{"id":134975,"date":"2018-10-05T11:38:29","date_gmt":"2018-10-05T15:38:29","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=134975"},"modified":"2018-10-05T11:38:29","modified_gmt":"2018-10-05T15:38:29","slug":"prepare-for-a-gold-silver-rally","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/10\/prepare-for-a-gold-silver-rally\/","title":{"rendered":"Prepare for a Gold\/Silver Rally"},"content":{"rendered":"<div id=\"inves-2818599602\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">October 5, 2018<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By <a href=\"http:\/\/bit.ly\/1zUUpun\" target=\"_blank\" rel=\"noopener\"><u>TheTechnicalTraders.com<\/u><\/a><\/strong><\/p>\n<p>Our modeling systems are suggesting that Gold and Silver will begin a new upside rally very quickly.\u00a0 We wrote about how our modeling systems are suggesting this upside move could be a tremendous opportunity for investors over 2 weeks ago.\u00a0 Our initial target is near the $1245 level and our second target is near the $1309 level.\u00a0 Recent lows help to confirm this upside projection as the most recent low prices created a price rotation that supports further upside price action.\u00a0 What is needed right now is a push above $1220 before we begin to see the real acceleration higher.<\/p>\n<p>The Daily Gold chart, below, shows our Fibonacci modeling system suggesting that $1235 to $1250 are the upside target ranges.\u00a0 Near these levels, we should expect some price rotation before another leg higher begins.\u00a0 Currently, support near $1180 is the floor in Gold.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-26628\" src=\"https:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/10\/Chart_18-10-04_GOLD_Fib_D.png\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" srcset=\"https:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/10\/Chart_18-10-04_GOLD_Fib_D.png 700w, https:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/10\/Chart_18-10-04_GOLD_Fib_D-300x197.png 300w\" alt=\"\" width=\"700\" height=\"459\" \/><\/p>\n<p>If you are a fan of the shiny metals and want to know what we believe is likely to happen over the next 8+ months, then please take a moment to join the\u00a0<a href=\"http:\/\/bit.ly\/1zUUpun\">Wealth Building Newsletter<\/a>\u00a0to learn how we can help you find and execute better trades.\u00a0 We provide even more detailed research and predictive price modeling for our subscribers and we believe this bottom setting up in Gold may be the last time you see $1200 prices for a while.\u00a0 Check out\u00a0<strong><u><a href=\"http:\/\/bit.ly\/1zUUpun\">www.TheTechnicalTraders.com<\/a><\/u><\/strong>\u00a0today.<\/p>\n<p>Chris Vermeulen<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By TheTechnicalTraders.com Our modeling systems are suggesting that Gold and Silver will begin a new upside rally very quickly.\u00a0 We wrote about how our modeling systems are suggesting this upside move could be a tremendous opportunity for investors over 2 weeks ago.\u00a0 Our initial target is near the $1245 level and our second target is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-134975","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/134975","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=134975"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/134975\/revisions"}],"predecessor-version":[{"id":134976,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/134975\/revisions\/134976"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=134975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=134975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=134975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}