Blowoff seasonal top $GC_F $GLD

24 Şub 2020

This latest coronavirus news cycle created a $30 gap up on gold just at the peak of the seasonal cycle. I believe gold and 30Y bonds have reached a crescendo and are due for a retracement. We hit the Year Camarilla pivot almost exactly at the top today. The retracement back to Year R3 is what the normal target should be after this kind of move.

24 Şub 2020

Not

10Y gold seasonality chart shows that this date is correlated with a relative top. Gold usually descends to the March FOMC statement due on March 18.

24 Şub 2020

Not

GDXJ smacked Year CAM R3 here as well and non stop selling.

24 Şub 2020

Not

Excellent.

25 Şub 2020

Not

Important block. Bearish below

ETF Blocks
📈 IAU 🥇 #Gold
📊 959,330
💵 15.81
💛 +0.02 | +0.13%

25 Şub 2020

Not

Hits the Day ATR stop target. Covered this short for now. Any rebound in the markets will further sink gold, it is not cooperating after the big surge monday.

25 Şub 2020

Not

Silver killed on Month R4 and JAN high. Big money to be made. Platinum destroyed.

25 Şub 2020

Not

Updates on equity futures, bond, commodity, and FOREX markets.

Topics:

➡️ Big selloff in equities (again) from coronavirus related news.
➡️ Precious metals punished, near term targets reached.
➡️ Opportunities for rebound Wednesday. Top to bottom NAS100 nears 10% correction.

youtu.be/cSCNeXaXwfw

28 Şub 2020

Not

Target reached already. Miners completely destroyed.

28 Şub 2020

Not

Silver crushed. -7%

13 Mar 2020

Not

Lower target is 1440 gold. We may get there by the Fed statement March 18 to follow seasonality