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GOLD – time to buy for next leg up?
Posted on December 22, 2016 Leave a Comment
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 […]
GOLD – bullish watch 1075-1076
Posted on November 6, 2015 Leave a Comment
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 […]
3 waves to a new “low” … don’t get fooled w/ Gold
Posted on September 30, 2015 Leave a Comment
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 […]
Gold and Silver Update ….and some more of the metals
Posted on August 13, 2014 Leave a Comment
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. […]
Gold is getting close …to a BUY
Posted on February 9, 2014 Leave a Comment
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 […]
Gold/Silver Index … continuing the thread
Posted on October 11, 2013 Leave a Comment
here’s the previous Gold/Silver Index posts: https://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 https://bartscharts.com/2013/09/07/good-as-gold-part-1-of-2/ https://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 […]
Good as Gold Part 1 of 2
Posted on September 7, 2013 2 Comments
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 […]