Gold never failed to do AT LEAST 153% move AFTER recuperating quarterly defined all-time highs
Time to recuperate to quarterly defined highs AFTER a close below 18 month moving average. range from 1.5 to 25 years!
Is the current extreme level a signal of an impending HUGE move in favor of the Great British Pound vs US Dollar?
Using Chaikin Money Flow to spo hidden bullish divergence setups.
Open interest's MACD has never had this HUGE a rate of change... if gold can't do new highs... watch out for more hibernation.
$usdcad's open interest (with options) MACD defined cycles has it set at 5 years. Looking for a mid cycle peak in commodities in November 2023. #gotgold #gotsilver #fintwit #usoil
Rate of change of the moving average. Yep, smooth and reduce noise! Gold is about to resume uptrend in a MAJOR way!
Situational analysis... are we at end or beginning?
only time had 3 red quarter closes when above 18 month moving average 2nd time had 2 red quarter closes when above 18 month moving average blow off top for silver when 60% above 18 month moving average
Anaconda is an award winner, exploded BEFORE 1&3 year golden cross. Strikepoint and Sable can explode at ANY moment. Nexus on deck. #gotgold #gotsilver #fintwit $anx $skp.v $sae.v $nxs.v
Fear in a bullish construct is a buying opportunity.
When above 18 month moving average, gold never had 2 consecutive red quarters. Also had at least 2 consecutive green quarters FOLLOWING the red one! Enjoy a fabulous 2021 gold bugs!
Optimal situation for gold is a close above BOTH moving averages. 1774 (15 months simple moving average) 1731 (18 months simple moving average)
Any way I dice it, the structure for MANY gold price derivatives is eerily similar to post 2008 GFC. And we all know what type of insane run it did after! #gotgold #gotsilver #fintwit
Condensed fractal to touch monthly defined all-time highs by end June 2021
June 2021 close will set the tone. TSI signal now is a bullish cross of wires + situated in positive territory. Only other time this happened, silver moved 500% in 2000 days.
Never failed to have a sustained run after closing above yearly defined highs. Soo early. Wide range of yearly close targets (will overshoot on smaller time frames) 2600$ 2021 5000$ 2022 8100$ 2023 4800$ 2026