Wednesday, February 25, 2015

Gold's Monthly Slow Stochastic argues bear is over

This chart suggests gold's bear market is over, which means Armstrong and myself would be wrong about a bigger low this summer. I am looking for a rally into the end of this month at least see how things shape up going into March

Tuesday, February 24, 2015

Monday, February 23, 2015

GDX Gold Miners Feb. 27 hi, June Low

These trends are not totally confirmed but they seem to fit some of my other work and also some other people's work I follow...

Tuesday, February 10, 2015

Gann Swing Indicator weekly Sell Signal

Also note the CM indicator at the bottom shows the last rally did not have much strength, look for divergences on that indicator which can be found at the tradingview.com site. That indicator shows whether the bulls or bears are in control. Also notice how gold refuses to get above the 70 period moving average, bears remain in control. The commercials also are still very short and they are usually right.

Friday, February 06, 2015

Gold - Caution new lows may be coming

My main work is showing a big low for gold, platinum, copper, oil, Euro later this year while the US Dollar should peak which is in agreement with Martin Armstrong's work. I am therefore cautioning that the highs may have already been seen for gold. chart link... http://stockcharts.com/h-sc/ui?s=GDX&p=W&b=5&g=0&id=p59612592730