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Showing posts from April, 2024

Gold Week : Targets

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Knee High by the Fourth of July? Early June Turn? 3x Is Back !! · · · · · · · · · · · · · · Saturation : Gas Gold SP4X

NatGas Week : Elliott Wave

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Late Summer Low? : Absolutely Wrong! · · · · · · · · · · · · · · Saturation : Gas Gold SP4X

NatGas : Bottoming

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Knee high by the 4th of July?

April : Gold & Silver

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Buy Zone : Friday 26 April + · · · · · · · · · · · · · · Saturation : Gas Gold SP4X

Dollar Century : The Gaps

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Northbound? Back in 2014, at the KER website, I noted a significant Dollar Index gap (.50+) left over from 2003, and that it could fill. It did so later that year into 2015. Today I've found on the monthly chart that an earlier 2002 wick gap exists between 114.40 and 114.54. Unfortunately, confirming daily chart data is not available; however, no matter because it had subsequently been tagged in September 2022. My rule is that Dollar Index gaps, to be securely closed, must be covered multiple times, or else a shadow gap remains (somewhat like painting white over a dark porous surface for full coverage). Because of this, even though a long term bear flag is apparent, there is a very real possibility that the 2022 high of 114.78 will at least be tested. The Bullish Case AB (1:1) CD = 125.14

NatGas Week : Consolidation

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Wedge Resolution : Awaiting Market Forces · · · · · · · · · · · · · · Saturation : Gas Gold SP4X

Gold Week : Volatility

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Expanding Inside Consolidation · · · · · · · · · · · · · · Saturation : Gas Gold SP4X

Gold Week : Monday Bounce

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Update : Inside D ay Consolidation Larry nailed it !! · · · · · · · · · · · · · · Saturation : Gas Gold SP4X

Various Charts

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Target : XY (1:1.272) Z = 32.00 (©BackBox) Likely Confluence Turn Target : Fibo Ladder 23.6% (~2288 spot) Target : XY (1:1.272) Z = 211.85 Fibo Ladder 50.0% (~2288 spot) · · · · · · · · · · · · · · Saturation : Gas Gold SP4X

Gold & Silver : 5am Snapshot

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5pm UPDATE : Correction Ongoing Exact Longer Term Silver ABCD 5pm : Straddled ABCD(1:1.272) 5pm : Straddled ABCD(1:1.272) 5am : Gold Lagged Behind Silver 5am : Silver Breakaway Gap · · · · · · · · · · · · · · Saturation : Gas Gold SP4X

NatGas Wednesday : Overview

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UPDATE : Optimum Zone Acquired UPDATE : Fibo Ladder & Optimum Buy Zone TARGETS · · · · · · · · · · · · · · Saturation : Gas Gold SP4X

Gold & Silver : Midnight Turn?

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ABCD (1:1) ABCD(1:1) · · · · · · · · · · · · · · Saturation : Gas Gold SP4X

Gold Week : Expected

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GOLD : Minimal Pull Back SILVER : Shallow Pull Back · · · · · · · · · · · · · · Saturation : Gas Gold SP4X