Bullish Signals All Set For Gold (And Silver)

Gold remains undervalued based on technical indicators. There are significant similarities with today’s gold market when compared with that of…

Kevin Wadsworth interviewed on Palisade Radio

Tom welcomes a new guest Kevin Wadsworth. Kevin has an extensive career in weather forecasting, which he has leveraged into technical analysis of markets. Kevin discusses many of the indicators he likes to use, particularly over the long term and the patterns he wants to see. He discusses the sixteen- and eight-year cycles in the gold market and why these patterns exist.

Gold remains quite undervalued based on his technical indicators. There are significant similarities with today’s gold market when compared with that of 2003. He believes we are setting up for a multi-year bull market. Similar indications exist with silver.

He discusses the Energy Fuels chart and why it looks extremely bullish when you consider just how far we have come down from the past market highs.

Bitcoin is also looking increasingly bullish. A clear move above $9800 will be an excellent sign.

Investors should focus on the fundamentals and look for clear lines of support and resistance along with indicators that give clear signals of where we may be heading.

Time Stamp References:
1:50 – Indicators he recommends.
5:30 – Gold 8 and 16 year cycles
8:00 – Gold chart and thoughts.
10:40 – Base and Arc patterns.
16:15 – Stops and trading strategies.
18:00 – Miners and leverage.
20:15 – Silver market thoughts.
24:15 – Dollar slide or rise?
29:05 – Uranium and Energy Fuels.
31:30 – Cryptocurrencies and Bitcoin.