Category: Reports


Tue, 28 May 2019

  Precious metals and miners could reach cycle lows by the end of this week. I think we could see a bottom within the next 3 to 5 trading days. Ideal support for gold arrives between $1250 and $1260.six Silver is testing major support around $14.00. I suspect prices will hold, but we could see […]

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Thu, 23 May 2019

  I’m going to start with the chart of miners. I believe it paints an appropriate picture of the current situation. Cyclically speaking, I believe the next turning point will appear next week. Unfortunately, it remains unclear if prices will top or bottom at that time. Miners have been correcting for several weeks. The moving […]

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Tue, 21 May 2019

  It’s been a wearisome grind lower in precious metals over the last three months. Cyclically speaking, we should be approaching the next 6-month low. I see the potential for a bottom at the end of May if prices drop a bit further. So I think we’re close to a tradable bottom. Gold miners have […]

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Thu, 16 May 2019

  Stock market fears temporarily subsided, and gold slipped back below $1290. A close in gold below $1280 would support a final decline in precious metals and setup the next buying opportunity at the end of May.   -US DOLLAR- The dollar closed above the trendline, and it looks like the beginning of a short-term […]

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Tue, 14 May 2019

  The markets are spooked over escalating trade tensions between the US and China. Gold jumped to over $1300 yesterday as global stock markets tanked. If this was just a fear-driven reaction, gold may begin to rollover and slip back below $1290. Holding $1290 and closing progressively above $1310 in the coming days would support […]

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