Gold expressed in US Dollars at 375K for 2031... I don't have to explain you the hell what happened to get there. Else, more probable target is 24K in 2037. #hyperinflation #inflation #debt #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj
170k target in +10 years for Gold expressed in Turkish Lira. Coming to ALL fiat currencies.
Gold and Fibonacci Arcs w/ Gann Fan to tune in possible range of targets. Then using a pivot line in current move helps pin point time to reach 3725$ target. All in time before descent in 2024 lows from other cycle analysis. Enjoy! #gold $gld #fintwit
News is noise. Follow price action. Bonds up.. bonds down.. real yields up, real yields down. Silver? Doesn't always seem appraent on smaller time frames. Lots of moving parts. If you are always looking for perfect correlation, you'll be spun right round! #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj
Even the commitment of traders as filtered by linebreak price action, looks similar to 2010 take off. November looking like a great place for silver to move up the ladder to 31$. #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj
This is a linebreak chart. Like renko and point and figure, removes "time noise". You get to see price action only, with clearer trends. Setup is VERY similar to 2010 on many regards. Look at 50 and 200 period moving averages. Distance from the 50 overshot in 2020, but also corrected more. Might correct more, but the 2020 distance from it's 50 period moving...
I stumbled on this chart a while back... Silver's log chart looks eerily to gold vs US equities (DJIA or SPX). Silver's breakout above 20 seems to be front running this ratio. Pieces of the precious metals bull era puzzle fitting nicely into place. HANG ON TIGHT! #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj
Gold is completing pullback versus spx. This tells you the long term trend will now favor gold vs spx. Remember, ratio can go up with a mix of gold up or down and spx up or down. But it does tell you gold WILL out perform spx (US equities)... So tell me why you should go long US equities instead of gold? Doesn't make sense to me. #patience #gold #silver $slv $gld...
Not really.. but since March Madness 2020, when extreme low's in contango (or premium) for the "next contract in front" over spot... helped spot rallies on the 4 hour chart. Whether this signifies an important bottom or not is not always the case... just a traders possible bottom picking tool! Maybe this could cascade on higher time frames... time will tell. ...
Gold, like silver can also go parabolic... although it reserves the right to do so on only the rarest of occasions. Here is the etymology of such a run. Ingredients are ready, and the recipe is cooking... Enjoy! #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj
Freegold Venture's multi month correction could be ending in a couple of days! WHat sticks out is the volume defined base... where nobody wanted this stock. Then it just exploded up in a vacuum. Look for these types of setup in a precious metals bull era to increase your chance of hitting a firecracker! Enjoy! $fvl #patience #gold #silver $slv $gld #fintwit $sil...
Canadian listed $paas looks a lot better than US counter part. Check out the current correction to monthly defined neckline. If month closes above, then could be start of reversal and move to 73$ target. Also not this will help $sil and $silj.
Coeur Mining looking to back test important trend shift line. Looking at an important higher up descending trend line, I see where my monthly defined magnets reside. So, again in a weight of evidence precious metals bull era, looking at upwards targets, even amidst fear. A monthly close above 8$ starts the waterfall up! #patience #gold #silver $slv $gld #fintwit...
The 24 month simple moving average for silver has given clear signals and respected technical analysis pretty well. Don't hesitate to adapt moving average length to a specific instrument or time frame. Looking at current distance from the 24 month moving average, and if we are indeed still in a gold and silver precious metals bull era, then the reset could be...
Quarterly log chart for $XAUCAD. Super simple... and other than $XAUUSD... they almost all look lik this. Crystall ball in your hands when you look at other currenciesmeasured in gold. You realize when you aren't back by a stroe of value.. you are valueless! Fiats going to zero is baked in the system. Enjoy! #patience #gold #silver $slv $gld #fintwit $sil $silj...
Even sugar is still looking healthy... Great looking base on quarterly chart. More commodity charts still not moving as volatility is flying high. Could be a lag effect. Still need to wait and see if markets can be calmed by Fed Jawboning or actual currency/fiscal stimulus. $SB_F #sugar #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy $vix
Copper not moving much... not believing any deflation risk for now. Still trying to start moving upwards on that volume defined slide! Arc still showing uptrend and support lines just below us. Also note on apex of volume defined node.. which you want to slide on top. $HG_F #copper #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy $vix
Most noise I can remove from the volatility index. Those are INSANE wicks above 40, where we never had a bi-yearly close! #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy $vix