Friday, August 30, 2013

Gold low late Sept. low - Update - indicator has shifted again and is now suggesting around October 25 for the low

Graphic below this post was done as an estimate based partly on other people's work which obviously has been wrong, my oscillator has shown both the high and the developing low now as of Sept. 13th.

Saturday, August 17, 2013

NUGGET Kite Formation

Projection is for the Direxion 3X Gold Stock ETF to peak in either December 2013 or March 2014, depending on whether it is the GDX or HUI index, further work will be needed on these charts but there is going to be a large rally between Sept and late year or possibly into early 2014.