Analysis the Gold price

Monthly chart for Gold price

Nowadays the Gold price is reissued since the global economic is getting doom.

Hence

I would like to post and analysis it

Check out whether if it will be happened to breakthrough and/or supported line?

It is crucial and inflected point as enough as paying attention  

I think it will be acted as breakout (③) and supported line (④)

Otherwise it will be continued as downtrend line  

Let us see the chart and listen to!  

①     Is the ladder Patten if uptrend line

②     Is downtrend line

③     Is a big candle which is appeared as “breakthrough uptrend line ( but unsure)”

④     Is possible adjustment(corrective wave) if so, “breakthrough uptrend line ( but unsure)”

⑤     Is expected uptrend line if 5ma is happened to Double bottom on 20ma

⑥     Is preordained and recoiled as the Ladder pattern so that it is continued business as usual, nevertheless all the atmosphere of its optimism is rising     

However

The below is reference what I said

Reference:

Those are renewal gold price charts and old history of blogs which have posted since 7 months ago.

Please return back to bellow blogs and retrace what I said before and digest attentively what will be happen to the future of Gold price as a sort of determinism

5) http://odysseylee69.blog.me/220174939107

4) http://odysseylee69.blog.me/220169534598

3) http://odysseylee69.blog.me/220066688306

2) http://odysseylee69.blog.me/220027352419

1) http://odysseylee69.blog.me/220073206024

It is a chart for Russian’s tears (Rubble)

Russian Rubble of

Monthly chart

It is a chart for Russian’s tears

Click here and review my previous blog  http://odysseylee69.blog.me/220240450244

And then

You will see what I was talking about and what I am talking about it

Here I shorty show you how to predict it’s future and how to response it’s movement

For I believe that it is worth for thousands of words and for equivalent of hundreds phrase.

Monthly cart of Russian Rubble

I wish you not to forget to contrast to the previous points and it’s signals

I will tell you the same methodology as I would do before.   

1. is the BBS bands signal for corrective waves which had been expected the shape of “V” signal and it’s responses two months ago. What do you feel and think about it?   

2. is stochastic signal which we waiting for confluence with “1”’( “V” signals of BBS)  

3. is 5ma ( 5 moving average) signal ) which has a provability for acting as resistance  

4, is 10 ma which has a provability for acting as resistance, too.

Therefore you are confronted with what we should do between 5ma and 10ma.

This information may be helpless for you to take a stance But I can help but to response according as daily chart movement.  

Not helplessly, what I am sure is that It must happened to the corrective wave one of them ( 5ma or 10ma) 

7 months later of Gold price on weekly chart

7 months later of

Gold price on weekly chart

Those are renewal gold price charts and old history of blogs which have posted since 7 months ago.

Please return back to bellow blogs and retrace what I said before and digest attentively what will be happen to the future of Gold price as a sort of determinism

5) http://odysseylee69.blog.me/220174939107

4) http://odysseylee69.blog.me/220169534598

3) http://odysseylee69.blog.me/220066688306

2) http://odysseylee69.blog.me/220027352419

1) http://odysseylee69.blog.me/220073206024

7 months later of

Gold price on weekly chart

(As Symmetrical triangle pattern)

See the symmetrical triangle pattern (black lines) and

See the See a Revised supported line (Blue color line)

And contrast before and after.

A) The symmetrical triangle pattern has been breakthrough October 2014

And failed to rebound to the vertex of triangle and has been acted as the resistance      line  

B) The Blue color line has been acted as the supported line in terms of a ladder pattern (Can you draw the cannel or ladder pattern?)

Indeed!

“A” is evolved into “B”

Now it seems like more or less of a ladder pattern  

If so, the next movement of gold price should be supported by “4” lower than previous lowest point 1130.40?

Neglect all the news but only watch assiduously or pre-supposedly out the shape of ladder pattern and response between both gaps of Channel, for it should be fluctuated between 1300 and 1140 unless the channel is breakout

I wish you have a good luck

And happy New Year!

(Today FEB 19. 2015 it is a new year as Chinese moon calendar) 

===========

Sorry!

I forget to tell you about the future of Gold price in Marco view

Which direction it will finally be breakout?

UP? or Down?

I will bet Down 80%

Nevertheless we would better to response according to what they are opening their card to us 

Brent crude oil for future

Brent crude oil for future

Monthly chart of

Brent crude oil

It seems to be supported by previous low level (see the black line)

For sure, check it out as very attentively the 4 signals as relaying deeply on the world economic factors. For nowadays all over the world economic issues are deeply subordinated by 4 signals as below that I descripted and

Review what I said before form http://odysseylee69.blog.me/220230884702  

1. is what we are waiting for the “^” signal  of Bollinger band’s upper line

2. is what we are waiting for the “the gold cross ” signal  of stochastic but not well      matured yet.

  Let us be patient a little more and then we shall see the shape  

3. is a  hammer candle which is rebounded from 45 point ,preparing for supporting the    downtrend

4. is Pervious lower points as Supported line. I think it will be acted as very strong  supported line.

I mean that oil price will be not more than this level. It may be big help what is lowest price of it 

Russian Rubble of Monthly chart

Russian Rubble of

Monthly chart

Watching the horse everybody, even Tom and Jerry, know the gallopers (Russian Rubble) is running so fast. But not everybody know when he is stop because it is not matter of the up but the down otherwise we respect and enjoy the bullish trend  

Here again

Today’s issue is “when a horse is no longer running” for soaring of Rubble will deeply impacted not only on Russian economic but also on world’s politic and Even will influenced on a motionless country, Laos when I am typing its movement on my keyboard, now.

With some troublesome an idea, if I insist, it may be a whim that the Rubble is chief cause and effect from the Oil price (refer to my previous post about Brent oil chart: click here http://odysseylee5.blogspot.com/ or http://odysseylee69.blog.me/220230884702

Perhaps betraying enough of your knowledge, information and intelligence, it is not because of Oil price but its probability on chart theory, since the chart is all.  

Rather I have obstinately persist that the Rubble had been preordained by its future of box’s theory on monthly chart (see yellow box which has been fluctuated for 15 years between 25,000 and 35,000, so that it has been explosively volatized by its compression

        

    

See and review the Box. How long it has been compressed and recoiled by the fluctuation and finally determine who is winners and losers (some people would express this war on chart as struggle between Bull and Bear, or bullish or bearish)

How much of booty do winner take from war?

(Of course if the winners not take it all)

It is entirely proportioned to the length of Box.The longer war, the more booty.

I think that it is enough for chartist to know what size of wave…, how long the Russian are ordained to be suffered from its preordained misfortune.  

See the chart again; It will be a little bit helpful for the Russian who cannot see chart but see what chartist is thinking about.

1. is the stochastic which is p osing as gold cross but not yet.

2. is Bollinger bands, down line which will be happen to “V” signal

3. is the stochastic indicator which is good example for future of the shape of “1”( this is the time when all the Russian celebrate for its stop)

4. is a good example “V” shape of Bollinger band signal which is supposed to be happened on “2”

n  For readers, it is not enough to be easily comprehended. see the previous my blog you can find out the analogy with all the signal such as stochastic and Bollinger bands    

  

       

Brent crude oil for future

Monthly chart of

Brent crude oil

Nowadays the price of oil has been chief reasons of all the world economic turmoil such as

Saudi Arabia, Venezuela and Russia for it are not only deeply but also proportionately or im-proportionately depending on their national income from oil price

I hope it will be useful information for a relevant country’s minister of Economic as well as all the Intraday Traders

To make a long story short there are no supported line except previous lowest point 36.61(2008/12). I think this is the point where the oil price is stopped. The other hand the price will be reached at this point. Is it so depressed of you or the other way around?  

See more details in chart. Just keep your eyes on chart nothing but chart. For it is honest and sincerer and is never deceive you, if you have eyes for what it is ingratiating and insinuating you.

(True! unfortunately You can see as much as you know) but sorry for this language which only I can disclosed to you  

  

1.  is stochastic indicator where you can wait for repeated signal same shape as 3 (so to speak “Gold cross signal”)  

2. is Bollinger bands indicator where you can wait for repeated signal same shape as 4 (so to speak “V. signal”)  

3. is good example signal for “Gold cross” breaking out the oversold line( you must wait for duplicated shape on the spot of “2”)  

4. is “V signal” of BBS ( Bollinger bands upper line)

5. is Minimum price of 36.61(2008/12) where has probability of “overlaps of all the factor “so to speak “confluence of indicator of factors

Behold!

Do not see and hear anything but chart, nothing but chart 

it saves your time and life 

Yours Cassandra     

Which one is the Real McCoy of Gold price chart?

Which one is the Real McCoy of Gold price chart?

There are some misunderstandings of my blog due to being seen same idea on other website as mine but I never copy other one except my chart language??? !!!

------ -----

I have posted about the Gold price since I met with a Germany friend 5 months ago.

And without discontinuity of my paragraph I have persistently claimed that it is symmetrical triangle pattern or the Box theory.  

But dubiously the same chart and same ideas has been published around the website (owing to  A guy scraped and posted on same idea as mine)

Coincidentally or purposely it may be happened so that we can see same idea on website.

But I hardly browser other website even hardly read any newspapers.   

---

Yes! It is a matter of the Real McCoy

It is not difficult which one is "the real thing" or "the genuine article"

Just distinguish from the continuity or detailed description

And then you may solved it

I have insisted on the Gold price since 5 months ago with both theory Symmetrical triangle and a Box theory. Contracting to other article I think you can easily get to the conclusion which one is the real McCoy.

Anyway

Let us see whether if it is reached at the price of 972$ or not

Resulting from its plan I will suggest you how to response it, step by step.

5 months later of Gold price on weekly chart

5 months later of

Gold price on weekly chart

(As Symmetrical triangle pattern)

It is one of the processes how chart language is transmitted from symmetrical triangle into box pattern,

As I told you, the base line of the box is collapsed.

It means that the price will be deeply and extremely down again.

   

In this stage, our interesting is no longer deeply down of the gold price but how deep or until which price level will be precisely down

It must be proper question in right time and right place (if you ask me)

The chart is telling us the unanswerable answers which will be equivalent size of another Symmetrical triangle.

Precisely speaking with numbers

It is supposed to be reached at the level of 972

 

It has been a journey for 5 months    

For reference please click here!

http://odysseylee69.blog.me/220066688306

http://odysseylee69.blog.me/220027352419

http://odysseylee69.blog.me/220073206024

And see what is “before and after” of this journey

Bon voyage

4 months later of Gold price on weekly chart (As Symmetrical triangle pattern)

4 months later of

Gold price on weekly chart

(As Symmetrical triangle pattern)

You would better treat “the Symmetrical triangle pattern” as the BOX theory since a month ago.   

For reference please click here!

http://odysseylee69.blog.me/220027352419

http://odysseylee69.blog.me/220073206024

And see what is “before and after” of this story

Bon voyage

3 months later of Gold price on weekly chart (As Symmetrical triangle pattern)

3 months later of

Gold price on weekly chart

(As Symmetrical triangle pattern)

Attention!

Presumably it has probability acting as a supported line as based Box line.

Being breakout, it will be like abyss, deeply downtrend again, please watch it out carefully.

When it is Breakthrough, it will drop down as much as the same size of the Box wide

For reference please click here!

http://odysseylee69.blog.me/220027352419

http://odysseylee69.blog.me/220073206024

And see what is “before and after” of this story

Bon voyage

Yours Cassandra 

Four week later of Gold price on weekly chart (As Symmetrical triangle pattern)

                               Four week later of

Gold price on weekly chart

(As Symmetrical triangle pattern)

It has more possibility to be down rather than UP (down 80%: up 20%)

But it is wise that you should “come down on right side of fence” since the possibility of 20% is crucial game. Unless you will be in danger not only for yourself but also for your family   

One week later of Gold price on weekly chart (As Symmetrical triangle pattern)

One week later of

Gold price on weekly chart

(As Symmetrical triangle pattern)

Generally speaking, it was know 80% down and 20% up when it is breakout.

Far so good, it is going on as business as usual.

It is a fruit and is one of power from technical analysis

See!

Reference of one week ago chart and  previous comment

=========================

This weekly chart of Gold price is showing a good example of Symmetrical triangle pattern.

Knowing it, you may convert your knowledge into your prosperous Wallet.

Does it mean that you know what next price of Gold is ?

Indeed ! you know next price of gold

This week( 19/07/2014) is closed 1316.90 reaching at the trend of the triangle.

So that if you guess that it is lower than this(1316.90), you are no longer a novice of this game.

Let me explain more detail of classical methodology of Symmetrical triangle pattern. 

Gold price on weekly chart (As Symmetrical triangle pattern)

Gold price on weekly chart

(As Symmetrical triangle pattern)

This weekly chart of Gold price is showing a good example of Symmetrical triangle pattern.

Knowing it, you may convert your knowledge into your prosperous Wallet.

Does it mean that you know what next price of Gold is ?

Indeed ! you know next price of gold

This week( 19/07/2014) is closed 1316.90 reaching at the trend of the triangle.

So that if you guess that it is lower than this(1316.90), you are no longer a novice of this game.

Let me explain more detail of classical methodology of Symmetrical triangle pattern. 

As you can see above Symmetrical triangle, it is sort of geometrical movement. It is hardly happened without artificial human behavior.

Someone are selling and buying at certain point of triangle.

At the finally apex of it’s destination, or of being converged into, it will be an explosion. For loser will obey and fellow the power.

Hence

The professional traders is never opening his wallet but watching and preparing so to speck “riding fence and come down on the right side of the fence” 

if you want to know real time when you have to come down from fence, you need to ask 30 minute chart 

Gold price in weekly chart

Gold price in weekly chart

Someone asked me about the gold price.

I looked up and analysis not only for him but also other anchored investors.

It is too doom to satisfy many investors who had been hooked for 3 years  

But you will be unchained from this shackle when you see “Double bottom” signal

Let me illustrate more specific in terms of chart language  

①     is box (rectangle black box) I guess the price will be fluctuate between upper(③) and down side(②)but ② will be unfortunately breakthrough 1209.30

②     is price of 1209.30 which is down side of box

③     is upper price of box 1415.86 which is hardly breakout

④     is the price of gap between 1209.30 and 1415.86. it is about 15.75% which is supposedly fluctuated and is finally breakout to down side ( sorry ! it is too pessimistic result for my readers)

⑤     is two MA lines. One is 120ma and the other 240ma (ma=moving average). You may be happy for a while when two lines is interlinked (so called “dead cross”) because it is meant to be rebound. We call it “process of corrective wave” when dead cross is occurred. But not too long it makes you happy it will be down again to the bottom side of box.

⑥     is the double tops which all cause has been bring about since it is bad signal for all investors. ( see the yellow line of 20ma)

⑦     is the sign of double bottom which you should wait for it since “Every flow must have its ebb”. It is rescue sign of your money and free from this bondage which you shacked for 3 years investing