It's true: Charts help to predict the future ~ โUntethered from Gold, the dollar floats on a sea of hope & guessworkโ. Nothing here is financial advice ๐ฌ๐ง
I went Long after a new Weekly Cycle in #Gold was partially confirmed at 4337 on 11th August. There is zero reason to doubt this bullish move in #PM's. However, I doubt fresh ATH's will be seen before the 1st quarter of next year.
I suggest there are 2 routes.
1. Join my 'standard' service at $25pm or $200pa, link in bio.
2. Read up - See the book list I have. (Next post).
~Or, even better, both ๐
Yesterday likely marked a DCL in the USD index. I expect another Right Translated Cycle, therefore more concerted weakness should be expected in Precious Metals.
The Weekly Cycle should top somewhere loosely around late December, coincidentally my expected ICL window for Gold.
This is still my Monthly Gold chart view - Over the next 12+ months. I would expect some sort of low in November-December, where the Moving Averages and Bollingers will have closed up closer to price. A bullish start to 2027 ๐
Meanwhile, US Bonds (TLT) are again starting to fall in line with my Cycle expectations. In around 3 weeks we should see an ICL. Could we see the low from May 2004? Likely I feel. What a mess.
Meanwhile, US Bonds (TLT) are again starting to fall in line with my Cycle expectations. In around 3 weeks we should see an ICL. Could we see the low from May 2004? Likely I feel. What a mess.
Gold & Silver trades were closed for reasonable profits last week. A break of Gold's 10 DMA opens the possibility of Left Translated Daily & Weekly Cycles. Gold needs to promptly recapture that DMA + recent high's to keep the bullish scenario open. If it can't, a failed Daily Cycle beckons.
Holding all recent Silver miners purchased. I have allocated 70-75% of cash gained from January's profits in Silver miners, will add more if opportunities present themselves.
Although a small proportion of my overall portfolio, #Tungsten is a metal I like for a 5-Year view. I've owned TUN.L, Tungsten West, for the best part of a year. Now it's starting to come alive - I believe it's going places.