Archives

Gold (spot) – January 23, 2023

Line in the sand for me along the lines of the “bearish gold case” is that the red rectangle is an expanded flat. At times, the “c” wave can go 2.618*a and that’s just a little higher along w/ the 1.732 (square root of 3) extension target. For those looking to short, recommend waiting for […]

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GLD UPDATE

need to respect the move UP in Gold last week … was ‘hoping’ (a strategy) that we would see another leg down into the circled area to complete the multi-year triangle and then a very strong move up … watch over the coming days and especially this week. Bart

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Gold since 1913

historical data is king … w/ the correct and long term data we can make some very powerful forecasts and look for patterns that others might not see.  I came across a chart the other day that showed the price of Gold in/around 20 bucks when the FED was created in 1913.  so, below I […]

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