Massive Breakout In The Gold Market As Mining Stocks Preparing To Blastoff

We have just seen a massive breakout in the gold market as mining stocks are preparing to blastoff!

Big Picture For Gold
February 1 (King World News) – Graddhy out of Sweden:  And there we have it, as expected this month, the monthly breakout plus close above the most obvious single-line resistance (dotted black) for the resistance zone from 2011-12. The three blue lines were vital, and so was this one. Gorgeous TA from gold, once again.

ALERT: Massive Breakout In The Gold Market

Mining Stocks vs Gold
Miners have not outperformed metals lately. We hear guesses why but if we examine the charts, we have the correct answer. After BO (Break Out) of my blue falling wedge, this ratio needed to consolidate and formed a 6 months perfect blue triangle, while backtesting purple DB (Double Bottom).

GDX MINERS vs GOLD: Mining Stocks
Getting Ready To Blastoff

KWN has now released a great interview where Bill Fleckenstein discusses what to expect in the gold market, the stock market, bond market, commodities and much more and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.

Roadmap For This Year’s Financial Collapse
ALSO RELEASED: Alasdair Macleod – Roadmap For This Year’s Financial Collapse CLICK HERE TO READ.

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