IvanLabrie
Long

Dollar adjusted Gold: In depth time at mode analysis

a year ago
In this chart I conducted a very detailed time at mode analysis of the monthly chart in gold             , adjusted by the world's investor's perception of the dollar to give us a clearer indication of its value.
Right now, the chart suggests gold             might have bottomed in the intermediate to long term.
This is by no means a small claim, I know, but the technicals on chart are a powerful indication of a big paradigm shift here.
I'll look for bearish dollar setups from now on, I suggest you do it too.
Make sure to follow me at collective2, if you're interested of leveraging my technical insights.
Details are in my profile, as well as links to my track record as an analyst, forecaster and trader.

Cheers,

Ivan Labrie
Time at Mode FX
a year ago
Comment: On track, analysis is valid so far. Dollar peaked for 2015.
a year ago
Comment: Gold is holding its own, like most commodities, but even outperforming the index.
a year ago
Comment: We have hit the 12 month mode support. I think this is really the bottom for a long time.
11 months ago
Comment: Gold continues to be weak, failed rally is very bearish. We will resume the march down to my lower targets in the related ideas.
10 months ago
Comment: Big rally after time expired...nice!
2 months ago
Comment: ...and now it's looking toppy.
If you're interested in joining my trading newsletter or private lessons, message me. I trade Forex, Equities and Commodities. Contact: skype @ ivanlabrie, PM here or QQ (2954487803).
That took me a while to read through, so I know it took a long time to make.. Top notch work as usual!
+1 Reply
IvanLabrie TOP NickCoulby
a year ago
Thanks, now let's go make some $ out of these moves.
+3 Reply
albertwt NickCoulby
a month ago
Yes, I agree, Ivan idea is always fascinating.
Reply
IvanLabrie TOP albertwt
a month ago
I'll update this one.
Reply
Your analysis is great :) thank you for your input
+1 Reply
IvanLabrie TOP XavierAlexander
a year ago
Thanks, I try my best, have a great mentor, check out his work here: https://www.tradingview.com/u/timwest/
+2 Reply
XavierAlexander PRO IvanLabrie
a year ago
Your best is all that is required :) much respect to you and your mentor
+1 Reply
moneymaking
a year ago
Great analysis mate, appreciate your effort :)
Reply
IvanLabrie TOP moneymaking
a year ago
Thanks.

I'm executing some trades based on this analysis, it's useful to keep a larger picture perspective.

AUDUSD and NZDUSD will be retracing asap it seems, but they might continue up after said retracement is done. Gold usually leads the way, since they are both correlated to it (and live cattle, and copper).
+2 Reply
moneymaking IvanLabrie
a year ago
True, I also believe the current rallies on aud and nzd are likely to continue for a while, bulls definitely have the momentum, at for now :)
+1 Reply
This chart also implies the dollar has topped here. Potentially.
Reply
albertwt
a month ago
Hi Ivan,
Is there any plan to update this chart ?
I'm intersted to know if there is any correlation between DXY or maybe VIX with XAUUSD chart movement.
Thanks,
Reply
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