Gary Savage
Gary Savage Articles
Gold has closed below its intermediate uptrend line. This is the first confirmation that a larger intermediate degree decline has begun. However, the dollar should be in an all out panic next week as the bloodbath phase reaches a climax,
This video discusses the daily and intermediate cycles in gold. Price is now expected to at least tag the lower intermediate cycle trend line around 1240. Following a brief bounce price will likely retest the lower triangle trend line at...
There is little doubt that gold is now in a bull market. However, the price of gold is stuck within a complex sideways triangular consolidation pattern which may continue for the rest of 2017.
Surprises In a bull market come to the upside. Hence, it’s never advisable to lose one’s core position. This rally isn’t going to top until sentiment gets excessively bullish. Right now sentiment is dead neutral. Consequently, it will take...
Bonds – this past week suffered one of the largest weekly selloffs in decades. After finally reaching negative rates in much of the world, has the 36-year bond bubble finally popped?
Gold has multiple resistance zones at the $1380-$1400 level. It’s going to take some work to break through these. Gold will need some help from the dollar, which it will eventually get as the greenback will be due for its intermediate...
In my last analysis I noted that gold and the metals sector in general were too stretched above the 200-dma - and would likely have to churn for a while before the next leg up could begin. After seeing the sell-off following Friday’s...
The Weekly Charts for NASDAQ, Gold, Miners, France, UK, Germany, US Dollar and the Euro. Most traders are so short-term oriented that they forget to look at the weekly charts. The weeklies will tell you the intermediate trend. It’s never...
I’m going to show you how to trade against the crowd using the most recent 18 months of daily charts of $HUI (Gold Miners), $SPX (S&P500), $WTIC (Crude Oil), XLE (Energy) and $USD (US Dollar).
The banksters, by manipulating the price of gold and artificially creating a bear market, have created what will likely turn out to be one of the greatest opportunities ever seen. I’ve maintained all along this was their goal. To create...