bhowe

bhowe

With the troubles in Greece and Europe look for the US Dollar to strengthen. I expect a break to the upside through the upper trend line.

bhowe

With a break of the lower trend line, look for acceleration to the downside. Dollar will go up, putting pressure on miners and gold.

bhowe

Go long on GDX when contact at lower trend line. Probably Monday

bhowe

Us Dollar H&S pattern, expect lower prices

bhowe

Some miners are looking good. I think AUY and EGO will really pop at some point. I still see the continuation of AB=CD down to $17.90 on GDX that will be my buy point with a possible upside to $20 sell point.

bhowe

Bouncing off lower trend line

bhowe

Could be a Bat pattern in play for US Steel X. Possible upside $34

bhowe

GDX completing Gartely pattern 78.6% retrace down to the $21.40 level. Could be as soon as Today.

bhowe

GDX, the miners have been hit hard, at some point there is a reverse. I see the trend lines as support for a possible reverse higher.

bhowe

Gold appears to be holding at the 1.27% retrace. Curently above the 10sma. MACD crossing on the hourly. RSI diverging. Looks good. Need to see if it can make it past the 20SMA

bhowe

Its hard to be optimistic when the world is falling apart. But there may be a silver thread here. Gold completed a near perfect AB=CD retracement from the March high to the October low. We may now have just reached the C point on the next pattern. A smaller AB=CD pattern Starting in the beginning of October up until now. Plus a 78.6% retracement complete. We will...

bhowe

GDX Continuing AB=CD pattern. See chart for expected target. General stock market nearing a roll over. In the event of a market crash all bets are off and miners will get pulled down.

bhowe

GDX retrace to 61.8% Fiibo. Expect reversal here to start final leg of AB=CD

bhowe

UASUSD headed to $1240. That was once support and will now become resistance. AB+CD confirms $1240 position. Clear break out from the downtrend in progress. Today would be a good day to jump in if you haven't already.

bhowe

XAUUSD bleeding this morning. as the USD climbs higher gold goes lower. We are now $6 away from the triple bottom I talked about two weeks ago. This could turn on a dime and shoot higher. Stay tuned, blood in the streets. I'm short now, but get ready to go long!

bhowe

PCLN breaking lower than the previous low. Good short opportunity. MACD crossing negative.

bhowe

VALE completed the AB=CD pattern and now looks to rebound. Look for confimation with a higher high. MACD looks to be starting to turn up. RSI oversold.

bhowe

XAUUSD conitinues its downtrend. The breach last night of the lower trend line signifies 5-6 more days of losses. Looking for $1190 gold