Swiss Franc/Us Dollar – Bullish for Gold
I’ve posted this very important PM indicator a few times. I thought I’d show you an update. We’ve clearly broken out and left the bottom behind us. Applying an angle of ascent consistent with previous cycles takes us to the top rail and therefore the gold top in (drumroll please)…..2026. This ties in perfectly with Spocks expected ‘K Wave Peak’ in 2026.
Let me be the first to say…that’s impressive Northstar
Cheers Fully. Must be more than coincidence.
Northstar, thank you very much for continuing to post. Your insightful work helps us all =0)
Thanks Saab. Onwards and upwards;-)
Fingers crossed! Time for me to take a few more bets (I mean gold stock buys)! Lol
Thanks very much Northstar!
No problem MM. As long as these fundamental charts continue as I’m expecting, we have nothing to worry about in the gold market.
Thank you NS. Still see us as basing and more short term hope dashed this week. All part of the process to wear us out. The longer the base the bigger the move in the direction of the breakout. Just not there yet I suspect.
You could be right there, but it’s getting close.