Silver vs Copper ratio telling us something brewing up... Gold could be the beneficiary...
After a melt-up, you need a big base for a proper take-off...
And here is silver's epic move played out... never quite as imagined.
Silver Future's Quarterly EPIC breakout from Q1 2004... What if I was the same charter I am today back then, would I of seen the epic move about to unfold?
Gold's open interest 52 week rate of change at generational lows... last time seen in Q1 2001.
When the inflation adjusted US Dollar's relative strength vs the actual $DXY breaks down, expect gold to explode.
It's pretty simple... If you think the inflation adjusted US Dollar can go UP... & your purchasing power AUGMENTED... Then gold will mirror that on the higher time frames and go DOWN.
You don't get often these take off platforms as defined by the point and figure chart... When it breaks upwards... expect fireworks.
Silver leads, and when oil breaks out, silver follows. I identified possible situational analogs.
Dow vs Gold's Quarterly Ratio Chart, 16 year cycles, important bottom rail, and of course a Gartley harmonic. Tough to get a perfect one... still hunting.
Yeah, another BIG PICTURE chart... 16 year cycles, harmonics, pivot lines, historical support, resistance...
Where gold goes... silver goes... and platinum goes! Breakout on 8 hour chart.
Open Interest Defined "NEW Bull era". 1- same % drop in rate of change 2- rallies have followed when yearly rate of change has gone below this line then turned up
Possible Bearish Gartley Harmonic Pattern morphing into existence... so watch out for resistance confluence at 1.31.
18 year Gartley Bearish Harmonic Pattern... WOW! Still not perfect harmonics, but getting close.
Keep an eye on daily closes, and see if wall of worries can be overcome.
One small caveat to my Gartley bearish reversal pattern... So it this road map still valid? Time will tell.
Spx vs PPIACO... and how that ratio helps spot yearly defined peaks in silver.