Clean H&S on gold

١٩ يونيو ٢٠٢٠

1820 would be the high target

٢٤ يونيو ٢٠٢٠

ملاحظة

We are now above the May high in the Spot market (analysis above).


Now we closing in on breaking the last quarters high in the August futures market. August futures are only presenting a buy signal now...


A reminder on the gold to S&P ratio.. it just hit the 618 I've been waiting for. Pretty timely, isn't it?

١ يوليو ٢٠٢٠

ملاحظة

Potentially going vertical from here into all time highs in gold

١ يوليو ٢٠٢٠

ملاحظة

Metals doing what they do best.. shaking traders out from their positions.

Still intact.

Here's silver:

٢ يوليو ٢٠٢٠

ملاحظة

Again, the fact that precious metals are testing patience is a good thing for longs. I don't like this price action like any other long holder. It's frustrating when we don't get smooth sailing, especially when you want to size up the position. I almost got stopped yesterday but my stops held and did not get triggered. If you're short the metals, pay attention to how yesterday's lows hold today. That should be key.

Longs, we really want today's lows to hold.

٨ يوليو ٢٠٢٠

ملاحظة

Closed above on daily yesterday and continuing its run

٢١ يوليو ٢٠٢٠

ملاحظة

trend continuation.. still long.