Adding distance from moving average analysis to spot momentum breakouts ahead of price.
You can even apply some "momentum structural analysis" on top of silver's point and figure chart!
Something violent right around the corner... Tight and coiled... nobody wants silver right now.
Not much room to go... violence in following move will be impressive.
Use distance from moving average to spot fear entries, and greed exits!
It starts from the smallest of time frames... to eventually ripple out on the bigger ones.
Keep a close eye on the Australian vs US Dollar. If the double arc holds...
Virtually identical. Same months.. tracking above the cloud now.
Another road map to see where capital flows will start to leave the US equities in favor of gold...
Current trajectory has me estimate an important plateau for silver in Q1-Q2 2022. Will most likely coincide with #silversqueeze trending again.
16% drop in ratio equates US equities hibernate till 2026-2029. Now at 12% drop... 4% more to go.
These guys, nobody pays attention to, yet have signaled bull and bear markets for gold since we had recorded data for them. When above that identified grey are, and above total shorts, it's go time!
Month not done yet, but could close 8% above lows of month, last time done in March Madness 2020.
Can't get a better setup than this. Either it's the end of bull run... Or HANG ON TIGHT!
A traders road map to silver's ascent back to 28$. One level at a time, but expect fast moves where "reverse symmetry moves identified" & "volume defined vacuum"
US dollar inflation adjusted tracks much better to gold than the non-inflation adjusted index.
Remember the low right bounce off right hemisphere is the low risk, high reward entry point. Not the top right corner and neckline, that is the target.
Gold adjusted for inflation, point and figure chart. More lines in the sand. A great place to run up as any!