RogueCleaner
Premiumusing the line chart to reduce noise. triangle setup is now in place. 3 times the price has tried to break resistance. lets see how we go this time. US miners will track US gold prices. it made new high this week @ 2080. in the next few months we will find out.
Silver in its 3rd congestion phase. I estimate another 5 years of sideways movement before a giant break out. markets even though manipulated will find their true value in the end. just like the housing market worldwide is centrally planned. Eventually it will crash and burn. while some people hold 5 houses and others rent for life. real wealth comes from...
confirmation of triangle breakout. AUD strength against USD means commodities will move higher including gold. USD weakness probably due to the rise of BRICS. There will be states like Japan willing to destory themselves to buy more US treasuries . They did this in the past with the Plaza accord. I expect the RBA to lower rates soon to keep the AUD around .62 ...
KCN , like other ASX gold miners is forming a nice setup for a breakout triangle setup is looking pretty and shows congestion has been 5 years old. Expect it to crack $3 in the next 12 months. not only to the rising gold price but also KCN share price is being measured in a depreciating currency.
GMD has setup a nice breakout. Just waiting for confirmation with a new high. Triangle breakout has occurred already. 2B market cap is a good size and most mid tier gold miners are about this size. RED and PRU are other gold miners in the same band. Time to start accumulating gold miners are the gold price is due for a major run. Macroeconomic and geopolitical...
Wow, perseus has broken out hard. 2 gaps on the daily chart. But looking at the month chart , it has clearly broken the fibonacci resistance level of 61% -- Target area is now $4. it has been a bumpy ride up but its going to pay off soon. The rich and powerful can control things to an extent but natures laws always balance out things.
Nice chart. break out is confirmed. second level is also confirmed on the breakout. long term build up of going nowhere. now watch how hard this breaks higher.
target is now $28K. the bubble has imploded. HODL to zero. expect a dead cat bounce circa GETTEX:29K Who knows? Maybe the Fed will monetise the debt. all central bankers have passed the rubicon. There is no way back to positive real interest rates.
URA ETF is close to second level breakout daily chart shows a breakout already. monthly chart is at resistance but can move higher in the next month. Cup and handle pattern has formed on the monthly chart. Electric cars will need to be charged and BYD is going to overtake Toyota and Volkswagon in the next decade. While the empire was busy occupying, China was...
Can the AUD break higher? silver has broken out and so has gold. now the AUD in theory should follow. Maybe the market is expecting the RBA to lift rates to slow the bubble in housing. They wont pop the housing bubble. They only can slow the growth.. like slowing the growth of a cancer and not eliminate it. I see a new "slave" class in aussie economy. we see...
SPX going to the moon. all bets are off and the FED will inflate SPX baby to the moon. there is no way back now. REAL interest rates will never be positive again. Fed will take the path of least resistance which means we will pump stocks too the moon. There is no free lunch so the price of a cup of coffee will be $50 soon. I'll tell you a secret ... free...
TSLA bubble deflating and BTC to follow as well. if the current support breaks at fibonacci level it will head to $63. The hype is over.
As you all know Apple products have not changed in decades and an iPad is an iPad. new iphones are like the prev. model. not much development there. the market is saturated with overpriced devices. now the bubble has peaked, we expect AAPL to form a H+ S pattern which then leads to zero. AAPL will be the next Kodak. Jobs never invented anything. He just copied...
The price of red dirt is ready to break down. even with the debasement of the USD, the price of this commodity has failed to increase. This colony of the empire (terra nullus) has done well from the plentiful red dirt. A countries wealth is from its resources . African countries have always been exploited for this. China's demand for red dirt might be on the...
Gold has broken and the gold miners have started to show buying interests. MNRS etf is going to break out soon. Resistance level is going to be broken probably next week. anyone who has gone shopping in the past month will know prices are skyrocketing. Fruit and Vege are expensive and the quality of the produce is really poor. The only reason why...
Oil price is managed. It trades in a range for decades until high inflation forces it to break out of that range. Should the oil price break out of the current range. it will form a new range.
We are expecting the AUDUSD to move higher which means US Fed cuts or RBA jacks up rates due to necessity to reduce the impact of inflation. A weaker AUD means the cost of imports rises because 90% of goods are imported and not made locally. As you can see there is an unofficial band which this pair trades in most of the time. 62 - 82 cents is this unofficial...
A nice setup for a breakout spotted. Inverse H + S pattern. fibonacci also showing a resistance level.