Below info has been posted in a new chart thread to move...

Below info has been posted in a new chart thread to move discussion regarding T/A charts into appropriate thread but have posted here such that people subscribed or reading these threads can continue convo over there relating to technicals.

A break of 14c would be very good technically.



Coincides with a Fibonacci fairly well.
MACD is bullish trend and increasing.
Stochastics still good and on the rise
RSI bullish and still plenty in it.

Would see the overhead resistance around 17c. That's the 61.8c which is a key point in the fib world. Extension of breakout is 29c.

Interestingly the bottom GBZ hit is the 61.8 retrace from highs. Shown below.
Still learning the old elliot wave theory but would this classify @W3hunter



On the longest term view, which IMO is great for fundamental long entries in major commodity cycles.



Stochastics turn and RSI turn.
Thrown a big green heiken and this typically bodes quite well.

IMHO perhaps not you're get rich quick but a monthly run is the set and forget type.
the USD/gold chart looks similar in terms of indicators. I'm bullish gold next couple year and the charts there seem to reflect similar.

SF2TH