{"id":11186,"date":"2014-10-23T02:51:06","date_gmt":"2014-10-23T06:51:06","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=11186"},"modified":"2014-10-23T02:51:06","modified_gmt":"2014-10-23T06:51:06","slug":"gold-bugs-and-silver-warn-of-further-weakness","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2014\/10\/23\/gold-bugs-and-silver-warn-of-further-weakness\/","title":{"rendered":"Gold Bugs and Silver warn of further weakness"},"content":{"rendered":"

Low interest rates strengthen demand for gold as they reduce the carrying cost. A rising dollar, however, would reduce demand.<\/p>\n

Gold encountered stubborn resistance at $1250\/ounce. Respect would confirm the primary down-trend. Another 13-week Twiggs Momentum peak below zero would strengthen the signal. Breach of primary support at $1180 would offer a long-term target of $1000*. Recovery above $1250 is unlikely, but would test the descending trendline around $1300.<\/p>\n

\"Spot<\/p>\n

* Target calculation: 1200 – ( 1400 – 1200 ) = 1000<\/p>\n

Gold Bugs Index, representing un-hedged gold stocks, broke long-term support at 190, signaling another primary decline. Gold is likely to follow.<\/p>\n

\"Gold<\/p>\n

Silver failed to rally in concert with gold, instead consolidating in a narrow range which suggests further weakness. Another bearish sign for gold.<\/p>\n

\"Silver\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Low interest rates strengthen demand for gold as they reduce the carrying cost. A rising dollar, however, would reduce demand. Gold encountered stubborn resistance at $1250\/ounce. Respect would confirm the primary down-trend. Another 13-week Twiggs Momentum peak below zero would strengthen the signal. Breach of primary support at $1180 would offer a long-term target of … <\/p>\n

Continue reading “Gold Bugs and Silver warn of further weakness”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9],"tags":[1580,3204,3206],"class_list":["post-11186","post","type-post","status-publish","format-standard","hentry","category-gold-precious-metals","tag-gold-bugs-index","tag-spot-gold","tag-spot-silver"],"yoast_head":"\nGold Bugs and Silver warn of further weakness - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gold Bugs and Silver warn of further weakness - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Low interest rates strengthen demand for gold as they reduce the carrying cost. A rising dollar, however, would reduce demand. Gold encountered stubborn resistance at $1250\/ounce. Respect would confirm the primary down-trend. Another 13-week Twiggs Momentum peak below zero would strengthen the signal. 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Respect of resistance at $1250 would confirm this. And breach of primary support at $1180 would offer a long-term target of $1000*. * Target calculation: 1200 - ( 1400\u2026","rel":"","context":"In "Gold & Precious Metals"","block_context":{"text":"Gold & Precious Metals","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/gold-precious-metals\/"},"img":{"alt_text":"Spot Gold","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-10-16-gold.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-10-16-gold.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-10-16-gold.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":11230,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/10\/30\/gold-further-falls-likely\/","url_meta":{"origin":11186,"position":1},"title":"Gold – further falls likely","author":"ColinTwiggs","date":"October 30, 2014","format":false,"excerpt":"Low interest rates increase demand for gold by lowering the carrying cost. A rising dollar, however, has the opposite effect. Gold respected resistance at $1250\/ounce, confirming the primary down-trend. Another 13-week Twiggs Momentum peak below zero strengthens the signal. Breach of primary support at $1180 would offer a long-term target\u2026","rel":"","context":"In "Gold & Precious Metals"","block_context":{"text":"Gold & Precious Metals","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/gold-precious-metals\/"},"img":{"alt_text":"Spot Gold","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-10-30-gold.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-10-30-gold.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-10-30-gold.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":10802,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/09\/03\/gold-declines-as-the-dollar-rises\/","url_meta":{"origin":11186,"position":2},"title":"Gold Declines as the Dollar rises","author":"ColinTwiggs","date":"September 3, 2014","format":false,"excerpt":"A rising dollar, falling crude prices and low inflation all favor a down-trend for gold, while falling long-term interest rates are the only alleviating factor at present. Gold broke support at $1280, indicating another test of primary support at $1200\/ounce. Declining 13-week Twiggs Momentum below zero suggests a primary down-trend.\u2026","rel":"","context":"In "Fixed Income"","block_context":{"text":"Fixed Income","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/fixed-income\/"},"img":{"alt_text":"Spot Gold","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-09-03-gold.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-09-03-gold.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-09-03-gold.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":9150,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/02\/06\/gold-and-silver-bottom\/","url_meta":{"origin":11186,"position":3},"title":"Gold and silver bottom?","author":"ColinTwiggs","date":"February 6, 2014","format":false,"excerpt":"The Gold Bugs Index broke its descending trendline on the weekly chart and shows a bullish divergence on 13-week Twiggs Momentum. Both suggest reversal to a primary up-trend, but first we are likely to see a re-test of support at 190. Respect of 190 followed by recovery above the recent\u2026","rel":"","context":"In "Gold & Precious Metals"","block_context":{"text":"Gold & Precious Metals","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/gold-precious-metals\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8805,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/11\/27\/gold-1200-next\/","url_meta":{"origin":11186,"position":4},"title":"Gold: $1200 next?","author":"ColinTwiggs","date":"November 27, 2013","format":false,"excerpt":"Spot gold consolidating in a narrow band below support at $1250\/ounce suggests a test of $1200. The 63-day Twiggs Momentum peak below zero strengthens the signal. Breakout below the June low ($1200) would confirm a primary down-trend. Recovery above $1260 is unlikely, but would indicate a rally to $1350. *\u2026","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/commodities-gold-commodities\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8823,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/04\/gold-support-at-1200\/","url_meta":{"origin":11186,"position":5},"title":"Gold support at $1200","author":"ColinTwiggs","date":"December 4, 2013","format":false,"excerpt":"Gold The long tail on this week's candle reflects buying support for spot gold at $1200\/ounce. Recovery above $1250 would suggest another rally to $1350. But the 63-day Twiggs Momentum peak below zero warns of a down-trend. And breach of primary support at $1200 would confirm. * Target calculation: 1250\u2026","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/commodities-gold-commodities\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/11186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=11186"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/11186\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=11186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=11186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=11186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}