XAU projecting high for July/August 2017 - Chart update May 6, 2017

This is a rough estimate for the upcoming rally, I will post later after I do further work on this signal. The longer signal for HUI into late 2018 for a high is also still valid, so that implies a good rally into this summer and then some corrective weakness before resuming the rallying into 2018 for gold, silver and their stocks.

HUI Gold Bugs Index Major High Late 2018 (update)

This ties in with Gannman's  Elliot wave count for HUI to reach 470 area from Traders-talk.com gold forum.  Chart is breaking out above green trend-line this month of April 2017.

Gold Bugs Index looks ready to breakout

Canada's Arrogant French Canadian Prime minister Trudeau

Martin Armstrong's Amazing 1979 Chart predicted the Phase Transition of the Dow since 2009

The Dow has gone from the 6000 area to over 21,000 and will likely go to 30,000+ before the next huge bear market unfolds. 2017 will be the start of the Sovereign Debt Crisis which he says will lead to the breakup of Europe, then it will cause Japan to implode and finally the core economy the USA will go down and the country will break up into 4 countries. 2032.95 will be the end of the major pi cycle model and he thinks western civilization will crumble and we will go into the biggest depression in hundreds of years. Cheers!

XAU Update... March 3 High +/- a day - Update March 4, well this signal appears to have inverted.

March 4th update, signal has inverted. Looks like Erik Hadik has been quite right so far.... "Gold stocks selling off from cyclic peak on Feb. 8–9th… as Gold & Silver prepare for intermediate peak. Multiple indicators & divergence project overall (initial) XAU & HUI drop into March 1–3rd… with the potential for additional downside after an intervening bounce." http://40yearcycle.com/uncategorized/gold-stocks-declining/

Arctic Ice Extent Chart from Adapt 2030

This chart contradicts other charts that show arctic ice levels at record lows. The chart came from this video https://www.youtube.com/watch?v=XNWDyD0vbLU&t=107s    The video author is going against the mainstream and insists we are headed for at least a mini ice age because of the dim Sun and Cosmic rays then coming in more to create clouds.  This link contradicts the chart below... http://nsidc.org/arcticseaicenews/

XAU chart showed mid Dec low

I found this chart in my files, it was totally right but I overlooked posting it and posted the oct-nov low chart instead. I even got the approximate price level correct with the blue line.

XAU looks to be headed for a March High

This chart projected the low in Dec. last summer and was posted below back then as well as on traders-talk.com gold and resources forum. I originally thought Nov. would be the low but upon closer inspection the Dec. low does work on the chart, the chart is now projecting March for the next high and other measures including trendlines on the price chart and money flow oscillators are showing we have most likely seen the low for now, what happens after March will be another story.

Gold Update - GLD is projecting a Feb high

This contradicts my GDX projection below for a bigger low by Feb/Mar,  For a variety of reasons including money flow indicators and cci on gld showing an uptrend I think a rally is coming over the next few weeks, this means my original forecast from last summer for XAU to bottom in Nov is about correct (even though it kept going down into Dec for about 3 extra weeks).

Gold Down Trend Lines Dec. 21 2016

These lines argue the low is possible in as Senor on traders-talk.com thinks is possible, however if you draw a line on the top two points of the downtrend middle line that argues more down is needed.

Dow Jones Industrials looks to be headed for 30,000 area by 2020-21, Major Depression Low by 2060

Gold and Gold Stocks Major Low in Feb-March 2017

I have now looked at multiple charts, gdx, hui, gdm, gold, dust, all are pointing to Feb - March 2017 as a major low.  My xau chart from last summer while showing gold and gold stocks would go down into late November, the chart is now projecting Feb -March 2017 in line with the other charts. Gold stocks and Gold should then rally into summer 2019 which can be seen on the lower part of the chart.

This is in agreement with TSharp from traders-talk.com  and you can see his chart here... http://www.traders-talk.com/mb2/index.php?/topic/166085-gold/

Martin Armstrong has also been calling for sub-1000 gold since last summer and before the summer rally too.

Silver 2021-22 high of at least 300 dollars

There is possibly another low coming in 2017 after the current rally runs out, I am not sure about that issue, will cross that bridge when we get to it.

Gold chart projecting high for 2021-2022 of at least 6000 dollars

Gold 1157 Gap Kiss, 5 hour chart has also formed a doji, low for Gold may be in with good rally tonight going on.

10 Year Treasury Note High 2020

Here is the chart that is going to DOOM the Donald, a double bottom on treasury notes that looks like it is going to lead to a breakout of the downtrend since 1980 with a big high in 2020 right on Armstrong's pi cycle model trough. It will become impossible to balance the budget as interest expenditures on the 20 Trillion dollar debt explode. 2017 looks to be the start of it... Armstrong's 'year from hell'.

XAU Nov 2016 low on course...

July forecast unfolding...  Update Dec. 1,  for those of you who go onto the traders-talk.com gold forum you may have seen me state that xau looked like it should bottom on the 23 of Nov., so far that has held and also Gold almost closed the 1157 gap today which I had talked about on the forum, it just kissed the middle of the gap, that may be enough.

XAU Oct/Nov 2016 Low

This forecast is in agreement with Eric Hadik's work for a low later this year and will be an excellent opportunity to buy gold and silver and their stocks at a lower price.  UPDATE: The link below shows the gold stock bullish percent chart I posted on Traders-talk.com ,  is now turning down, the weekly gold chart looks to have an impulsive bearish candle stick on it, I doubt gold and gold stocks will go any higher now but anything is possible so stay nimble. http://www.traders-talk.com/mb2/index.php?/topic/164975-bullish-percent-gold-stock-chart-turning-down-octnov-low-coming/

XAU Oct/Nov 2016 Low

This forecast is in agreement with Eric Hadik's work for a low later this year and will be an excellent opportunity to buy gold and silver and their stocks at a lower price.  UPDATE: The link below shows the gold stock bullish percent chart I posted on Trader-talk.com ,  is now turning down, the weekly gold chart looks to have an impulsive bearish candle stick on it, I doubt gold and gold stocks will go any higher now but anything is possible so stay nimble. http://www.traders-talk.com/mb2/index.php?/topic/164975-bullish-percent-gold-stock-chart-turning-down-octnov-low-coming/

Sid Morris Elliot Wave Prediction http://elliottwavepredictions.com/

Housing Index Low 2020

On Traders-Talk in early 2008 I posted a chart that predicted a big low for the US housing market in spring 2009,  now the same housing index is showing another big low coming right on Martin Armstrong's Pi Cycle Model's next low....

Gold with monthly ribbon still not positive

note how gold has stalled on the top white line and elliot wave oscillator still weak...

Silver 16 Year Uptrend held support last winter

Silver should keep going up into at least 2018-2020,  Eric Hadik is now looking for a correction in the precious metals into next fall which will then be a second opportunity to get into the metals after last winter's lows.

Gold Bugs Index High Early 2018

This projection has been on my radar for many months, it now looks quite possible that the Gold stocks have seen their low and will break out of the big wedge without testing the lower line of that wedge again, this is of course in contradiction to Armstrong's strong dollar prediction because it seems quite unlikely that both the dollar and gold can go up together.

US Dollar Index HUGE Bull Flag

This chart going back to the 1960's of course is in support of Marty Armstrong's bullish view going into the near future, the far future is probably extinction by debt. It appears that the consolidation of the past year is a back kiss of the top wedge line, if correct this means Gold will collapse hard.

Euro July Hi, Oct. 2017 low

Gold/Euro final low Jan 2018

This chart is in agreement with Martin Armstrong's latest work which says that we are seeing a reaction rally in the Euro now that is not going to last, once the Euro turns back down then the Dollar will rally hard into 2018 driving Gold back down, so Martin's argument is that this is a sucker rally in Gold that will end sucking many in and then will be the fuel for driving it back down as stop losses kick in.

Silver is Breaking Out

XAU Late June to Early July High

After a high this should be followed by a low into Oct/Nov. 2016

Canadian Dollar July. 2016 high

A reader has pointed out the contradiction between the XAU forecast and the previous Canadian Dollar forecast, I was reminded of something I had noticed before, I therefore looked at the chart again using other software which is more accurate and found the Canadian dollar and the XAU are in agreement for a July high, this should be followed by a Nov/Dec Low.

HUI Major Resistance

Oil - Should rally into May 2016

Oscillator is pointing at May for the end of the bull run in Oil.
Also note Martin Armstrong says oil has to get above the 45 and 49 dollar areas in order to reach for the 70 level into May.

OEX SP100 Major Low Oct. 2017

OEX, EURO and XAU charts below are all pointing to major lows in Oct. 2017...'The Year from Hell"  as MA has called it, this should then lead to the Slingshot move with the US stock markets going into the Phase Transition and Gold skyrocketing.

Euro Oct. 2017 Major Low

Euro is in agreement with XAU and SP100 for a major low in Oct. 2017 which is in agreement with Marty Armstrong's view that the downtrend will continue into 2017 - "The Year from Hell"!

XAU Oct. 2017 Major Low

This xau chart is very powerful in its relationships and shows there should be a big panic crisis low in markets during that time, I also have a big low for  the the Dow then so that may be the bottom of for the dow which will then be Martin Armstrong's slingshot move that then propels the dow into a phase transition skyrocket move and starts gold off into its huge run up as confidence is lost in the major governments of the world. 

XAU hitting resistance

Gold Bugs Index Resistance and Support

Gold Resistance 1200

Dust Hi Spring 2016

Dust could go up to at least 100 dollars by april may...

US Dollar Index Low 2021

The dollar will fall and gold will go up...

Gold spring 2016 low (update)

Gold 60 Minute Wedge

XAU Projected Hi Dec. 23, 2015

Gold and its stocks are likely bottoming now on a couple of important cycles, this chart has been projecting a high into late Dec...

Platinum has most likely reached its Final Low

I had predicted 1 year ago on this blog that Platinum would bottom in Sept, +/- a month, it looks like Oct. 2 may have been the low. Here is the updated chart....

Gold Stocks Should Rally into early Nov. 2015

Erik Hadik is looking for |Oct 23 for the peak but I am showing it could go a little longer.

US Dollar Index - Late Oct. low and Jan hi 2015-2016

Gold - final low in early spring 2016

This projection is in agreement with Martin Armstrong recent radio interview on cknw.com
I will be doing more work on this with Tradestation later.

Martin Armstrong predicting final low for gold in late 1st Q 2016

listen to sept. 26 at 9 am


http://www.cknw.com/audio/

BPGDM (gold stocks bullish percent) is turning up

GDX Gold Stock ETF possible high into 2016

This chart is contradicting my gold chart, this chart is preliminary, I will be doing some more work on tradestation to confirm which chart is right. Dust's chart is also looking like a big low in early 2016. Notice the large wedge on gdx that appears getting ready to break to the upside. So is Erik Hadik or Martin Armstrong going to be right on this?

Gold's $850 Support lines

BPGDM shows more downside likely in Gold Stocks

Dust Oct. 2015 Hi

Gold Stocks - No buy signal yet...

green line is nugt, main indicator still in sell mode...

Dust appears to be breaking out...