mario conti investor presentation february 2015
TRANSCRIPT
Mario D. Conti - Credentials
Authorised Representative of MARIGOLD FALCONER INTERNATIONAL
Previously: Bank of America Merrill Lynch and Credit Agricole Indosuez.
- Ex Board Director of ATAA- Newsletter: FxTutors.com.au- 9 Investment Clubs - Australia- 3300 people on LinkedIn
Technical Analysts of Financial Markets since 1989. Mentor Programs :Elliott Wave Analysis.
Disclaimer
• This information is for education purposes only. Although qualified RG146 and ADA1 and registered as Auth Rep from Marigold Falconer International the speaker does not provide investment advise during his presentations.
• This information does not constitute investment advice but only a general market commentary. What you do with this information is at your own risk and responsibility.
• The speaker shares his trading decisions but none of his conclusion can be taken as a trading or investment advice.
• Mario D. Conti & Marigold Falconer International don’t accept liabilities for any loss or damage including, without limitation, any loss or profit which may arise directly or indirectly from our comments and analysis.
• Before using this FREE educational information you must review it and assess it with due diligence and by means of your personal judgement and with the help of your Licensed Broker, Investment Adviser or Financial Planner.
The Upcoming New
Course of Gold &
Silver
By Mario D. Conti
www.FxTutors.com.au
2015: the new dawn for precious metals
Gold and Silver have entered the final stage of a long distribution pattern that is leading to a new historical low.
Although it’s believed that Gold & Silver run almost in synch, the new low might not occur simultaneously.
There was a discrepancy of about 6 months in reaching the highest highs.
2015: upcoming historical lows
A similar pattern seems to emerge for the upcoming historical low.
HIGHS
Silver topped at $49.78 on April 25, 2011 whilst Gold did it on Sep 6 at $1920.70.
LOWS
Silver appeared to have bottomed already at $14.42 whilst Gold might resume soon its way down to establish a new low.
Silver: Monthly Chart
Gold: Monthly Chart
Gold versus Silver
WHAT AFTER THE NEW LOWS?
TARGETS
SILVER (now at $17.31) seems to be aiming to level $20 already, which will be followed by a retracement and another rally to $25-26.
GOLD might reach a new historical low around $1090 or even the area $1032-1043 .
Then a new major rally should follow to the area $1426-1444 and also the area $1530-1550.
If it breaks the resistance around 1560 it could go through the roof.
Silver: Weekly Chart
Gold: Weekly Chart
TIME’S RUNNING OUT
GOLD & SILVER have pointed South for over 3 years and are hovering around a new historical low that might not be broken.
The rally that should follow is a unique opportunity not to be missed.
For those investors and mining companies that have not yet met the time is running out.
Traders are about to experience exciting moments
