CHARTS AND COMMENTS

Precious Metals into September

The chart below is outlining the monthly development for Precious Metals. Gold, Sliver and Platinum are equally weighted and each bar is showing one month of trading activity.

According to the chart, there is now an inside bar on a monthly scale. There is a lower high and a higher low signalling some sort of pause to the last months weakness. Going into the fall, an upcoming stronger move is to be expected from a technical perspective.

From July's close to the top of the latest bar there is + 9.7%. Until metals is trading above this level, the downtrend is continuing for the longer term.


Metals into July 2022

This graph below is showing Gold, Silver and Platinum prices equally weighted on a monthly scale. Each bar counting one month of trading activity.

June consolidated (sideways to lower) after May weakness, creating an outside Red bar making upcoming direction unclear for now. Trading above (or below) June highs (low) will trigger further direction for precious metals.

 


Metals into June 2022

There is weakness in the metals space on a monthly scale. This is following the seasonality patterns for now. The chart below is consisting of Gold, Silver and Platinum equally weighted.

As markets are soon entering the summer, the monthly chart is showing a new lower low with a lower high. According to the chart above, Metals as a whole must soar + 7.5% or more from June entry, in order to potentially change the current weak picture. 


Metals into April

Gold, Silver and Platinum are equally weighted in the graph below. It should represent where metal markets are currently trading.

The monthly performance is showing a Blue bar indicating strength rather than weakness for Metals.


Metals for March 2022

This graph is showing Metals (Gold, Silver and Platinum) equally weighted. Each bar is one month of trading activity.

According to the pic above, metal-prices are stronger. This is represented through the latest Blue bar. The latest monthly bar is showing a higher high and a higher low. The development is a positive for higher prices to come.

As long as these bars continues to stay Blue, the metal-markets will all toghether trend higher. 


Metals markets - 5

Gold, Silver and Platinum have been quite strong the last 5 weeks.

The weekly chart above is showing strength for the precious metals over the last 5 weeks, but we could also say the last 9 weeks. Seasonality points to a turn down in week number 8 (to last about a month), so do not be suprised if metals stalls and take a breather for some time. Technical indicators do also favour a pause and you never know.

Technical indicators may at times stay in overbought and oversold conditions for much longer than you could imagine. As long as the weekly bars are Blue, markets perfer to buy up the metals.

The chart above is formulated into a diagram equally weighted for Gold, Silver and Platinum to more easily visualize what's going on. Read Disclaimer.


Gold Silver and Platinum in Feb. 2022

Gold, Silver and Platinum are collectivly higher going into February. The chart below gives you the overview of how they are performing all toghether on a monthly scale. Each bar represent one month of trading activity.

The latest monthly bar is coloured in Blue, signalling strength rather than weakness. With its higher high and higher low for January, there is potentially more strength to come in February. This trend would be supported by the traditional seasonality. See the sections of Gold or Silver or Platinum for specifications.


Precious Metals in 2022

This chart below represents seasonality for Gold, Silver and Platinum in 2022.

It is to be read like this:

BLUE PERIOD - ALL STRONG SEASONALITY.

PINK PERIOD - ALL WEAK SEASONALITY.

BLUE HORIZONTAL LINE - HOW FAR INTO THE YEAR MARKETS ARE TRADING.

GOLDEN LINE - SHOWS STRONG PERIODS FOR GOLD.

SILVER LINE - SHOWS STRONG PERIODS FOR SILVER.

DARKEST LINE - SHOWS STRONG PERIODS FOR PLATINUM.

RED LINES - ALL WEAKER PERIODS FOR GOLD, SILVER AND PLATINUM.

 

Gold Silver and Platinum Seasonality 2022

Blue horizontal cursor is updated as of  Thursday February 17th.

The overview above shows you how seasonality (historical performance) have been for the 3 metals. Whenever there is a Blue period all three metals are strong. Whenever there is a Pink period one or more of the metals are weak.

The graph should give a pretty clear picture of when the individual metals could be strong (weak) throughout the year.

History is never any guarantee for the future. Read disclaimer.


Metals failing?

This chart below consists of Gold, Silver and Platinum, and presents the monthly scale where each bar equals one month of trading activity. Weightings of the metals are set equally.

According to the graph, there is little strength and more weakness to the developments for the precious metals sector (for now).  Traditionally, a chart like the one above could see very much lower prices ahead if it breaks down for real. A broader consolidation has built up the last few months...and the latest monthly bar shows a lower low and lower high, - purifying the potential for further weakness to come.

"The only" rescue to see higher prices...is perhaps Seasonality. Historically, January and February are strong months for all three metals. Happy trading in 2022 and stay tuned!

#gold #goldprices #silver #silverprices #platinum #platinumprices #preciousmetals #preciousmetalsprices


The seasonality chart for Metals

The seasonality chart below shows Gold, Silver and Platinum into one graph where you see their respective stronger and weaker seasons in comparison. The vertical periods of Blue and Red are precious metals common strong and weaker periods.

This way it is easier to see what metal starts its seasonal move first and which one is lagging. When all 3 commodities have their respective strong or weak periods collectively is 'when to be' active (not active) in metals.

Chart is not taking 2021 into account.



RSS

I N T R A D A Y . S E

IMG_4240

TO

INTRADAY.SE

instagram

 

SOFT COMMODITIES

What would you trade? (i)




PRECIOUS METALS

What would you trade? (ii)



HOLDING PERIOD

You hold positions for?







TRADING

You mostly trade?




MACRO ECON

You prefer to watch?



GOLD INTRADAY XAU

SILVER INTRADAY XAG

GOLD SILVER RATIO

NASDAQ 100 INTRADAY

DAX INTRADAY

COFFEE ONE YEAR