{"id":7470,"date":"2013-04-12T17:43:04","date_gmt":"2013-04-12T21:43:04","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=7470"},"modified":"2013-04-12T17:43:04","modified_gmt":"2013-04-12T21:43:04","slug":"gold-breaks-1500ounce","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/12\/gold-breaks-1500ounce\/","title":{"rendered":"Gold breaks $1500\/ounce"},"content":{"rendered":"<p>Gold fell rapidly on Friday, breaking below support at $1550 and closing below $1500 to signal a primary down-trend. I have revised the target for the down-swing to $1300*, which is roughly a 30% pull-back from its 2011 peak at $1900. The strong warning from 13-week Twiggs Momentum has been confirmed. Recovery above $1550 is most unlikely, but would warn of a bear trap.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" alt=\"Spot Gold\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-04-12-gold-m.png?w=525&#038;ssl=1\" \/><\/p>\n<p class=\"target\">* Target calculation: 1550 &#8211; ( 1800 &#8211; 1550 ) = 1300<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold fell rapidly on Friday, breaking below support at $1550 and closing below $1500 to signal a primary down-trend. I have revised the target for the down-swing to $1300*, which is roughly a 30% pull-back from its 2011 peak at $1900. The strong warning from 13-week Twiggs Momentum has been confirmed. Recovery above $1550 is &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/12\/gold-breaks-1500ounce\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Gold breaks $1500\/ounce&#8221;<\/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":[3204],"class_list":["post-7470","post","type-post","status-publish","format-standard","hentry","category-gold-precious-metals","tag-spot-gold"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Gold breaks $1500\/ounce - 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 breaks $1500\/ounce - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Gold fell rapidly on Friday, breaking below support at $1550 and closing below $1500 to signal a primary down-trend. I have revised the target for the down-swing to $1300*, which is roughly a 30% pull-back from its 2011 peak at $1900. The strong warning from 13-week Twiggs Momentum has been confirmed. 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I have revised the target for the down-swing to $1300*, which is roughly a 30% pull-back from its 2011 peak at $1900. The strong warning from 13-week Twiggs Momentum has been confirmed. Recovery above $1550 is &hellip; Continue reading \"Gold breaks $1500\/ounce\"","og_url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/12\/gold-breaks-1500ounce\/","og_site_name":"the patient investor","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=61572934660810","article_published_time":"2013-04-12T21:43:04+00:00","og_image":[{"url":"http:\/\/static.incrediblecharts.com\/images\/2013\/2013-04-12-gold-m.png","type":"","width":"","height":""}],"author":"ColinTwiggs","twitter_card":"summary_large_image","twitter_misc":{"Written by":"ColinTwiggs"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/12\/gold-breaks-1500ounce\/#article","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/12\/gold-breaks-1500ounce\/"},"author":{"name":"ColinTwiggs","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5"},"headline":"Gold breaks $1500\/ounce","datePublished":"2013-04-12T21:43:04+00:00","mainEntityOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/12\/gold-breaks-1500ounce\/"},"wordCount":64,"commentCount":3,"publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/12\/gold-breaks-1500ounce\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2013\/2013-04-12-gold-m.png","keywords":["Spot Gold"],"articleSection":["Gold &amp; Precious Metals"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/12\/gold-breaks-1500ounce\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/12\/gold-breaks-1500ounce\/","url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/12\/gold-breaks-1500ounce\/","name":"Gold breaks $1500\/ounce - the patient investor","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/12\/gold-breaks-1500ounce\/#primaryimage"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/12\/gold-breaks-1500ounce\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2013\/2013-04-12-gold-m.png","datePublished":"2013-04-12T21:43:04+00:00","breadcrumb":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/12\/gold-breaks-1500ounce\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/12\/gold-breaks-1500ounce\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/12\/gold-breaks-1500ounce\/#primaryimage","url":"https:\/\/www.incrediblecharts.com\/images\/2013\/2013-04-12-gold-m.png","contentUrl":"https:\/\/www.incrediblecharts.com\/images\/2013\/2013-04-12-gold-m.png"},{"@type":"BreadcrumbList","@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/12\/gold-breaks-1500ounce\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thepatientinvestor.com\/"},{"@type":"ListItem","position":2,"name":"Gold breaks $1500\/ounce"}]},{"@type":"WebSite","@id":"https:\/\/thepatientinvestor.com\/#website","url":"https:\/\/thepatientinvestor.com\/","name":"The Patient Investor","description":"Smart. 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Gold bugs seem to think so, with the spot price blasting through resistance at $1300\/ounce. Retracement that respects the new support level would confirm a target of $1550*. * Target calculation: 1300 +\u2026","rel":"","context":"In &quot;Gold &amp; Precious Metals&quot;","block_context":{"text":"Gold &amp; Precious Metals","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/gold-precious-metals\/"},"img":{"alt_text":"Gold","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2016\/2016-06-24-gold.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2016\/2016-06-24-gold.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2016\/2016-06-24-gold.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":13300,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/13\/gold-flags-further-gains\/","url_meta":{"origin":7470,"position":1},"title":"Gold flags further gains","author":"ColinTwiggs","date":"May 13, 2016","format":false,"excerpt":"Not quite a classic cup and handle pattern, but gold's 2-week flag after a broad saucer through March-April suggests strong buyer interest. Breakout above $1280 would signal a fresh advance. Follow-through above $1300 would confirm, offering a long-term target of 1550 (the lows of Sep\/Dec 2011 and May 2012). *\u2026","rel":"","context":"In &quot;Gold &amp; Precious Metals&quot;","block_context":{"text":"Gold &amp; Precious Metals","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/gold-precious-metals\/"},"img":{"alt_text":"Gold","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2016\/2016-05-14-gold.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2016\/2016-05-14-gold.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2016\/2016-05-14-gold.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":4614,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/06\/14\/dollar-gold-crude-oil-and-commodities\/","url_meta":{"origin":7470,"position":2},"title":"Dollar, gold, crude oil and commodities","author":"Colin Twiggs","date":"June 14, 2012","format":false,"excerpt":"The Dollar Index is retracing to test support at 81.50. Respect would confirm the primary up-trend, offering a long-term target of the 2010 high at 89. 63-Day Twiggs Momentum oscillating above zero indicates a healthy up-trend. Spot Gold is rallying to test resistance around $1650\/ounce -- at the descending trendline\u2026","rel":"","context":"In &quot;Gold &amp; Commodities&quot;","block_context":{"text":"Gold &amp; Commodities","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13592,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/07\/20\/gold-the-yuan-donald-trump\/","url_meta":{"origin":7470,"position":3},"title":"Gold, the Yuan &#038; Donald Trump","author":"ColinTwiggs","date":"July 20, 2016","format":false,"excerpt":"China's Yuan continues its slide against the Dollar, with USDCNY testing resistance at 6.70. The current retracement is likely to respect support at 6.60, offering a target of 6.80*. * Target calculation: 6.70 + ( 6.70 - 6.60 ) = 6.80 A depreciating Yuan is likely to drive demand for\u2026","rel":"","context":"In &quot;Forex&quot;","block_context":{"text":"Forex","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4023,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/04\/gold-falls-as-the-dollar-rallies\/","url_meta":{"origin":7470,"position":4},"title":"Gold falls as the dollar rallies","author":"Colin Twiggs","date":"April 4, 2012","format":false,"excerpt":"The Dollar Index rallied to test resistance at 80.00. Breakout would indicate respect of the rising trendline and another primary advance. Recovery above 82 would confirm the target of 86*. Respect of the zero line by 63-day Twiggs Momentum would also strengthen the signal. * Target calculation: 82 + (\u2026","rel":"","context":"In &quot;Gold &amp; Commodities&quot;","block_context":{"text":"Gold &amp; Commodities","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13479,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/06\/23\/gold-should-i-brexit\/","url_meta":{"origin":7470,"position":5},"title":"Gold: Should I BREXIT?","author":"ColinTwiggs","date":"June 23, 2016","format":false,"excerpt":"Odds of a BREXIT are drifting at the bookmakers, with REMAIN a firm 1 to 4 favorite. Fears of a BREXIT have been driving demand for gold and a REMAIN vote is likely to spur a sell-off. * Target calculation: 1300 + ( 1300 - 1050 ) = 1550 Breakout\u2026","rel":"","context":"In &quot;Gold &amp; Precious Metals&quot;","block_context":{"text":"Gold &amp; Precious Metals","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/gold-precious-metals\/"},"img":{"alt_text":"Gold","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2016\/2016-06-23-gold.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2016\/2016-06-23-gold.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2016\/2016-06-23-gold.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/7470","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=7470"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/7470\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=7470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=7470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=7470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}