gold market 2050 USD expect 15% correction/pullback 🔸Hello traders, let's review 2days/candle gold price chart today.
Strong gains recently after breakout of the ATH, currently trading
near ATH at 2337 usd. Having said that, based on the price action
structure, I expect an interim market-top at neat 2370/2390 usd
and a subsequent correction/pullback.
🔸Price structure contained within bullish channel since 2020, defined
by a strong sequence of higher lows and higher highs, currently
we are closing in on the cycle high, which should be printed near
2370/2390 usd. Projected pullback into golden pocket from 2370/90
until 2050 usd.
🔸Recommended strategy for position traders: wait for confirmation
of the interim market top near 2370/2390 and scale into short
position, expecting decent correction after we max out near 2370/90.
TP bears / position traders is backtest of the golden pocket area
at 2050 USD. swing trade setup, patience required. good luck!
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GOLD-SILVER
GOLD & SILVER IN ANOTHER STRONG BULLISH STATEMENT, MORE HIGHS!Gold and silver ended the week in another strong bullish rally. With this scenario, both metals have indicated a strong statement to potentially create more highs.
N.B!
- XAUUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
#gold
#xauusd
Silver is Next to Rally After Gold Whenever gold prices are trending higher, it hints at trouble ahead. Historically, silver always catches up later. During past crises, when this happens, this “silver shift” is very fast and furious. Its magnitude for silver is much greater than that of gold.
Video discussion:
1. One key reason why silver is lagging behind for the time being
2. Why Gold and Silver always move in tandem over the long-term?
3. Is there a bond crisis ahead?
Gold Futures & Options
Ticker: CG
Minimum fluctuation:
0.10 per troy ounce = $10.00
Silver Futures & Options
Ticker: SI
Minimum fluctuation:
0.005 per troy ounce = $25.00
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Natural Gas Price Forecast | DXY Crude Oil Silver Gold Analysis
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Natural Gas Price Forecast | DXY Crude Oil Silver Gold Analysis
XAU ready to break out now that most goldbugs have lost interestI haven't posted on TV since Dec 2022 as I've been posting elsewhere (check my profile) but I'll begin duplicating some of my calls here and continue if I gather a decent audience here
I'm annoyingly accurate and can see things in the market that nobody else can so at this point if you aren't following me here you basically hate money
Some very notable calls in recent years:
SPREADEX:NIKKEI and DJ:DJI both to 40k (over 1y in advance)
CRYPTOCAP:BTC pico bottom at 15k and recent local top at 70k
FX:EURUSD pico bottom & TVC:DXY pico top at 115
TVC:USOIL pico bottom at 68
NASDAQ:SMCI mega breakout at 100
NASDAQ:NVDA mega support at 120
NASDAQ:TSLA pico bottom at 105
NASDAQ:NFLX pico bottom at 165
Kodiak Sciences Looking Bullish Here KODTo me this looks like its about to rip. If it gets above $13 you're looking at a move straight to $52 no pullback and then maybe $120 after that. We can reassess at that time. It looks like a nice V shape recovery and could be putting in a right shoulder on the inverse head and shoulders. Or a cup and handle whichever you want but the measured move would be $52. If it falls below $4 its going to zero. Not financial advice just my opinion. Thank you
Natural Gas Price Forecast | DXY Crude Oil Silver Gold AnalysisNatural Gas Price Forecast | DXY Crude Oil Silver Gold Analysis
#naturalgas #natgas #xagusd #dxy #xauusd #naturalgastechnicalanalysis #technicalanalysis #tradingstrategy #daytrading #naturalgasanalysis #naturalgastrading #natgasanalysis #uso #crudeoil
SILVER (XAGUSD): Bullish Outlook Explained 🪙
Silver nicely respected a recently broken key horizontal resistance.
After its retest, the market started to consolidate on a 4H time frame
and formed a horizontal range.
Its resistance was broken yesterday, signifying the strength of the buyers.
The market may keep growing next week, at least to 25.5 level.
❤️Please, support my work with like, thank you!❤️
Strifor || SILVER-26/03/2024Preferred direction: BUY
Comment: Metals also look good for long-trade at the beginning of this week, but buyers here will most likely have more difficulties than on the same currency pairs. A more likely scenario, especially for silver , is to first fall below local support before rising. This maneuver made it possible to rid the market of "spare buyers" and attract more sellers. In turn, this allows, with new forces (updated resources), to make a breakthrough towards the local maximum at level 26 . The above assumption is fully consistent with scenario №1.
Scenario №2 is also in our arsenal, but in this case the trade volume is less than in scenario №1 , since the likelihood of such a maneuver being realized is much less.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
Natural Gas Price Forecast | DXY Crude Oil Silver Gold Analysis#naturalgas #natgas #xagusd #dxy #xauusd #naturalgastechnicalanalysis #technicalanalysis #tradingstrategy #daytrading #naturalgasanalysis #naturalgastrading #natgasanalysis #uso #crudeoil
Natural Gas Price Forecast | DXY Crude Oil Silver Gold Analysis
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10:45 Silver XAGUSD
Natural Gas Price Forecast | DXY Crude Oil Silver Gold AnalysisNatural Gas Price Forecast | DXY Crude Oil Silver Gold Analysis
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04:51 AMEX:UNG Stock Forecast
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10:02 Gold XAUUSD Stock Forecast
11:34 Silver XAGUSD
Gold and Silver We had a nice week for gold and silver.
Both rallied higher as DXY fell and reached below 103. The level that we have been waiting for in the past weeks. Now that DXY had a nice weakly bearish candle closing below 103, what should we expect for gold and silver?
Would this rally continue this week as well? I don't know. I'm just enjoying the ride. However, there will be always a correction. so let's talk about that.
As you can see silver exactly followed our green scenario in the past three weeks. Gold also moved in the direction we expected and surprised me with its vertical move. 😁
I think this week we can also see green weekly candles in gold and silver and a big red candle in DXY. However, in case of a correction at THESE PRICES, these are my expected levels for gold, silver, and DXY.
GOLD: A strong support for gold would be $2040 - $2080 area.
SILVER: A strong support for silver would be $23 - $23.5
DXY: A strong resistance for DXY would be 103.5
AMD About To Go For 300% Blowoff Before Multi Year CorrectionAMD looks like it still has a lot more steam left. More so than NVIDIA. If I was holding NVIDIA I would sell and put it into AMD probably now.
I see a move up into the $600 range, hard telling what a top would be but that rising channel resistance will probably hold. Once rejected off that resistance itll be a slow and steady decline back down to double digits. The stock market and the overvalued stocks will slowly bleed out into Bitcoin and the Crypto market over these next ten years. A lot of these stocks are waaaayyy overvalued. Like stupidly overvalued. Its a bubble about to blow.
None of this is financial advice its just my opinion. Thank you
Natural Gas Price Forecast | DXY Crude Oil Silver GoldNatural Gas Price Forecast | DXY Crude Oil Silver Gold
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11:08 Gold XAUUSD Stock Forecast
12:30 Silver XAGUSD
Strifor || SILVER-27/02/2024Preferred direction: BUY
Comment: Despite the fact that gold is a more comfortable instrument for entering a long position among metals, long for silver is nevertheless considered. It should be noted that at the end of yesterday there were good hints of a long position. All that remains is to wait for the close above the level of 22.66582 (scenario №1). The limit buyer began making its presence known on Tuesday. Less likely scenario №2 remains as Plan "B" .
We fix the growth target at the level of 23.32250.
Thank you for like and share your views!
Natural Gas Price Forecast | DXY Crude Oil XAUUSD XAGUSDNatural Gas Price Forecast | DXY Crude Oil XAUUSD XAGUSD
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Strifor || EURUSD-01/03/2024Preferred direction: BUY
Comment: In the longer term, the euro continues to be viewed more in favor of the buyer. It should be noted the local strength of the US dollar and at the moment only the Canadian currency and metals can resist the US currency with the greatest effectiveness.
Regarding EURUSD , we will consider two scenarios, where both involve updating local lows and most likely there will be a re-test of the level of 1.07500 before growth.
As mentioned earlier, the target for medium-term growth is located at the level of 1.09000.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
Natural Gas Price Forecast | DXY Crude Oil XAUUSD XAGUSD
Natural Gas Price Forecast | DXY Crude Oil XAUUSD XAGUSD
00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide
06:13 AMEX:UNG Stock Forecast
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11:54 Gold XAUUSD Stock Forecast
13:04 Silver XAGUSD
Natural Gas, OIL Silver DXY Gold Price Forecast:Natural Gas, OIL Silver DXY Gold Price Forecast:
Support & Resistance Guide
00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide
06:13 AMEX:UNG Stock Forecast
08:12 USO Oil Stock Forecast
10:01 DXY US dollar Stock Forecast
11:54 Gold XAUUSD Stock Forecast
13:04 Silver XAGUSD
SILVER - Watch For This Sell!In our last analysis, we identified that we were in a major correction and that we were in the final wave of the correction.
We called for shorts mid December and price went on to make a massive move lower. We have now another opportunity to enter shorts for the final time.
Where we have the arrows marked out, we can see a really interesting fractal. In July 2023. we saw a complex ABC correction, which we are now seeing again on a smaller scale. We are expecting price to reject our sell zone and move lower to the structure level indicated
Trade Idea:
- Watch for rejection of sell zone
- For confirmation, use lower timeframe trendline break or BOS
- Enter with stops above the highs after confirmations have been met
- Targets: 22, 21, 20.7
Goodluck and as always, trade safe!
Where is $ flowing into? Central Banks = Gold. Retail = $BTCGood Morning
Let's see how CRYPTOCAP:BTC handles this next resistance level. Currently it is above.
Assets, not #Dollars!
Where are can you put your hard earned $???
Into #equities with high PE's?
Into #commercialrealestate?
#BTC #Bitcoin
#GOLD & #Silver as well as they have stood the test of time.