Gold priced in Euros... Has the phase transition already happened?

Gold priced in Euros... Has the phase transition already happened?
Here is a phase transition progress update in USD.
Here is the previous phase transition for reference. It looks like gold will see $1450 before any significant correction.
July 28 2010 as the low point plus 4.3 month cycle. Watching Dec 07 2010 as a turn date .
scofield (10-05-2010)
Weekly Resistance and Support levels.
the wave (10-14-2010)
http://goldismoney2.com/showthread.p...k-s-Gold/page9This bulls last great spike run from ($947 to 1218) $271 . That was Aug 25 09 to Dec 03 09 . Just adding $271 to the $1218 gets us $1489. Adding $271 to $1164 July 28 10 brings us to 1435. Jim has $1444 after $1369. Is it the same this time ? Time will tell. Can it happen ? Yes it did .
http://goldismoney2.com/showthread.p...-s-Gold/page10The avg. upleg in gold since 1968 is 4 months and 16 days . This upleg started on July 28 . Just saying http://www.gannglobal.com/bonds-soyb...ric-positions/
I like the chart with the time call !!!July 28 2010 as the low point plus 4.3 month cycle. Watching Dec 07 2010 as a turn date .
This chart still says 1456 and 2198, LOL...
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Weekly support at ~$1328. Probing a few percent below for stops is normal, IMO.
Support held.
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andial (11-11-2010), Hawkeye (12-22-2010), Optics (11-05-2010), Silver Buck (11-09-2010), Strawboss (11-05-2010)
Good work Scofield.
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scofield (11-05-2010)
scofield (11-05-2010)
Everthing will spin around 1440 Martin says if we breakout and retest we are going alot higher !!!09-29-2010 01:13 PM #265 the wave
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Originally Posted by Zed
Is it bad to say I want her to catch her breath so she can go longer? A pause here would be good IMO FWIW.
This bulls last great spike run from ($947 to 1218) $271 . That was Aug 25 09 to Dec 03 09 . Just adding $271 to the $1218 gets us $1489. Adding $271 to $1164 July 28 10 brings us to 1435. Jim has $1444 after $1369. Is it the same this time ? Time will tell. Can it happen ? Yes it did .
Looking back at the phase transition that happened in 2005, it looks like gold might exceed the primary channel ($1450), then fall back below before re-testing the top of the channel a couple months later. Not sure if 1650 will be here before Jan though.
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Back at support again! Will it hold this time? LOL
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we have been chopping around above 1328 support for a while now so it makes sense for it to break above the channel but you never know. At least we should go for a test of 1477 weekly channel resistance next week or thereabouts.
According to Armstrong, the party doesn't start until we have 2 monthly closings above this channel.
the wave (12-04-2010)
Martin getting his medicine now after protests
Dec. 10, 2010 , Martin is getting his medicine now, lets hope it works and that surgery for his eye is not needed. _________________________ December 09, 2010 Martin's eye is badly infected and his legs are numb and he doubts he will be able to walk soon, he thinks he may not survive until his prison release in March 2011. The prison is refusing to help him. His own doctor outside of prison thinks he may need surgery for his eye as it is deeply infected. Martin thinks he may have got this from the showers or even that his food was deliberately poisoned - http://www.scribd.com/kzuur58 To help save Marty's life please write to Judge John F. Keenan http://www.nysd.uscourts.gov/judge_info.php?id=12 - and President Obama and VP Joe Biden at: http://www.whitehouse.gov/contact ____________________________________________ http://princetoneconomics.blogspot.com/
Greetings the wave....
I had been watching that call and it was bang on...
I am having trouble locating information on the "next Martin cycle turn date" especially for gold. Can you enlighten me please?
Thanks.
any updates on Martin?
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Christmas party call
I have a feeling next turn date 2011.45 could be a LOW (after breaking out of the primary channel). Who knows, any of the crazy wave's dates will do.
Merry Christmas!
Can someone explain the 0.45 etc. part of Martin's dates?
Is that 45 days into 2011?
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The Economic Confidence Model in 2.15-year intervals
1998.55... 07/20/98
2000.7.... 09/13/00
2002.85... 11/08/02
2005.... 01/02/05
2007.15... 02/27/07
2009.3... 04/23/09
2011.45... 06/18/11
2013.6... 08/12/13
2015.75... 10/07/15
2017.9... 12/01/17
2020.05... 01/26/20
2022.2... 03/22/22
2024.35... 05/16/24
2026.5... 07/11/26
2028.65... 09/04/28
2030.8... 10/30/30
2032.95... 12/24/32
Merlin (12-28-2010)
This phasing process, which is a steady acceleration into the parabolic top, does not fit well with the 64 month fractal and the gold parabola suddenly ending in February, 2011.
http://seekingalpha.com/instablog/15...rk-in-the-road
beastie (12-29-2010)
The S just HTF for the silver shorts but nobody seem to have noticed, yet.
Can we say silver beat gold to the *phase transition* ?
Happy New Year!
We're going for the highest daily, weekly, monthly and yearly close of the bull market![]()
I have a feeling this support need to break before the weak hands can be shaken off to prepare for the next up leg. It's probably going to be a fake-out. I'm sitting tight.
Looks like alot cycles are lining up at the same time. One might want to spend the dry powder around these dates. Feb 08 to 11.McClellan has discovered that there's a cycle low appears for gold roughly every 12.5 months. The cycle lows have run as follows: Jan 6, '06, Jan 8, '07, Jan 7, '08, Jan 5, '09, Jan. 4, '10, Dec. 31, '10. McClellan puts the next cycle bottom for gold at February 8, 2011. Which means that the cycle low for gold should arrive at any time between now and February 8, give or take a few weeks before or after that date.
Interestingly, the McClellan cycle bottom for gold is due to arrive amid a good deal of professional bearishness regarding gold ("gold overdue for a major correction"). Thus, many traders have traded out of their gold positions, just as we near the date for the McClellan cycle bottom.
http://goldismoney2.com/showthread.p...206#post141206 post number 3713
I am just a mouthy git with an opinion! Question everything I say!
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Not really... I gave up posting it at GIM, it is not really the place for it. The date simply comes from a channel projection to a support level (129x ~ 1300), if the support level is wrong the date is wrong. If we get to the 1250 level the 9th to the 25th is more likely IMO with the odds being front loaded, say 9th - 15th.
I am just a mouthy git with an opinion! Question everything I say!
Dead Dingo's Donger Trading Group
Barking mad hairy chested trading for real men!
This is not T/A but will line up with the dates. Adding another 105 B to the bonfire.
The next release of the approximate purchase amount and tentative outright Treasury operation schedule will be at 2 p.m. on February 10, 2011. At that time, the Desk will also publish information on prices paid for securities included in the operations listed above.http://www.newyorkfed.org/markets/to..._schedule.html
Weekly resistance at 1373 is key. Notice how similar this false break-down (which I still believe) is to the one in July 2010.
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At this point I no longer look at 'past trends' - I focus on rising commodities. I prefer PMs, but pick most any commodity and it will be hard to go wrong in the near future.
What I like about PMs is that I hold physical and can 'bury and forget'.
Anyone new to PMs simply need to buy on the dips (when London falls as NY opens for the second day in a row). It has worked well for me - for now...
I don't know when this 'bucking bronco ride' will end, but for now I am enjoying the ride.
So... was Feb 8 a low or a high? LOL... Or was it an acceleration point? Anyway, we need to test the primary channel top rail. Been waiting for this for a loooong time...
Hello wave! I've been living under a rock. Today I peak my head out and see this! It's not a confirmed phase transition until 2 monthly closes above primary channel, according to Mr. Armstrong. I believe this could be a head fake before the real break-out, just like in 2005 but I don't really care if it is or not. Either way, I'm going back under that rock for a few weeks or months, who knows...
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Bump. Martin has a few new articles. With the June 13/14 date past was it a high or a low? The next 8.6 should be wild.
2011.45 was a LOW in gold. I have a good feeling, it's going to hold. All gold needs to do is take out that upper channel rail.
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How could that possibly be a low? I hope you weren't waiting for that week to buy anything. As per his June 5th letter Armstrong remarked that the only market which could be at a turning point was the interest rate market.
A higher low is still a low. We will see what happens this summer. The monthly RSI is way too low for a major top. We got a lot higher to go.
I was wrong about the low but you know what this means...
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