Author Archives: pmontesdeoca

Metals, Minis, And Oil – Plus Wheat And Soybeans

 

 

Summary

We are looking for buy gold signals to be activated above the B1 level of $1242.

The silver market came down to $15.70 at about 5 a.m., almost activating the B2 level of the VC PMI, which has a 95% probability of a reversion if activated.

The E-Mini S&P market high today was 2807.25, very close to the S1 level, which for all intents and purpose it met the criteria for activating a short signal there.

The report below is based on the July 13, 2018, Variable Changing Price Momentum Indicator ((VC PMI)) early bird update.

Gold

Read more here.

Gold, Silver, And So Much More

 

 

Summary

For silver and gold, wait for some dips to go long.

The VC PMI is neutral to bearish on crude oil.

Soybeans should come down over the next few weeks, offering a buying opportunity.

Although I usually write about the precious metals markets, we regularly apply the Equity Management Academy’s (EMA) proprietary Variable Changing Price Momentum Indicator (VC PMI) to dozens of financial and commodity markets. The artificial intelligence algorithm was developed by Patrick MontesDeOca, CEO and founder of the EMA. He has more than 30 years of trading experience and developed the VC PMI to take advantage of the relative volatility of a given market. Today I thought I would provide some information on gold and silver, but also several other markets we regularly analyze using the VC PMI to give a sense of its universal applicability to markets.

The report below is based on the EMA’s new VC PMI Early Bird Update from Monday, July 9, which is a new confidential market update for long-term EMA subscribers.

Read more click here,,,

Signs Of Inflation, Except In Gold And Silver?

 

Summary

When we look at the DXY, the US Dollar Index, cash bar chart, we can clearly see that the US dollar is building what appears to be a bearish chart.

We have begun to see the gold/silver ratio decline from the 81-82 levels or higher, and it is beginning to confirm that the silver market is about ready to go.

The CRB index is picking up, so it’s only a question of time before we see demand once again ignite the silver market.

To read more click HERE

Philadelphia Gold And Silver Index Sees Bullish Breakout

 

 

Summary

Breaking above 85.97 would continue to validate the acceleration process taking place toward the target zone of 92 for the PHLX index.

Last week, the gold market closing at $1291, it opened at $1290 and came down last week to make a low of $1281.20, almost activating the $1280 Buy levels.

A rising CRB and rising interest rates, which could significantly impact sovereign debt payments, should be good for gold and silver prices.

To read more click HERE

Gold Is Ready For Takeoff

 

 

Summary

Our analysis shows that the dollar is potentially beginning to confirm that we have made some sort of a short-term to intermediate top.

I am doing this special report because the VC PMI strongly suggests that we are at a significant turning point for the dollar and precious metals.

Gold has been trading in the $1300 to $1310 area for the past few weeks, and has established a major reversal to the upside on close above 1325.

US Dollar: Short-Term Top

In this intra-week special report update I want to review the US dollar, which is currently trading at 92.59, down 20 or 30 points. Our analysis shows that the dollar is potentially beginning to confirm that we have made some sort of a short-term top. In previous articles on Seeking Alpha, I have argued that the US dollar has been in a major down trend, as you can see from the long-term charts dating back to 1971. More recently,

To read more click HERE

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