Same setup as XAUUSD, see related ideas. This one's specially good for people trading equities. Good luck, Ivan Labrie.
Here is an indicator developed specifically for the gold - platinum spreaders out there. Platinum is much rarer than both gold and silver — so rare, in fact, that all of the platinum ever mined could fit into your living room. Still filling mine. Peace. Tarzan
Here we have Tarzan's gold / silver ratio indicator. There is only one input parameter, which is the simple moving average length of the ratio calculation which ranges from 1 to n. Every fiat currency in the world has eventually gone bankrupt. Gold = the last man left standing. Peace. Tarzan
Simple setup. Short gold buy silver with target around 54 oz. Silver was oversold harder than gold from 2011 peak. That's the main reason. Also silver is really utilisied not saved like gold.
Daily trend breakout. US markets are expected to enter correction cycle.
This pattern almost always results in a rebound for gold in the past few years.
Just documenting this entry. AG was Tim West's suggestion, NEM, is a good gold proxy here. Good luck, Ivan Labrie.
Reversal zone is 1171/2. This may not be the big bull but if it's a solid retrace, then here are some targets... on chart. Good luck.
Just something big picture, again, to look at. Gold on Daily. With retrace points of interest. Not a trade but something interesting to see.
It seems all is prepared in precious metals for the next big movent in the following months. Below red line, 2015 lows will probably be visited again
Pure speculation guys...Let's see how accurate it will turn out... :o
See instructions on the chart. Ask questions if you like. GL! MA20 currently at 1202s (Monthly) + 50% Fibo.
Long Gold Bottomed Out now Retest of previous Support
Last week Gold finished full retracement to October breakout. It's most likely to start heading down. Cheers!
Silver has bounced off medium/long term range bottom. While election is putting big movements in suspense, a break-out of 19.5~19.7 range within November could signal a attempt of reaching 23+ before year end.
Gold has bounced off medium/long term range bottom. While election is putting big movements in suspense, a break-out of 1320~1330 range within November could signal a attempt of reaching 1400+ before year end.