Gold’s False Breakout and Claims of $7,000 Gold
Today we discuss big picture setups for gold and silver, and look at the spectrum of reward vs. risk that exists in the precious metals.
There are significant opportunities ahead but it is critical for individuals to follow an ancient Greek philosophy when it comes to investing in gold or silver…
Congratulations to anyone who participated with us in this silver trade. A stellar surge was seen today, up over 80 cents from yesterday’s lows. Today we highlight what we expect for both metals over the rest of the summer.
Some people have asked about a service to alert you to trade opportunities in silver such as we saw today. If this is something that interests you, please send an email using the link below, as we are investigating the possibility of something like this for the future:
https://igoldadvisor.com/contact/
Thank you for watching, and best success in the week ahead.
Gold & Silver are approaching important support zones on the charts where we expect bottoms to form, and silver is setting up for a strong trade opportunity in the near future.
All the latest action in gold and silver, including a comparison to the 2008 bottom in silver.
Meanwhile, there is a shakeout underway in the gold and silver mining equities. We should expect these every few months — as the markets attempt to shake investors our and make us lose our positions. Let us not lose sight of the big picture.
A drop in the after-hours market for gold and silver today after the Fed released a statement indicating it might raise interest rates in June. Should gold and silver investors fear?
Gold is “chipping away” at the resistance near $1,305 while silver looks healthy within the $16.75 – $18.50 zone….
In the second half of today’s video we look at historic volatility, for those who are invested in the gold and silver mining sector. Prepare for a wild ride with the potential for life-altering gains.
Today we look at gold and silver prices around the world for confirming indicators of a new bull market. Currencies include:
-US Dollar
-Canadian Dollar
-British Pound
-Euro
-Australian Dollar
The gold to silver ratio has broken down below an important 5-year trend. What does this mean for silver and gold prices going forward?
Also we look at the formation of a set of embedded head & shoulders patterns in silver that are going to set the stage for significantly higher prices in 2016-17.
Gold continues to consolidate in a very healthy formation.
Silver breaks its Inverse Head & Shoulders pattern… what should we look for as the next target?
Today we take an in-depth look at the bottoming pattern showing for the price of silver.
Gold also looks very healthy for the beginning of a trending move higher.
The gold and silver miners are showing excellent leadership in the sector, and we share some research as to the valuation potential for the sector.
Gold is retesting its breakout in the $1,185-1,200 region, while silver is setting up a long-term inverse Head & Shoulders bottom.
Gold and silver have been weak the last few days, so we take a step back to look at where things are on the longer term charts.
It is also important to decide what sort of investor you are. Do you trade the short-term swings, or are you longer-term oriented? In my experience, there is room for both, but they require very different strategies.
We are looking at the model for a stealth bull market underway in gold, and watching important resistance levels around $16.25 for silver.
Today we look at historical examples of multi-decade consolidations and breakouts that have occurred in the past in the Dow, from 1959-1982 and what happened afterward.
The gold and silver mining sector as referenced by the XAU has been consolidating now for over 30 years. Its potential is larger than that of the Dow in 1982.
We also look at the corrections that occurred in previous bull markets.
The Fed’s remarks today sent gold blasting higher with silver following not too far behind. Today we put that action into proper context since the first Fed rate hike from December 2015.
Today we look at the last week’s worth of market action for both gold and silver. We have higher targets for silver coming, and gold looks to be in a nicely defined trend channel.
Also some thoughts on the PDAC convention in Toronto.
Gold has a nice break above our consolidation pattern as expected, while silver performs perfect textbook technical action.
Coming to you from Toronto, with an update from the PDAC mining convention coming later this week.
The SLV silver fund has shown its highest hourly volume in 6 months… an important indicator on a retest.
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I will be attending the Prospectors and Developers Association of Canada conference, in Toronto from March 6-9. I will have some updates on the gold & silver mining sector from the show.
Link to PDAC gold & silver mining convention in Toronto, Canada, March 6-9: http://www.pdac.ca/convention
Going to be there? Get in touch.
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There has been a lot of concern about silver prices in the last few days, struggling even as gold has held above a critical support zone. Today we look at the long-term data driven trajectory models for both gold and silver, extending our predictions out into the year 2021.
While silver has been weak recently, there are many early warning indicator signals coming that this weakness is only temporary.
Meanwhile, gold is showing signs of repeating the 1970’s model but on a longer-scale timeframe.
Thank you for watching.
-Christopher Aaron
It is important to be motivated to do the work that is required to achieve outstanding gains in this sector, so today we look at the two most important valuation metrics for gold and silver:
A) gold & silver miners vs. the rest of the US economy
B) gold & silver miners vs their own metals (gold & silver)
There is a precedent for life-altering gains in this sector currently, based on data-driven valuation metrics.
I believe in this research, which is why I am sharing it here. This is the research I use personally, and for clients. Thank you for watching.
Very healthy consolidations are occurring in the gold and silver markets at present. And we have early warning indicators to the near-term price trends…
Currently we are working on a detailed model for the price of gold over the next several years. That should be available in the next update.
Thank you for watching.
Gold continues to consolidate above the October high, while silver’s bottoming breakout becomes more legitimate by the day. Why is the gold/silver ratio still moving in favor of gold?
Link to Mike Maloney’s analysis, as it is always beneficial to hear different perspectives:
Silver continues to hold a break above our bottoming wedge pattern… how low can it go without negating this breakout?
Gold has hit the lower range of our expected fall — what price do we want to see for gold prices to confirm a new uptrend?
Gold made a significant breakout this week. Can we confirm or deny this move based on gold priced in other currencies?
Also a look at one of the most famous attempts to suppress the price of gold, and how that ended for the Central Banks. Neither gold nor any market can be held back over the long run, and we are getting strong signals now that a new era of rising prices is commencing in front of our eyes.
Thank you for watching.