by Bill Downey     Price Analysis of Gold and Silver
Follow Our Socials!

Click here to see the GoldTrends.net Google Plus page and subscribe! Click here to see the GoldTrends.net Facebook page and subscribe! Click here to see the GoldTrends.net Twitter page and subscribe! Click here to see outhe GoldTrends.net LinkedIn page and subscribe! Click here to see the GoldTrends.net YouTube Channel and subscribe! Click here to see the GoldTrends.net RSS feed list and subscribe!

Technical Analysis Trading Gold, Trading Silver/ analysis By Bill Downey providing key turning points & charts for investors and speculators in Precious Metals Trading, and Precious Metals Markets

Kitco



Bill Downey, of Gold Trends.net, LLC, is an Independent Investment Analyst with over twenty years of study. YOU SHOULD NOT TAKE ANY MATERIAL posted on this WEBSITE AS RECOMMENDATIONS TO BUY OR SELL GOLD OR ANY OTHER INVESTMENT VEHICLE LISTED. Do your own due diligence. No one knows tomorrow's price or circumstance. The author intends to portray his thoughts and ideas on the subject which may s be used as a tool for the reader. GoldTrends does not accept responsibility for being incorrect in its speculations on market trend or key turning points that it may discuss since they are at best a calculated analysis based on historical price observations.

US. Government Required Disclaimer

Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

 

 

Quick gold Update on short term technical and cycles

02 Dec 2015 10:42 PM | Bill Downey (Administrator)

Gold Short term

Our last updates stated that as long as we remain below 1085 the potential to move lower could continue. Since then we hit 1075 and have turned back down to new lows (1046). We listed overall support at 1023-1044 and thus we have reached within 2 dollars of 1044. Look for 1034-1044 as support initially on Thursday and then 1020-1023.


Gold Short term Cycles

At the moment it looks like this rotation below (bearish) is the one that is playing out. In this rotation the low becomes due Dec 11th (plus or minus 72 hours). Targets are 1034-1044, 1020-1023 and then 985-1000.

As long as we are below 1072-1075 on a closing basis, the trend remains down.  



Technical Analysis :: Gold & Silver

Copyright  2008 - 2015  Gold Trends.net, LLC               Email: info@goldtrends.net

Powered by Wild Apricot Membership Software