The following reads like a symphony with numerous harmonics. We have run countless analysis that came up with a host of different parameters and that in summation all seem to tell the same story.
Let's see whether all these reflections can make a whole picture.
Let's start with our Options work. We clearly see that we are in a topping pattern for Gold and for Silver. Previous pattern hint at the possibility of neg. Div's in the making. All would hint at a top in the foreseeable future. (We are not talking here about long term Tops, we look at tradeable medium term one)



Silver: Top in Aug, Low in Sep
GOLD: Top in Aug, Low in Sep
GOLD/SILVER RATIO: Top in Aug, Low in Sep
GOLD in EUROS: Top in Aug, Low in Sep
REAL GOLD (Gold measured by a Commodity Basket/ trades inverse to the RISK TRADE) : Top in Aug, Low in Sep
Conclusion:





Expect some hot action in GOLD and SILVER over the next 2 weeks and then put in some tight stop loss orders to pause the Precious Metals trade into September to get in position for the yearend rally.
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