Badcharts

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Gold's "False Scare" v2. This is where "weight of evidence" enters analysis. Add two SMA to situate price action. Is rate of change expanding or contracting? 2 year SMA is good 90% of time, while 3 year SMA to account for market crashes. Where are we now? #gold #silver $slv $gld

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if {bonds down && yields up} ; then echo "next USA inflation reading will surprise" echo "silver will rocket" else exit 1 fi

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Is this out of ordinary? Gold already above all-time highs.. why are we stuck up that silver has to stay sub 30$? Platinum, copper and other commodities already moving along. I think silver's turn at bat is close. Looking for a home run.

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Monthly log chart for gold showing trend line violation. Severe correction or did we just top? Next rally up is KEY.

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Can a holiday miracle save the US Dollar? Oh wait.... holidays are cancelled this year... #dxy #gold #silver #fintwit

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Rearranged the charts comparing gold expressed indifferent currencies, to outline the hand off currently done in favor of US Dollar collapse... A shift in this type of gold appreciation (gold appreciating in non USD faster) could signal severe head winds for gold.

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These are 6 month closes on log chart. Will overshoot on smaller time frames, and knowing silver's maniac tendencies, could be much higher on smaller time frames.

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Will the weekly defined descending trendline for 30 real yields require a final 8th touch?

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Nice basket case of upwards targets and time to reach them. Mmmm... I'm hungry!

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Using TRIX and gold's monthly log chart, trying to spot past performance for gold at similar juncture. Are we going fast and high, slow and low, or something in between?

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Keeping it simple. Monthly linear chart with TRIX and volume defined target/support/resistance.

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Now moving onto slightly higher time frame to see potential roadblocks.

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A melt-down in real rates could signal the next importatn push in precious metals prices. 33$ silver in Dec 2020 targeted.

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Breaking down the breakdown of 30 year real yields.

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Does the ticker even matter? What If I told you it's in a bull market, in a bullish sector?

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Does this convince you?

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Gold has hit 1 year moving average so I'm considering this as a fear entry, as walls of worries still present. First turnaround step today as gold exists declining Ichimoku cloud defined resistance.

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Constant fight of support vs resistance. I see silver on 4 hour chart showing promise, offset by previous volume defined fair value, now resistance. Will be support once silver slides above.