CSGold1

CSGold1

#Gold can tell us a lot about what's happening in the world by simply looking at the chart. Do you see a trend? Note - when the 12 month MA goes above the 36 MA, good things in the #preciousmetals are likely. Fundamentals are great... but don't' ignore the charts #markets

CSGold1

I can't help but wonder if this chart is telling us something?!? It's been a slow grind down, but this positive divergence on the RSI leads me to believe something is about to happen one way or another. As I've said before, nothing happens here without a massive pop in the spot silver price. STAY TUNED! Side note: Likely nothing to read too much into; but I...

CSGold1

This is looking like a beautiful setup and aligns well with a uranium bull run. Let's keep an eye on this one for the remainder of the decade ;).

CSGold1

Boil has followed some interesting arc patterns over the past decade? It seems to be becoming more extreme as it starts to breach the bottom line. It is certainly at a point to pay attention to.

CSGold1

For the 4th time since 2012 BOIL has hit the bottom of this descending channel. The fib extension landed perfectly on the 1 (3.31) and the stoch RSI (monthly) is showing oversold. A short-term move up to the first and/or second brown line has been the historical bounce, eventually making it to the third brown line before falling again. So lets see if it reacts the...

CSGold1

I believe a decision point is nearing with the DXY. It either attempts another move towards $120 or it spills through this arc soon and begins it's trek down the mountain. If it settles below $100 for any length of time, then expect a move much lower. The Stoch RSI makes me believe it might have at least one more bounce in the near term. But I'm happy to be wrong.

CSGold1

Forum Energy Metals looks ready to begin the next phase of its bull run after a healthy pullback forming this gorgeous bull flag. Until it breaks above this flag, however, another drop is still in play. If that happens, it could be the buying opportunity of a lifetime. . . if it isn't already.

CSGold1 Updated 

The chart is pointing to a strong move in the short term. The way oversold RSI gives it a good chance to go up. But sometimes the price goes down when the RSI goes up. Good one to watch in the short-term.

CSGold1

I believe we are on the cusp of a major decision. Retesting the descending trendline has potentially created a strong bull flag. If it bounces above 30 cents I think $1.00 is inevitable and the setup for the 5th elliot impulse wave is strong. Of course, a huge rise in the silver spot price is a must for this to be possible.