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Gold Signal: Ascendent Triangle + ABC PatternIn this updates, Gold in H1 timeframe is appears to forming a ascendent triangle, correlated Bitcoin is still bullish, why not gold do as Bitcoin do. Well, we are complete the Elliot WAVE triangle cycle ABCD and we are in formation of E to left do it to the moon!!! Now, that show in H4 timeframe that we are here in formation of accumulation zone to buy Gold, that is a great opportunity to continue buy Gold For now, I still in long with Gold!!! If you like my analysis and idea, I invite you to share my analysis with other peopls and traders to grow up my trading's reputation!!! i will aware you.
FOREXCOM:XAUUSDLong
by harisonhbn9718
SILVER LONGING FOR LONGS. UPSIDE POTENTIALSilver has been in correlation with the famous metal Gold in anticipation for inflation due to the covid pandemic. It continues to be a form of hedge together with BTC and other precious metals. As DXY continues to devaluate due to easing/ money printing of trillions of dollars to save the economy, it will continue to further itself from its intrinsic value. This causes investors to flee from holding bonds, cash, and other forms of inflationary assets.
OANDA:XAGUSDLong
by HelloFutureCapital
It is no surprise that people are buying goldCrispin Odey, one of Europe's most prominent hedge fund managers, has said governments might ban private ownership of gold if inflation runs out of control after the Covid-19 crisis. Odey wrote: “It is no surprise that people are buying gold. But the authorities may attempt at some point to de-monetise gold, making it illegal to own as a private individual. They will only do this if they feel the need to create a stable unit of account for world trade.” Technically gold 1764. We expect a new hold in the levels 1730-1770, followed by a new breakthrough and reaching the next resistance of 1800. A breakthrough at these levels allows for an increase by 1839. We will monitor the development and inform you! Are you buying gold?
FX_IDC:XAUUSDLong
by ForexTrendline
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