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Fractal Analysis Suggests Massive Gold Rally Is Coming

Commodities / Gold and Silver 2012 Jan 12, 2012 - 12:13 PM GMT

By: Hubert_Moolman

Commodities

Best Financial Markets Analysis ArticleBelow, is a gold alert sent to my premium subscribers, on 5 January 2012. The patterns indicated, suggest that we will have a massive rally in gold over the coming months.

Below, is a graphic that compares the gold chart from 1998 to present, to that of 1975 to 1979.



The current pattern is much larger than the 70s pattern and also more complex. I have marked both patterns (1 to 7) to illustrate how the patterns could be similar. If my comparison is justified then we will have a massive rally over the next months.
The following chart illustrates the existence of a short-term fractal (pointed out by one of my readers) that confirms the bullish expectation suggested by the long-term fractal above.



On the gold chart, I have indicated two patterns by marking similar points (1 to 10) on both. The two patterns are very similar looking. If the similarity continues, we will have a massive rally (in fact, it suggests that we are already in that rally).

So where does this leave us? It would appear that gold is looking extremely bullish, as you can see in the above chart. If my comparison of the patterns is accurate, then gold should rise like it did from 1 July 2011 to 23 August; however, this time the move would be much bigger and with much more momentum.

For more detailed silver analysis and silver price forecast, I have prepared a Silver Fractal Analysis Report. For more details, see my website.

Warm regards and God bless,

Hubert

Please visit my blog and website for more of my work and premium service. http://hubertmoolman.wordpress.com/

You can email any comments to hubert@hgmandassociates.co.za

© 2012 Copyright Hubert Moolman - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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