


True Strength Index used to situate gold. Then you can see what's next.. or try to! Also note the contracting 6 month rate of change.. starting to expand once again. Purgatory could be ending, heading to all-time highs. Question is, will we get another purgatory (and for how long)?
Silver vs Silver Junior Miners is ompressed and ready to explode.
Silver, choosing it's volume defined slide on 6 month line chart. Angle of ascent is pretty aggressive. Look for targets above 30$ soon.
Gold next 100$ move should bring it comfortably above 1945$... and above any type of daily defined meaningful resistance!
Can I get my hopes up now? Oh boy this seems legit: Out of the daily cloud, heading up the volume defined slide... out of pivot lines... 17$ target.
Adding weight of evidence, in this case volume profiling, you see the strength of the Ichimoku cloud defined resistance. You can now add probabilities of slicing through it versus hitting a hard wall.
8 hour log chart with volume profiling and Ichimoku cloud. Do not lever up with silver. It's innate maniac properties is all the leverage you need.
Longterm Real Rates Weekly Renko Chart
Golden 1&3 year moving average cross + channel commodity index reset in bull zone = explosive move. Note those are monthly closes, will overshoot on smaller time frames.#gold #silver $gld $slv #fintwit #patience
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 $gld
if {bonds down && yields up} ; then echo "next USA inflation reading will surprise" echo "silver will rocket" else exit 1 fi
Is this out of ordinary? Gold already above all-time highs.. why are we stuck up that silver has to stay sub 30$? Platinum, copper and other commodities already moving along. I think silver's turn at bat is close. Looking for a home run.
Monthly log chart for gold showing trend line violation. Severe correction or did we just top? Next rally up is KEY.
Can a holiday miracle save the US Dollar? Oh wait.... holidays are cancelled this year... #dxy #gold #silver #fintwit
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.
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.
Nice basket case of upwards targets and time to reach them. Mmmm... I'm hungry!