RE: Why the Second Leg of the Gold and Silver Bull Market Will Be One for the Ages.
Nice to see another market technician here. I do have to respectfully disagree on the long-term Gold price. I'll include a chart for reference.
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What I'm seeing here is a long term parabolic rally (the three phases marked on the monthly chart), followed by the inevitable correction and a sideways movement into a winding triangle.
This indicates to me that volatility is declining at the moment, but when it reaches the apex of that triangle of ~1,240's around early January of 2018, my personal take is that there's a good probability of Gold breaking lower before any recovery occurs.
It may seem a bit counter-intuitive, but given the rumors of gold-fix suppression and market manipulation, I think this will be the final swan dive before the out-of-control debt in the system provides the fuel for a Gold rally.
Like the commentary, followed and look forward to your future posts!
You could be right there, although it does seem like everything is coming to a head and the price will resolve itself soon. I agree / hope with Maneco that it will resolve to the upside.