Until rates increase, but more importantly SURPASS inflation rate, then gold is pressure cooking up, and up, until a real blow off top... target end of decade.
If the arc holds, Euro Sun can build momentum and catch up to reach it's implied measured moves. See the price action below the arc, that is noise from smaller time frames. The close is what matters. Now it's already behind schedule, so it better get moving!
Wow... 30 year real yields down 12.5% today... for a 6th touch of ascending trendline. 'Nuff said.
Finally, to remove noise, I added a 8 week moving average to the $gld vs $slv volatility indexes. Guess what? I saw a strange resemblance to the gold vs silver ratio! Could still be some more room down... good for gold and silver.
Sometimes I find some cool new rabbit hole, and wish I had more data! Check out the ratio for $gld vs $slv volatility! Spotted important tops and bottoms. Just wondering how this looked prior to 2011...
2002 sealed the deal for the demise of the US Dollars. Point of no return until crescendo parabolic move for gold (end of decade) and an exit from negative territory for real rates, ala Paul Voker!
Renko chart reduces time noise, painting a clearer picture for pure price action analysis. Silver lead the way previously and doing so again. But the key takeaway is platinum's entry into the commodity bull era. Another piece of puzzle.
A lot of hard work already done by silver to get it back in Chaikin positive zone. Now on the cusp of a breakout on price and indicator action. Question is, will it go parabolic now OR later?
Platinum is acting very supportive of an inflation driven commodity bull era. Chaikin Money Flow shows discounts volume and candle strength, showing the underlying strength of momentum. Looks great!
It always get tighter than expected... testing our patience. Using commodity channel index to spot imminent failure... oh man.. soo close!
ADX tracks a trend, whether up or down. If we got a monthly defined breakdown with completed back test, I'd favor a strong continuation downwards when ADX picks up steam!
Silver's ADX on monthly chart has given great indication of trend. It just overcame the final resistance roadblock. Clear skies ahead!
One of the toughest charts to read. Sometimes the volatility spikes and silver bottoms, and other time the inverse. Ouff... Right now, I'm angling my analysis with contracting volatility as a jump platform from an uncrowded base.
Silver junior Miners still consolidating. Stan Weinstein's Mansfield Relative strength indicator vs spot silver will show the way. Time bomb waiting to happen. A close above +19 will send this flying to +32.
Lot's of clues silver is about to increase it's volatility. In a monthly defined uptrend, odds are it pushes the price action UPWARDS. Here, I'm using Stan Weinstein's Mansfield Relative strength indicator to see silver's performance vs gold, giving us clues when it's "burnt out" OR ready to go!
Weekly time frame gives good flexibility for increased probabilities to reach possible move (versus daily chart), and yields faster signals than on monthly chart. Blue Moon Zinc currently in a Stage 2 uptrend. Target .10$
Looking like 2019 Q4 setup plating out again... gotta love technical analysis. Gold could be exploding any time.
More vix vs silver research! I have an idea where we are. What analog do YOU think will unfold in silver's future real soon?