BOINK

HA…JUST WHEN YOU ALL THOUGHT FULLY WAS A MEAN OLD PERMA BEAR !

I reviewed the simplest of charts.

Weekly Linear Gold

Maybe we just needed a Good Old fashioned BOINK in the gnads.

AND…is almost exactly 5 Years from the Initial Horrifying Bottom in 2013….and we are Back at the same 1180 level

5 years to go Nowhere…is that Long enough ?

Dead Cat

Today is the epitome of the Dead Cat Bounce

Feeble

Was a good trade though…. HGU …but I’m Out.

No conviction

Poll

Don’t forget the new poll…scroll down …on the right sidebar

How Ya Doin ?

Gold 4 Hour Chart

Flag

Is it a Bull Flag >? could be… note the flag poll ( which was just an overnight spike)

OR

Is it a Bear Flag >?..( Half Way Pattern) …. More likely as it is forming in a downtrend.

Watching

Gold – Another View

In my native currency things don’t look so bad

Meanwhile, in Turkey…

New Tent Poll

Vote Vote Vote

A Very Unpopular View

What Will The Dollar Do ?

Pretty crucial for the PMs at this point. Here’s an update to my chart on the sidebar.

I Repeat

COTs

Commercials are ALWAYS right

Specs are ALWAYS wrong .

Commercials have been at historically low short positions for a while now ( ie becoming Bullish)

What Happened to the above ?

HUI Support

Time to Bite a Long