Yearly trend: in 2012 /2013, qualification in a new bullish parallel pattern

On a yearly basis, a bullish parallel pattern is in progress with a strong dynamic for LY. PY will cross MY in more than one period. A powerful bullish no-crossover is in progress with our stochastic. On a Historical basis, one of the most bullish pattern ever seen (since the end of XIX century). 

Idea: LY will continue to decline for two periods or more

Bet: S&P 500 rise in the 1990 / 2000 as a benchmark.

 

Long term: a new monthly bullish pattern qualification?

On a quarterly basis, the pattern is a bullish parallel one. The dynamic for our 7 / 23 quarters moving averages is strong and continue thru 2013. The status in progress for our MACD and our stochastic is a bullish no-crossover. On a quarterly basis, these patterns give a very powerful signal.

On a monthly basis, our 7 / 23 months moving averages are up with a bullish no-crossover as a current status. At the end of the current period, the status for our monthly stochastic will be a bullish no-crossover. The same pattern is in progress with our MACD. Two periods after a PM / MM bullish crossover, no technical move occurred. Without any change for status, a new bullish parallel qualification will be in hand in early October.

Idea: soon, Gold will be The new standard for international transactions instead of € and $.

Bet: bullish no-crossover for our stochastic and MACD

R = rise > 2 years, +++ (should be above 2 000, 3 000 and +++);    S = 1155, MM (1072)

 

 Medium term: September 2009 as a benchmark?

On a weekly basis, UW / LW spread is not minimal but UW trend is increasing. A similar pattern to early September 2009 could develop. A bullish no-crossover is the status for our 7 / 23 weeks moving averages. Our MACD is oversold. As long as our MACD is not overbought, a rise or a bull trend is underway.

Idea: a new monthly bullish parallel pattern qualification is in hand

Bet: a very powerful uptrend will develop with a bear trend for LW.

 

R = +++        S = MW (1222.7)

 

Short term: bullish parallel pattern

On a daily basis, a bullish parallel pattern is in progress as long as MD proves to be a support.

Idea: use bullish parallel rules

Bet: very bullish as long as our stochastic is not overbought  

 

R = +++;          S = MD (1253.8)

 

Conclusion: long in gold and nothing else.