Rashad Hajiyev
@hajiyev_rashad
Active investment management, analysis of financial markets as well as independent research. Posts are not investment advice!
I believe, silver's coming parabolic move is going to be a shocker for most...
Also we need to keep in mind FOMC next week on July 30th. With almost all markets pumping up, rate cut could lead to a much faster run in many of the financial assets, particularly precious metals...
Given the price action in precious metals vs miners, smart money is likely piling into miners. Big move up in miners is highly likely next week…
A very good sign. As gold is down over 1%, gold miners GDX is up 0.3%. Something good is going to happen next week...
For the past 3.5-months gold is trading around $3,350. The longer the base, higher in the space. If gold stays here for a little longer, I might increase my upside target to $4k plus…
After 3-day nearly $100 grind lower, I think, gold is ready to rip higher today along with miners…
I believe silver is poised to go higher and higher. The FOMO has not really started yet...
Gold lost from its most recent top 2.5% while silver, which is more volatile shred only 1.4%. Silver is more resilient past few days - more investor interest...
Gold is just trying to confuse investors. Making a false breakout and then grinding lower. I think legitimate breakout is imminent and the matter of day...
BS price action in precious metals and miners yesterday and today…
It looks like gold to silver ratio is getting ready for another major DUMP, which should nicely PUMP silver...
Clearly silver broke out from a 5-month rising wedge formation. Silver could spend a few more days around $39 level before starting the advance. My immediate target for silver is $44 mark, which is 13% from present price level...
This is what I expect gold to do next. Unconvincing breakout designed to lure investors, which immediately translates into a false breakout and legitimate breakout next. I expect a slow grind towards end of July first and then parabolic rally towards second half of August. I,…
Cleansing continued overnight in precious metals. Was needed…
Following 2-day 6.5% rally in senior silver miners SIL, I am fine with 0.7% correction today. Big up days and small down days. I think tomorrow SIL could add another 3%...
Gold is down 1.2%, but senior gold miners GDX lost under 1% so far. I can take it. Gold needed to sell-off, miners need to hold...
Gold 5-hour chart. A small false breakout before major rally. I believe, it is going to turn out to be the same pattern. Surely would have been great if pullback happened before stock market opening...
Here we go, gold dips under $3,400 as expected, but it wont remain here for too long...
I have to say that silver miners need reset in sentiment. Kind of resisting to rally. Even with silver up today 0.5%, silver miners SIL is presently trading flat on a day. Does not make sense. Let’s see how day ends…