Thursday , 25 April 2024

Tag Archives: technical analysis

Goldrunner: Gold’s Extremely Bullish Backdrop Setting Stage for Run to $2,050, Then $2,400, Then $4,500 and Ultimately $10,000-12,000! (+2K Views)

Our subscription service provides detailed technical analysis of where the price of gold, silver and precious metal stocks are going short term (in the next week or two), intermediate term (within the next 3-6 months) and long term (the ultimate top) in each stage of their respective bull runs. This service comes with detailed charting based on conventional technical analysis and our proprietary fractal analysis based on the '70s. Below are some of our latest comments and rationale for expected price movements in gold without illustative charts which are only available to subscribers. Words: 1000

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Richard Russell: Market Caught in Standstill Between 2 Opposing Forces – Which Will Win Out? (Almost 2K Views)

The whole world of fundamental and technical analysis seems to be in a state of chronic confusion - confounded by this seemingly trendless stock market....[Usually] the stock market possesses the ability to forecast coming events but the periodic spates of Fed stimulation have thrown some sand into the stock market's delicate machine....Thus, we see the stock market ‘up on Fed-created stilts’ and at the same time we see depressing economic news in the newspaper headlines. Meanwhile, Treasury yields are sitting on near-record lows. We're seeing a strange paradox here.

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Gold and Gold Stocks Going Even Lower! Here’s Why (+2K Views)

The Fed’s recent inference that QE3 was not imminent has caused physical gold and silver and the HUI and the XAU to breach their downside support lines. These transitions set up the distinct possibility that we could well see $1,500 gold and the HUI and XAU at 400 and 144, respectively! Let me outline my analyses of the current situation and how it might unfold. Words: 386

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SILVER is Ready for Take Off! These 7 Charts Show Why (+3K Views)

After a very turbulent year, silver now looks set to take off again. The best entry point of the last 5 years was in 2008... and currently we are in a similar situation, which means that silver...is ready for take-off. In this article I will tell you why I think [that is the case illustrating my views with the use of 7 charts. Words: 1200

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What Are Technical Indicators Saying About the Near-term for Gold, Silver & Oil? (2K Views)

Now that we are at a crossroads in both commodity and equity markets heavy technical analysis, in addition to a standard fundamental outlook, may prove useful in identifying the next big swings - before they occur - for gold, silver), and crude oil... [and answer the prevailing question of those looking to establish, or re-establish, commodity positions: "Is now the time to jump into one or more of these markets or should I] sit on the sidelines a bit longer. [Let's take a look.] Words: 2012

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Today's Market Breadth is Bad Breath for Tomorrow's Market – Here's Why

"Where breadth goes, the market usually follows,” goes an old market saying and as Richard Russell said recently, "In a deteriorating market breadth situation where the ‘soldiers’ are deserting even while the ‘generals’ continue to march forward would be a prelude to disaster. In the stock market, it may be the same." [Let's review the current situation and see where we're at.] Words: 478

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“Three Peaks” Pattern Suggests Gold to Decline 17% into June!

There are a number of different ways to look at what has been happening with the price of gold and silver of late and to anticipate what is in store for them next. One of the most unique ways of assessing past, present and future movement is by taking a look at their "Three Peaks and the Domed House" and "Bump and Run" chart patterns. In deed, the "Three Peaks" pattern suggests that gold has peaked and will now decline by 17% to $1,290 per ozt. in June. Let me explain. Words: 835

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