Gold bulls would love to see a rally here!

Gold bulls would love to see a rally here!

CLICK ON CHART TO ENLARGE The chart looks at the price patterns of the Aussie Dollar over the past 20-years. The trend on the AU$ is up over the past couple of decades and it is down since peaking back in 2011. The decline of late has the AU$ testing 17-year rising...
Gold breaking 16-year rising support?

Gold breaking 16-year rising support?

Gold has been weak for the past several weeks. So what gives? Gold prices have been trading in a tightening wedge pattern (between its rising trendline and horizontal resistance – see point 1) for several months. Bouncing back and forth in a narrowing range. The...
Silver attempting breakout at 20-year support

Silver attempting breakout at 20-year support

CLICK ON CHART TO ENLARGE This chart looks at the Silver/Gold ratio on a monthly basis over the past 20-years. When the ratio is heading higher, Silver is stronger than Gold. Since the 2011 highs, the majority of the time the ratio has been heading lower, reflecting...