US Dollar's 4 & 8 hour charts. See how a signal on a smaller time frame is met with an opposite signal on a higher time frame. When they align, you increase your chances of meaningful move. Watching 92
Approaching Ichimoku defined "turbulence zone".
Gold has escaped from cloud containment on smaller time frames. Now to see if this can gain momentum on higher time frames.
Silver trying to poke out of the cloud... for a third time!
Silver has 2 targets. 85$, then 215$ once a 6 month candle close above 35$. Gold has a confirmed 2650$ target. It closed above 1700$ on a bi-annual basis.
Looking for a 6 month candle close above 74.15$ to confirm breakout.
Looking for Q2 close above .78.
Twin refusal on 6 month candles is a HUGE topping signal. Now we wait for confirmed breakdown with Q2 close below 1.2579.
Great British Pound is above horizontal breakout line, below descending long term trend. 1.35 is now a "wall" (previous resistance turned support). $gbpusd #gotgold #gotsilver #debt $dxy
As for the US Dollar, expecting Q2 close below 92.30. Leaving a wick, as smaller time frame noise, above it. #usdollar #gotgold #gotsilver #debt
With a very convincing breakout candle (Q2 close 2020), now consolidation ABOVE important breakout line. 1674.95$ is a "wall" (previous resistance turned support).
1771.70$ "wall" (previous support turned resistance) no quarterly closes below 18 month moving average in previous gold bull markets
Next explosion in deficit (in progress) will set the stage for an INSANE run in precious metals, specially silver!
Consider M2 growth explosions as monetary imbalances required to keep nominal US equities afloat. After they get their boost... real assets start pricing in the damage. HUGE #silver move starting now... #gotsilver #gotgold #silversqueeze #fintwit #debt
M2 growth just like an ordinary inclining slope... But when you check out it's distance from the 24 month moving average, you see correlations appear out of no where! #moneysupply #debt #djia #gold #silver #fintwit
2002 seems to be a critical moment in silver's refusal to do down while rates kept disinflating.