Miners Breaking Out, Buy Gold & Silver Miners NEM, GOLD, FNV, AEM, AUY, SSRM, BTG, WPM, PAAS, Others

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

<ul>
<li>Gold short met 1,730 PT to close and now kissing key support at 1,700 as the long pivot level. WTI's nasty give back needs basing at the key 85/86 support.</li>
<li>Gold 1,700 and WTI 85 are make or break bull/bear lines. Gold RSI bull divergence stands out as the driver amid risk aversion and a safe have bid in bonds.</li>
<li>WTI RSI uber bull divergence shows good energy to retake 93 but is it enough to offset demand destruction/Sept risk. Reserve levels are low and support the bull case.</li>
</ul>


Gold short met 1,730 PT to close and now kissing key support at 1,700 as the long pivot level. WTI's nasty give back needs basing at the key 85/86 support.
Gold 1,700 and WTI 85 are make or break bull/bear lines. Gold RSI bull divergence stands out as the driver amid risk aversion and a safe have bid in bonds.
WTI RSI uber bull divergence shows good energy to retake 93 but is it enough to offset demand destruction/Sept risk. Reserve levels are low and support the bull case.


Gold

Gold Bull/Bear Line and Oil Base Mend