Gold's Channels Hint at Much Higher Prices By 2030
This week we will look at Gold's price as a series of large ascending channels that will provide a framework for where price could go by the end of the decade.
Read articleThis week we will look at Gold's price as a series of large ascending channels that will provide a framework for where price could go by the end of the decade.
Read articleAs we start a new trading year, gold and silver are both presenting long term set-ups that may well propel price to much higher levels over the coming years.
Read articleThis week we'll look at the fascinating 100-year chart of the United States Inflation Rate as well as long-term charts of inflation-sensitive Silver and Oil to see if we can find clues about where inflation could be headed next.
Read articleAfter falling into the mid-$1,800s this fall, the Gold price has taken off and is once again threatening its All Time High. With all eyes on Gold, Silver is quietly flying under the radar as it usually does prior to big advances.
Read articleThis week, I'd like to look at some big picture charts of gold and silver fractals. I'm dedicating this week's analysis especially to those who believe that technical analysis works only on smaller time frames to see if these charts might make you reconsider.
Read articleThis week we will look at the performance of gold compared to the United States financial sector. When this relationship is rising, it can be said that investors are showing a preference for hard money. When it is falling, investors are showing more confidence in the paper money system.
Read articleGold investors feel like they have been on a rollercoaster this month, as price has ranged from as low as $1,810 to as high as $1,932. Sometimes, a pick up in volatility means that a big move lies ahead. Most often, an increase in volatility is a wise opportunity to take a step back and look at...
Read articleWe first looked at Gold and Silver priced in World Currency Units (WCU) back in March, and it's time for an update to see how those charts have been tracking.
Read articleThis week we will look at a couple ratio charts that compare precious metals to real estate to get a sense of what might be the better investment going forward.
Read articleWe last looked at the Gold Silver ratio in February, and I would like to revisit the monthly chart today as the pattern has continued to morph yet is still playing out largely as expected.
Read articleAs lawmakers around the world congratulate themselves on taming this year, the charts of Oil, Copper and Gold suggest the biggest inflation is ahead of us.
Read articleA quarterly line chart often helps eliminate short-term trading noise and makes it easier to see major trends, consolidations and turning points. If you follow these charts closely, you can use them as an early warning system to spot significant breakouts before they show up on weekly or monthly...
Read articleThe charts show the Gold's performance relative to US Government Debt and the ratio of Gold price to the US Money Supply.
Read articleThe charts compare over the past few months that Gold indeed has recorded significant long-term bottoms and that the Silver's bull flag has broken out to the upside and is now backtesting that breakout.
Read articleThe charts compare the price of gold to the Producer Price Index of Lumber and Wood Products, but also to palladium and to the price of Microsoft stock. To figure out whether an asset is in a bull market, you don't just want to see the nominal value increase, you also want to see that asset outpe...
Read articleDow/Gold currently finds itself testing the lower rail of what may be a large Bear Flag. If it is a halfway flag, similar to that of the 1970s, the resulting measured move from a breakdown would be below 3. 30,000 Dow/$10,000 Gold? 6,000 Dow/$2,000 Gold? 90,000 Dow/$30,000 Gold? The answer will b...
Read articleSilver/Euro has already broken out on the monthly chart. Breakouts on higher time frames are even more significant, and this chart is an important piece of evidence that supports all time high prices ahead.
Read articleThe Gold/SPX (S&P 500 index) ratio appears to be breaking out of its third major consolidation in the last 100 years. The Silver/SPX ratio shows a similar story to that of Gold/SPX, as it too is breaking out of its third major consolidation in the past 100 years.
Read articleIt appears the debate about whether Gold/Dollar was forming a massive 10+ year Cup & Handle will soon be answered, as price officially broke out of the structure and closed at an All Time High quarterly closing price of $1,968.53 for Q1, 2023.
Read articleSince 2018 we have again seen a series of impulse moves higher followed by bullish consolidations. Gold price in euros appears to be breaking out of one such consolidation now that began in February, 2022, and the next impulse move higher may soon be upon us.
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