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Gold Update – 06/15/26
This website prior blog had noted Gold in U.S. dollars could reach Fibonacci resistance at 4,363.52. Today 06/15/26 Gold’s high was 4,369.48. The four – hour Gold chart courtesy of Trading View updates the action. When using Fibonacci analysis two or more Fibonacci coordinates increase the chances of a potential support/resistance zone. The 06/14/26 blog…
Could Gold be in the Middle of a Bear Market?
From late 2025 to early 2026 both Gold and Silver were in spectacular bull markets. From October 2025 to January 2026 Gold climbed 44.5%, Silver climbed 168.7%! The 02/01/26 blog “Silver Crash – January 2026” noted that silver probably made a bull market peak on 01/29/26. Gold peaked on the same day. Since then, both…
Crude Oil Trendline Watch – June 2026
The 04/18/26 blog “Collapsing Crude Oil? – April 2026” illustrated the bullish and bearish scenarios for Crude Oil. Since then, Crude Oil has trended sideways. Weekly momentum implies a multi-month downtrend may have begun. The weekly Crude Oil (CL2!) chart courtesy of Trading View shows the long-term picture. Weekly MACD has a bearish line cross.…
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