Platinum Overview Good ol’ XPT closed the week higher. If P action at Mondays open can push P action above this consolidation platinum could have a good week in the green. A hold above this and a follow of the likes of Gold and Silver could see price reach $880 within the next 2 weeks. If American markets fall, will look to see the precious metals take a slight...
Outer Perspective (Monthly Chart) Half way through the month of May and Gold is climbing seeing highs not seen since November 2012. Hopefully momentum and world dynamics in its favour to test levels depicted on the left hand side of the chart and breaks the wicks of 1795 and above. Area of Interest Looking to the highs. Gold is placed well into the close to...
Wait for price to correction. Enter long on breakout of correction Ideally the correction will line up with broken trendline
This ratio shows the amount of silver it takes to equal one ounce of gold in price. When the ratio is rising it means that gold is outperforming silver; when the ratio is falling it means that silver is outperforming gold. The gold to silver ratio is currently at 106 and falling after hitting an all-time high of 126:1. The average ratio in modern times is...
THERE WILL BE AN ABUNDANCE OF DOLLARS IN THE MARKET SOON!
I'm not trying to time it but this looks like a possible pattern. Might even go higher especially when the FED is printing like crazy. The dollar might be on it's last leg. Thanks for the view.
simple and clear view for get a signal on gold for beginner or even pro who not seen that figure..its very clean and clear..will be a good opportunity For now just wait and do not trade
New multi-month support at $32. GDX needs to stay above $32 for the rally to resume.
The combination of a shooting star (on an upward trend) combined with a red volume, signals a short-term reversal.
The gold to silver ratio appears to be nearing a breakdown lower. If this were to happen this would be incredibly bullish for both gold and silver. The gains in silver over the coming months would be incredible provided the level of 110 is broken and stays there. I would expect a bounce above 100 once it breaks lower, but then I would expect to see a complete...
Silver has yet to respond to the financial crisis and may prove a higher rate of return then gold until its next high. Not trading advice just value investing asking the question: which has more true value right now? Which is more undervalued? Silver or Gold?
Watch price to restest any of those 2 areas correctively and then enter the trade. GOLD will follow closely
Over the last few weeks I made a few analysis and in this one I will put all the pieces together. I just had my 'aha' moment where I've finally been able to get a very clear picture in my head. Could I be wrong? Of course, but now both Technical analysis and Fundamental analysis is starting to come together. I want this to be my masterpiece and from now on to put...
Could be time for a retrace Good luck traders
The Gold Silver Ratio is either about to create a second bottom in Silver or will allow Silver to finally join the Gold rally in a bullish move for the precious metals. This technical pattern does not indicate one way or the other what is the most likely outcome, however in a deflationary environment I would expect silver to head lower and therfore the Gold Silver...