CSGold1

CSGold1

This is one of the most bearish PM charts you'll see. Within this larger perpetual bear market, we are currently in the midst of the longest down leg ever, and it could very well keep going to $0. The upside: It's market cap is tiny, which means if it breaks out of the long sloping diagonal channel, it could be a quick rise to 60 cents; maybe even a dollar....

CSGold1

A base has been building for 5-6 years while some diagonal lines are starting to squeeze this base. If we see 50 cents again -- then expect much higher prices shortly thereafter.

CSGold1

Sometimes the simplest charts can give you the roadmap you need. The bounce off this horizontal line is important. But this beautiful cup needs to hold. Lets keep an eye on this for the next few months and see what happens.

CSGold1

With the weekly and monthly RSI down, there is chance the DXY will start climbing this wall. However, if it falls through, it could be a positive gamechanger for the stock market and precious metals.

CSGold1

Here's a long-term perspective I have not seen and will be interested to follow. I think bias needs to be removed. The bulls will see a potential shot to the MOON. The bears will see a likely hard spill. NEWS FLASH: This is a new and crazy world! EVERYTHING IS IN PLAY! If this gets above $2200 in 2024, it could be the start of something epic. If we see the...

CSGold1

If you are surprised about this gold smash - just look at this weekly chart. There is now a (slight diagonal) triple top that was created last night. Lets also remember, a year-end and quarterly close above $2000 is not good for banks. THE FIGHT IS ON. #PreciousMetals #gold #silver Note: There is a gap on the 4-hour chart in the $1835 range. This may still come...

CSGold1

The good news is we've nicely broken up and this arc is currently in play to all-time highs. The possible bad news -- we could be looking at a double top, which means it could break below this arc and fall back into the $1800s. Also worth noting, there is a huge gap on the 4-hour chart in the $1830 range that could come back to haunt us (and the miners) at some...

CSGold1

Interesting development on the quarterly chart. These arcs seem to be duking it out. I suspect a big move is upon us (one way or another) between now and early next year. #Silver #PreciousMetals #MacroChart

CSGold1

Well.. if this chart doesn't get you excited than nothing well. A decision is so obviously about to me made. Does this chart continue sideways-to-down, which would favour the SPX (general equities), or does money finally shift away from general equities and move into precious metals and commodities? This chart will tell us. The last time the chart looked like...

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.