Gold, Silver Market Manipulators at it again - MAP Wave Analysis
Commodities / Gold and Silver 2014 May 29, 2014 - 10:14 AM GMTBy: Marc_Horn
Today the biggest market manipulators have been at it again! Yes our dear government regulators! Trading in gold and silver were halted on NYMEX!
How on earth do they think this is going to stop the continued drop in gold and silver? Well as long as they halt trading is about as long as the manipulation will last plus a bit for who ever's arms they can twist to help them..... and then the bigger trend will just carry on! DOWN.
Gold is at very precarious critical support to avoid first a retest of the 1200 area before continuing lower as shown below.
Gold is on it's 4th retest of monthly support. On the deci wave scale it is the 3rd retest of support and if that fails it will be retested as resistance before continuing down. This is never a good sign because once it break it will not return for a long time! If we bounce around 1250 expect a retest of 1300 (GREEN OPTION SHOWN), where monthly resistance may be tested for the 2nd time before a sharper drop than the deci option described (RED OPTION SHOWN ON CHART).
Either way the manipulators will not be able to control the market for very long. By the 10 June we are most likely to have a temporary low in the region of 1250, and before the end of July 1200 will be retested, followed by a retest of M012MLU for the third time, and then continuing down to make its final low of at least 700, and possible extreme low of 400 by late 2015.
So good luck manipulators! When are you going to stop the insanity of repeating the same behaviour and expecting different results!!! Totally insane. This is as insane as saying short sellers cause markets to collapse! - BASIC ECONOMICS 101 - for each seller there is a buyer! So obviously the problem is not the short sellers but the short buyers??? Hmmm.... what am I missing here???
No wonder with our political systems we do not progress with such stupid self lining elected officials! If we want to progress we need to start to look at our behaviour and learn from our failures!
MAP Wave Analysis is based on the combination of my modifications of Elliott Waves, Babston's Action and Reaction, and, Andrews Pitchforks, all of which unfortunately are so misapplied. It would appear that they all took their secrets with them to their graves.
Their principles are so simplistic, and being a believer in the KISS principle (Keep It Simple Stupid) I quickly took to them.
To me it was clear though that it was not the result of Newtonian physics, but human behavior!
MAP Wave Analysis gives unemotional high probability projections, BUT ONLY IF YOU USE THE CORRECT PIVOTS!
A good starting point is to speak the same language, so start with the Terminology which you can refer back to whilst going through the Theory. For a quick summary see my first publication The Euro as an Example of my Techniques
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