Jump to content



Photo

The unfolding upmove in gold

gold charting techincal analysis gold bull market

  • Please log in to reply
678 replies to this topic

#161 senorBS

senorBS

    Member

  • TT Member+
  • 10,900 posts

Posted 02 April 2019 - 03:50 PM

This is a chart of inflation protected bonds (TIP) divided by the 7-10 yr T Bond ETF  IEF. The difference between the two products is that the first contains an allowance for inflation, so this is a chart of inflationary expectations. I like the clean 5 waves up from the 2016 low, perhaps an inflationary third wave is in the offing. We'll know pretty soon.

 

4-1-19-Infl.jpg

interesting, take a look at the daily CRB, is that a 1/2, i/ii and another i/ii with a iii of 3 dead ahead? we see

 

Senor



#162 Smithy

Smithy

    Member

  • Traders-Talk User
  • 2,266 posts

Posted 03 April 2019 - 09:12 AM

4-3-PLAT.jpg



#163 Smithy

Smithy

    Member

  • Traders-Talk User
  • 2,266 posts

Posted 11 April 2019 - 07:26 AM

4-11-10-gold-tri.jpg



#164 Smithy

Smithy

    Member

  • Traders-Talk User
  • 2,266 posts

Posted 11 April 2019 - 12:21 PM

GSR rising even higher to new multi decade highs. Silver is cheap.



#165 senorBS

senorBS

    Member

  • TT Member+
  • 10,900 posts

Posted 11 April 2019 - 01:51 PM

GSR rising even higher to new multi decade highs. Silver is cheap.

LOL, just saw that new high as well and just by dos centavos and after having exited my SLV after hrs yesterday at 14.28 just re-bought an initial tranche at 14.01, I still favor SLV/silver has 5 up daily and we are correcting that rally, interesting stuff in silver, I am wondering if GLD/gold has five up and this is a deep near term 2 whiles silver completes a larger correction - so far a double bottom at 14.90 and 13.97 SLV

 

Senor

 

Senor



#166 Smithy

Smithy

    Member

  • Traders-Talk User
  • 2,266 posts

Posted 11 April 2019 - 05:36 PM

Senor whaddya think about a 4th wave tri for gold last 2 months?



#167 senorBS

senorBS

    Member

  • TT Member+
  • 10,900 posts

Posted 11 April 2019 - 06:31 PM

Senor whaddya think about a 4th wave tri for gold last 2 months?

what mkt, don't see it in silver



#168 Smithy

Smithy

    Member

  • Traders-Talk User
  • 2,266 posts

Posted 11 April 2019 - 08:16 PM

.. spot gold daily



#169 senorBS

senorBS

    Member

  • TT Member+
  • 10,900 posts

Posted 12 April 2019 - 08:23 AM

.. spot gold daily

"technically" I cannot rule the contracting tri out but IMO it just not have the right look and I'd assign it low odds at this time, much more interested in the silver action and count here, especially with that new GSR multi-decade high yesterday - that could very well be upside completion in the GSR from the early Jan low 

 

Senor



#170 Smithy

Smithy

    Member

  • Traders-Talk User
  • 2,266 posts

Posted 13 April 2019 - 08:56 AM

Twiggy bearish on g & s today

 

4-13-19-G-S-1.jpg
 

4-13-19-G-S-2.jpg
 







Also tagged with one or more of these keywords: gold, charting, techincal analysis, gold bull market