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gold completing a multi year triangle

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GOLD – time to buy for next leg up?

12/22/2016 – w/ near record pessimism for Gold it appears that another leg up (to complete a multi-month long correction from 1046) is about to begin. levels below have a LOT of math … 1.618 price projection (dashed blue line) 2.236 (square root of 5) extension .786 retracement square root target using a 3.618 Fibo […]

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GOLD – bullish watch 1075-1076

OK, don’t shoot me … but I’m going to continue w/ the 3 waves down into a new low is in face a “B” wave and therefore the current move is wave 2 of C.  AS LONG AS THE LOW of 1073 holds then this scenario is in play … also note, in an expanded […]

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3 waves to a new “low” … don’t get fooled w/ Gold

just like were watching the 3 waves into a new high in Coffee and then lower .. same thing is appearing in Gold. take a look … a “perfect” 3 waves to a new low AFTER 3 waves to high at 1307.  My take, were getting ready to blast off in gold up to the […]

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Gold and Silver Update ….and some more of the metals

CLIFF NOTES: a case is made, below, that inflection points in the ratio of GOLD/SILVER cause big movements in the spot gold and silver prices.  Also, it appears that Gold lags.  We are at a resistance level which “might” be one of those inflection points so expect the metals to get moving NOW or SOON. […]

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Gold is getting close …to a BUY

I really DO NOT KNOW or have a BIG OPINION on the top at 1920 on spot Gold.  Well, it was either a BIG 3 or BIG 5 but I just don’t know … doesn’t change the fact that a long on Gold could be coming in soon.  It’s just how high it will go […]

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Gold/Silver Index … continuing the thread

here’s the previous Gold/Silver Index posts: http://bartscharts.com/2013/10/03/gold-silver-index-a-guide-for-the-yellow-brick-road/ so, as you can see the geometry is sure starting to unfold for a “double bottom” type of scenario and then, potentially, higher.  If you read my Gold posts http://bartscharts.com/2013/09/07/good-as-gold-part-1-of-2/  http://bartscharts.com/2013/09/08/good-as-gold-part-2-of-2/ then you’ll see how I’m looking for one more move lower on the Gold to set up […]

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Good as Gold Part 1 of 2

After the Silver post the inquiries regarding Gold have flooded in … so, in part 1 we’ll take a look at the Gold/Silver Index. The $XAU is the Philidelphia Gold/Silver Index and consists of 16 precious metal mining companies.  This index and the $BUGS are the two most watched precious metal indices in the world.  The […]

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