Simon
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smugtrader.bsky.social
Simon
@smugtrader.bsky.social
It's true: Charts help to predict the future ~ “Untethered from Gold, the dollar floats on a sea of hope & guesswork”. Nothing here is financial advice 🇬🇧
Pinned
We are about to launch a new Weekly #Gold Cycle, after a 9-Week consolidation.
#Silver is now at 13 year highs, and is destined to go a lot higher, but don't ignore Gold. Focus on the Weekly charts ;)
Reposted by Simon
Gold's Monthly looks even more exciting over the Short, Medium & Long term than it did in March 2024 😎
January 28, 2025 at 12:17 PM
Reposted by Simon
Thou shalt not start World War 3!

ESPECIALLY when you ran on preventing World War 3.
June 17, 2025 at 6:06 AM
We are about to launch a new Weekly #Gold Cycle, after a 9-Week consolidation.
#Silver is now at 13 year highs, and is destined to go a lot higher, but don't ignore Gold. Focus on the Weekly charts ;)
June 19, 2025 at 1:05 PM
#Platinum (as well as Silver) looks phenomenal here, recently breaking out of a multi-year consolidation box. My service is Long Platinum & Silver:
June 12, 2025 at 5:51 PM
Gold's Monthly looks even more exciting over the Short, Medium & Long term than it did in March 2024 😎
January 28, 2025 at 12:17 PM
Strong Gold, "What About Silver?" & Cycle Secrets:

open.substack.com/pub/sich/p/s...
Strong Gold
But "What About Silver?" & Cycle 'Secrets'.
open.substack.com
August 6, 2024 at 10:06 PM
Reposted by Simon
Check out my new Substack article:
Please retweet/share, and let me know what you think.
Thanks ;)

open.substack.com/pub/sich/p/1...
1st March 2024: The "B" Date.
Gold's Most Significant day in over 12 Years
open.substack.com
July 24, 2024 at 9:19 PM
Check out my new Substack article:
Please retweet/share, and let me know what you think.
Thanks ;)

open.substack.com/pub/sich/p/1...
1st March 2024: The "B" Date.
Gold's Most Significant day in over 12 Years
open.substack.com
July 24, 2024 at 9:19 PM
Silver Roadmap for the rest of the year, taking the sedate path 😎
June 18, 2024 at 10:07 PM
#Silver Sentiment is something I'm monitoring now, 70 is a little higher than I would like at this stage of the Gold Cycle (Gold's reading is a bit lower). I would like a drop over the next week or so. A drop to $26 should cool it, $25 would be ideal. See the high in 2020 👇
April 16, 2024 at 7:20 PM
OK, so now we have a new Gold ATH of 2149.
Yes, very bullish.

However, factor in, I dare you, the fact that we are in... checks notes...13 (!!) days into this new Weekly Cycle.
We are at THE front end of a move that I believe will last approximately 4 months in uptrend.
March 6, 2024 at 3:33 PM
Gold Miners Bullish % Index Versus Gold on the weekly is showing a truly rare contradiction.

Gold weekly Futures at it's Closing All Time High. Yup.

Hopefully you get the message now?
March 3, 2024 at 1:01 PM
SILJ - My favorite ETF out there.
It happens to be Silver Junior Miners, and the sheer HATRED here is palpable. Buy & Hold.
March 3, 2024 at 12:34 PM
The Gold chart that told me to trade without hesitation 👇
March 2, 2024 at 4:05 PM
Thank-you to all my followers, new and past, here.
I will be trying to post more on Bluesky, and often before I post on "other" platforms ;)

Lets all enjoy the ad-free, MUSK-free experience 😎
March 2, 2024 at 3:40 PM
I am Long Gold, and fully invested in Silver Miners, have been for many years. I may add to my miners' investments with a 4-5 year view.
hi Simon, you are long Gold right? Not miners.
March 2, 2024 at 12:28 PM
GOLD - *A very important post regarding Precious Metals*
Yesterday's move did not catch me out - I have been Long Gold from 2045 (29th February). But Friday has made the chart into something that traders & investors should act on.
This could well take us to $2500 & beyond-Just in this weekly cycle.
March 2, 2024 at 10:47 AM
Silver Monthly arc.
The wick is testing support, but still In-Play 👀
February 28, 2024 at 10:51 PM
Gold:
A strong week last week in Gold. However, next week I would be surprised if we don't see weakness.
3 things to mention:
~Bollinger Bands are racing into a pinch. We know what happens when these get rapidly constricted..
~Multi-Week BF being formed.
~About to enter the timing band for an ICL.
February 25, 2024 at 12:50 PM
Gold-Weekly, appears to be forming an uber-bullish multi-week flag formation.

Initial price target of the measured move would be $2275 in June-July, before ICL in August. I'm expecting this to be the start of a multi-month, multi-cycle bullish year of higher highs in Gold😎
February 18, 2024 at 1:23 PM
#Gold:
No changes needed.
We are in the last Daily Cycle in this weekly cycle. I am expecting DC4 low & ICL in the last week Feb/1st wk March. Price could breach the 1940 support or could just test it.
That will be an excellent point for the most serious Long allocations since 2020 😎
February 18, 2024 at 12:44 PM
I very rarely agree with this guys' cycle count, less his general negative bias towards PM's.
No I don't agree with Gold being in DC3, we are most definitely in DC4, and the window of the all important ICL is last week of February - 1st week of March. Excitement starts from then imo.
That makes sense. Can I ask you something? It concerns you as well. I think you've commented on his work. In yesterday's tweet (see below) he (Norvast) anticipates a DCL in DC 3 only. That means DC 4 would bring Gold dramatically lower. How do you see that? Your thoughts are we are in DC 4 already?
February 18, 2024 at 12:27 PM
Certainly not quitting X, but this remains a decent backup, without the BS knee jerks from Elon!
Thanks Simon, are you quitting X? or stay on X as well?
February 18, 2024 at 12:03 AM
Gold: New Daily Chart expectations. As USD now starts it's new IC bounce, expect Gold to drop in to it's DCL. It wont be long before initiating Longs again. Gold Monthly/Weekly/Daily are all extremely constructive charts, forming great foundations for a tremendous 2024😎
December 29, 2023 at 12:16 AM
An important Gold chart showing sentiment over the last 4 years.

Medium term sentiment readings are not elevated at all, at 58 it's a long way from the heights seen in early August 2020, for example.

Far from frothy.
December 20, 2023 at 9:59 AM