macd

The article serves to outline a series of my observations which may be useful in deciding on the direction of the next move of the market.
1) Gold is still in its Bull phase.
2) Price is just below its 200 day M.A.
3) Price is sitting relatively comfortably above the support of its smaller falling wedge formation.
4) […]

It sure was a wild ride in the gold market last Friday. I spoke about ‘fireworks’ in the Gold market over at the sister site to this one… and fireworks it was, but to the downside. Considering that the gold market since the early part of this year has been quite boring and lackluster, the […]

Finally we are at the daily price bar chart of Gold and the most recent price action. The daily price action is of course where the real action is! You can stare at long term price bar charts all day long but they do not move that much. The daily action will now ever so […]

We are almost right into mid year. So that means 2 more quarters of price action for the gold market. Two more decisive price quarters. I have discovered a very important fact about the quarterly gold price chart. This is yet another clue in the quest to determine where gold will go next.
The Quarterly Gold […]

The chart I am about to show you is what I consider to be the most important price chart out of all stock, commodity or currency charts on all exchanges! I consider it to be very important because it will and can have vast implications for so many other markets and eventually elements of the […]

n mid 1970 there was a pause in the overall gold bull market. The pause and intermediate trend change lasted about 2 to 3 years and was about a 62% retracement from where the entire run started in the very early 70’s. For a long time now as we have witnessed the current gold bull […]