
Criostasi
5.5K posts







Gold Miners Cycle Map — Week of May 18 - A count question Typically the first DC out of an ICL is on the shorter side. For the bullish view to be maintained, we don’t want that to be the case. We want to be hitting a DCL here, as the day 30/May 4 lows in $GDX and #Gold have been violated. Losing that low means that we could be looking at daily cycle failure. That said, we need more candles to be sure. If we can see a swing-low emerge, that low can be used as a protective stop for any long position. From a PA perspective, $GDX also continues to hold the October top. #Silver is now on day 14 of DC2 - or is perhaps nearing a late DCL like Gold. It hasn't broken the April 29 low which we can consider a positive divergence for PMs - it has broken the inclining TL. If we see a daily swing-low, that could be the sign that silver is leading here. My overall view remains - as it was back in January - that $NEM and $GDX looked to be missing a 5th wave. But the bear case needs more attention than it did a week ago. Ultimately the previous ICL needs to be respected or the overall decline continues into Q4. Targets unchanged: GDX 135-140. NEM 165. Or higher.























#BTC left behind an ICL in early February. Looking to November 2026 for the next 4YCL.










