Technical Analysis Market Road Maps | HPTZ Methodology COMMODITIES GOLD CHARTS Gold LT Monthly Gold Weekly Gold Daily Gold Weekly TL’s Gold Daily TL’s UPDATE Gold Long Term Monthly Gold Weekly Gold Daily Gold Projections
Technical Analysis Market Road Maps | HPTZ Methodology COMMODITIESOIL Charts OIL Monthly Oil Weekly Oil Daily Oil Weekly TL’s Oil Daily TL’s New Charts for our technical update: potential moves (projections), HPTZ’s, and technical trigger levels. Oil Monthly Long Term Monthly perspective: Large wedge pattern; lift since 2015 potential channel. OIl Weekly Weekly perspective shows […]
Weekly View Currently watching 2 long term weekly patterns: a potential channel from 2015, drawn from the highs and lows shown on the chart; and an expanding wedge that has held the more or less sideways movement since May 2016. The market sits at channel resistance, breaking up above this could mean the expanding wedge […]
Long Term Weekly Perspective The longer term view of silver shows the market at significant technicals. Starting from the bottom left of the chart, a bright blue trend support can be seen holding the market for a number of years (2003-2009): the current market is now back at this trend s/r, and bouncing from it […]
Longer Term Monthly Last update we had suggested 1360 as the next higher target level to watch. ” Just above the market we can see a convergence of ma’s and BB’s coming together at a blue s/r: this is around the $1360.00 and would be the next significant up target level to look towards.” Our first […]
The weekly perspective shows oil in a slightly contracting wedge since about this time last year. Note the orange highlighted lift that precedes the wedge/consolidation, there is potential to see this again when the market completes its sideways move. 2 dashed orange arrows from the current market location project this possibility: the angle and distance […]
WEEKLY: The market may be in a large channel that started in 2015 (blue). I say “may” because if the market were to drop further from here, the bottom support of the channel would no longer be parallel to the top. However, IF it does hold as a channel then we could be looking at […]
Gold long term monthly view: The market sits at an interesting confluence of technicals, all significant, and how they break or hold could show us the next move. At the current market location we can see gold just coming up to a purple long term monthly target. Around this area we can see: (1) purple […]
WEEKLY Potential ellipse pattern doesn’t hold and the market has continued to move sideways. AT this time the pattern appears to be a continuation with a likely break UP. The lift that can be seen from the very low to start of the current sideways consolidation (May?) could be repeated. IF this occurs then we […]
Weekly Recent sell off is coming up to significant technicals – watching for reactions. IF supports fail the larger pattern(s) suggest we could see silver drop back as low as $13.60 before support is found again. Support and a lift out of the downward sloping expanding wedge is needed to consider a trend reversal. […]