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Ann: Paris Resource Drilling to Start and Investor Update, page-19

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Silvgolcoholic

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25/11/22

17:25

Post #: 64995538
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Originally posted by dfl: ↑

Its only just starting.

Elliott Wave View: Gold Miners (GDX) Starts a New Bullish CycleNovember 24, 2022

By EWFHendra

Short term Elliott Wave View in Gold Miners ETF (GDX) suggests it has started a new bullish cycle from 10.13.2022 low. The rally from there is unfolding as a 5 waves impulse Elliott Wave structure. Up from there, wave 1 ended at 25.4 and dips in wave 2 ended at 22.58. The ETF extends higher again in wave 3 towards 28.49 as the 45 minutes chart below shows. Internal of wave 3 unfolded as another 5 waves in lesser degree. Up from wave 2, wave ((i)) ended at 27.02 and pullback in wave ((ii)) ended at 26.05.ETF extended higher in wave ((iii)) towards 28.48, and dips in wave ((iv)) ended at 27.88 as a triangle. The last leg higher wave ((v)) ended at 28.83 which completed wave 3. Pullback in wave 4 ended at 26.76 with subdivision as a zigzag. Down from wave 3, wave ((a)) ended at 27.57 and rally in wave ((b)) ended at 28.09. Wave ((c)) lower ended at 26.76 which completed wave 4. GDX has rallied higher again in wave 5. Up from wave 4, wave ((i)) ended at 28.40 and dips in wave ((ii)) ended at 28. Expect the ETF to extend a few more highs before ending wave 5 of (1). Afterwards, it should pullback in wave (2) to correct cycle from 10.13.2022 low in 3, 7, or 11 swing before the rally resumes.

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Silver must hold 20.50! and start firing now towards 24 $ we are in larger degree 3 after all ! If ! We need fire in the hole now .... A iv correction in a 3 shouldnt take 2- 3 weeks !

IVR Price at posting: 5.2¢ Sentiment: Hold Disclosure: Held
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Last 3.9¢		Change 0.002(5.41%)		Mkt cap ! $61.96M

Open	High	Low	Value	Volume
3.8¢	3.9¢	3.7¢	$31.59K	828.5K

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No.	Vol.	Price($)
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Price($)	Vol.	No.
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No.	Vol.	Price($)
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0.039	903910	6
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Ann: Paris Resource Drilling to Start and Investor Update, page-19

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Buxton projects new graphite province discovery at WA Narryer play

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

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Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

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Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

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Ann: Paris Resource Drilling to Start and Investor Update, page-19

Top Stories

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Buxton projects new graphite province discovery at WA Narryer play

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

BCI reaches close of funding facility for salt-first part of Mardie project

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

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White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Featured News

Buyers (Bids)

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