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| USA GOLD - USA Gold |
| GUNDLACH: Gold’s chart has ‘one of the most bullish’ patterns around |
| BusinessInsider/Jonathan Garber/08-10-17
Gold has been gaining steam over the last couple of days following news that North Korea could make nuclear warheads small enough to fit on missiles and the intense rhetoric that followed between President Donald Trump and North Korea’s army.
The precious metal has rallied almost 3% since the news broke on Tuesday morning and is now trading at its best level in more than two months.
And there may be more gains ahead, according to Jeffrey Gundlach, the foThursday, August 10, 2017 |
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 | Warren Bevan - Precious Metals Stock Review |
| Golds Trend Remains Up |
| By: Warren BevanWhat a great market week we saw this past week, until Friday where we saw some flash crashes in stocks, mostly those who populate the Nasdaq.The crash was just that, a flash crash and stocks came back quickly but still ended the week on a very weak note.That said, we saw the same type of action just a month ago and it only last one day before strong action resumed and took us back into new high ground quickly.I guess we’ve got to expect the same type of action this time as well.IMonday, June 12, 2017 |
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| Warren Bevan - Precious Metals Stock Review |
| Gold Making The Turn |
| By Warren BevanNot much action from markets as most heavy hitting stocks have reported already.Having seen the most heavily weighted stocks report already takes away the earnings surprise strength which has helped keep markets looking great, especially the Nasdaq.We haven’t seen the S&P able to breakout of its cup and handle and the handle portion is long in the tooth now and looking to roll lower as I suspected.The metals are holding support levels and are starting to hook higher so let’s take Saturday, May 13, 2017 |
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| Warren Bevan - Precious Metals Stock Review |
| Looking For Some Support |
| By Warren BevanMarkets continue to show some mixed action with Nasdaq leading on the back of not too many stocks making big moves.The S&P looks great with a cup and handle pattern and stocks are starting to come around after a nice rest as they complete new buy patterns.The metals showed some heavy weakness this past week unfortunately, so let’s check out where we can look for support to kick in. Gold lost a hefty 3.26% this week but good news may be here.The major pivot area of $1,220 is here aMonday, May 8, 2017 |
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| Warren Bevan - Precious Metals Stock Review |
| Metals And Markets Ready For Higher |
| By Warren BevanStocks just don’t want to rest for long and are ready for more strength in the immediate short-term.The precious metals took the week off and have formed very nice patterns which point to breakouts in the week to come so I’m into one mining stocks and may grab another couple or few positions early in the week if the action continues to be right.All in all, we look all good to continue our winning ways! Gold gained just 0.22% but looks awesome!A little cup and handle pattern here sSunday, April 2, 2017 |
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 | Jesse - Le Cafe Américain |
| Stocks and Precious Metals Charts - |
| Today was the end of the first quarter for 2017. And the paint is now dry on the tape.
The economic news, of at least the 'hard numbers' kind is not particularly good, as noted on the economic calendar included below.
Next week we will be enjoying another Non-Farm Payrolls Report.
You might be surprised to hear that corporate profits are up 10%, and the wealthy are enjoying very fat returns on their paper assets.
The common person, not so much.
The news on the tests was not very good, anFriday, March 31, 2017 |
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| Jesse - Le Cafe Américain |
| Stocks and Precious Metals Charts - The Irresponsibles |
| “There is only one thing more painful than learning from experience, and that is not learning from experience.”
Archibald MacLeish
"We all make choices, but in the end, our choices make us.
Andrew Ryan as a character in Bioshock
It will be interesting to see if Dandy Don and the Republicans can get their own house in order.
The party leadership, particularly in the House, encouraged the frivolous use of Congressional time with their fifty odd and meaningless votes to repeal Obamacare. TFriday, March 24, 2017 |
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 | Chris Powell - GATA |
| Last week's pops in gold and silver herald trend change, Turk tells KWN |
| GoldMoney founder and GATA consultant James Turk tells King World News today why he thinks last week's sharp increases in gold and silver herald a trend change for the monetary metals. Turk's comments are posted at KWN here:
http://kingworldnews.com/james-turk-mega-cup-and-handle-formation-has-si...Tuesday, March 21, 2017 |
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| Jesse - Le Cafe Américain |
| Charts at the Market Close - |
| This year I think that I am going to be publishing all of the charts in one posting, rather than splitting them up between stocks and metals.
Today was a lazier trading day than the numbers might have indicated. It was easy to lift stocks today, in other words.
There was little of note in the Comex reports from the last day of 2016.
I was looking over some old charts over the weekend, and I think that the direction of the gold and silver markets in the first couple of months will be quite tWednesday, January 4, 2017 |
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| Jesse - Le Cafe Américain |
| Charts at the Close of Trade on a Blustery Winter Afternoon |
| "It would not be an overstatement that demonetisation announced by the Prime Minister of India on November 8th might have been one of the largest self-inflicted macroeconomic shocks on a country in the absence of a short term crisis.
Given the sheer size - the decision to withdraw 85% of the cash in circulation has thrown India into disarray. Such a large and unexpected policy change naturally carries with it a large collateral damage at least in the short run."
Areendam Chanda, Notes And AFriday, December 30, 2016 |
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| Jesse - Le Cafe Américain |
| Charts For a Winter Afternoon - Fed Hikes 25, Signals 3 Hikes In 2017 |
| The Fed hiked 25 basis points today, as most everyone expected.
They also made some hawkish noises for next year, which had the dollar soaring, and the metals and stocks slumping.
Gold is now at the full retracement if this cup and handle formation is valid. More like a ladle with a pretty long handle. lol.
Let's see where this all goes.
A strong dollar is the last thing the real economy wants, and what one might wish to see if they were Donald Trump, looking to stimulate the economy byThursday, December 15, 2016 |
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 | Hubert Moolman |
| Silver Price Forecast: Silver Is Looking Really Bullish In Dollars, Euros and Rands |
| Silver in South African Rand
The South African Rand is often a leading indicator for where silver (in dollars) is going, as previously explained. Furthermore, the chart of the silver price in rands can often provide very clear signals or patterns of what might happen to price.
Currently, the silver price in rands provides the clearest signal (in my opinion) that silver is going to go very high in price. Below is a silver chart in South African rands:
The clear signal comes in the form of a flagTuesday, November 1, 2016 |
|
 | Andy Hoffman - Miles Franklin |
| Charting for Dummies Like Me |
| This morning’s Zero Hedge headline, “it’s a scary quiet, as the past month has seen the least volatility since 1995” says it all, of how thoroughly “the powers that be” have commandeered financial markets, in the face of the ugliest imaginable political, economic, and monetary backdrop. Heck, it’s been just six days since I penned “the ugliest economic data I’ve ever seen.”
Is such blatantly obvious manipulation due to fear of an imminent, systemic collapse? Perhaps, the implosion of DeutscheTuesday, August 23, 2016 |
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| Jesse - Le Cafe Américain |
| Gold Daily and Silver Weekly Charts - So Far So Good |
| Gold and silver caught some legs to the upside today after the Fed did nothing.
The markets suspect that the Bank of Japan will be announcing something that sounds like 'helicopter money' on Friday, which will continue to boost the global liquidity depending on what they do.
Another day or two of upside for the metals and we may be getting that 'up, up, and away' action that we discussed last week.
We have an intermediate inverse head and shoulders working, and if it breaks out it signals 1Thursday, July 28, 2016 |
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 | Peter McKenzie-Brown - Language Instinct |
 Tech Talk: The Cup and Handle Formation |
| Tech Talk:
The Cup and Handle Formation
This chart illustrates the behaviour of Aphria
Inc., a company
based in Leamington, Ontario, which provides medical marijuana to individuals.
It is listed on Canada’s Venture Exchange under the symbol APH.V. Other
licensed medical cannabis producers are searching
for opportunities to expand overseas while Ottawa works on its plan to
legalize recreational marijuana next spring.
This article is the first in a series
of articles I am writing on the useTuesday, July 26, 2016 |
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| Jesse - Le Cafe Américain |
| Silver Cup and Handles Project to a Potential Price of $54 |
| I know some of you have been projecting these nested 'cup and handle' formations on your own, because several readers have sent their examples to me and have asked for comments.
My first comment is the most important and I wish you to take it to heart.
Projections such as this are not forecasts, because the chart formations in these examples for the most part have not been 'activated' and are therefore merely potential things, possibilities, lines on a page subject to a great many exogenous fFriday, July 1, 2016 |
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| Jesse - Le Cafe Américain |
| Gold Cup and Handle Targets 1490 On a Breakout |
| A reader, David B, has suggested that I remind you all of the big cup and handle of 2010, with its subsequent breakout run higher in 2011. The bottom of the first big retracement was on the August 2010 gold option expiration on the Comex.
I admit that being preoccupied with other things, and not wanting to get ahead of ourselves, I have merely been plugging in prices for you, and not discussing the progress of the cup and handle. Since I have had several emails about this, I thought a brieWednesday, June 1, 2016 |
|
 | Gary Savage - Smart Money Tracker |
| GOLD NOT READY FOR A FINAL INTERMEDIATE CYCLE LOW YET |
| The voice of complacency says no pullback in gold. Anyone who took profits will not get a chance to reenter. Here is the chart. Clearly this analyst was expecting gold to soon take out the 2014 high. It’s forming a bull flag and cup and handle patterns in preparation for the rocket launch right?
Well this is why I don’t put a lot of faith in chart patterns. They often morph into something else. Doesn’t look much like a bull flag, or a cup and handle anymore does it?
“Bulls won’t get a reentry Tuesday, May 31, 2016 |
|
 | Gary Tanashian - Biwii |
| Fear Not Gold Bugs, Gold Ratios Well Intact |
| By: Gary TanashianWhat has been going on since mid-February is a burst of the 'inflation trade' as evidenced by silver's leadership in the precious metals sector. This opened the barn door for all kinds of inflated animals to flee into the light of day, and for commodity and inflation boosters to do their thing. As often happens with silver, things were pushed to and even through their limits. Silver went up, oil went up, base metals went up and stocks went up.But what we should do is retire Wednesday, May 4, 2016 |
|
 | Chris Vermeulen - GoldandOilGuy |
| The Next Technical Price Targets for Gold and Silver |
| I have pointed out earlier, gold is forming a possible short-term top. It
is on the verge of completing a bearish 'Head and Shoulder' pattern. The pattern
is confirmed if gold closes below $1220/oz. The downside pattern target for
this setup is $1138/oz.
If gold starts to rally and breaks out to the upside, then we should see the
$1396 level be reached based on technical analysis.
I will open a new long gold position when the time feels right. With technical
analysis strongly suggestinSunday, May 1, 2016 |
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