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Due to illness, today's issue unfortunately has to be canceled.

That's why the next free GUNNER24 Newsletter will be published and mailed on Sunday, August 19th! 

 

Current Free Newsletter Issue

This Gold-Low is very stretched

Back in April I had the uncomfortable feeling that the gold is working on a "very" complex inverse Head and Shoulders chart pattern in the monthly and yearly charts. This is initially one of the most bullish bottoming formations and offers a possible multi-year holding bottom or base, followed by a next sustainable multi-year bull market.


Then, I calculated a 65% chance that gold has to follow the blue route back to 1200$-1180$, perhaps even a 1150$ or so, forming its most Right Shoulder over the course of summer 2018, before then, sometime in 2019, the overall-dominating bear market neckline resistance could finally be broken to the upside. Below is monthly gold chart with potential multi-year "very" complex inverse Head and Shoulders pattern, as presented and analyzed within free GUNNER24 Forecasts, Issue 04/29.

 

 

 

Current GUNNER24 Setups
 MonthlyWeeklyDaily4 Hour
S&P500G24UpG24Downnone1522838221G24UpG24Downnone1522838600G24UpG24Downnone1522838940G24UpG24Downnone1531221791
DOWG24UpG24Downnone1522838230G24UpG24Downnone1522838612G24UpG24Downnone1522838920G24UpG24Downnone1532608019
NQ 100G24UpG24Downnone1522838240G24UpG24Downnone1522838622G24UpG24Downnone1522838929G24UpG24Downnone1533643763
DAXG24UpG24Downnone1522838309G24UpG24Downnone1522838632G24UpG24Downnone1530017154G24UpG24Downnone1533905020
EuStoxxG24UpG24Downnone1522838318G24UpG24Downnone1522838682G24UpG24Downnone1530017111G24UpG24Downnone1533211466
GoldG24UpG24Downnone1522838261G24UpG24Downnone1522838693G24UpG24Downnone1529492142G24UpG24Downnone1534317848
SilverG24UpG24Downnone1522838188G24UpG24Downnone1522838654G24UpG24Downnone1529309117G24UpG24Downnone1533729432
EUR/USDG24UpG24Downnone1522838251G24UpG24Downnone1522838666G24UpG24Downnone1533905717G24UpG24Downnone1531984112
USD/JPYG24UpG24Downnone1522838282G24UpG24Downnone1522838643G24UpG24Downnone1524653931G24UpG24Downnone1532522061
Last Update: 2018-08-15 09:24 CEST
Recently updated: Gold 4 Hour
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