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Genghis
11 okt 2016 14:47

Gold/Copper Oct'16 - Short term heading south? Kort

GC1!/HG1!COMEX

Beskrivning

Bull recoil complete. Time for a tank sub 400?
Long term model suggests a run up towards 700

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Heading into buy zone sub 420

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GC/HG sat around support


Platinum vs copper

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Silver/Copper
Looking bullish.
- Bear recoil trade move complete
- Inverse H&S
- Sat just above long term trend line support
- Completed pull back to 23.6% fib

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gold/copper

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Si1!/HG1!

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silver/copper

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Platinum/Copper
Weekly

Daily

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plat vs copper

gold vs copper

silver vs copper

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Silver/Copper looking like a buy


platinum silver too
Kommentarer
TA_Valley
this is an inserting pair. both opposite to dollar, while one is risk aversive, another is risk preferred
Genghis

Potential resistance as we run into broken trend channel and stochastic overbought
Genghis

Looking to sell into the rally
Genghis

On longer time scale there is a hint we move below 420
Genghis
Over the next couple of years the idea of being short gold not all that appealing. Hence long copper?
Mer