Goldtent TA Paradise

More On Gold Bulls

1. Bikoo99 says:

   April 11, 2018 - 1:34 pm at 1:34 pm

   This is the review of Adam’s article of 2004. Do you know if Adam ever updated this three phases of gold bull market?

   This writer says gold is in phase 2. I think phase 2 may have ended in 2011 at 1923/50. AA severe down turn since 2011 till 2015/2016 gold bottom. Gold may be in phase 3. How can one tell???

   Interesting writer should have updated the Zeal chart for current gold price. The red line on the chart is still from 2004.

   May be someone can superimpose and see how it looks???

   Very interesting.

2. Northstar says:

   April 11, 2018 - 1:52 pm at 1:52 pm

   Yep, as you say, an update of the article in my earlier post. I’m unsure whether to view the period since 2015 as a brand new bull or part of an ongoing one. I’ll give it some more thought.

3. Plunger says:

   April 12, 2018 - 12:37 pm at 12:37 pm

   Gents I have chronicled this concept in detail over at the Rambus site. His work is somewhat sloppy and imprecise IMO. As an update I have stated that the bull market began in Jan 2016. Phase I lasted until Dec 2016. Since then we have been in the early stages of Phase II in which investors become very discouraged and come to doubt their own investing propositions. We are 16 months into this stage. Eventually we will break out above resistance, I believe later this year or sooner. At time Phase II will be gin advancing for several years. Here is my take on it:

   Brace yourself:

   https://stockcharts.com/h-sc/ui?s=%24GOLD&p=M&st=2000-12-27&en=2027-01-01&id=p90451640265&a=585716276&listNum=270