Bloodbath
Bloodbath We are in the middle of a bloodbath phase for gold which I noted in the last weekly report. Bloodbath phases tend to run between 3-8 days and we are currently on day 5 and so a daily swing at this point would be the first thing to look for. As of […]
Weekly Report June 16, 2018
Weekly Report June 16 For new readers of the blog, I recommend reading the terminology page before the weekly reports. Gold As I mentioned in the previous Weekly Report, the precious metals sector is one of the most manipulated sectors there is. We saw a prime example of this on Friday. First the banksters manufactured a fake breakout on […]
Euro HCL still in play
Euro HCL still in play I’ll do some quick market updates from time to time when I have some thoughts I want to say out loud. As I mentioned in the last Weekend report I’m expecting a HCL from the euro on the FOMC meeting. Monday we had a small rally and the HCL scenario was […]
Weekly report June 10, 2018
Weekly report June 10 For new readers of the blog, I recommend reading the terminology page before the weekly reports. Currencies I’ll start off with the currencies. The euro has formed a weekly swing low which is a strong indication of a larger degree bottom. I tend to think that the euro is about to […]