Stefano Bottaioli https://goldbroker.com/author/stefano-bottaioli If you look at this ratio between precious metals and industrial metals which one is cheaper for you now? which one would you accumulate now? Copper or gold? TLT, gold, copper: Over the past 10 years the double top of yields has been a signal for Gold & TLT .... The double top of these hours could be the same signal ... so what would you do?... Wed, 12 May 2021 22:58:31 +0000 https://goldbroker.com/news/gold-vs-copper-which-one-should-you-accumulate-now-2322 $GOLD: the reversal is in place according with the last chart. The train is leaving the station: are you on board? Mon, 03 May 2021 22:27:58 +0000 https://goldbroker.com/news/gold-reversal-is-in-place-2306 The movements are alternating and now we are ready for another up leg n°1. Double bottom and indicators suggest getting ready... Tue, 06 Apr 2021 08:52:51 +0000 https://goldbroker.com/news/gold-double-bottom-indicators-suggest-getting-ready-for-leg-up-2244 It is evident that silver is moving as in the past and, as in the past, the rise can be impressive. Every dip will be a buying opportunity. Tue, 28 Jul 2020 07:53:36 +0000 https://goldbroker.com/news/silver-every-dip-will-be-a-buying-opportunity-1909 $GOLD $VIX $SILVER $HUI watch 2008 and you decide where we are: The extreme movements of volatility (VIX) have often accompanied movements of opposite sign in the precious metals. If we review the phase of extreme volatility seen in 2008, we find several similarities with the current phase: after a violent sell-off coincided with a violent increase in volatility, both gold (but also gold stocks) and silver reacted to the upside in a choral way. The aspect that unites these two periods concerns the enormous injection of liquidity made by the central banks then and today (not only but above all) and this analogy (not only technical therefore) suggests that the recent sell-off in the precious metals sector is only a momentary phase in sight further and ambitious progress in this area. $SILVER $GOLD are we there? Do you remember summer 2010? And what happened next on silver? Tue, 16 Jun 2020 07:52:56 +0000 https://goldbroker.com/news/gold-vix-silver-hui-2008-vs-now-1877 Silver has the characteristic of moving up or down respecting the seasonality a lot. I tried to check the last 5 years indicating the bottoms that often arrive between late November and mid-December. At this stage, silver has risen sharply since June (another classic seasonal minimum) and is consolidating, staying above the medium-term line. If we observe the movement of the last few years, the average has been approximately + 22% which is consistent with the scenario which sees the next leg upward projected towards the level of $ 21, which in turn coincides with the parallel of the ascending channel. The RSI indicator remains above the level of 50, not showing a negative divergence but forming a double marginal low which supports the hypothesis that the next movement may be not only upward but also well supported. We are entering the ideal period to accumulate silver. Mon, 25 Nov 2019 21:04:20 +0000 https://goldbroker.com/news/ideal-period-to-accumulate-silver-1694 The long-term silver chart shows - before any cyclical upward movement - an important element: a large double bottom. Not a double bottom for a short period, but for a long period. The period between the two lows varies between 2 and 4-5 years. The previous bottom was around the end of 2015 and, in fact, after 4 years we see an important reaction that broke a bearish trendline from the 2011 top. Buying the second bottom has always given - in subsequent years - strong gains (minimum +65% - max +1000%). Mon, 04 Nov 2019 22:28:02 +0000 https://goldbroker.com/news/silver-double-bottom-before-any-cyclical-upward-movement-1673 On March 17th, I published the long-term graph of gold in which I pointed out that the structure was bullish and no bearish signs were seen. After about two months of consolidation, gold has touched the red evolvent from which it immediately rebounded: this confirms not only that the structure is perfectly aligned to a bullish view, but that the red evolvent represents exactly the support to be monitored. Another important note is represented by the fact that all the indicators have maintained the bullish setting remaining above the support levels and this further strengthens the bullish view. Now we need to wait for both the bearish trendline and the $1350-$1360 level to break, which will mark the real strong mid-term upward signal. Technical signals on the weekly chart confirm bullish expectations There are technical evidences on the weekly charts that would indicate that the past week has triggered a medium-term bullish signal while the long-term movi... Sun, 02 Jun 2019 16:32:11 +0000 https://goldbroker.com/news/gold-reaction-has-arrived-exactly-at-the-right-time-1552 One of the most important indicators available in the precious metals sector is the ratio between gold and silver. In the last twenty years, the ratio has reached three times the value of 82 which has always represented an excellent buying opportunity, not only for the silver but also for the gold stocks sector. In the three years following the first two signals, silver has grown +230% and +460%, respectively, while in 2016, silver went up by only 45%. In the last few months, the ratio has always remained in a range between 82 and 86, but the bearish wedge pattern makes possible a sudden fall in the ratio, which would favor silver in a surprising way. The positive divergence confirms the possible bearish reversal of the ratio that would favor the silver. The return below the level of 82 first and then 80 will be the confirmations we need. Mon, 06 May 2019 18:39:42 +0000 https://goldbroker.com/news/gold-silver-ratio-forming-bearish-wedge-bullish-for-silver-1534 In my report dated 17th March, 2019 I signaled a technical structure with a rounded base and the weakness was still physiological, but in perspective, the second half would represent the ideal period for the breaking out of the resistance in the area of $1350... The recent downward movement has led to retesting the rounded base and now - with Friday close – gold has completed the correction in three waves (classic corrective movement) so now we are in the ideal condition to attack $1286-$1300 first and then the decisive resistance of $1350. For now, the long-term indicators have not given any long-term bearish signals, so the overall scenario remains bullish. In the short term, gold is a little below its key level at $1286 and if we see a five wave rally (in silver, too) it would be a strong sign to support a move higher from here. Gold: Analogy With 2010 The current bearish phase recalls what we saw in 2010: a movement in five waves with a retr... Mon, 06 May 2019 18:16:00 +0000 https://goldbroker.com/news/after-correction-gold-ready-for-a-jump-1533 Since the 1980s, gold has a cyclicity that develops with a 15 year-old periodicity among the tops: beginning from 1980 (1st top) after 15 years we had the 1995 followed by the top of 2011. At the same time the dollar made, in a mirror pattern, some movements with a series of 15 year-old alternate low: while gold was on the maximum in 1980 the US dollar made a minimum. Same speech in 1995 with the dollar that reached extremely low levels. In 2011 the dollar made a retest of the low. Opposite situation in the phases of top of the US Dollar: at the 1985 top, at the 2000 top and at the 2015 top, gold touched new lows. The actual phase of accumulation seems therefore to be close to the end with a new bullish leg head. The breakout of the horizontal red line (resistance) would be a first strong signal that gold is ready to start to the upside (meanwhile the US dollar is expected to fall). Indicators suggest that the health status of gold is OK. Wed, 20 Mar 2019 14:37:18 +0000 https://goldbroker.com/news/gold-cycle-respects-rule-15-years-1503 Starting from the data of the ‘70s, it is possible to elaborate a graph (on a logarithmic scale) that highlights a huge cup with a handle and that respects a cycle of minima every 15 years. As for gold, even for silver it is possible to make the 15-year cycle, starting from 1971: here we had the lows of 1986, 2001 and 2016. Using the lower indicator we can also see that the upward exit from oversold (with the average cut from bottom to top) supports the cyclical minimum theory. It is clear that keeping the minimum between 2016 and 2018 is fundamental for this theory to remain valid: the next upward leg will therefore be seen as confirmation of this enormous bullish figure. Tue, 19 Mar 2019 14:27:01 +0000 https://goldbroker.com/news/huge-cup-handle-for-silver-1502 Gold is completing a long rounded base and for now is making a series test of trendlines: at the moment the indicators still sustain a bullish structure that will be confirmed to the breakup of the descending trendline from the top of the 2011: a violation of the static (Horizontal red line) resistance will be therefore extremely bullish. As said the indicators therefore don't underline any type of bearish signals. The actual phase of weakness is consistent with a positive view in line with the bullish seasonality as we can usually see during the 2° part of the year. The overcoming of the last maximum (area 1350 $) will be a signal of an alert for further strength. Sun, 17 Mar 2019 16:06:37 +0000 https://goldbroker.com/news/pattern-indicators-sustain-bullish-view-for-gold-1501