{"id":408694,"date":"2017-07-30T13:13:55","date_gmt":"2017-07-30T17:13:55","guid":{"rendered":"https:\/\/goldtadise.com\/?p=408694"},"modified":"2017-07-30T13:16:01","modified_gmt":"2017-07-30T17:16:01","slug":"408694","status":"publish","type":"post","link":"https:\/\/goldtadise.com\/?p=408694","title":{"rendered":"Another Long Term View"},"content":{"rendered":"<p>Had a quick look at the gold chart. Depending on how you draw your line, we are just about breaking out of the symmetrical triangle we&#8217;ve been building out since the late 2015 lows. The much larger blue symmetrical triangle will show a breakout near $1300, giving us a target of around $2400. Notice that we can turn down and go below $1200 anytime up until early 2018 without damaging this set up.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2017\/07\/Chart230gold.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-408695\" src=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2017\/07\/Chart230gold-300x207.png\" alt=\"\" width=\"300\" height=\"207\" srcset=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2017\/07\/Chart230gold-300x207.png 300w, https:\/\/goldtadise.com\/wp-content\/uploads\/2017\/07\/Chart230gold-150x103.png 150w, https:\/\/goldtadise.com\/wp-content\/uploads\/2017\/07\/Chart230gold-800x551.png 800w, https:\/\/goldtadise.com\/wp-content\/uploads\/2017\/07\/Chart230gold.png 835w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>A similar analysis of the HUI position gives us an <strong>initial<\/strong> target of 450<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2017\/07\/Chart231HUI.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-408696\" src=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2017\/07\/Chart231HUI-300x208.png\" alt=\"\" width=\"300\" height=\"208\" srcset=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2017\/07\/Chart231HUI-300x208.png 300w, https:\/\/goldtadise.com\/wp-content\/uploads\/2017\/07\/Chart231HUI-150x104.png 150w, https:\/\/goldtadise.com\/wp-content\/uploads\/2017\/07\/Chart231HUI-800x554.png 800w, https:\/\/goldtadise.com\/wp-content\/uploads\/2017\/07\/Chart231HUI.png 834w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>I thought I&#8217;d have a look at the very long term gold chart again and overlay some indicators&#8230;<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2017\/07\/Chart232gold.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-408697\" src=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2017\/07\/Chart232gold-300x169.png\" alt=\"\" width=\"300\" height=\"169\" srcset=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2017\/07\/Chart232gold-300x169.png 300w, https:\/\/goldtadise.com\/wp-content\/uploads\/2017\/07\/Chart232gold-150x84.png 150w, https:\/\/goldtadise.com\/wp-content\/uploads\/2017\/07\/Chart232gold-800x450.png 800w, https:\/\/goldtadise.com\/wp-content\/uploads\/2017\/07\/Chart232gold.png 1039w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>It looks very strongly suggestive of a new, long term bull market being born. Unless any of these very long term support lines are broken to the downside, the strategy has to be long gold and long miners (especially Spocks rocks !).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Had a quick look at the gold chart. Depending on how you draw your line, we are just about breaking out of the symmetrical triangle we&#8217;ve been building out since the late 2015 lows. The much larger blue symmetrical triangle &hellip; <a href=\"https:\/\/goldtadise.com\/?p=408694\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2814,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-408694","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/408694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/users\/2814"}],"replies":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=408694"}],"version-history":[{"count":0,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/408694\/revisions"}],"wp:attachment":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=408694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=408694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=408694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}