120727GoldShedsIt39;sBearishSkin黄金摆脱跌势.docVIP

Gold Sheds Its Bearish Skin 黃金擺脫跌勢 Super Force Signals - A Leading Market Timing ServiceWe Take Every Trade OurselvesMorris HubbarttWeekly Market Update Excerptposted Jul 27, 2012 UUP (US Dollar Proxy) Jig Is Up Chart I have a variety of money flow indicators that indicate buying selling pressure, using both price and volume. For the US dollar, they all indicate that the bullish jig is almost up. Negative candle formations are also warning that a top is forming. Black candles occur after a long advance, and are very bearish. A long shadow candlestick has also appeared. This formation with long upper shadows shows that buyers dominated during the first part of the session, but then heavy selling overwhelmed them. MACD indicates that momentum is fading. Gold and Bond Correlation Chart A moment of truth is approaching for two key markets; the US bond market and gold. The US bond market is overbought. It is perhaps the most over-owned investment, since the tech bubble of 1999. People tend to use the bond as a safe harbor investment, but US government spending is out control, and that debt is probably un-payable. Gold, on the other hand, is oversold and under-respected. My current recommendation is to sell bonds and buy gold. From a technical standpoint, bonds are massively overbought on the weekly chart, just as gold is oversold. In the past, when bonds peaked, gold often started a major new leg upwards. That is exactly what I see coming in the next few weeks. The MACD is now as low as it was in 2008. Note how it is on the verge of turning up on this key weekly chart. My central theme is that a major bottom is being formed, one that will usher in a multi-year price advance. Continue to hold build positions, for maximum performance. Gold Summer Breakout Chart Positive divergences on the technical indicators have been growing for a number of weeks now, and that is an early indicator of a coming price breakout. RSI is marching higher, and MACD is extremel