Tag: chart analysis

Is Silver’s Break Out An Early Bullish Signal For Gold?

| October 8, 2015 | Category: Price
Is Silver’s Break Out An Early Bullish Signal For Gold?

The chart shows that silver has already broken out from a major 3-year declining trendline. Silver has a track record to lead the precious metals complex. Is silver’s early break signalling a trend change? Or is this simply another false breakout, as we have witnessed quite some over the last years? Given the above conditions, we believe there is a fair chance that this breakout is for real.

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Two Charts That Gold Bulls Will Love

| October 6, 2015 | Category: Price
Two Charts That Gold Bulls Will Love

First, the U.S. dollar is taking quite some time consolidating. With a U.S. Fed kicking the can down the road when it comes to hiking interest rates, the market has clearly understood that the dollar cannot rally, at least not in the short to mid term. The strongly declining volume on the chart suggests interest in the dollar is waning. Second, gold is attempting to make a huge breakout, as evidenced on the following chart. The number of touchpoints on the resistance line is 5. The area between support and resistance line is minimal. If gold will succeed in breaking out, it will be THE long anticipated trend change.

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Close To Technical Buy Signals In Gold And Silver

| October 6, 2015 | Category: Price
Close To Technical Buy Signals In Gold And Silver

For the first time since the precious metals topped in 2011, both the Silver and Gold charts are constructing possible bottom configurations. The monthly Gold chart displays the bear trend that began with the completion of a major descending triangle in April 2013. As shown on the weekly graph, the decline in Silver from the 2011 high has been one for the textbooks. The decline has complied with the principles of classical charting as well as any other market in recent years.

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Gold And Silver: A Reality Check

| October 3, 2015 | Category: Price
Gold And Silver: A Reality Check

As we look to the charts, they continue to support suppression prevailing over-supply and demand. The average person uses daily and intra day charts to assess what is going on. This is somewhat akin to “looking at the trees instead of the forest.” The larger time frames are the equivalent of the forest for they depict a truer picture, and smart money references them without regard to the lower time frames used by most everyone else.

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Gold And Silver About To Make A HUGE Breakout?

| September 30, 2015 | Category: Price
Gold And Silver About To Make A HUGE Breakout?

It seems that the precious metals complex is stabilizing. Given the growing disbelief in the interest rate hike, even precious metals bears are leaving the arena. Recent price action is becoming more and more constructive with Gold, Silver and Junior Gold Miners all pushing against their downtrend lines.

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Ufa: Why It Matters To Precious Metals And The Dollar, But Does Not

| September 19, 2015 | Category: Investing
Ufa: Why It Matters To Precious Metals And The Dollar, But Does Not

The world is fast changing, and while Ufa is not a dominate feature on the world stage, it is an important one of so many, unnoticed by so many American, so unaware. Those unaware are unaware of being unaware. So true.

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Markets And People Never Change. Gold And Silver Chart Analysis.

| September 12, 2015 | Category: Investing
Markets And People Never Change. Gold And Silver Chart Analysis.

Markets never change. They are always the means for money powers to distribute their gains to the unsuspecting masses, and like the markets, people never change, always set up for being fleeced. One of the most important markets to watch is FX, foreign currencies, for that is where the demise of the Federal Reserve’s fiat Federal Reserve Note, more commonly accepted as the “dollar,” will play out.

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Gold’s Long Term Chart Looks Increasingly Bullish

| September 2, 2015 | Category: Price
Gold’s Long Term Chart Looks Increasingly Bullish

The most interesting trend on the longer term gold chart is the deceleration of gold’s decline. Although the trend remains down, with a clear formation of lower lows, the decline is slowing. Also note that the lows have occurred in an orderly manner, not comparable to the aggressive declines of April and June of 2013. This indicates selling pressure is fading and that gold is bottoming.

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Gold – A Bullish Scenario

| August 27, 2015 | Category: Technicals
Gold – A Bullish Scenario

Gold’s punk price action this week has turned me mildly skeptical, but I’ll follow the bullish lead of a chat room denizen who saw encouraging signs on Thursday. He posted as follows: “Just to let you guys know, [something happened that] I haven’t seen in a very, very long time: NUGT is up 16%, many of the miners I follow…are up quite a bit, and Gold is not down. This is a telltale sign that Gold…is ready for a launch.”

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Gold Price Strong Amid Stock Market Sell Off

| August 25, 2015 | Category: Price
Gold Price Strong Amid Stock Market Sell Off

December Gold appears to be consolidating for a push above 1200 in the weeks ahead. Notice that although the futures gave back most of yesterday’s modest rally by day’s end, the intraday high poked slightly above an ‘external’ peak at 1169.00 recorded back in early July. This generated a bullish impulse leg on the daily chart, implying that the pullback from Monday’s high is likely to produce a follow-through rally leg. Were it to equal the rally off mid-August’s 1108.50 low, the futures could trade as high as 1206.00 by month’s end or early September.

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NWO In Its Element: Problem, Reaction, Solution. Beware.

| August 22, 2015 | Category: Economy
NWO In Its Element: Problem, Reaction, Solution. Beware.

It occurs to us that we are all in the midst of the New World Order going about business as usual, creating Problems, and the bigger the better, then watching reactions of the masses, even governments. The worse possible the problems, the more horrifying the Reactions the better. For waiting in the wings is their planned Solution, all leading toward global takeover under a one world rule, like the UN.

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Gold And Silver Bottoming? Big Rally Imminent? Reality Check Says NO.

| August 15, 2015 | Category: Price
Gold And Silver Bottoming? Big Rally Imminent? Reality Check Says NO.

Believe whatever hype you will about gold and silver primed for a major turnaround, and we are in the camp wanting to see higher prices, but we remain pragmatic in putting far greater belief into what the market is saying, via developing market activity, a much more reliable indicator of the character of the trend, and both trends for gold and silver are decidedly down.

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Gold And Silver Charts Are The Compelling Story. Fundamentals Do Not Apply.

| August 1, 2015 | Category: Price
Gold And Silver Charts Are The Compelling Story. Fundamentals Do Not Apply.

Volume increased [effort], the highest volume for the week. Price made a slightly higher probe above the last 10 TDs, but note where it closed: mid-range the bar. On increased volume, the mid-range close tells us sellers were aggressive and overcame the effort of buyers sufficient to push price down from the high of the day. In a down trend, the onus is on buyers to effect change. Buyers are not meeting that burden. It is tough to change a trend. Respect it, at all times, until a change has been confirmed.

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Gold Price Target

| July 30, 2015 | Category: Price
Gold Price Target

The bearish target at 1059.70 (see chart) seems clear and compelling to me — so much so as to beg the question of why the futures have been thrashing around for the last two weeks just above it. Is this a bullish consolidation? A bearish distribution? Regardless, it is happening in an odd place relative to some clear Hidden Pivot support and resistance levels

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