Best Wishes to All in 2010!
Hello and welcome to all visitors and members of the Money Tigers Group!
It’s time to wind up another year of markets and to look forward to a new year of possibilities and opportunities.
That’s exactly the approach we’re going to take here.
Regardless of what the newspapers or television news says,
I see great opportunities ahead for 2010.
Not fear or worry.
I foresee readers and members with the calmness of knowing what trends are in progress in the global markets.
I also see the great profit opportunity that comes from being able to track market trends well and detect early changes in those trends.
I’ll be sharing some more private insights as I examine charts of various markets of interest to our readers and members.
So, party up, rest up and get ready for a great year ahead!!
Click picture to enlarge
All my best wishes for a Happy and Prosperous New Year to you and your Family. - George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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Shanghai Composite Index Slipping to the Edge?
Holiday ‘Hello’s’ to all you money tiger trackers out there.
I hope you’re getting ready to settle in for a long winter’s nap (Holiday-wise anyways).
Best wishes for this Holiday and for a prosperous and less confusing New Year.
Here’s a little update on the blog sent out yesterday.
SHANGHAI COMPOSITE STOCK INDEX:
In yesterday’s observations, I mentioned that the Hang Seng Index was tipping over the edge, but, that the Shanghai Composite Stock Index wasn’t at that point – YET.
Well, what a difference a day makes. It seems that overnight, as we suspected, the two markets came closer to alignment and agreement on a future direction for trend:
DOWN. Here’s the chart.
The Shanghai Composite is teetering on the edge of the cliff. Click chart to enlarge for clarity.
The downward movement of this market into alignment with the Hang Seng ups the odds heavily that there will be a break to the downside that is fast and noticeable.
Now that the world has turned to the Chinese markets and China in general to see if it is pointing the way to prosperity, the time is ripe for a disappointment to new investors.
What will appear as losses to us will be profit-taking by the true money-tigers of the East.
Money is leaving Gold, the Euro, Australian Dollar and other currencies and is going into the US Dollar for some reason we’re as yet unaware of.
Money needs to go somewhere to work and commodities (excepting the precious metals) and the US Dollar seem to be some of the prime destination spots for this flexible, global traveling cash.
GOLD: The Gold market hit our bottom resistance price area of $1080 which we set a week or so ago.
click chart to enlarge for clarity
So, I would set the next step down in price before a rebound (and for a high probability bottom for this cycle) at between $1036.40-$1046.50 ( assuming Cash Gold’s high as $1226 NY Spot).
I favor the lower end of the range as likely.
We’ll just wait and see how the gold trend develops.
As the chart to the left shows, price trend continues in a decline phase on the 30-day Gold price charts.
This blog will have a few days off as we draw closer to the Holidays, but, I’ll be posting some thoughts before the New Year on other markets and trends. - George
P.S.:
A reminder: These posts are for educational purposes only concerning my own private methods of analysis and are not recommendations or advice to buy or sell or to really do anything except to observe, along with me the rhythm of the big money tiger traders and institutions working at what they do best – swinging and manipulating market prices.
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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Hang Seng Index Cracking?
Here’s another interesting twist in the financial order.
We’re constantly exposed to negative headlines and stories about the US, UK and Western economies. About weakness, recession and woe. And, indeed there’s plenty of bad news to go around without a doubt.
But, I’m drawn to what I don’t read about but actually ‘see’ taking place in the markets of the world.
Markets, whether bond, stock or commodities market, are where money is put to work.
For a while it was Real Estate that was over- heated to a red-hot lava bubble which naturally burst.
Now, many tell us that Asia is our savior and that that is where the future of investing will be.
That is probably true over the long-term, but, in the short-term investment money can be quickly gobbled up by naive new investors in the Asian markets.
Just as I noted that non-US currencies were starting to weaken (British Pound, Australian Dollar, Euro, etc.), now, I’m starting to ‘see’ the beginnings of another surprise coming from the Hang Seng Market Index for Chinese stocks.
Click on the chart to enlarge for clarity
Observe the beginning of what could soon be big news this week or even overnight.
My interpretation is price that momentum is, for whatever fundamental reason, being choked and weakness, at least shorter term, is taking it’s place in the Hang Seng Market.
Granted the New Year celebrations are still to come in China, but, this is a bit early and seems to indicate that the incoming funds were coming from the Western side of the world and have slowed because of the Holidays here.
Will that be enough slowing to tip things over the edge? There has been some talk of US currency shortages in foreign countries and there no being enough spare dollars to continue buying US Treasuries at the same rate as before.
This slowdown in momentum may first show as a slip into sideways price action.
A sharp down-turn in Asia will likely spread throughout the region and if it starts now, may go largely unnoticed by traders in the West during this Holiday period. Too much partying can divert attentions.
Just when distractions are plentiful is a good time to prepare for surprises though.
Now, having said that, I need to point out that oddly, I presently don’t see this same weakness in the Shanghai Composite.
Yet.
Whether these two markets can diverge is an open question, but, it doesn’t seem likely on the surface.
We’ll just watch and see how this develops.
I could err on this by being too early but, it would align with the other currency surprises we mentioned and give us something to talk about as we begin the New Year.
Thanks for reading. - George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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Australian Dollar shifting gears
The month of December close to the Holidays is traditionally a time when specialists and floor traders and other major investors take some time off from the markets.
Of course, that doesn’t mean that there aren’t some interesting clues they’re leaving behind on the charts.
There are some intriguing changes in a few markets that I’ll be covering in the days ahead as I assemble a glance at the year ahead (or the next month or so to start).
One I’d like to leave you with today to ponder is the case of the seemingly perpetually bullish Australian Dollar.
Something significant is happening with the Australian Dollar.
A trend and market strategy of generating a ROI of over 3% per month in the cash Australian Dollar has just ended and shifted gears.
This may not be a short-term interruption either.
The second chart on the left shows how strong this change is.
The chart to the left is a weekly chart and also shows signs of weakening prices for the Australian Dollar.
The fundamentals we’ll never really know, but, there has been some talk in some circles of (hard to believe) a shortage of US Dollars in overseas economies causing upward valuation in the US Dollar and weakening non-US currencies at the same time.
The same thing is happening in the British Pound, the Swiss Franc and the Euro among others.
The Euro has really led the parade downward as the chart below testifies:
The non-US currencies are weakening as a group with the Euro leading and now, with the Australian Dollar (one of the strongest throughout this financial crisis) starting to slide too.
Inflation in commodity prices unfortunately continues with the exception of Gasoline and Crude Oil.
Gold, of course, recently has pulled back too, but, the inflationary pressure of the many other commodities has not been offset as yet.
We’ll continue to track the inflationary index and watch these new trends in currencies.
Have an enjoyable weekend. – George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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Gold Prices Break Support
Plenty of action in the Gold markets. Just a quick update.
Prices have now broken below both of the trading ranges it has been working in these last weeks.
All bets are off now, and prices can drop. I expect prices to hold above $1080 until the end of this week’s trading.
Anything lower this week and we’ll be free-falling.
Prices could then fall to the $990 area where there is some stronger weekly buying support expected - George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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The British Pound/Yen Trade
GBP/JPY: Pound/Yen - An earlier (yesterday), offline analysis of the Pound/Yen chart showed that prices were in an overbought price zone.
Though this chart was a snapshot of earlier yesterday, you can see how having some insight into where the big money is reacting or acting on the market can be an advantage.
The selling area (shown in the red rectangle) was no lie which was proven as prices dipped overnight past our uptrend support buy area and crossed our short-term (green) money tiger intention trend line.
This all indicated lower prices to come, which is exactly what has happened.
I draw your attention to the latest chart of the Pound/Yen trade below now.
The chart to the left shows 2 points (the red ovals) that the ‘Excalibur’ method indicated as places to go short this market.
Our Stairway method also indicated the second red oval from the left as a confirming signal.
These are all shorter-term price movement trends we’re tracking here.
But, the longer term outlook will tell us what’s really going on.
Let’s take a look at the long-term perspective using the same methods of analysis.
This chart where each bar represents a weeks movement, is telling.
While the Pound has been rising relative to the Yen for many months, it has shifted to a down trend that is accelerating (in my opinion based on my methods).
This means that they’ll be some dire news coming to account for what’s happening, but, don’t expect it to hit the mainstream media.
I’d expect that those with huge positions in the Pound and Yen will have to unload into willing hands. That’s the Money Tigers way of doing business.
That means feeding out some positive slanted opinions or articles until these money tigers are fully loaded and short the Pound, long the Yen.
It seems to me that the initial sharpness of the break this morning is the kind of speed we can expect in steps on the way down from here.
That’s the view and comments for this morning. - George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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Gold Poised for Ramp Up
GOLD: Gold prices held in the range we called in our earlier blog (between $1100-$1125) and have now lifted up to a higher sideways range of $1125-$1150.
Nothing too exciting here yet.
Watch for a break out to the upside out of the $1150 price area to confirm some real strength here.
Our overall outlook for gold price movement remains the same as our previous blog of
———————————————————————————————-
S&P500: Working it’s way out of it’s sideways channel but on a very close money tiger trend line at present.
Watch this closely. Any break below the green trend line will indicate to me that the short-term trend of the last 2 weeks is ending and that the market will head downwards.
Our first target on the downside would be about 1098 if prices do start to slide.
If the S&P500 price uptrend holds, then our upside target for the money tigers selling off their inventories will be about 1118.
Tomorrow we’ll show Silver and GBP/JPY charts as well as any news that comes about in the two markets mentioned here tonight. - George
P.S.:
A reminder: These posts are for educational purposes only concerning my own private methods of analysis and are not recommendations or advice to buy or sell or to really do anything except to observe, along with me the rhythm of the big money tiger traders and institutions working at what they do best – swinging and manipulating market prices.
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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Good News in Light Crude Oil!
Imagine my surprise.
Actually finding some good news on the inflation front.
Click on the chart to enlarge for clarity
Here’s a cash chart with what I’m writing about.
Here’s what I see using our ‘Excalibur’ and ‘Stairway’ approach to analyzing charts; a definite down-shifting in price rise momentum is taking place in the Crude Oil market.
I’ll post another chart view of this from the futures perspective next.
As you might know I’m a real believer in establishing only ‘cash equivalent’ type positions in the futures markets – (see the FAQ at the top of the page for more on this), but, it’s important to look at this or any market from several viewpoints’
Click on the chart to enlarge for clarity
My interpretation?
Big money is shifting gears, liquidating inventories and taking their profits from the recent run-up and going elsewhere with their cash.
You can’t have a shift in such a economically fundamental part of the money system without it affecting our secret inflation uptrend.
I refer to it as secret as the government denies inflation exists. Does it?
Didn’t the US government just cancel the ‘cost of living’ raises to the social security crowd because there wasn’t inflation? Confused?
Just go by the charts and indicators and not the commentary you read or hear out there.
You can judge whether a price line is going up or down.
Black isn’t White! No matter how many times someone tells you it is.
You can trust what you discern for yourself using Common Sense.
Click on the chart to enlarge for clarity
Well, here’s a chart showing many critical consumer prices combined into a index chart formerly known as the CRB Index or Inflation Index.
Sure looks like a steeply increasing inflation trend to me!
Well, all politics aside, the Good News here is that this inflation indicator index has now weakened enough to be resting on our ‘Excalibur’ money tiger line.
That means, in my opinion and that of the method, that Inflation is shifting gears and slowing down at last.
It’s slowing down at a rate greater than anytime in the last 9 months shown on the chart.
That is indeed very good news, especially if the green line is crossed going downward in trend.
With Crude Oil mentioned above as changing trend, there will be a slow-down in inflation expected as well.
Happy New Year! Here’s a good start to the year anyways. More later. - George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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New Updates on Indexes & Currencies
Just a short note to let you know that I’ll be including more indexes and currencies in future posts.
Also, I’ve just posted a FAQ page that will give members and non-members more information about our techniques and philosophy.
You can find the FAQ button just under the tiger header at the top of the site page.
I’ll also be showing longer-term trends in these markets, so, these should prove useful for weeks ahead for our readers and members.
Once again, please let me know if you want to see a particular market shown. Just drop me a line. – George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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Intra-day Gold Trend Change Prediction Worked
Hello to our regular group and to all our new members. Hope you all had a very enjoyable weekend.
Do you remember your last school reunion?
It felt a little like that to me as I had the pleasure of renewing communications with some old friends from years ago over the weekend. It was really very nice to re-connect and update on lives and aspirations.
I’m still catching up on the e-mails.
These are market enthusiasts whom I respect and they’ve given me some ideas to pursue on this blog that will improve it’s appeal to all.
So, shortly, I’ll be expanding commentaries to longer-term trends in other markets as well gold (as some of our members have requested).
Now, let’s see what’s happening with the Gold markets.
Heavy short-term selling in Gold has been taking place in the $1120-$1125 area repeatedly which seems to me to indicate weakness.
As mentioned in last nights blog (posted below), selling in a strengthening market should be taking place at higher and higher prices.
We’ve shifted instead to a short-term sideways trading zone. These are notoriously difficult to trade but do offer some insights into the underlying weakness still in the gold market.
By the way, we hit the gold price trend change spot on with our prediction last evening of a shift in gold price trend taking place between 06:00-08:00 NY Time.
Here’s how it looked on the Gold line charts:
This was just a micro-trend swing point, but was part of an experimental application of something I’ve been working on from the W.D. GANN work I’ve been researching for the last 3 or 4 decades concerning time and price. I won’t be doing these daily, but, it appears that I could using this technique if I wished.
That’s all for now. Need to get this blog out to you. I’ll update some more later on today. – George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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Sunday Gold Update
Gold prices have started to pick up a little in a micro-trend that bears watching.
Just for experiment’s sake, I’ve listed the potential weak price areas for gold on the upside over the next 6 hours. You’ll find those areas shown in red circles on the chart below.
Gold needs to stay above the white arrow line as the minimum. The upside for price is not so limited. If prices surge significantly above the red circled price areas, I’d be inclined to believe that this uptrend is gathering some steam.
We’ll see. Until then, we have some definite price areas to guide our trend analysis in this chart:
A new micro-trend upwards is under way.
Make sure that you’re looking at the short green squiggle at the left side of the chart.
That’s the present price area for gold as on this type of chart there will eventually be 3 day’s worth of lines painted on the screen.
This is a good place to mention something about the ‘Excalibur’ money tigers technique.
‘Excalibur’ creates a dynamic, up datable trend line on a chart. As prices reveal more and more about underlying buying and selling prices, one is able to draw a more and more accurate money tiger trend line on a given chart.
So, as you observe over time some of the chart examples on these posts, and you see some shift in trend line occur, that’s because new data has created it and up dated the chart to it’s most accurate portrayal of buying and selling strength for that time period.
I’ll usually mention this in the post and give the reasons for the update, but, in case I forget, I’m telling you here. O.K.?
This should be an interesting week for Gold prices and the gold market.
I’m going to look for some kind of turn in the gold market between 0600-0800 NY Time. Let’s see what happens in that time block.
Purely speculation on my part, but, based on something I’ve been working on.
By the way. I’m looking for some input from you as to what you’d like to see covered in this blog series besides the gold market and currencies.
Any of you have other markets you’re interested in that you’d like to see analyzed in a different manner than found everywhere else? Drop me an e-mail at george@money-tigers.com and I’ll see if I can help in some way to get what you’re looking for up here on the web.
We’ll talk a little later. Have a great week. - George
P.S.:
A reminder: These posts are for educational purposes only concerning my own private methods of analysis and are not recommendations or advice to buy or sell or to really do anything except to observe, along with me the rhythm of the big money tiger traders and institutions working at what they do best – swinging and manipulating market prices.
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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Weekend Roundup Comments
Happy Friday all.
This week’s action in Gold was just a stepping down process that has taken us to lower lows inch-by-inch.
Click on the chart to enlarge for clarity
As Gold was not able to break above our $1150 upside selling area, it weakened even more and made a new lower low for this pullback.
Caution is called for at this point.
Prices could still weaken further, but, the real test will be on Sunday evening to Tuesday I think.
If gold prices rapidly break down below USD $1100, but stay above $1070 and then, bounce back upwards strongly, we’ll probably hold and go back up from these levels.
If, however, gold prices break sharply during next week, then, according to our Money Tigers approach, we’ll be in for a significant downturn as this will signify that really big money is shifting in the gold market.
Here’s my concern: This reversal in gold price trend has not been in play very long time wise.
It takes time to establish trend. And, as Gold has broken a 30-day money tiger trend line that was established over a period of a month or more, it seems that this new trend would have to run more than just a week or two just on the basis of it’s downward momentum.
We’ll see this week if the big money comes back into gold with a vengeance or not. If not, then, hang on for what will surely ‘shock and awe’ a lot of small investors with plummeting gold prices.
The Euro as we predicted in our last blog (see below) is further confirming it’s new downtrend and weakened all day today until the close.
The US Dollar strengthens, the Euro weakens and Gold goes down in price in the midst of a financial crisis while the stock market of the most debt-ridden nation in the world (the US) continues to be strong.
Don’t even try to figure this one out, just have a great weekend. – George
P.S.:
A reminder: These posts are for educational purposes only concerning my own private methods of analysis and are not recommendations or advice to buy or sell or to really do anything except to observe, along with me the rhythm of the big money tiger traders and institutions working at what they do best – swinging and manipulating market prices.
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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Strengthening US Dollar
The US Dollar is experiencing a boost relative to the Euro.
Probably due to ongoing concerns about Dubai debt held by European interests and rumors about Greece’s debt problems.
The Euro is weakening short-term
The 40-day chart shows the pattern clearly and our green money tigers line shows just when the big money started to change sides.
This could be the beginnings of a major trend, and, there are unexpected positive pieces of economic news coming out of the US with improved employment figures and decreased manufacturing inventories and increasing orders that seem to back it up.
Those are the fundamental ‘excuses’ that back up the actual actions in the markets however.
The 1-year Euro trend has broken to the downside.
The real bottom line, in my opinion, is that money is coming back into the US Dollar and US Dollar-denominated assets in a big way.
Never underestimate the ability of news stories to obscure the real view of the economy.
But, I do know this:Money ‘talks’ and money ‘walks’.
And, where money walks (goes in the world economy), ‘talk’ will follow (news stories of the side effects of massive investments that have already been made).
This is why I like to analyze the charts. They speak clearly and much earlier.
The rest in the media is just gossip and public relations set-ups to promote vested self-interests.
The facts are that money is flowing into the US Stock Market and those dollars of assets are now growing in value because of the increasing dollar exchange rate.
That’s a favorable combination for the wealthy. Especially when there are underlying and developing fears of more banking woes in Europe.
Money flees to the port of greatest safety and, right now, that appears to be the US.
It doesn’t seem logical, but, we’re just dealing with the data we see here and the money tiger strategy that they’ve used for centuries successfully.
We’ll keep our eyes on this along with Gold in the days and weeks ahead. – George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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Evening Update: Testing The Lows in Gold
The white circle on the chart left shows where selling overwhelmed buying in the gold market this evening.
Expect the gold lows of today to be tested shortly and probably taken out in the overnight markets.
The next chart in our series shows the longer-term strategy for the money tigers in my opinion and that line of support for gold prices has still not been taken out.
That is the trend over the last 6 months and is a stronger support level than any of the little ones we’ve been experiencing intraday this last week.
The 6 month trendline is still intact for Gold.
USD $1100/oz. is the number to be watching this week.
If gold prices breach that price support barrier, then, we’re looking at the USD $1000/oz. point as the next stopping point.
There’s no real news driving this market.
Just the usual rumors that are given the blame for this manipulative sell-offs by the big money interests.
That, of course, doesn’t mean that ‘smart money’ isn’t flowing into some other markets at the same time profits are being taken out of Gold.
Ah, yes. Nothing like storing your newly minted profits from the Gold run-up in a currency that’s rising in value or even in certain stock markets for that matter.
We’ll look at the currencies tomorrow to see what’s hot there.
Until then, good evening from here. – George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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Spot Gold Morning Update
Happy Wednesday!
Gold prices had a brief excursion above our Money Tiger tracking line during the early morning hours as we suspected they would (see our previous posting), but, slid back into their support area between USD $1100-$1125 and, are weak at present again.
Click chart to enlarge for clarity
In the process of their overnight price excursion gold has left me with an impression of ongoing selling by the money tigers of the world.
Unless we see prices rising above USD $1150/oz. and staying above that price for over 10 hours, I’ll be reluctant to believe the big money is back in the Buying mode in the Gold market.
We’ll check back a little later to see how gold markets are behaving and looking for clues as to the next act in this global play. - George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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Evening Update on Today’s Gold Prices
This was an exciting day in the Gold markets, no doubt about it!
Of course, with all the recent hype in the media (expounding Gold’s great value in these crazy economic times) helped a lot of late-comers to the gold markets to get in late in this cycle. They took a hit in today’s continued drop in the price of gold.
If that describes you, don’t despair. This market is well-known for taking roller-coaster drops in price while still holding to the overall rising price trend.
Click on the chart to enlarge for clarity
We are currently seeing prices approach our ‘Money Tigers’ line (the white arrowed down trending line on the chart).
There will be Selling taking place all along here in an attempt to keep Gold prices below this line.
But, now that we’ve hit some support (as we predicted in our Dec. 5th post) at the USD $1125/oz. price area ($1100-$1125 is our gold price support zone), we won’t be surprised to see prices go right through the line to the upside again.
It may not happen on this next upswing, but, this price line will be tested as it slopes downward. It may be on the overnight.
Gold, which was a good buy over $150 higher, is an even better buy here and there are Nations and Institutions who need to buy more of it to insulate themselves from the next phase of the money madness brought about by the banks and FED.
All the best – George
P.S.:
A reminder: These posts are for educational purposes only concerning my own private methods of analysis and are not recommendations or advice to buy or sell or to really do anything except to observe, along with me the rhythm of the big money tiger traders and institutions working at what they do best – swinging and manipulating market prices.
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Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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Afternoon Gold Update
A reminder: These posts are for educational purposes only concerning my own private methods of analysis and are not recommendations or advice to buy or sell or to really do anything except to observe, along with me the rhythm of the big money tiger traders and institutions working at what they do best – swinging and manipulating market prices.
Good afternoon Gold lovers.
Just wanted to let you know that Gold has hit our expected support price area for the first time.
We mentioned this price area back on the December 5th post which you can observe for yourself lower on this page.
That support area is USD $1100-$1125/oz. for spot gold and price has already hit there as seen in the kitco cash gold graph below.
click on chart to enlarge for clarity
Gold price has rallied a little closer to our Money Tiger line (the downward sloping white arrow on the chart) which we’ll use to define the selling area for the big money traders right now.
Until prices go above this white line, in my opinion, the gold prices represented by this line will be used by institutions as a place to sell additional gold into the weakened market.
We may well be seeing some brakes applied to the decline from here to the approximate USD $1100 level.
I’ll give more specifics as to the longer-term 30-day trend in a later post perhaps this evening. - George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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Intra-Day Slide in Gold Prices
Greetings from the chilly North West.
The chill has spread to the Gold market this morning it seems.
Click on the chart to enlarge for clarity
Though we were hopeful that prices might regain some strength once they rose above USD $1152/oz., they have weakened again on an intra-day basis in the NY Spot Gold Market and have broken our short-term intraday Money Tigers line (the white arrowed line on the charts).
The first chart shows the uptrend line from overnight.
The chart below shows the decline line that we expect will be the dominant intraday trend short-term.
Click on the chart to enlarge for clarity
I would not buck this downtrend in gold prices until this Money Tiger Line (the while arrowed downward sloping line in the chart) has been penetrated by upward moving prices that hold for more than an hour or two.
At any rate that’s what I see using our Money Tigers approach over the next 2-3 hours in the NY Spot Gold Market.
Definitely weak. Definitely down unless this line is crossed.
Updates to come later today. - George
P.S.: A reminder: These posts are for educational purposes only concerning my own private methods of analysis and are not recommendations or advice to buy or sell or do anything.
Except to observe, along with me the rhythm of the big money tiger traders and institutions working at what they do best – swinging and manipulating market prices.
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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Gold Prices Still Sliding
Good Morning all.
Wanted to send a quick update on the Gold Price slide we saw last week.
Gold Sell Points
Prices continued to slide downward a bit more this morning into the $1140 area.
The trend is stepping down in price.
I’m watching short-term for gold prices to have to rally above $1152/oz. before breaking this present downswing. I’ve included a 3-day 24-hour chart from Kitco to show the points I’m talking about in this post.
There have been two price points for Gold that would have fit our ‘Line Tamer’ approach to line charts since Dec. 4th. I’ve pointed them out in the chart.
Once again, watch the USD $1152/oz. price for Gold on the upside as an indication of resuming strength.
Any drop below USD $1132/oz I’d look at as further confirmation of weakness in Gold pricing.
All the best - George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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Talking About Gold
The 30-Day Trend is Solidly Upwards
It doesn’t take a genius or an expert to know that Gold is continuing it’s upward trend. But, how far upward can we expect it to go on this latest surge?
Indeed, we predicted this trend quite some time back in a posting on October 7th or so.
With our secondary target of $1,100 reached and exceeded, the restraints have been lifted to higher sell-off areas,such as the present selling area at $1,220.
Expect the acceptable Money Tiger Selling area to gradually increase by another $25/oz. within the next several weeks. This means that the upward price trend can continue to increase and, I’d expect prices could dip as low as $1,200/oz. ( into a Money Tiger Buying zone) short-term, and still retain their upward bias and planned direction.
Meanwhile prices, have been climbing at the rate of around $150/oz. per month since November. No reason to expect it won’t do so again, which means we could be looking at $1,380/oz. Gold in another month perhaps assuming the same trend rate we’re seeing presently.
These are Nations (like India and China), Banks and giant Funds that are driving demand and price trend. In short, the true Money Tigers of the World are active in this market.
Buying and Selling will continue along the way, but, their goal for Gold has added around 7.5% to it’s value over the last month alone.
Solid 60-day Gold Trend Upwards
Looking at the 60-day Gold trend, we can discern easily that this is a very strong market trend in progress.
India’s recent 200 tonne purchase of Gold from the IMF lit the fire of interest for the Funds that are following.
China’s internal purchases of it’s own Gold production are incredibly clever and economically sound for it’s own economy.
It’s a win-win play for China while still creating demand in the World for the precious yellow metal.
For our newer members, we develop the green Money Tiger trendline beneath the market charts using our own Money Tigers Course technology (available to members elsewhere on this site).
All the Best- George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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What Are Your Favorite Markets?
For this post, I wanted to ask our members to drop a line or a comment that indicates what markets you’re interested in me following and commenting on.
In short, what are your favorite markets to follow?
Inflation is still in effect in most of the markets I’ve been covering in the past postings here, but, I’ve only covered a very few. There are many others and as this site is for you, a member of the Money Tigers Group, I want to be sure that I can give you some insights that you need in the markets of your choice.
Just drop me a note, email or comment if you would. It’d be greatly appreciated and I’ll set about analyzing and posting about those markets in addition to the ones frequently commented on here.
Of course, this is all part of our educational process and is not intended as an advisory service and I’ll be posting on these new markets in the private, password access part of the membership site.
All the Best, – George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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