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Gold: Could It Possibly Look Any More Bullish?

Published by Kevin Wadsworth | Nov 24, 2019
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Gold log chart. Could it possibly look any more bullish ? I don't think so.

I don't usually like to forecast precise numbers, but, just for fun... $1700 Gold, $25 Silver and a Gold/Silver ratio of 68 within the next 6 months.

Original source: Northstar ‏- Twitter

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Tags : Gold Silver Offer & Supply

About this author

Kevin Wadsworth

Technical Analyst

Articles

Kevin Wadsworth has a background in meteorology, having spent over 25 years in military and civilian weather forecasting. The science behind weather forecasting aims to unlock methods and techniques for predicting the future with ever-increasing accuracy. A friend and colleague helped spark an interest in the global economy and the financial world in the early 2000s. The financial crash of 2008 got Kevin hooked, and he gradually became aware of the similarities between forecasting the future weather and forecasting future price movements in the financial markets. The cyclical nature of markets mirrors the cyclical nature of the weather and seasons. Around that time, he read an abridged version of Strauss and Howes ‘The Fourth Turning’, which intrigued him. His focus is on ‘tuning out’ of all the ‘noise’ and presenting clear and uncluttered charts and gathering together all of the evidence. Kevin tries to have no bias but instead follow the weight of evidence. He says, “I’m not a bull or a bear; I’m simply presenting the evidence as I see it.”