Tag: chart analysis

Gold Closes Above $1,300 After 3 Months On Steady Move Higher

| February 13, 2014 | Category: Price
Gold Closes Above $1,300 After 3 Months On Steady Move Higher

Exactly 3 months ago, the price of gold broke down through the psychologically important $1,300 level. Today, spot gold prices broke above $1,300 and continued its move higher to close the New York trading session at $1,300.40. Gold is very close to test its 200 day moving average which comes at $1,304.70. Needless to say this is an important technical price level.

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Entire Precious Metals Complex At Major Resistance

| February 10, 2014 | Category: Price
Entire Precious Metals Complex At Major Resistance

Purely from a chart perspective, price patterns show that the whole precious metals complex, i.e. the four metals and the mining indexes, are all simultaneously trading at key resistance levels or at the end stages of a trading range. Let’s look the price chart of each.

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6 Remarkable Gold Charts This Week

| February 9, 2014 | Category: Price
6 Remarkable Gold Charts This Week

In the course of the past week, several exceptionally interesting charts were released on GoldSilverWorlds and other sites. In this article, we collect the most interesting charts expressing gold’s fundamental and technical picture.

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Gold And Silver Price – NWO “Problem-Reaction” Ploy Stronger Than Fundamentals

| February 8, 2014 | Category: Price
Gold And Silver Price – NWO “Problem-Reaction” Ploy Stronger Than Fundamentals

We remain of the mind that the elephant in the room that no one sees is the reason why PMs continue to be held hostage: the all-powerful elites, the New World Order, call them what you will. There is a seemingly invisible hand directing world affairs in ways few people can comprehend, and it is that inability to connect the dots that keeps the elites in power and the remaining people in the dark. This is an over-simplification, but on point.

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Time To Accumulate Stock Of Silver Stocks?

| February 6, 2014 | Category: Stocks
Time To Accumulate Stock Of Silver Stocks?

While we see it as a way of cutting through everything else, this shortened version of viewing a company from a purely results-oriented perspective, via reading a chart, should not be quickly dismissed. From this kind of look, one might more easily see the value in dismissing some of the stocks as buy candidates. Another important consideration: do not buy a stock because it is low, and you think it may rally and play “catch-up” with the rest of the market. There are very valid reasons why any stock is weaker, relative to other companies.

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Silver Price To Break Out Or Break Down In Coming Days

| February 5, 2014 | Category: Price
Silver Price To Break Out Or Break Down In Coming Days

The silver price is ripe for a trending move. The basic chart view reveals that a 7 month trading formation has been built which is ready to change direction (courtesy of ShortSideOfLong). The key question is, of course, in which direction will the next move be?

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Calls For Explosive Upside In Precious Metals Misplaced

| February 1, 2014 | Category: Price
Calls For Explosive Upside In Precious Metals Misplaced

We have 8 charts, 4 for gold and 4 for silver. At no time will there be any discussion of any fundamentals, severe shortages, calls for much higher prices, etc. The charts do not show any of that, at the moment. In fact, they tell a story that makes sense. The story may not appease the need for hearing how gold and silver are going to be X amount higher, sometime soon.

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Gold Silver Chart Reading More Accurate Than Fundamentals/Technicals

| January 25, 2014 | Category: Price
Gold Silver Chart Reading More Accurate Than Fundamentals/Technicals

When the trend turns up, there will be ample opportunity to be positioned from the long side with a lower risk and a higher probability of a profitable outcome, but never guaranteed. There is no need to guess. There is no need to predict. Let the market take its course, and then follow its confirmed direction.

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Gold Price At A Critical Juncture

| January 23, 2014 | Category: Price
Gold Price At A Critical Juncture

After having tested its multi-year low just below $1,200 an ounce, gold is currently bumping up against a declining 68 day moving average. The same moving average was back in October strong resistance; gold was not able to make it through it. If it can break through and get on the other side of these 2 moving averages, then that would go a long way to proving that gold is ready to shine again.

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Gold – Disconnect Between Fundamentals And Price. Perception Rules.

| January 18, 2014 | Category: Price
Gold – Disconnect Between Fundamentals And Price. Perception Rules.

Despite the fact that others who make predictions draws reader attention, we do not make them. For one, no one knows how the future will develop, just review all of the predictions from 2013 for proof. Secondly, there are utterly unnecessary. The market will indicate when the trend has changed, and there will be ample opportunity to be long paper futures, that is, if there is still a paper futures market in the next year.

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The Gold Bull Market Story In 10 Charts

The Gold Bull Market Story In 10 Charts

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.

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Is now the time to ‘Back Up The Truck’?

Is now the time to ‘Back Up The Truck’?

The current correction is close enough to be a Fibonacci retracement (technically at 38.2%), to have run its course. For some reason, the higher the price, the deeper is the eventual pullback. By extrapolating these numbers, the next major correction could very well cause a 50% price reduction. Possible numbers could be from a top at $3,850 down to support at $1,925. That scenario is a few years down the road.

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Gold And Silver – In East v West Gold War, Both Are Still Winning

| January 4, 2014 | Category: Price
Gold And Silver – In East v West Gold War, Both Are Still Winning

Despite all of this recognized demand from every possible source, how else does one otherwise account for the fact that the price of gold was down 28% for the year? The greatest, and only impact on the price of gold has been the central bankers and their concerted effort to suppress prices, and a very successful endeavor for the past few years. In this regard, Western central bankers have been winning the paper battle on gold, but they are also losing the most important war, economic dominance.

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Gold And Silver – Sharply Higher Prices? Be Careful What You Wish For.

| December 28, 2013 | Category: Price
Gold And Silver – Sharply Higher Prices? Be Careful What You Wish For.

Be careful what you wish for. Things that change, apart from increased PM prices, may be far different from what you may think or have not thought through. One of the strong possibilities will be more war; if not a major one, then smaller civil wars disrupting life in the Western world as we know it.

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