Dollar adjusted Gold: In depth time at mode analysis

2015년 10월 11일

In this chart I conducted a very detailed time at mode analysis of the monthly chart in gold, adjusted by the world's investor's perception of the dollar to give us a clearer indication of its value.
Right now, the chart suggests gold might have bottomed in the intermediate to long term.
This is by no means a small claim, I know, but the technicals on chart are a powerful indication of a big paradigm shift here.
I'll look for bearish dollar setups from now on, I suggest you do it too.
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Cheers,

Ivan Labrie
Time at Mode FX

2015년 10월 20일

노트

On track, analysis is valid so far. Dollar peaked for 2015.

2015년 10월 22일

노트

Gold is holding its own, like most commodities, but even outperforming the index.

2015년 12월 7일

노트

We have hit the 12 month mode support. I think this is really the bottom for a long time.

2015년 12월 31일

노트

Gold continues to be weak, failed rally is very bearish. We will resume the march down to my lower targets in the related ideas.

2016년 1월 9일

노트

Big rally after time expired...nice!

2016년 10월 12일

노트

...and now it's looking toppy.