Category: Weekend Newsletters


Sun, 10 Dec 2017

  Gold finally broke the October low, and prices should bottom within the next 1-4 weeks. A low is possible next week if prices suddenly spike below $1,215. In December 2015/2016 gold bottomed 1-day after the FED’s rate hike (see rate hike chart). Conflicting Data: Rate hike timing supports a low next week, but the […]

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Sat, 2 Dec 2017

  Gold jumped to $1,292.50 on Friday as the stock market briefly collapsed. Stocks recovered, and gold retreated. Precious metals will remain under pressure if stocks remain buoyant. Our primary analysis has called for a breakdown in gold. The ideal scenario expected a decline in gold below $1,262 (the October low) and subsequent bottom in […]

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Sat, 11 Nov 2017

  Metals and Miners declined Friday. They could be setting up to break the October lows next week. Gold dropping below $1,262 will sustain a drop to $1,180 – $1,205 over the next several weeks. If established, prices should bottom in early to mid-December. The weekly gold chart illustrates a low-profile “V” shaped basing pattern. […]

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Sat, 4 Nov 2017

  Gold is inching closer to the October low. It’s been 20-trading days since the previous low (October 6th), and I see two potential outcomes. Scenario 1- Gold formed a short-term top on Thursday, the 19th trading day. If so, prices should break the October low ($1,262) and proceed lower. Scenario 2- Gold is yet […]

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Sat, 14 Oct 2017

  Gold and Silver performed well after their October 6th reversals. Gold finished the week above $1,300 and produced a weekly morning star pattern (bullish candle formation). Silver rallied 3.70% closing back above its 200-week MA. Last weeks rally was encouraging but not enough to confirm meaningful lows. Miners were weak relative to gold and […]

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