Gold & Wyckoff

in #gold7 years ago

Capture.PNG

The Bear Market in gold is over. As you can see we are very near to the end of the accumulation phase in gold. From here on gold will now campaign towards the mark up phase. This is when the huge gains will be seen. $1400 is coming soon but maybe we need a small pullback first, another Last Point of Supply(LPS2). Then starting next year we could see $1500+. Keep buying dips and accumulate. Buy physical gold/silver and Mining shares.

wyckoffaccumulation2.png

Sort:  

yes I am getting more money for my gold now :)

Thanks for sharing this!

Gold is looking like it's ready to pop. Hopefully, the powers at be don't do too much paper manipulation to keep it down.

First Majestic looks like it needs some more time to base. Its not really participating much on this gold rally but give it some time

Yea, they will probably have to wait until the next quarter numbers come out before any real movement will occur. I'm starting to feel optimistic though...