Best of the Week
Most Popular
1. Gold Final Warning: Here Are the Stunning Implications of Plunging Gold Price - P_Radomski_CFA
2.Fed Balance Sheet QE4EVER - Stock Market Trend Forecast Analysis - Nadeem_Walayat
3.UK House Prices, Immigration, and Population Growth Mega Trend Forecast - Part1 - Nadeem_Walayat
4.Gold and Silver Precious Metals Pot Pourri - Rambus_Chartology
5.The Exponential Stocks Bull Market - Nadeem_Walayat
6.Yield Curve Inversion and the Stock Market 2019 - Nadeem_Walayat
7.America's 30 Blocks of Holes - James_Quinn
8.US Presidential Cycle and Stock Market Trend 2019 - Nadeem_Walayat
9.Dear Stocks Bull Market: Happy 10 Year Anniversary! - Troy_Bombardia
10.Britain's Demographic Time Bomb Has Gone Off! - Nadeem_Walayat
Last 7 days
S&P 500’s Downward Reversal or Just Profit-Taking Action? - 18th April 19
US Stock Markets Setting Up For Increased Volatility - 18th April 19
Intel Corporation (INTC) Bullish Structure Favors More Upside - 18th April 19
Low New Zealand Inflation Rate Increases Chance of a Rate Cut - 18th April 19
Online Grocery Shopping Will Go Mainstream as Soon as This Year - 17th April 19
America Dancing On The Crumbling Precipice - 17th April 19
Watch The Financial Sector For The Next Stock Market Topping Pattern - 17th April 19
How Central Bank Gold Buying is Undermining the US Dollar - 17th April 19
Income-Generating Business - 17th April 19
INSOMNIA 64 Birmingham NEC Car Parking Info - 17th April 19
Trump May Regret His Fed Takeover Attempt - 16th April 19
Downside Risk in Gold & Gold Stocks - 16th April 19
Stock Market Melt-Up or Roll Over?…A Look At Two Scenarios - 16th April 19
Is the Stock Market Making a Head and Shoulders Topping Pattern? - 16th April 19
Will Powell’s Dovish Turn Support Gold? - 15th April 19
If History Is Any Indication, Stocks Should Rally Until the Fall of 2020 - 15th April 19
Stocks Get Closer to Last Year’s Record High - 15th April 19
Oil Price May Be Setup For A Move Back to $50 - 15th April 19
Stock Market Ready For A Pause! - 15th April 19
Shopping for Bargain Souvenirs in Fethiye Tuesday Market - Turkey Holidays 2019 - 15th April 19
From US-Sino Talks to New Trade Wars, Weakening Global Economic Prospects - 14th April 19
Stock Market Indexes Race For The New All-Time High - 14th April 19
Why Gold Price Will “Just Explode… in the Blink of an Eye” - 14th April 19
Palladium, Darling of the PGEs, Shifting into High Gear - 13th April 19
MMT is a spectacularly Dem idea - 13th April 19
The 'Silver Lines' of Opportunity - 13th April 19
Gold Stocks Bull Market Breakout Potential - 13th April 19

Market Oracle FREE Newsletter

Top 10 AI Stocks Investing to Profit from the Machine Intelligence Mega-trend

Gold Price Has Bottomed.. A Good Possibility...

Commodities / Gold and Silver 2014 Jan 02, 2014 - 11:03 AM GMT

By: Thomas_Clayton


No nightly raid so far tonight Wednesday Jan first.

MACD line have surpassed ZERO which denotes Uptrend,   Stoch RSI & Slow Stoch are Consolidating and the On Balance Volume is more than Positive

At, Public Chart List, Easy $$, no 11, Clayton Tom .. Green Arrows are Triiger points denoting Buy. Notice when the MACD lines, cross Zero there is a SURGE in the Price. I USE THIS AS THE MASTER INDICATOR
Go to Pages 15 thru 21 plus to get Gold Silve and Gold Silver related ETFs in variable time frames.


Pg 21, GDX, Gold Miners ETF 1 hour Volume Candles, Notice the huge Red Candles, Capitulation, huge Sellers means there is huge Buyer on the other side of the trade. Again follow Green Arrows for trigger points  After MACD lines cross upwards, the Line Cross Above Zero and usually a Surge in Price.  Anticipate this for your Entry Point  GDX is the tail which Expresses NUGT x3 on Up moves and DUST x3 on Down moves.  Next chart down.

Page 15 NUGT, 1 hour , Again observe the Green Arrows denoting  Buy Signal on the respective Indicators.

Page  19  DUST, Bear GDX Gold Miners x 3.  Observe the Red Arrows for Sell Triggers.  If GDX expresses a Sell, then of course you want to be Long DUST .. and GDX Buy, be long NUGT.. these are the most Volatile ETFs in Existence. Caveat, a Double Edged Sword.  Be in the correct ETF in the right Direction-  USE STOPS.

Stochastic RSI & Slow Stoch are consolidating after this spike On Balance Volume UP.

I am a retired pharmacist, but went through the Dean Witter training Program,  as depicted in the movie "Seeking Happyness" with Will Smith, and worked as a Representative with stocks and commodities for D. Witter, which was later absorbed into Morgan Stanley..  I do this as an avocation now.  It would have been nice to have had access to this Technical Analysis as offered at back in the early 1970s.  You may see my work at, public chart list, Easy $$, Clayton Tom. Thank you for your interest.

By Thomas Clayton

© 2013 Copyright  Thomas Clayton - 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.

© 2005-2019 - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules