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 investing

They are withdrawing supplies:

COMEX registered gold stocks 2002 2014 investing

They are holding back supplies:

COMEX Gold stock eligible 2002 2014 investing

Cots are positions perfectly for a bull run to start:

Gold COT Futures January 2014 investing

Pivot point time – double bottom:

COMEX Gold 2003 2014 investing

Silver double bottom:

COMEX Silver 2003 2014 investing

Time to breakout & soar:

COMEX palladium 2003 2014 investing

Time to get out of it’s funk:

COMEX Platinum 2003 2014 investing

Never been a better buy:

COMEX Gold standard deviations 1994 2014 investing

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

COMEX Gold 200 day moving average 1993 2014 investing


Receive these articles per e-mail

Subscribe for the free weekly newsletter and receive 3 papers about physical precious metals investing