

JAY_c5velm Updated 

Again dawn for weeks or a even a few months (April could be the limit) before another assault to 20XX$ this year. No new lows. I dont think it will go under 17XX. But trending down maybe ranging down. This week tops...first part of the week.

JAY_c5velm Updated 

First down from here to 30 more or less. Could be 28, could be 32. Early to say. Then up....again The Rapture www.youtube.com

JAY_c5velm Updated 

Time to short again miners. Most proable in bear trend for some weeks or even months. No new low. Important. But another corrective move that could be intense o continuos ranging down til April this year. So caution BULLs.

JAY_c5velm Updated 

Top should happen end this week or beginning next one (monday - tuesday) That would mean futures arnu 1880-1890, with DXY (dollar index) 102-103 points. After that a correction for a bullish continuation. Bull is here to stay and could probably see again the hights of previous years this spring. So.. GDXJ around 41$-42$ also. GDX around 33$ too by the end of...

JAY_c5velm Updated 

A major bottom in place. Both miners and gold. But this time, miners will outperform gold, and eventually go to new all time hight. SOmething that gold already did, but miners hasen´t. So. Don't think too much. Time to invest. Trade little. There could be two or three times too exit for a while, and continue the ride. Sometime during next spring my target for...

JAY_c5velm Updated 

From my analysis this are my targets for the comming month. Mid December more or less, is my stimated time to get them GDXJ: fill the gar at that levels. GDX: Same, could reach 35$-36$ (now at 25$) And gold....back to somewhere close to 1.920$ Good times coming, and dangerous, as ususual. Good Times Tomorrow, Hard Times (The Long Ryders) www.youtube.com

JAY_c5velm Updated 

Bullish. The beginning of a long (months ahead) bull phase to new all time hights. Still early to know, but that is what I give more probabilities. That means no more 162x or lower. That means important bottom in place. No room for more down side. Also gold has corrected againts dollar, properly. For the coming weeks (november) two scenarios and both...

JAY_c5velm Updated 

This is not over for the bulls. Another (last) restest of 1.676$ level this past week. The one that acts as a yearly support from 2012. I was expecting a move like that later this year from a higher level and with a lower pace, just to fill the gap from July. But it did happen now. Period. And of course, I was not thinking it could come down as it did. But it...