WinstonWolfe

WinstonWolfe Updated 

Provided the Ukraine crisis doesnt boil over into a hot war, the price of UK natural gas should stabilise. The price of natural gas will still be much higher than in 2020, however it should lead to more reasonable energy prices for the UK, again subject to de-escalation of the Ukraine crisis.

WinstonWolfe

During periods of deep negative real rates gold tends to do very well. The 1970's was a decade which saw big moves in real rates due as the Fed trying to combat the high inflation. The more volatile the moves are in real rates, and the deeper into negative territory real rates go, the better gold performs. We may be entering a similar period where the Fed is...

WinstonWolfe

When the gold/silver ratio breaks down, the evidence is clear. A rally in both metals will occur soon after. Silver benefits much more from this ratio breaking down than gold, however both metals will rally.

WinstonWolfe Updated 

The minor support line which has seen the meteoric rise of the nasdaq since 2020, appears to be close to being broken. The next major support line is some 39% lower than the current nasdaq price. Will it reach this level, possibly not. However owners of stocks in the nasdaq should be wary that this drop could be possible and therefore I would not buy at this...

WinstonWolfe

I got a bit of criticism over not being clear enough in my previous chart. So i have created specifically a Nasdaq index chart which will show my thinking more clearly. The Nasdaq index back at the start of 2000 was the bull market to end bull markets. The innovation of using the internet was a technological revolution and no one saw an end to the bull...

WinstonWolfe

Platinum has completed a backtest on the upward resistance line (now support) of the bearish wedge pattern it has been trapped in for 12 years. A breakout and a retest is incredibly bullish and i'd expect the price to reflect the set up we are seeing by 2023/2024 by reaching old highs.

WinstonWolfe

The GDX, which is an ETF comprised of precious metals mining shares appears to be topping with a head and shoulders pattern when compared to the DOW. Basically when this ratio reduces the GDX becomes more valuable when compared to the DOW Jones Industrial average and broader stock market. This ratio appears to be trapped in the undervalued zone (for the GDX) and...

WinstonWolfe

This is going to lead to a large rally in XLM/USD which could see the price hit old highs of $0.80. I anticipate once it reaches this level, it will likely break higher. Third time is charm.

WinstonWolfe

History says it will. I expect next years rate hike will lead to a rally in PM's and commodities, as it did back in early 2016.

WinstonWolfe Updated 

Based on the arc recovery that has occurred with a 2000% increase from the low of the arc, a greedy target for XLM is $20 by 2024.

WinstonWolfe

The time it took for silver to drop from $50 down to the consolidation phase was 770 days. I predict a similiar amount of time will be required to take the price back to old highs. The rough arc pattern tends to agree and the major and medium support lines are keeping the price in control for now. My expectation as inflation becomes uncontrollable, the silver...

WinstonWolfe

Now they have achieved commercial production and in an environment of rising gold prices, the PUR stock price is looking to breakout of a downward pointing wedge technical pattern. This is a good buying opportunity.

WinstonWolfe

XLM/BTC ratio is either going to break out largely to the upside or remain stubbornly low in the low level megaphone pattern. Large asymmetric trade here, especially if the bitcoin price remains as high as it is.

WinstonWolfe

Just a little chart showing the relative cheapness of gold compared to the DOW Jones Index. Buy Gold when Gold is cheap in relative terms in the green zone. Sell when Gold is expensive in relative terms in the red zone. Simple.

WinstonWolfe

Gold is looking to break out of the consolidation pattern it has been stuck in for the last few months. Once this breakout occurs I would expect a similiar gain and time frame compared to last years bull run. This would equate to a target price of $2500/oz by June 2022, followed by another consolidation period.

WinstonWolfe

Cup and handle pattern with long term upward trend in tact. I see this targetting a share price of 360p if this pattern holds true and a breakout occurs sometime in the next year.

WinstonWolfe

The gold consolidation has been occuring for nearly 6 months and the price been bouncing off the green support line which has formed from the previous 2011 high. There is also a resistance zone which has been created when gold was breaking down lower in 2012. That along with the support line from the recent rally has created a convergence point where I feel the...

WinstonWolfe

Silver is forming a bullish ascending triangle with the potential to break out in the coming days or weeks. It may be possible to get another rejection on the resistance line, but I would imagine as the economies of the world reopen and velocity of money starts to pick up, inflation will drive silver up to old highs this year. Long/hold position is wise at this...