Westpacific Technical Charts

Glenn Burnett Rank: 54 Followers: 14 Votes: 54 Years Member: 0 Last Update: 21 July 2017, 12:13 Categories: Elliott Wave Analysis
Gold / Gold Stocks


$GOLD - Daily Candlesticks, 1280

Understand this chart is all calculated on historical and technical data; there is no guessing here....it is all based on time and cycles.
-Will be clearer on the final wave down once we get there; this is the layout; just need it on the chart once it moves onto the actual chart.
-After September will fix it a bit since the lower part is off the price chart; but put it in to give you the big picture of the move.
-Hey Walt; ever had a chart dedicated to you before; well now you can tell your grandkids.

1/1 POLA - Daily Candlesticks, 700

-The Bradley Turn could at last be kicking in till the middle of August; lets hope.
-Trade Bitcoin; the most speculative of all; and the only way to make any money in this massive rigged game; cannot end pretty in the future.

1/1 POLA - Daily Invisible, 1600

3/03 Energy Producers XOP, BP, for example, recently admitted that its finances will not breakeven unless oil trades at roughly $60 per barrel. ?Recall that the initial trigger for the global financial crisis was about $US500bn worth of losses on US mortgages. Gave cites figures [showing] that through the magnifying effects of derivatives markets, that wiped some $US7 trillion from global GDP and $US28 trillion from global equity markets.? View the US$5.4 trillion ?alternative energy sector? debt, mainly associated with the US fracking boom, through the ?magnifying effects of derivatives? and you begin to see the scale of calamity soon to befall the world?s financial institutions.

3/18 Authored by Simon Black via SovereignMan.com, I serve on the Board of Directors of a large Singapore-based company that?s in the gold and silver business. And, last night during our quarterly conference call, the management team gave me a lot of intriguing information.Sales of physical gold and silver are collapsing across the entire industry. A t the US Mint, for example, sales of US Eagle gold coins fell by 67% between February 2016 versus February 2017. And sales of US Eagle silver coins are down 75% over the same period.

The one conundrum is that this trend does NOT correlate with the price of gold. In US dollar terms, the gold price is up 16% since the beginning of 2016. The paper price is rising, but physical demand is falling

5/14 A rise of this magnitude and pace is as unprecedented as its impact is ubiquitous; more CO2, fewer rhinos, higher global asset prices, lower global defaults. 'People believe they,re leveraged to all of these wonderful things happening in the world. But they?re simply leveraged to what happens in China. Oil prices; iron ore, cooper, real estate, and today,s global cyclical recovery are all directly tied back to China. And this can all continue for a time. or end abruptly.

1/2 $USD - Daily Candlesticks, 900

1/2 $XJY - 1 hour Candlesticks, 900

1/2 Japanese Yen - Philadelphia ($XJY) 9

1/2 Polar Power, Inc. (POLA)

4/01 Just in case; have created a Vertical Market Run or Blowoff Model, this is how they work. Again one more model to time the ultimate top. Should this happen will work this model into the charts.

1/2 US Dollar Index - Cash Settle (EOD) ($USD)

1/2 US Dollar Index - Cash Settle (EOD) ($USD)

1/2a Gold - Continuous Contract (EOD) ($GOLD)

6/27 Bullish Rising Three candle pattern.

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