Gold over the weekly basis Bollinger band, the ONE level TSM has been pounding the table about, with gold within a few dollars of $4,550 as Martin Armstrong joined the SilverTrade Insider (1:04). It’s go time… right?
Not so fast, says the computer that called the correction: “It still may just be a bounce,” with the durable shift pegged at “probably the first quarter ’27” and a bull run toward 2032 behind it (1:25).
But here’s what Armstrong and the chart AGREE on: the fuel. He traces this entire gold era to the moment the West confiscated Russia’s reserves. “When we confiscated Russia’s reserve assets, that’s what set off the big move in gold” (3:11). And the central banks fighting the aftermath? “They have no tools… they’ve been neutered” (54:03).
Chart says GO. Model says 2027. Monetary backdrop says own it either way. That’s not a contradiction, that’s a market. Full interview below.
From TSM:
Gold is now showing the strength I was calling for.
The basis Bollinger band is the strongest resistance for Gold on the weekly in my opinion, which is why will start seeing such moves now that we’re over:
From Monday:
Gold has officially broken above the basis bollinger band.
I’d expect the weekly close to confirm it, meaning its go time!
