John Townsend

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Articles by John Townsend:

  • Fibonacci Gold

    This article will examine the current up leg in gold price that originated in October 2008, present a study of the Fibonacci relationships of this price movement that are...

  • As Silver Continues to Soar, This Miner Is Just Beginning Its Monumental Move

    Silver is presently making its fifth parabolic appearance of this secular bull market for precious metals.

  • An Exquisite Recipe (for a Price Disaster)

    I was chatting on the phone earlier this weekend with one of my readers about the shocking drop in the price of gold earlier this past week. We...

  • How HIGH Could Silver Go in December?

    There is no other way to describe silver's price movement of the past 13 weeks other than to call it parabolic.....

  • SP-500, GLD and GDX – Sentiment Trumps Everything

    Markets rise when the preponderance of participants are buyers, and fall when the preponderance of participants are sellers. One of the key ways to anticipate the pendulum swings of...

  • GOLD – How Low? $1,181 or $1,165, Maybe?

    * Gold managed to hold this week with a low higher than last week’s low.  However, GLD did not.  Sooooo…. with that bit of ambiguity, I’ve got to think...

  • SP-500, GLD and GDX – Down More or Now Up?

    Its mid afternoon Tuesday and the markets are selling off – still.  It seems like it will never end.  Big red candles on every chart I look.  The VIX,...

  • GLD, GDX and SLV: Does November 2009 Repeat in July 2010?

    Last week I offered some analysis using the True Strength Index indicator on the daily and hourly charts of GLD, GDX and GDXJ.  This week I would like to...

  • GLD, GDX and GDXJ True Strength Index Momentum

    The True Strength Index is a low lag-time momentum indicator that can be used at www.FreeStockCharts.com.  Generally, it is bullish when the indicator is above ZERO and bearish when...

  • Some Mining Stocks

    Analysis Using the True Strength Index Indicator