WinstonWolfe

WinstonWolfe

However since 2009 and before you can see that in all major currencies gold has acted as a protection hedge against inflation and depreciation of these currencies. Definetely not a short term trade but one for the long haul and from the charts it is clear, the blow off top has not occurred yet.

WinstonWolfe

Clear head and shoulders pattern indicating to me that the gold price will head lower with a target of $1225/oz which corresponds nicely with the medium term support line. Then onwards and upwards from there later in the year.

WinstonWolfe Updated 

Gold/silver ratio upward trend line broken indicated ratio to lessen and Silver to rally faster relative to Gold. When the ratio lessens it also means that Gold tends to rally also.

WinstonWolfe Updated 

Self explanatory.

WinstonWolfe Updated 

Ascending Triangle formation in the last month, indicating a breakout is imminent by the end of the month.

WinstonWolfe

Gold has broken the downward resistance line indicating an upleg up in Gold and Miners.

WinstonWolfe

Presented with no further words. Bounce required or else!

WinstonWolfe Updated 

So Gold broke the upward trend line it has been in since 2016. Now the price now has two options. Perform a dramatic bounce above 1250 and stay above the trendline and recommence its upward trend. Or more likely bounce and touch just below the trendline and test another fibonacci retracement line down lower. It appears to be more likely the re-emergence...

WinstonWolfe

Gold at a cross road again. To break up higher from hear would signal a re-emergence of the upward short term trend and signal another attempt about the horizontal resistance area of 1350-1380. A failed move higher would signal lower prices for 2019.

WinstonWolfe

Rising trendline broken, horizontal trendline to be tested and then broken. Look out below as long bear market is on its way.

WinstonWolfe

Another simple chart indicating the bull for tech stocks may be over. Enter the bear.

WinstonWolfe

Another self explanatory break in the trendline.

WinstonWolfe

Goldlongterm bull market trend still in tact.

WinstonWolfe

Title says it all.

WinstonWolfe

Self explanatory...

WinstonWolfe

Downward point triangle indicates downward pressure, followed by a reversal in trend and a large upward correction. Similiar longer term pattern in playing out with large downward pressure, followed by a reveral in trend and large upward correction possible to follow? However first Gold must not break the upward supporting trendline otherwise this idea is void....

WinstonWolfe Updated 

Gold must hold here otherwise the bull market rally will be cut short and we will have to wait slightly longer for the re-emergence of the new bull market.

WinstonWolfe

Self-explanatory chart and indicators. Gold to break above $1400 and stay there this time?