H&S here. What else? Big base pattern formation.
The next break down will confirm a multi-year decline.
The pattern is always the same. It was simple, since 20k.
Golden Predator mining is focus on his 3 aces district scale potential project extend over 35km along trend, in Yukon. Several mineralized veins discovered with high grade. Average calculated grade of the bulk sample was 46.18 grams per tonne in 2016. What about the future? After the resumption of exploration market in general, i think Golden predator is a must...
USD/DKK like EUR/USD are at a critical juncture. The Breakout below the line confirms a precious metal rally in the coming years. My study are driven by correlation with other forex exchange. All the USD are predicting a collapse of the dollar. The cycle started at the end of 2015. It will end around 2025-2026. I will post more in the coming days.
The next rally confirms a multy year decline in the dollar. Gold will break 1400 $.
Market repeat itself with a frequency of 8 year. So what about now? Gold should climb in value making a break-out above 1400 and probably new all time high in the next several years.
Market repeat itself with a frequency of 8 year. So what about now? Gold should climb in value making a break-out above 1400 and probably new all time high in the next several years.
It is simple. Price are usually weakening before fed meeting. Prices may bounce a little or continue to consolidate. The next low should arrive around the time of the March Fed meeting. WE ARE AT A FLECTION POINT FOR THE DOLLAR . GOLD BREAKOUT IS LINKED TO A BREAKDOWN IN THE DOLLAR BELOW 88. I am a strong believer in correlations market. Usd/zar is collapsing...
The pattern is clear. Like the previous falling wedge happened at the end of 2015, we are approaching a similar structure. It is just a matter of time. I am optimistic. Dollar will collapse.
Break-out will happen when EUR/USD will clean up the 1.26 zone, at the same time DXY will fall again. Is just a matter of time. The entire dollar picture is deteriorating. The dollar will confirm a multi year decline when this will happen. Gold & Silver stocks are supposed to be the best investment for long term gains.
I'll make it simple, 'cause market need only observation. "Much reasoning and little observation lead to error, a lot of observation and little reasoning lead to the truth" - Alexis Carrel