Wednesday, December 18, 2013

Can't recover

Gold can't recover at the moment. Monthly stochastics still falling.


Wednesday, August 14, 2013

Correction finished?

Monthly MACD trying to recover. Monthly stochastics pointing up. Correction might be over folks.


Friday, April 12, 2013

Metals plunging

Daily stochastics crossed and pointing down. Still long way to go to become oversold area. Next stop 1450?


Thursday, March 28, 2013

Gold can't beat 1620

Failed second time. Another leg down is coming looks like. 


Friday, March 15, 2013

Bulls hanging well

So price fall wasn't dramatic. Which shows strength of the bulls. Weekly MACD flattens. Weekly slow stochastics about to point up. It means next week metals will penetrate 1600 hurdle and rise further. 


Wednesday, March 13, 2013

Metals can't recover

Gold and silver slow stochastics so damn oversold. But in reality it can't really recover now. On daily chart bollinger bands are narrowing. Usually it's indication of breakout. This time it's most likely downside breakout AGAIN. Daily slow stochastics also falling. Maybe my predicted 27.50 area? 


Tuesday, February 19, 2013

Weekly silver

Weekly MACD is below zero level. Weekly slow stochastics will travel further downside. It has long way to go to become oversold. My silver target remains 27.50 at least. Also monthly MACD and Slow stochastics still falling.


Thursday, February 14, 2013

Gold chart looks fucking doomed

Just no sign of recovery. Monthly , weekly , daily stochastics all down. 


Thursday, January 31, 2013

Weekly stochastic

Weekly stochastic still pointing up. Which is indication of strong uptrend is awaiting us. 


Wednesday, January 30, 2013

Daily stochastic pointing up

Looks like upward movement resuming. As long as weekly stochastic points up our tiny little bull is safe.

Monday, January 28, 2013

Friday, January 25, 2013

Silver fall

Weekly stochastic RSI is trying to make bearish cross.


Tuesday, January 8, 2013

Silver reversal?

Also this Friday candle might be sign of the price reversal. You can see that it has a very long tail and really small body. It means buying power is strong and price quickly came back to previous position. If buying power was weak it could have stayed around 29.60 area. But silver's takedown defense once again strong and jumped right back up. 


Thursday, January 3, 2013

Gold

Gold hit 38 retracement level and falling. Daily stochastics pointing down.