Patrick MontesDeOca | TalkMarkets | Page 7
CEO, Equity Management Academy
The Equity Management Academy was founded based on a belief in the power of education to change lives. After thirty years of trading in markets from New York to Chicago, CEO Patrick MontesDeOca founded the Academy to pass on all he had learned about the financial markets to help traders from ...more

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Silver Is Overbought But 9-Year Cycle Projects $28 Target Levels Near Term
Over the past couple of weeks, we have seen historic moves in the silver market. Silver has been exploding based on the historic pandemic situation.
Gold Fundamentally (And Technically) Heading For $2,000
The US dollar is slumping, US-China relations are worsening over trade, and the pandemic is still crippling the US economy. All of this is fundamentally good for gold and silver.
Silver Is The Canary In The Gold Mine - Friday, July 24
Silver reached an overnight high of $23.67. It completed some major targets. It did not quite reach $23.94, which was the daily Sell 1 level.
Gold: The 9-Year Cycle Projects $1,833-$2,007 Targets
A look at the price of gold over the long term, intermediate- and short-term environment, and some possible harmonic alignments.
Gold: Time To Unload The Truck
The gold market traded last at $1,807.70. It has activated a weekly short trigger at $1,808.00. The weekly short signal that we had for this week has been the level of $1,808.00.
A Time For Consolidation Is At Hand
The fundamentals collapsed in March. The Main Street economy is still dealing with the damage caused by that collapse. More buyers who are staying long in the market are at record numbers, particularly in the silver market.
Gold: Emerging Markets, Next Black Swan
The August COMEX gold on Friday closed up 21.9 or plus 1.27%, and July silver closed up 33 cents or 1.94%. The precious metals prices on Friday rallied to one-week highs.
Gold: $1,800 Handle Coming Up
The market trading last week at the $1,750 level was actually a bull trap. The artificial intelligence said that the area of $1,750 is an area of distribution where sellers would come into the market, which is exactly what happened.
Gold: $1,800 Handle Coming Up
Contrary to the general consensus that the price of gold should explode, it has sat around $1,788 and entered a consolidation phase that lasted until recently when the market came down to this level.
Gold: Time To Load Up The Truck Again - Sunday, June 7
The economy collapsed in March, but has since recovered. There are no benchmarks, given the historic size of the collapse and the speed of the recovery in stocks. These are amazing times for anyone looking at the markets as an opportunity.
Gold: Look Out Below
The monthly trend-momentum of $1,587 is bullish. This is the 9-month moving average.
Gold: A Shift In Paradigm
The Variable Changing Price Momentum Indicator (VC PMI) has shown that gold has been failing to break out above the previous high made on April 14 of about $1,788.
Gold: Entering Predator Territory
The sentiment of the gold market is extremely bullish. Gold is breaking out and people are calling ridiculous numbers of $10,000 and $20,000 an ounce. Most people have no idea what it means economically for gold to be at $10,000 an ounce.
Gold - Sell In May And Go Away
The E-mini S&P 500 is at an area where it is likely to revert back up to the mean, while gold is reaching new highs, and we are in an area where a sell signal is likely.
Gold: Headed Into A New And Virtual Economy
The volatility of the market has allowed us to trade the technical aspects of the market as well as the strong fundamental picture that it is building. It is a perfect storm for the precious metals, especially for gold.
Gold: Planting The Seeds Of Inflation And Food Shortages
The world is looking to take delivery of physical gold, which is more than offsetting attempts to suppress the price of gold via the paper market. When hyperinflation hits, it will happen overnight. Be prepared.
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