Peter Brandt’s Public Blog – Page 15 – Peter Brandt

Gold Resistance

February 21, 2018/by Peter Brandt

Gold’s massive H&S bottom continues to develop, but overhead resistance could be stiff. The technical significance of the resistance in the 1350 to 1390 zone in Gold cannot be over- stated. This zone has contained rallies in Gold on five occasions (including the current rally), as shown on the weekly chart.

US 10-Yr

February 12, 2018/by Peter Brandt

I have commented in recent Factor updates on the completed 6+ year double top on the monthly chart. I was not going to make the same mistake this week.

Asia Breakouts

January 23, 2018/by Peter Brandt

The iShares China Index Fund has completed a 10-year massive symmetrical triangle on the monthly graph. By clearing the 2015 high this ETF has an upside target of 71.74. I will buy any slight reaction in this ETF, risking to 44.77.

Aussie Aussie Aussie Dollar

January 8, 2018/by Peter Brandt

There are reasons to believe the Aussie Dollar has entered a prolonged bullish trend. The period from the Jan 2016 low to present is analogous to the period from Mar 2001 through Jan 2003. An idealized drawing of this pattern – called a “Horn” by Schabacker – is shown within the box on the top chart. [See Schabacker, Study VII.]

2018 Gold Outlook

January 2, 2018/by Peter Brandt

I believe there is a good chance that the precious metals will be an outstanding asset class in 2018 – Gold could outperform Bitcoin in the year ahead.