Author Archive: Zentrader

Zentrader started out in July 08′ as a way for me to share my nightly research, provide trade ideas, and keep a trading journal that kept me accountable and systematic in my trading. This experience has been good to me as I have built invaluable long-standing relationships. It’s also been therapeutic for me by helping me organize my thoughts, and I’m finding the longer I trade the markets, the more ways I need to detach myself emotionally and relax my mind as the internet’s ability to deliver endless information can be a blessing and a curse to a trader. I believe that to have longevity with investing, one must find ways to calm the mind and trade from a detached point of view. -- Jeff Pierce

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Gold Sentiment Reaches 2012’s Lows

Gold Sentiment Reaches 2012’s Lows

More of the same unresolved and non-committal action out of the precious metals markets this past week. Once again gold has reached a junction which should provide us with a road-map for where gold is headed in the immediate future. One fork at this junction, the bullish fork, we’re looking at this as just Day 7 of a brand new Investor Cycle. If this were the path gold has taken, then gold must break $1,696 next week. But taking the bearish fork has us still in a 5th Daily Cycle, with multiple possibilities with regards to the actual Daily Cycle count.

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Gold Price – Friday January 4th Could Have Marked A Significant Cycle Low

Gold Price – Friday January 4th Could Have Marked A Significant Cycle Low

The week closed out with some truly amazing action, and to a large extent expected too. The amazing action was the $80 “tip to tip” decline in gold futures in just 24 hours; exactly the type of response I outlined would be expected if the primary Cycle count was still valid. There is more work ahead for gold and we all know gold has thrown more than one curve-ball and sucker-punch recently. But I’m quietly optimistic that Friday marked a significant turn for gold and in due time price action will support this “opinion”.

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Gold Is Trapping Bulls In Daily Cycle

Gold Is Trapping Bulls In Daily Cycle

The precious metals are not making it easy for investors here. Some are buying afraid of missing a rally, others wanting to but afraid to commit, while the rest want to see more evidence of a change in trend before trusting again. The author is in the 3rd camp, as the trend remains down. Until proven otherwise, more evidence is needed before getting long again.

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Desperately Seeking A Gold Cycle Low

| December 20, 2012 | Articles: Gold Silver Prices
Desperately Seeking A Gold Cycle Low

A Dollar in decline, a 3 Year Cycle Top, and a “Dollar pummeling into the New Year” all sound wonderful for Gold. Ordinarily of course gold would be rocketing from here as the dollar collapses. For gold to drop this far while the dollar collapses is only masking the true severity of the precious metal decline. As for the gold Cycle, we officially have to contend with remarking our Cycles to better understand what the market is doing. Remember that Cycles are the true interpretation of what the asset has done, there is no ambiguity, a Cycle by its very definition can never be wrong. The fault lies with the […]

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Gold Cycle Is Hitting Critical Point In Gold & Silver

Gold Cycle Is Hitting Critical Point In Gold & Silver

This is an exclusive excerpt from The Financial Tap, who offers a FREE 15-day trial with complete access to the entire site. It’s decision time on the Gold Cycles, we’re down to the business end and the action is about to reveal exactly where Gold is heading in the near future.  I believe that gold over the next 4 sessions will reveal where it’s headed over the next 4 months. I covered my disappointment regarding the 1st Daily Cycle performance last week (in the article Gold Cycles: $1,704 Important Gold Price Point).  Since the Cycle clearly topped with the trend-line break, I warned members to expect $1,704 to be marginally taken out.  Well it’s gotten […]

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Gold Cycles: $1,704 Important Gold Price Point

Gold Cycles: $1,704 Important Gold Price Point

This is an exclusive excerpt from The Financial Tap, who offers a FREE 15-day trial with complete access to the entire site. In the mid-week report I stressed my disappointment with how this 1st Gold Daily Cycle did not live up to past expectations.  I also stated that I did not believe that Gold could have formed a Daily Cycle low so soon too.  Based on Friday’s drop back to the $1,708 level, I believe this statement still holds true.  With Day 20 now upon us, Gold is setting up to form a low with yet another re-test of last week’s dip. But I do not expect much more downside beyond this.  As […]

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Gold Cycle Analysis: Consistent Bullish Outlook For Gold & Silver

| November 25, 2012 | Articles: Gold Silver Prices
Gold Cycle Analysis: Consistent Bullish Outlook For Gold & Silver

This is an exclusive excerpt from The Financial Tap, who offers a FREE 15-day trial with complete access to the entire site. This was exactly the pop out of Gold that I was looking for this week.  The Cycle timing and coiling action right under the $1,740 Swing Line was telling us to expect this move.  Almost every 1st Daily Cycle in a C-Wave has been Right Translated and gained more than 6%, so there was little reason to expect something different here. I’ve studied so many Gold Cycle patterns and this one fits the mold of all other bullish Cycles.  Gold loves to pause near important pivots, like Swing low/high marks and prior […]

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Gold Cycle Analysis: Mining Shares Weak But Gold & Silver Bullion Strong

| November 17, 2012 | Articles: Gold Silver Stocks
Gold Cycle Analysis: Mining Shares Weak But Gold & Silver Bullion Strong

A remarkable event has taken place in the gold and silver markets in the past two days. It didn’t go unnoticed to anyone following these markets. The gold and silver mining shares have been sold off hard. The drop was out of proportion and did not reflect the actions in the stock market nor in the metals. The fact that the miners have been leading bullion up since August, raises the question if this marks a structural shift in the direction of the shares and the metals, or if both assets will start moving separately in the coming weeks and months. This article explains the answers on these questions based […]

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Gold Cycles: Bulllish Gold Price Outlook

| November 10, 2012 | Articles: Gold Silver Prices
Gold Cycles: Bulllish Gold Price Outlook

This is an exclusive excerpt from The Financial Tap, who offers a FREE 15-day trial with complete access to the entire site. Gold is off to a flying start in this new Daily Cycle and it’s exactly what we expected and hoped for.  If this is the first Daily Cycle, then we should see a consistent and grinding move higher from this point forward.  The first Cycle has a habit of relentlessly grinding higher, much to the chagrin of investors who continue to wait for a pullback to buy into this new rally.  Investors who missed the ICL will often look at the final ICL price compared to the quick $50 rally of a new […]

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Cycle Counts – Gold

Cycle Counts – Gold

Now you know why I was “50-50” as per last weekend’s report; I was just never comfortable with that (Oct 24th – $1,698) Low holding up as an Investor Cycle Low.  There was just a lot of evidence out of my Cycle Analyzer that was telling me to be very cautious, that the retracement to date was just not deep enough.  So in reality what we have playing out here is essentially what I have been calling for since mid-October.  Some 5 weeks ago when the decline began, I pointed out that a move back below $1,680 would be a normal retracement and what to expect. We witnessed a trend-line break […]

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Financial Astrology: Metals Under Accumulation

Financial Astrology: Metals Under Accumulation

The recent pullback in silver is counter intuitive to the HUI and suggests something is not jiving with the paper price of silver.  There are currently very strong aspects with Jupiter (silver) and Saturn (gold and mining) to the U.S. chart that would suggest institutional investors acquiring large amounts of the precious metals.  There could be more backwardation going on behind the scenes as the miners look bullish while the paper prices are moving lower.  Silver Wheaton (SLW),  Pan American Silver (PAAS),  Mag Silver (MVG), and Coeur D Alene (CDE) have not pulled back in line with the paper price and continue to look bullish. I would have expected more […]

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Financial Astrology: Japan’s Economic Recovery

| October 20, 2012 | Articles: General

There could be an interesting paradigm shift occurring in Japan that could set the stage for a new era of prosperity in a country that for the last 20 years has endured a rudderless economy. The planet Pluto is transiting the first house of the nations chart, and will make a trine to the nations Sun October 19th. The significance here is the first house represents the people of the nation and a “fresh start.” It could be that the government has intentionally derailed the economy for the last 20 years, racking up debt and eclipsing the GDP by over 230%. The recovery could come this time from the people, […]

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COT Report Is Short Term Bearish For Gold

COT Report Is Short Term Bearish For Gold

The Gold Cycle looks fairly easy to read; once you strip out any biases you may carry.  Quite simply, it’s screaming Investor Cycle top and warning of a significant decline.   Sure when viewed through the idea of endless printing and world crises’, one could easily suggest or envision much higher prices before any significant pullback.  This type of thinking is actually what drives IC tops, an unrelenting belief that a Cycle will continue higher based on short term speculative interest and a fear of missing another move. But the facts are that we’re very deep in the timing band for an IC top, we have a very bearish COT report, […]

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Time To Establish New Gold Positions

| September 28, 2012 | Articles: Gold Silver Stocks
Time To Establish New Gold Positions

The following is an excerpt from the premium mid week update from the The Financial Tap, which  is dedicated to helping people learn to grow into successful investors. They provide cycle research on a number of markets through weekly updates and the offer real time trade alerts to take advantage of market inefficiencies. They offer a FREE 15-day trial where you’ll receive complete access to all the valuable resources on the site. The miners have taken a 4 day beating and just like that (as warned in the weekend report) they gave back 10% of their gains.  I was looking for at least a gap fill back at the $51.50 level and preferably a move […]

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