Featured chart.To date Gold is forming an engulfing sweeping reversal month. This is one of the most bullish charts I have seen in 48 years of trading$GC_F $GLD pic.twitter.com/IBGvNDBbkw — Peter Brandt (@PeterLBrandt) October 20, 2023 Today’s Chart of the Day was shared by Peter Brandt (@PeterLBrandt). Gold continued higher this week by +2.72% after rising […]
Chart of the Day – Monday, July 31, 2023
Gold is getting little media attention, even as it remains just 5% below all-time highs. Source: Bloomberg pic.twitter.com/qLMmSKqzko — Nick Reece (@nicholastreece) July 31, 2023 Today’s Chart of the Day was shared by Nick Reece (@nicholastreece). Gold has been perking up again, only this time, nobody seems to care. Nick points out that the number […]
Chart of the Day – Thursday, May 4, 2023
Gold is testing final resistance at $2063/oz. today, defining the upper bound of a wide long-term range, a breakout from which would be a bullish multi-year development, noting long-term momentum is now positive behind gold per the monthly MACD #fairleadstrategies pic.twitter.com/03pMnGmUXv — Katie Stockton, CMT (@StocktonKatie) May 4, 2023 Today’s Chart of the Day was […]
Chart of the Day – Tuesday, April 4th, 2023
Today’s Chart of the Day was shared in a client note by John Roque of 22V Research (@daChartLife). Gold is firmly above $2,000/oz. for the first time in more than a year, and it’s just 2.5% away from breaking out to all-time highs. It booked its fifth highest daily close on record today, after closing at an all-time high on a monthly, […]
Chart of the Day – Monday, March 20th, 2023
Gold closed back above the former 2011 highs. $GC_F $GLD 👀 pic.twitter.com/SgLUwxkXMi — Ian Culley (@IanCulley) March 20, 2023 Today’s Chart of the Day was shared by Ian Culley (@IanCulley). Gold poked its head above $2,000/oz. today, and closed at its highest level in nearly a year. Ian points out that it’s back above the 2011 […]
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