? The Gold Bull Market Story In 10 Charts | Gold Silver Worlds

The Gold Bull Market Story In 10 Charts

This is a guest post by Nick Laird, who is the founder of Sharelynx.com, the largest source of precious metals related data on the world. Sharelynx is recommended for both the professional investor but also the precious metals enthusiast. 

In this article, Nick Laird shows the gold market as it is today in ten charts. The charts tell a story, and Nick did an excellent job visualizing the storyline. He combines chart analysis with the futures market structure and COMEX gold stocks. Astonishingly, all data points confirm the same direction: the gold bull market is in the process of resuming its uptrend.

The banks are long gold:

CFTC_bank_participation_January_2014

They are withdrawing supplies:

COMEX_registered_gold_stocks_2002_2014

They are holding back supplies:

COMEX_Gold_stock_eligible_2002_2014

Cots are positions perfectly for a bull run to start:

Gold_COT_Futures_January_2014

Pivot point time – double bottom:

COMEX_Gold_2003_2014

Silver double bottom:

COMEX_Silver_2003_2014

Time to breakout & soar:

COMEX_palladium_2003_2014

Time to get out of it’s funk:

COMEX_Platinum_2003_2014

Never been a better buy:

COMEX_Gold_standard_deviations_1994_2014

Just bounced off one of it’s most oversold phases:

COMEX_Gold_200_day_moving_average_1993_2014



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