{"id":151402,"date":"2019-07-12T14:18:34","date_gmt":"2019-07-12T18:18:34","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=151402"},"modified":"2019-07-12T14:18:34","modified_gmt":"2019-07-12T18:18:34","slug":"could-gold-launch-into-a-parabolic-upside-rally","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/07\/could-gold-launch-into-a-parabolic-upside-rally\/","title":{"rendered":"Could Gold Launch Into A Parabolic Upside Rally?"},"content":{"rendered":"
July 12, 2019<\/div>
\r\n<\/div><\/div>

By TheTechnicalTraders.com<\/u><\/a><\/strong><\/p>\n

We believe Gold is setting up for an incredible upside breakout move after reaching our predicted target near $1450. For those of you that have been following our research and Gold calls, we\u2019ve nailed this move and our October 2018 predictive modeling call has continued to mirror (almost exactly) the price movement in Gold over the past\u00a0 10+ months.\u00a0 See the chart below.<\/p>\n

\n
\"\"<\/figure>\n<\/div>\n

Our Adaptive Dynamic Learning (ADL) predictive modeling system suggested that Gold would rally from the $1200 level to above $1300, then stall.\u00a0 It suggested that in April or May of 2019, Gold would settle back below $1300 and set up a \u201cmomentum base\u201d before attempting an upside breakout move after forming the base.\u00a0 Our research team identified April 21~24 as the likely \u201cprice low\u201d for the \u201cmomentum base\u201d using our advanced price cycle and other research tools.<\/p>\n

You can see from the chart, above, that our upside price targets from our original research are above $1550~1600.\u00a0 What if we told you we now believe the upside price targets could actually be above $1700 and more like $1750 to $1800 on a parabolic upside price rally initiating after price breaks critical resistance levels?<\/p>\n

Take a look at this simple Gold\/Silver\/USDollar index chart.\u00a0 The purpose of this chart is to relate the price of Gold to the price of Silver in US Dollar price levels.\u00a0 It highlights that Silver is still very undervalued in comparison to Gold and that any attempt to restore a price balance between Silver and Gold would likely result in either two outcomes : A. the price of Gold falls, or B. the price of Silver rallies faster than Gold rallies whereas this ratio will attempt to balance out (as we see back in 2013\/2014).<\/p>\n

Our Price Amplitude Arcs are a means of measuring price cycles, price waves and allow us to seek out critical price inflection points.\u00a0 As you can see, where multiple arcs align and are breached by price, we typically see some type of increased price volatility and trending.\u00a0 Currently, two separate arcs are setting up to be breached and we believe this is important because of how it aligns with our October 2018 research post.<\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n

What would cause Gold to rally above $1600 at this time?\u00a0 Why would this become a period where renewed interest in precious metals could drive such a big move?\u00a0 We believe a number of global economic factors will become more evident over the next 30 to 60+ days and that these critical Price Amplitude Arcs are suggesting price is set up to rally from these levels.\u00a0 We believe the move higher will include both Gold and Silver and that Silver may rally stronger than Gold which would cause this Gold\/Silver ratio chart price level to move higher \u2013 towards our objective line (MAGENTA).<\/p>\n

\n
\"\"<\/figure>\n<\/div>\n

We believe a key date for all traders\/investors to be aware of is August 19, 2019 (+\/- 5 days).\u00a0 We believe this will be the date range that the market will break out of existing ranges and when fear and greed will likely solidify in the precious metals markets.\u00a0 We have about 35 days to go before this date and we believe Gold will continue to trade below the \u201cBreakout Resistance\u201d until renewed fear and greed become more evident in the global markets.<\/p>\n

Our Current Market Top Analysis and Charts \u2013 Click Here<\/em><\/strong><\/a><\/p>\n

This means the US Dollar will likely continue to rally, or at least stay above $96, for the next 25+ days and that upside US Dollar price activity will partially mute the upside price potential in precious metals.\u00a0 Overall, the upside price momentum in metals will push metals prices higher while the US Dollar continues to strengthen moderately.\u00a0 Once the US Dollar breaks lower, metals will skyrocket higher (breaking past the Breakout Resistance level) and begin the upside parabolic move.<\/p>\n

\n
\"\"<\/figure>\n<\/div>\n

Any opportunity you find where Gold is trading below $1400 is an excellent opportunity to prepare for this move.\u00a0 Silver continues to trade below $15.50 and continues to be an incredible opportunity for traders who understand the ratio levels of precious metals.\u00a0 Don\u2019t miss this move.\u00a0 It is just a matter of time (30+ days) now.<\/p>\n

Be prepared for these incredible price swings before they happen and learn how you can identify and trade these fantastic trading opportunities in 2019, 2020, and beyond with our \u00a0Wealth Building & Global Financial Reset Newsletter<\/strong>.\u00a0 You won\u2019t want to miss this big move, folks.\u00a0 As you can see from our research, everything has been setting up for this move for many months \u2013 most traders\/investors have simply not been looking for it.<\/p>\n

Join me with a 1 or 2-year subscription to lock in the lowest rate possible and ride my coattails as I navigate these financial market and build wealth while others lose nearly everything they own during the next financial crisis. Join Now and Get a 1oz Silver Round or Gold Bar Shipped To You Free.<\/p>\n

I can tell you that huge moves are about to start unfolding not only in currencies, metals, or stocks but globally and some of these supercycles are going to last years. A gentleman by the name of Brad Matheny goes into great detail with his simple to understand charts and guide about this. His financial market research is one of a kind and a real eye-opener.\u00a02020 Cycles \u2013 The Greatest Opportunity Of Your Lifetime<\/strong><\/a><\/p>\n

As a technical analysis and trader since 1997, I have been through a few bull\/bear market cycles. I believe I have a good pulse on the market and timing key turning points for both short-term swing trading and long-term investment capital. The opportunities are massive\/life-changing if handled properly.<\/p>\n

BILLION GIVEAWAY \u2013 REAL GOLD OR SILVER WITH MEMBERSHIPS<\/strong><\/p>\n

\n
\"\"<\/figure>\n<\/div>\n

So kill two birds with one stone and subscribe for two years to get your<\/strong>
\nFREE GOLD BAR and enough trades to profit through the next metals<\/strong>
\nbull market and financial crisis!<\/strong><\/p>\n

SUBSCRIBE -> FREE GOLD BAR -> GET WINNING TRADES<\/strong><\/a><\/p>\n

Chris Vermeulen \u2013 TheTechnicalTraders.com<\/u><\/a><\/strong><\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

By TheTechnicalTraders.com We believe Gold is setting up for an incredible upside breakout move after reaching our predicted target near $1450. For those of you that have been following our research and Gold calls, we\u2019ve nailed this move and our October 2018 predictive modeling call has continued to mirror (almost exactly) the price movement in […]<\/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-151402","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/151402","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=151402"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/151402\/revisions"}],"predecessor-version":[{"id":151403,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/151402\/revisions\/151403"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=151402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=151402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=151402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}