Brian Bloom

Brian Bloom Articles

Come on Mr Market! Talk to me! What secrets are you hiding? For about two hours I have been scrolling through the monthly charts to get a feel for the big picture. With a contrived mindset of neutralised prejudices, the most significant...
Technical Analysis is all about listening to what the market is telling you - and the messages are often very unclear because of a phenomenon called "biofeedback". It's like the words of the old song: "The girls watch the boys watch the...
The following monthly chart of the Dow Jones Industrial Index is very informative if one focuses on "volume" in addition to price. (Source: http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=nem&time=&freq=)
I recently had cause to recall the fact that my Professor of International Finance gave me a "courtesy" pass mark for his course (in 1970/1) because I was stupid/arrogant enough to argue that the gold price would rise above $35/ounce,...
Conventional Trading Techniques would give rise to the conclusion that "last week" was the time for holders of gold to sell out. (Charts courtesy Stockcharts.com) From Chart 1, it can be seen that the gold price's stochastic is giving a...
As most of my "spare" cash is invested in gold and silver shares, it seems reasonable to expect that I have a vested interest in seeing Precious Metal prices rise. The fact is that I regard my gold/silver investments as I would a Life...
The chart below is very important. It shows the $CRB having experienced a "false" breakout from a bearish rising wedge, with the price now firmly back inside the wedge. The probabilities are therefore quite high that the $CRB will soon...
My late father left school at 14 to help support his family. His brother recognised that this was probably a waste of God given talent and, when he was eventually able to, he encouraged my old man to go back to school and then to...
In February-May of this year we witnessed the development of a diamond pattern on the dollar chart - which turned out to be a "continuation" pattern. The chart below evidences a diamond "reversal" pattern - from which the dollar is now...
… there is an increasing probability that this will culminate in a Market Crash. The following chart is a 5% X 3 box reversal Point and Figure Chart of the $XAU vs the US$ (source: stockcharts.com). It shows that the Gold Shares have been...
India is perennially the world’s largest gold consumer.

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