Story of an early peaker... US Dollar has peaked in Q4 2016 and will grind lower until a bottom later in 2022.
Silver's 3rd greatest ADX defined buy signal. #gotsilver #wallstreetsilver #fintwit #silversqueeze
Looks like we are at the "best buy" entry for gold vs US equities. Wayyy closer to a bottom than a top.
Gold never failed to do AT LEAST 153% move AFTER recuperating quarterly defined all-time highs
Time to recuperate to quarterly defined highs AFTER a close below 18 month moving average. range from 1.5 to 25 years!
Is the current extreme level a signal of an impending HUGE move in favor of the Great British Pound vs US Dollar?
Using Chaikin Money Flow to spo hidden bullish divergence setups.
Open interest's MACD has never had this HUGE a rate of change... if gold can't do new highs... watch out for more hibernation.
$usdcad's open interest (with options) MACD defined cycles has it set at 5 years. Looking for a mid cycle peak in commodities in November 2023. #gotgold #gotsilver #fintwit #usoil
Rate of change of the moving average. Yep, smooth and reduce noise! Gold is about to resume uptrend in a MAJOR way!
Situational analysis... are we at end or beginning?
only time had 3 red quarter closes when above 18 month moving average 2nd time had 2 red quarter closes when above 18 month moving average blow off top for silver when 60% above 18 month moving average
Anaconda is an award winner, exploded BEFORE 1&3 year golden cross. Strikepoint and Sable can explode at ANY moment. Nexus on deck. #gotgold #gotsilver #fintwit $anx $skp.v $sae.v $nxs.v
Fear in a bullish construct is a buying opportunity.
When above 18 month moving average, gold never had 2 consecutive red quarters. Also had at least 2 consecutive green quarters FOLLOWING the red one! Enjoy a fabulous 2021 gold bugs!
Optimal situation for gold is a close above BOTH moving averages. 1774 (15 months simple moving average) 1731 (18 months simple moving average)
Any way I dice it, the structure for MANY gold price derivatives is eerily similar to post 2008 GFC. And we all know what type of insane run it did after! #gotgold #gotsilver #fintwit