Gold Trends Profile
Gold Trends

@GoldTrendsNet

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is the leading precious metals market analysis source featuring free content and written by industry expert and speaker Bill Downey

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@GoldTrendsNet
Gold Trends
11 months
ATTENTION It was brought to my attention that someone has copied my logo and created an account that looks just like mine except of course the spelling has one extra letter.. an i in the word Trends (Treinids) DO NOT TAKE ANY SOLICITATIONS from this person Gonna notify Twitter
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Gold Trends
11 months
Exactly 60 years ago, the Yom Kippur War of 1973 (October 6 to October 25) started. In the next 7 years Crude went from $5 to 50 Interest Rates from 6.5 to 18 Gold from 42.22 to 875 Stocks lost almost 50% the following 52 weeks but ended about even after 7 years
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Gold Trends
4 years
@redditinvestors @baumerSTL reddit users buy a stock = manipulation govt prints $4T for wall street = banking
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Gold Trends
2 years
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Gold Trends
11 months
The Control Boyz took $Gold thru entire summer range 1947 high at FOMC to losing 1922 & 1902 Monthly to landing at 1812-1822 our Yearly Opening Range Support 1812-1822 listed last wk low 1811 on NFP Res 1935-1945 Nxt Wk 1862-1872 Oct 1902-1912 Did they just flush everyone ?
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Gold Trends
11 months
$Gold
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Gold Trends
1 year
$Gold Long Term July Closes Monday Highest Monthly Closes ever 1. 1989 2. 1972 Do you see the 3 attempts at 1000? The three attempts at now 2000? As long as we maintain monthly closes above 1902 and yearly low above 1802, odds favor a repeat of what happened at 1000 is coming
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Gold Trends
4 years
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Gold Trends
11 months
$Gold Long Term Google 144 1st Bull leg 144 months =up up up 2nd Leg 144 months =corrective sideways pattern Potential "Change of Trend" as Price & Time square & Cup & Handle completes What to Watch For BIG BAR MOVE (like 1999) that takes out these last 36 months in one shot
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Gold Trends
7 years
Buying $gold stocks in December during this bear market Dec 2013 low: + 38% in 55 days Dec 2014 low: + 35% in 22 days Dec 2015 low: + 139% in 164 days Dec 2016 low: + 37% in 34 days
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Gold Trends
1 year
$Gold Bull Market began at the turn of the century at $256 on Aug 1999 It took 3 KNOCKS (& 8 month consolidation after 3rd knock) to crack $1000 & double in price Now we have 3 KNOCKS at $2000 Yearly Resistance 2172-2222 Pullback to July/Aug possible but higher prices 2nd half
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Gold Trends
4 years
The $gold correction In Normal Bull Market 50% corrections are common (1640) In Weak Bull 61% corrections (1540) In strong Bull, a Fibonacci 38% correction level & the 300 day moving average have good odds of being one of VERY STRONG SUPPORT (1743-1776) Lets see if GOLD can HOLD
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Gold Trends
11 months
$Gold reached yellow zone 1972-1982 resistance discussed in earlier posts Now let us focus on 1989 1989 is the highest monthly close ever in price so i'm watching this wk's close A close ab 1989 opens door to 2022-2042 Res History has shown this as a congestive area Be Careful
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Gold Trends
11 months
$Gold touched 1st Wkly Res 1862-1872 in Asia, London & NY Currently consolidating at 1862 & bit under over past 12 hrs Low 1954 in NY FOMC, PPI & CPI coming= Volatility Mid East Wildcard = Can take out this Res at an moment Gap at 1832-1842 not filled yet Sup 1822-1832
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Gold Trends
8 years
@LatestAnonNews It's so quiet at the Hillary HQ that you can almost hear an email getting deleted
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Gold Trends
1 year
Long Term $Gold The set up same as the last big move ALGO same, pattern same pullbacks the same A BIG BAR move is coming The last time it was to the upside 34 EMA = 1946 2011 HIGH = 1922 Sept Cl Sup 1902 Can big bar be to downside? Yes Closely watch the action bet 1902-1946
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Gold Trends
11 months
$Gold Intermediate View Tested 2023 support exactly $120 dollar rally since Price threatening WEDGE LINE breakout to the upside LINE also intersects our Key 1922 A breakout above the wedge on this TIME FRAME activates the potential to test 1972-1982 &/or 2022-2032 PIVOT 1922
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Gold Trends
4 years
What is a Trend ? Ans: Something that is repeating. $Gold remains within the confines of another buy signal It takes a weekly close above 1895-1908 to signal it & weekly close above 1923-1933 confirms it A weekly close below 1822 puts signal on hold Support 1822-1835
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Gold Trends
11 months
$gold The massive Price reversal from Yearly Supp Zone erased selloff & price back inside the key 1922-1932 zone The WEEKLY Close 1931.94 just 6 cents below 1932 1st battle zone of Wk 1922-1932 = PIVOT PT Daily Res 1947-1957 Wkly R 1972-1982 Daily Sup 1902-1912 Wkly 1872-1882
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Gold Trends
11 months
$Gold has spent 36 hrs just under 1862-1872 Resist Very tight range FAVORS the bulls BUT Wed = PPI 8:30 EST & FOMC 2:00 EST & 4 FED SPEAKERS during the day? Should be choppy but Wild Card = Mid East GAP at 1931-1944 not filled Sup 1922-1932 If exceed 1872 = 1883-1890 Be Ready
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Gold Trends
9 months
$Gold price pattern consolidation over the last three years favor's completion Confirmation when we get a monthly close above 2172-2222 There are no absolutes, only odds. It takes a monthly close below 1902 for me to question the price pattern scenario I'm following.
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Gold Trends
1 year
Decade $Gold in controlled $400 range from 1650-2050 ever since the world changed Price suggests Big Boys blocking attempts to stay above 2000 as the maginol line past 3 years Only 5 weekly closes above 2K ever Could they lose control ? Only above 2150-2200 That's what it takes
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Gold Trends
11 months
$Gold exceeded Wkly Resist listed this wk 1972-1982 but could close inside the zone As stated earlier, i'm watching 1989 as its highest monthly close Regardless, a powerful move has & is unfolding Next Wk's resist 2022-2032 & 2072-2082 Support 1922-1932 & 1902 Daily 1940-1947
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Gold Trends
2 years
#Gold Big Picture Pattern When it came to charts Gann said; If you want to know the future, study the past LOOK at the YOU ARE HERE moment This is the deepest trouble the control boys have been in since 2005 As long as above $1672, the Ladle move begins above 2100 @AzogarCom
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Gold Trends
11 months
$Gold What to Watch as we start week ANYTIME price ab 1846-1848. price is inside SEPT Range Treat it as PIVOT next 24 hrs While 1st wk Res 1862-1872 , REAL PRIZE would be just ab Sept 29th highs 1880-1885 Bears will be waiting Watch 1846-1848 Bulls need to make it Support
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Gold Trends
3 years
Dec $Gold Options expire Tues Control boyz = 4 days left to pull price towards 1840 If they lose battle they will have to buy futures to protect further loses & Yearly close of 2020 at 1895 will draw prices like a magnet Watch 1866-1872 That's where they will attempt to sell it
@GoldTrendsNet
Gold Trends
3 years
Our last update in $Gold suggested favored 1866-1872 as key resistance to watch Today's move above & subsequent rejection now has the odds favoring a move lower into Options expiration on Nov 23rd & Holiday wk in the 1822-1839 region. Takes a close above 1878 to change outlook
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Gold Trends
1 year
We've used 1922 as our 🔑weekly number all year & we've been stuck in a $50 range above & below 4 months WHY is 1922 Important It is the 2011 High The Cartel has pushed it back 3 times They been trying to KILL 1922 now for 4 months FIERCE BATTLE GOING ON FOR CONTROL of market
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Gold Trends
4 years
$Gold $Silver Chart of the Week Why has gold been so weak ? There are no absolutes in markets, only odds. Those odds suggest a massive LONG SILVER/SHORT GOLD trade has been going on that has Silver at the 89 day MMA ave & Gold down to the 300 day Ave. Will unwind at some point.
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Gold Trends
11 months
Monthly $Gold since the 2015 Low The last accumulation phase in gold below 1372 looks very similar to the current pattern The big move up came when price retested the 34 EMA & catapulted higher We hit 34 EMA overnight 1815 & the yearly close last year was 1825 IMPORTANT AREA
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Gold Trends
3 years
This much of an open interest plunge (34%) in short amt of time MOST OFTEN means the market about ready to flip from bear to bull control as THE $gold longs R liquidating & the shorts R covering at same time We can still have final flushout 1st But trend change coming 1-30 days
@htsfhickey
fred hickey
3 years
COT report thru Tues. shows 34% plunge(-24k gold futures contracts)for Managed Money(hedge funds) to just 46.8K. Last time hedge fund contracts this low: March 2021 bottom. See left side of chart. $200+ gain from there in 2 mos. However, 46.8K was BEFORE post-FOMC 3-day slam-down
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Gold Trends
3 years
$gold's price "officially" changed only 5 times from 1792 to 1973 $19.75 oz in 1792 To $20.67 in 1834 $35 in 1934 $38 in 1972 $42.22 in 1973 Prices in USA when the Beatles arrived 1964 Annual Income (6K) in gold = 171 Oz Today your income would have to be 300K to buy 171 Oz
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Gold Trends
11 months
The pullback from 1922-1932 reached green zone 1902-1912 Monday Tues Sup 1898-1912 & 1883-1890 Resist 1922-1932 & 1940 Many lookin 4 pullbacks to 1880-1905 to enter Will price allow? 🔑 now is to get abv 1922-1932 zone Until then, price can keep pulling back Sept High = 1953
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Gold Trends
10 months
$Gold Daily Chart I never trade on "cycles" but do watch them The coming week could be an important 1 Wkly Res 2022-2032 Daily Resist 2003-2010 Wkly Sup 1972-1982 & 1937-1947 Pyramid Resist but cl ab = 2072-2082 Odds high for pullback to Beg this wk or next Overall trend Up
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Gold Trends
1 year
$Silver Monthly View The longer Silver keeps price glued to this resistance line the greater the chance of a breakout higher Very important area to watch
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Gold Trends
11 months
Discussed last night that the tight range under 1862-1872 still favored the bulls Next is the Bull/Bear Zone 1883-1890 where bears are waiting FOMC this afternoon No one knows 4 sure what the control boys do with this Pullback or not, the bulls are still favored at the moment
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Gold Trends
11 months
$Gold Since JFK 60 Year Momentum Line has rebuffed Every attempt ever at a 6 month closing above 2000 Major Support 1622-1672 & 1322-1372 Major Resistance 2072-2172 Sept Failure testing 1st Yearly Sup 1802-1822 Need Reversal & Monthly Cl above 1922-1972 for uptrend resumption
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Gold Trends
4 years
While $Gold 50 & 200 day moving average get all the headlines, the 300 day is a VERY POWERFUL area of support. The channel shows the velocity PRE covid. Price has returned to the top of that channel for a retest. BOTTOM LINE: 1765-1795 is the last very strong support until 1600
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Gold Trends
3 years
In 28 days It will be 50 years since Nixon took the USD & the GLOBE off the $Gold Standard The Minimum wage was $1.60 & Gold was $42 oz A 40 hour MINIMUM wage =$ 64 Gross In gold terms that was 1 1/2 oz of Gold for a weekly Pay In today's money Minumum wage = $2700 per Week.
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Gold Trends
11 months
Long Term $Gold monthly close below 1902 support in Sept has been a big downdraft in October & has re-activated the following monthly support zones 1722-1772 1622-1672 At 34 Month EMA (1815) an important trend indicator 1802 =Yearly low Watching 1802-1815 = last sup b4 1772
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Gold Trends
11 months
Sunday post discussed 1846-1848 as pivot Lowest 4hr Bar close 1849.90 1st Wkly Res 1862-1872 Reached Bears to try pullback into FOMC, PPI, CPI & try & fill Sun Gap 1932-1942 IF they fail & Mid East escalates, look out 1882-1890 & 1902 can come into play Sup 1932-1942 & 1922
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Gold Trends
10 months
$Gold Long Term Cycles 1999 low to 2011 high = Fib 144 Month The Cup & Handle SInce 2011 high completed 144 Months in Sept Month 145 (Oct) was an outside reversal Candle This has the potential to be explosive It takes a monthly close below 1902 for me to be less enthusiastic
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Gold Trends
10 months
$Gold from last night gave Res 2003-2007 & High 2007 today We also discussed WATCHING the Channel lin We have broken it & with FOMC tomorrow can pullback to 1972-1982 The Control Boyz don't want a Monthly CLose today ab 1989 IF can't get back in channel favor test 1972-1982
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Gold Trends
1 year
$Gold H&S fr last night post played out Bulls failed to take short term trend back from ST bears Right at our🗝️ Weekly 1972-1982 #'s FRI sup 1938-1940 & Wkly 1922-1932 Bulls will try to Hold at Supports below & attempt rebound into Fri but Short term Bears control below 1972
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Gold Trends
1 year
$Gold Zoom in for next 24 hrs Bulls trying to find supp 1954 Sun night & keep the bounce going by holding these 2 trendlines on chart If so the potential for a bounce into resistance & our 🗝️ 1972 on a monthly close can develop Watch trendlines at 1954 Bulls above Bears below
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Gold Trends
7 months
After touching the 1970 monthly close only $Gold resistance line only twice in 40 years (1980 & 2011) It spent 2 years in 2011 trying to break it & failed Price has spent the last 3 years trying to break it It takes a monthly close above 2172-2222 to CONFIRM a new bull market
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Gold Trends
10 months
$gold exploded from the 1972-1982 Wkly Pivot last night & 1989-1995 Resist taken out There's might be resist at 2005-2010 (Nov highs) but the bigger one is 2022-2032 FOMC mins this afternoon Sup 1972-1982 Res 2022-2032 & 2072-2082
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Gold Trends
11 months
$Gold reached listed Daily Res 1947-1959 & price consolidating inside zone As discussed when price move ab 1872, pullbacks aside the trend is higher WKLY Res 1972-1982 Neut 1947-1959 Prev Res now sup Daily Sup 1940-1947 Wkly Sup 1922-1932 Month 1902-1912 Be Careful
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Gold Trends
1 year
$Gold Price was rejected again at our wkly 1972 yesterday on the monthly close Wkly Supp 1922-1932 Daily Sup 1938-1940 & today's low near 1943 Resist 1955-1963 We remain inside the 1922-1972 zone of hell & as stated in previous posts, short term bears control below 1972
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Gold Trends
1 year
Long Term $Silver knocking at the 2011 downtrend line from 50 for 5 months The latest hard selloff is another attempt to forstall the breaking of this line. The drastic slowdown in the economy probably not helping In any event, price remains contained inside trend lines for now
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Gold Trends
11 months
Oct 6th We highlighted how the control boyz used the FOMC & NFP to Clear the ENTIRE range & test the YEARLY support Range. We asked the question, did they just flush everyone out? The answer is YES A close today above 1922-1932 greatly increases the odds that yearly low is in
@GoldTrendsNet
Gold Trends
11 months
The Control Boyz took $Gold thru entire summer range 1947 high at FOMC to losing 1922 & 1902 Monthly to landing at 1812-1822 our Yearly Opening Range Support 1812-1822 listed last wk low 1811 on NFP Res 1935-1945 Nxt Wk 1862-1872 Oct 1902-1912 Did they just flush everyone ?
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Gold Trends
3 years
$Gold Price at Bull Market Mov Ave Last time was Mar-June 2019 $1300 9 waves from top to final test then move to 2000 Now same set up 9 waves from top to now A potential set up can be developing here at 1772 If this a bull market, price has no business under 1750 Otherwise=1600
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Gold Trends
3 years
WHAT TO WATCH FOR #silversqueeze Usually EBB & FLOW of the bull/bear battle easy to see on chart pattern But A VERY TIGHT RAIL=every BEAR attempt fails & market becomes 1 sided as both sides become buyers & squeeze develops UPPER RAIL taken out=squeeze LOWER RAIL=Mkt not ready
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Gold Trends
1 year
$Gold spent 2 days at Wkly support going into NFP Rpt Monday stayed within NFP candle range (1926-1947) & just above Support zone 1922-1932 Tues Rest 1947-1954 & 1958 Supp 1922-1932 Below 1922 opens up 1902-1912 This Week CPI & PPI Rpts Thurs/Fri Da Boyz will play until then
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Gold Trends
1 year
Price reached upper Mnthly Sup 1902-1912 (July 30 post) today Short term bulls MUST NOW CLOSE BACK Above 1922-1932 to TAKE BACK ST control from bears (since 1972) FRI Bulls Try & get 1922-1932 back Bears want probe of 1900 area & test lower wedge line 1912-1922 = twilight zone
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Gold Trends
11 months
$Gold Inside the Monthly Bars for 2023 250 dollar range YTD ALL Time Intra Year High = May 2023 (2078) Highest Closing Month = April 2023 (1989) 2nd Highest Closing Month= May 2021 (1972) 3rd Highest 1968 = Jan 2023 Current Price 1972 BULLS WANT TO SEE OCTOBER CLOSE ABOVE 1989
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Gold Trends
1 year
$Gold The seasonal 2nd dip we've been watching & favoring in play under 1972-1987 continues. While there are no absolutes, the 2 most likely targets are 1902-1922 or 1862-1872 There is minor support near 1932 but not sure if it should be trusted.
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Gold Trends
11 months
When 1902 gave way & Sept Closed below it $Gold plunged to 1862-1872 & gave way & now trying to hold 1812-1822 Last Years close was 1825 & this years low is 1802 It's not out of the question that it can test sub 1800 but this area is an important support band that bulls need hold
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Gold Trends
3 years
$Gold We've liked & been watching 1753 as key turn point since 1722 Big rejection last wk at 1784 & prices plunged but the lowest close has been 1753.31 Today's blast up is big but now the BIG test between 1788-1804 Resistance THIS WK & want close above This can be the "TURN"
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Gold Trends
10 months
$Gold April ATH Month close 1989 May ATH Intra Day 2077 Oct 2nd Highest Close 1983 Outside Reversal Bar =IMPORTANT BAR Control boyz defending 2K for 36 months That's a lotta work Not if but when= SOON For NOV WANT A MONTHLY CLOSE AB 1989-1995 Don't Want MONTHLY Close below 1902
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Gold Trends
1 year
$gold on Tuesday is testing the 1922-1932 zone Like we discussed Monday we are not out of the woods in gold The liquidity squeeze in other markets can get deeper & spread so we have to be cautious on expectations Need to bounce out of this range soon CPI & PPI on Thus & Friday
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Gold Trends
10 months
$Gold Pullback Update Cycles discussion last wk = Wk of Nov 6th being a🔑wk & potential Pullback to begin & 🔑volume signal = Control Boyz had entered Price in sell mode since then Lost 1972 & today high 1971 Daily Sup line 1947-1952 Intra 1937 Wk 1922-1932 Bulls need 2 step up
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Gold Trends
11 months
$Gold & 10Am Est = London, New York & Europe ALL trading = high Volume That's WHEN CB's Acc or Dist The greater the Sup/Resist Zone the more they R active That's WHERE they do it They spent last wk Accum as Price traded in our YEARLY Sup zone U a trader? Best Setups 10-11Am
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Gold Trends
10 months
$Gold Last Wk price bounced around 1972-1982 all wk & on Friday broke higher to cl ab 2000 Daily Sup 1985-1995 Wkly 1972-1982 CL only & 1955-1962 intra wk Daily Res 2009-2012 Wkly R 2022-2023 FOMC & NFP this wk = Apprehension to start wk Favor back & forth ab & below 2k today
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Gold Trends
10 months
$Gold pullback tagged 🔑 sup zones just shy of Monthly Close only range 1902-1912 & held 1922-1932 as sweep of stops was quick. Price never closed below range on 4Hr Bulls held 1922 Now need to recapture 1972-1982 Resist Wkly 1972-1982 & 1989-1995 Sup 1922-1932 & 1903-1912
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Gold Trends
3 years
$Gold Mid Week Wed 3/24/21 Biggest Test of year in GOLD = 2021 Downtrend line If LOW in place, 1st clue is to take out downtrend line LOOK, Bears defending for 2 wks DUAL LINE CONVERGENCE happening right now Above 1738-1747 = Bulls Control Close Below 1722 = Bears Control
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Gold Trends
9 months
$Gold This Decade 173 weeks & again at cusp of the Central Bank Zone 2022-2032 & 2072-2082 I would think the Control Boyz try & fight it? Thur is Monthly close & Friday is 1st Day of Dec so its a big week While I favor a breakout, let us not underestimate the goons Here we go
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Gold Trends
10 months
$Gold Long Term October Closes Tues OUTSIDE REVERSAL Candle 1st Leg up consolidations lasted 17 month Had one just under 1K & one just under 2k The one at 2K resolved to downside & retested 1K 2nd Leg up consol are 17x2=34 mnths 34 Just Ab 1k 34 mnths now comp just under 2k
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Gold Trends
1 year
Silver's COT dropped a 20% last week. That means a lot of shorts covered, and a lot of longs liquidated. That means the Trend is up for grabs in July. And as far as July's go ------69 years of data tilts the odds to a July bottom.
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Gold Trends
1 year
$Gold July 31st Monthly close Resist 1972-1989 Daily R 1963-1968 Daily Sup 1938-1945 Wkly Sup 1922-1932 Monthly 1902-1922 Last Trading day of month sometimes have wide range Anything goes inside pink zone of hell Lets see what the overnight brings
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Gold Trends
11 months
$gold Daily View is at the Edge of the Wedge & potential to break out is high Watch the wedge - as long as we're above 1922 the potential to take out the wedge is there A break above 1932 opens Daily Res 1947-1959 Wkly Res 1972-1982 Be careful
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Gold Trends
9 months
$Gold spent last 24 inside Wkly Pivot Zone 2022-2032 4Hr Close Below 2020 opens door 4 test at 2001-2009 Daily Res 2045-2054 Wkly 2072-2082 Daily Sup 2001-2007 & 1989-1995 Wkly 1972-1982 Whoever wins pivot zone gains advantage to target either 2072-2082 or 1972-1982
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Gold Trends
11 months
$Gold price dropped in Asia to retest Green zone & then moved back to 1922 for the NY open Price retested 1932 last wks high & control boyz trying to keep zone from bursting upward here in NY As discussed Sun night, 1922-1932 is 🔑 PIVOT zone for this week Bull/Bear fight
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Gold Trends
8 months
$Gold hovering just below Wkly Resist at 2072-2082 in a so far quiet last Wk of 2023 trading Daily Sup 2046 area (+/- $5 bucks) Wkly Pivot zone 2022-2032 14 days above 2k Wkly Sup 1972-1982 at 1/3 daily volume so far this wk Tuff to gauge either way Watchin 2072-2082 1st Res
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Gold Trends
10 months
Short Term $Gold nipped 2nd Daily Sup 1947-1957 (1956.71) & bounce back to 1972-1982 Pivot under way Wed Sup 1947-1957 & 1922/32 Price met Min Fib 23% pullback (1961) But worried about high vol bar fr last wk Bulls try & recap 1972-1982 on Wed But need CL Ab 1989-1995 Daily Res
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Gold Trends
10 months
$Gold Monthly failed to Close above ATH 1989 But Oct= OUTSIDE reversal Candle, Covered $200 dol Top to Bot & Cl ab BOTH EMA & DEMA averages Dema tested at Lows Long Term Trend up but 1 last Hurdle Before BIG BULL Needs to MAKE 2K Sup not Resist Nov Res 2022-2072 Sup 1872-1922
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Gold Trends
1 year
$GOLD FOMC DAY We reached our daily Sup 1939-1951 (low 1951.07) Now at wkly resist 1972-1982 New resist from last week 1983-1990 Bulls must close above 1983-1990 to take back short term control It's FOMC day so anything goes Be careful
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Gold Trends
9 months
$Gold reached listed Wkly Resist Zone 2072-2082 A zoom out shows its not only wkly resist, but ATH resist as well The Spike to 2150 began at 2070 &price revisited 2070 today 2072-2082 an important area on charts for OLD & New Bears so continue to favor it as Imp Resist
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Gold Trends
2 years
#Gold Long Term Stealth Bull Jan 31= Monthly Close PRICE at LONG TERM Resist Zone 1922-1972 Only been 3 Monthly closes ab 1922 Spot & None above 1972 EVER 1922-1972 =MAJOR MNTHLY RESIST & PIVOT ZONE & last chance for Bear's to stop move that could target upper channel line 2400
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Gold Trends
3 years
What bothers me most about $gold is Silver. I don't like the pattern since Feb 18th It can morph, but odds favor correction from Aug is not over yet & 1 final wave down to 19-22 still due. DECADE low was only a year ago Once wave C out of way, much higher prices coming in wave 3
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Gold Trends
3 years
$Silver Long Term In the last bull market 1st got flushed out big time Then price broke above the 3 long term mov ave's before the big move to 50 On its way it pulled back & retested the 34 month moving average 1 final time If This Bull 4 real A RETEST OF 20.70 can be THE LOW
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Gold Trends
10 months
$Gold Autumn Perspective Selloff began after last Day of Summer October provides $200 Dollar Rally Price Now in Mid Season Pullback When you sit back & look, Gold trading about same price as last day of Summer Bears tried to take control Bulls responded Need Strong Yrly end
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Gold Trends
10 months
$Gold Wkly Close This wk's Posted Res was 1972-1982 & 1989-1995 Thurs broke above Wkly Res 1972-1982 Friday Touched our Intra Wk Res 1989-1995 Pullback into in NY close=Price inside Wkly zone 1972-1982 Wkly close ab 1982 would be nice, ab 1995 better Bears want Cl below 1972
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Gold Trends
11 months
Last post from 24hrs ago discussed that the bull/bear line was 1883-1890 & that "the bears were waiting" High on CPI report 1885 Bears have pushed price down to today's support 1862-1872 zone, but it does not mean they've won just yet. Lets see if Bulls can hold 1862-1872
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Gold Trends
9 months
$Gold Broke out above 2072 & on a wild ride made it to just under the breakout zone 2172-2222 & reversed & closed back below 2072 and is now inside the Central Banker Zone 2022-2072 Wkly Resist 2072-2082 Pivot 2022-2032 Wkly Supp 1972-1982 & 1989-1995 Want wkly cl ab 2082
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Gold Trends
1 year
$Gold post FOMC 4HR View Our 🗝️ # 1972 Globex Close 1971.35 Saxo Bank Global 1971.86 This rally started with an Inverted H&S We now have an H&S 40% don't work - just beware there's one Into Thurs Bears still have a slight edge as the close was below 1972 Need Ab 1972 Fri Close
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Gold Trends
1 year
$Gold has touched the 1922-1932 band of support this morning While it is weekly support - i still cannot rule out a test of monthly (1902-1922) or seasonal support 1862-1872 Market should try a bounce from here -- 1st resist will be 1939-1945 today Let's see what it wants to do
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Gold Trends
10 months
Last $Silver Update on Nov 9th "Get Ready" discussed high volume bar favored that Control boyz had entered. Price flushed just below $22 two days later & Bear crushing 10% move higher to trendline top occurred Price at Edge of Wedge = end of congestion & NEW trend emerging soon
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Gold Trends
11 months
@Cavandish42 Someone or something has been keeping gold from closing an end of month above 2000 for 12 years. The odds of that being a coincidence is very low.
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Gold Trends
2 years
Last Weeks #gold close of 1946 was the 8th highest ever & only $130 from its ATH However, $gold greatest resistance is the Central Banker's Yellow Brick Wall at 1964-1989 That's the zone Bulls need to conquer for control of market Wkly closes below 1920 gives control to bears
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Gold Trends
10 months
The $Gold bounce fr 1922-1932 Wkly Sup hit Wkly Res 1972/82 zone Now at 1958 ST Bears control 1972-1982 ST bulls control 1922-1932 Middle current battle Ground Thur Sup 1939-1945 1922-1932 Res 1972-1982 & 1989-1995 Bulls WANT ab 1972/82 Bears need below 1922-1932 Big Pic Up
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Gold Trends
11 months
Last Wk's close not above weekly 1972-1982 zone & after a gap down Sunday night, $Gold traded Monday inside 1972-1982 zone PRICE below GREEN MOV AVE 1st time since rally started = consolidation/pullback Bulls Cont ab 1900 1972-1982 zone this wk's PIVOT R 2022-2032 S 1922-1932
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Gold Trends
2 years
#Gold Medium Term The daily & Wkly close below important # 1922 (last post) sent price lower to next key levels discussed in past posts 1822-1832 The 2021 & 2022 YEARLY CLOSING PRICE is within this price band & offers 1st potential WKLY Close Supp Most important area this wk
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Gold Trends
4 years
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Gold Trends
1 year
$Gold Monthly 2010-Present Gold Closed July at 1966 (5th highest) In a price display, it got within $2 of highest close ever during month & on July 31st it touched 1972 (2nd highest close) intraday Central Bank Bull/Bear line long term chart = 1922-1989 Need to defeat this area
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Gold Trends
10 months
$Gold NOTE Dec Opt Exp Monday Highest OI 1950-1960 zone = where CB's will make most $$ for month Control Boyz make $$ to short via Options Not always, but OFTEN win So if trade to 1950-1960 odds favor Options related Wkly Res 2006-2012 Bull/Bear 1989-1995 Sup 1972-1982
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Gold Trends
10 months
This Wk $Gold held 2003-2007 Daily Resist & 1972-1982 Wkly Sup Control Boyz had hands full as NFP blew up They Spent rest of Morn defending 2k Traders did no better We missed Oct Mon Cl ab 1989 Tues but look Wkly Price Supported all day in 1989-1995 zone Next Wk 🔑Cycle Due
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Gold Trends
1 year
$Gold Held 1902-1909 last wk & closed 1922.31 Mond held 1922 all day Now testing stops ab 1932 as Asia Opens With FOMC starting on Tues Thru Wed 1 would favor inside 1922-1932 tonight & Tues If not Resist 1942-1945 & 1951-1955 Sup 1915-1922 & 1902-1909 ST bulls control ab 1922
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Gold Trends
9 months
$Gold support for Tuesday best odds are 2001-2009 and resistance 2022-2032 for remainder of the day.
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Gold Trends
3 years
@FT__Trading @AnnaOfTheOrder When you boldly stated SPX will not reach 4600 --- and cash index printed 4599.25 & turned down --- and here we are........ Well, that was some piece of analysis Fascinating Thank you for sharing & hope to learn more from you 💯 🎯
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Gold Trends
1 year
Seasonal Update We've been watching the seasonal play out & discussed that the bears needed a close above 1972-1987 to cancel the 2nd dip Thus we remain in the 2nd dip until we close above 1972-1987 If that # changes I'll let you know Potential targets 1902-1922 & 1862-1872
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Gold Trends
8 months
last $Gold post "If Lose Pivot Sup 1999-2010 & 1972-1982" Low this wk = 2002 Friday back inside Wkly Pivot Zone 2022-2032 Friday Close Bulls want Wkly CL ab 2032 Bears want Wkly CL be 2022 Overall Range Bound with 2072-2082 Wkly Resist 2022-2032 Pivot 1972-1982 Wkly Sup
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