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Gary Savage

  • Analysis & Opinion

Gary Savage's Opinion & Analysis
A complete archive of Gary Savage's articles, including current analysis & opinion - Page 8

Gold has closed below its intermediate uptrend line. This is the first confirmation that a larger intermediate degree decline has begun.
Gold’s intermediate cycle low is still 6 to 8 weeks away. Trader sentiment, technical conditions and price targets for both gold and miners are discussed.
Trend changes are currently unfolding in the direction of the dollar, gold and miners.
Trend changes are currently unfolding in the direction of the dollar, gold and miners.
Gold actually broke its bear market trend line last year.
Once the euro cycle tops it will break the trend line. That will also mark the intermediate cycle low in the dollar.
Not only will the bear market in the dollar drive a new bull market in gold, it will also drive the bubble phase in stocks which will continue until a parabolic structure forms and then collapses....
Most people are still trying to short stocks and buy metals. I’ll tell you when it’s time to buy miners (via VanEck Vectors Gold Miners (NYSE:GDX) and VanEck Vectors Junior Gold Miners...
I predict it’s going to be a boring summer for stocks. Price will just churn sideways for the next 2-3 months, allowing long-term averages time to 'catch up.' Nasdaq Composite
I predict it’s going to be a boring summer for stocks. Price will just churn sideways for the next 2-3 months and allow the long term averages time to “catch up”.