Finding the edge in analyzing unique market Cycles.
Silver, Gold extremely attractive at this price!Safe haven trade about to light on fire.
It better hurry up and light! I am almost out of coins to put in the slot machine
Lol Blake. Targeting $2,020 for Gold next.
You think we see a reversal today in gold SC?
if gold manage to close above 1600 today then we go higher if not then SC is the man,SC thank you for your timely and brilliant analysis. Please keep up the good work.
It should happen soon Blake, overnight possibly.
Thanks SC. I agree these prices are very nice..
Hi SCIs that target for Jan or late Dec for silver?Thanks!
January looks best. The Silver pattern I am using is more accurate for price than time though. I have found it complex to estimate the timing for Silver exactly. Often trading Silver is an exercise in patience. It pays off though which makes it well worth while!
I'll have some more to say on the timing aspect soon. There is something I am waiting to see.
what are you waiting to see?
do you think the low is in SC?
hi SC,a question for you,when dont you put silver chart,instead of SLV (iShares SLV shares ETF),we readers can get exact price levels for trading.Thanks
I just closed my eyes and pulled the trigger on some SLV calls..
Blake, the outlook is bullish, and I have a theory on fine tuning the timing for the next top on Gold/Silver. It's not important right now, mainly have been focussed on this bottom.
In the case for Silver that lower trendline has a perfect hit right now, it could be overshot slightly, but I am satisfied it is really close or in already.
what were you waiting to happen SC? Please tell me it isn't an overshoot, I don't think i can handle anymore pain
Actually, things are looking great for Gold. My symmetry for Gold is outrageously bullish near term. Let me see if I can show this with a chart.
Hi SCquick question, are you seeing the same for silver like gold outrageously bullish near term? or just gold?Thanks!
Yes, both. The % move to the targets is the same for Gold and Silver.
Lot of talk on the internets today about Gold crossing the 200 day moving average...
Yes, quite a bit of panic about Gold, 200 day. http://www.cnbc.com/id/44643824All of this music to a traders' ears!
wow, this is the only bullish count I have found on the net. Whatever your technique is I hope you are right, because I have been under water since the September massacre, but still got some cash to place some orders. I' been waiting for this correction for the last two months. Do you thing are we on support or going lower at this point (for silver and gold)?, Many thanks.
Hi SC,Read this analysis, does it make sense? what about his charts? are they real? he thinks we are going 1450 on gold and in 20 for silver...but don't understand why he has stopped to 90 on oil....http://www.thegoldandoilguy.com/articles/precious-metals-equities-oil-long-term-outlook-part-ii/
gold and oil guy is totally off 9 times out of 10. He usually says both things to satisfy the bears and bulls and the backs off his previous comments. I use to be a subscriber until one day I started doing the opposite of his trades and they worked !So if he's saying 1450 Gold, I'll say its safe to say we see 1600 soon
Hi SC, What do you think on the possibility of Gold hitting 300 DMA around 1537 and Silver retesting the last lows around 26.2 (as a result of h&s currently in progress) before they move up for your targets ?Tx