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GOLD-SILVER

The chart no one wants to see or believe!There is more than one way to skin a snake. Not only price can hurt you... Time can hurt you too! How about some up and down action for 3 to 5 years that goes no where? Like shacking the Jar and angering the ants so that they loose faith and confidence, so when the rally really actually starts they won't believe it! Maybe it got to easy to buy and hold for 2 to 3 years and sell? If you are a hodler for long term, then this should not affect you and you should just keep buying. It actually should be viewed as a gift as prices will come back to low prices for stacking. In this chart I'm hitting two birds with one stone as I Have added Silver, Gold, S&P500, Nasdaq and the Dow Jones. Why? so we can see how Bitcoin has interacted with these 5 other markets. By taking a glance at them, It is very clear to see that all of these markets have had affect on Bitcoin in one way or another. This is not to be taken as written in stone and non of the prices or moves are literal and just examples. The point is a long term zig zag pattern and staying range bound to shake out the greed and impatient or weak hands. How about life happening and being forced to sell although you have no intent too? The more that time passes in bad times the likely you'll be forced to sell to stay a float. Nothing has changed in bitcoin network, in fact it keeps getting stronger and healthier but a pause in price could be healthy in the bigger picture. So what happens from here? We just stack for 5 years and watch it bounce in between the Nasdaq and Dow? Well, yes and no. There could be other altcoins that run fairly hard during this time period. For example, Ethereum and Ethereum based tokens. Gold and Silver could go on a run. Also narratives could change on a dime. Truth is... no one knows, you just have to keep and ear to the street and pay attention. Don't get caught 1 step behind. Without a doubt, it's a great time to stack!! No one can argue that. Thanks for viewing WeAreSat0shi Have a blessed new year!
BNC:BLX
by WeAreSat0shi
4
⚡️Strifor || SILVER-30/01/2024Preferred direction: SELL Comment: Before the Fed meeting, silver is still considered short, but at the moment there is no entry point. The best option would be to enter through pending orders before the Fed meeting. We highlight two login scenarios. The main one ( scenario №1 ) assumes entry after the formation of a false breakout at the level of 23.32250 . Scenario №2 - involves entering after testing the resistance area at level 24 and then entering short. The target for the fall in both cases is located at the support level 22.66582 , with the potential for movement below. Thank you for like and share your views!
OANDA:XAGUSDShort
by Strifor
1
⚡️Strifor || SILVER-18/01/2024Preferred direction: SELL Comment: Further declines are also expected for silver. Previously, we indicated two options for a sell transaction on this instrument. And about the script now in work. The trade has already been moved to breakeven and even part of the profit has been fixed. At the moment, one can consider short-term trades also in the direction of the seller from the level of 22.66582 . The target of the fall is the same as for our already medium-term trades, namely the level 22.66582 . Thank you for like and share your views!
OANDA:XAGUSDShort
by Strifor
1
PLATINUM, WHAT IS IT AND WHY THE HECK WOULD I WANT THIS METALWhat is Platinum? Platinum is a chemical element with the symbol Pt and atomic number 78. It belongs to the noble metals group, which also includes palladium, rhodium, iridium, osmium, and ruthenium. Platinum is characterized by its high density, malleability, ductility, and resistance to corrosion. These unique properties make it an invaluable material for various industrial applications. Where is Platinum Found? While platinum is relatively scarce, it is not as rare as some other precious metals. The majority of the world's platinum supply comes from two main sources: primary production and recycling. South Africa is the leading producer of platinum, contributing significantly to the global supply. Russia, Zimbabwe, and Canada also have substantial platinum deposits. Platinum is often found alongside other minerals, such as nickel and copper, in ore deposits known as platinum group elements (PGE). Extracting platinum from these ores involves complex processes that require advanced mining and refining technologies. Why Would You Want Platinum? Jewelry and Luxury Goods: Platinum's brilliant white sheen and resistance to tarnish make it a popular choice for crafting high-end jewelry. Platinum jewelry is not only exquisite but also durable, making it an ideal choice for engagement rings, wedding bands, and other fine accessories. Catalytic Converters: The automotive industry extensively uses platinum in catalytic converters, where it plays a crucial role in reducing harmful emissions from vehicles. Its catalytic properties make it an essential component in promoting cleaner air and environmental sustainability. Electronics and Industry: Platinum is a key player in various industrial applications, including electronics, due to its excellent conductivity and resistance to corrosion. It is used in the production of electrical contacts, laboratory equipment, and in the manufacturing of glass. Investment and Financial Markets: Platinum, like gold and silver, is considered a precious metal and is actively traded in financial markets. Some investors choose to include platinum in their portfolios as a hedge against inflation and economic uncertainties. Platinum mining is a challenging and complex process. Extracting platinum from the Earth involves several intricate steps, and the scarcity of platinum deposits adds to the difficulty of mining this precious metal. Here is an overview of the key challenges associated with platinum mining: Ore Extraction: Platinum is often found in combination with other metals, forming platinum group elements (PGE) deposits. Extracting platinum from these ores requires advanced mining techniques. The ores are typically low in concentration, making the extraction process more intricate than that of more abundant metals. Depth of Deposits: Many platinum deposits are located deep underground, which adds to the complexity and cost of mining. Deep-level mining requires specialized equipment and poses safety challenges for miners. In some cases, mines may extend kilometers below the Earth's surface. Energy Intensity: The extraction and refining of platinum involve energy-intensive processes. The high temperatures required for smelting and refining contribute to the overall energy consumption of platinum mining operations. Environmental Impact: Mining operations, especially in ecologically sensitive areas, can have significant environmental impacts. Platinum mining may result in habitat disruption, soil erosion, and water pollution. Sustainable mining practices and environmental regulations are essential to mitigate these effects. Labor Intensity: Mining platinum is a labor-intensive process that requires skilled workers. The complexity of the operations, coupled with safety considerations in deep-level mining, makes it essential to have trained personnel. Market Volatility: The platinum market is subject to price fluctuations, influenced by factors such as supply and demand dynamics, economic conditions, and geopolitical events. This volatility can impact the profitability of mining operations and investment decisions in the platinum industry. Technological Challenges: The extraction and processing of platinum ores require advanced technologies. Developing and implementing efficient and environmentally responsible mining technologies is an ongoing challenge for the industry. Despite these challenges, the demand for platinum in various industries, such as jewelry, automotive, and electronics, continues to drive the exploration and extraction of new platinum sources. Innovations in mining technologies and sustainable practices are being explored to address the difficulties associated with platinum mining and ensure its responsible and ethical extraction. THE TECHNICALS Sharp downtrend, weak, although down, it is a support trend. Two strong (one stronger than the other) support trends, IF UNDER, THEN BUY is probably the rule for those. It looks like there is some downside to come, which has been showing. The ideal price targets are thicker, and basically mean, under perfect conditions, I'd exit and enter at these levels, however, nothing is ever perfect. AS far as what the technicals say for price, I'd say there is a good chance it can maintain $800, however, there is a possible dip showing, which takes price down to $700. Again, these are both under or at major trends, and we can say that if price gets to these levels, I have a better than average chance at profit. AND if I'm wrong, I'm backed up by multiple support lines, which means less time in the red. Other scenario is where the bullish momentum keeps moving up at we head up to 1200 or so before hitting that huge dip. However, I tend to see this as the less likely option. RSI is showing the dip, along with various other indicators as coming in the short term and being backed up with support and buying in the longer term, this doesn't include a black swan event, which would theoretically take the price way down, and rocket to all time highs, as platinum will likely hold value. Good luck!! Personal opinion, I'm bullish long term from a fundamental side and technical side.
TVC:PLATINUMEducation
by nicktussing77
Finally Bulls Take Place on GoldMomentum at low levels and positive but weakened a bit in the last day. So there may be a few days of consolidation. Price in Descending Channel and it will be breakout if price reach to 2050 with volume. I don't expect a 70% retest of the 2005 level. Then gold will go towards the short-term target of 2130. Formed Patterns : Descending Channel Price Target in Long Term : $3000 Support Level 1 : 2020.51-2024.11 Support Level 2 : 2003.58-2010.52 Macroeconomic Situation : * Due to the American debt crisis and interest rates will soon fall; individual investors, companies and central banks continue to buy gold/silver. * The crisis in the Middle East will push the Gold/Silver even higher. * Due to many issue of US Dollar, I expect DXY will fall which is good for Gold/Silver.
TVC:GOLDLong
by TimiOnur
Gold Rush has BegunFalling Wedge broke upwards and started major bullish trend on 4 hour chart. This week I expect a big rise in gold and downtrend on DXY to continue which is good for gold. Intermediate-term price target of 2427-2465 has been opened. Price Target in Intermediate-term (6 weeks-9 months) : $2427-2465 Price Target in Long Term (More than 9 months) : $3000 Support Level : 2019.22-2041.49 Macroeconomic Situation : * Due to the American debt crisis and interest rates will soon fall; individual investors, companies and central banks continue to buy gold/silver. * The crisis in the Middle East will push gold/silver price even higher.
TVC:GOLDLong
by TimiOnur
Gold is Picking up Where it Left off.I expect gold will cross 2135 high resistance zone and rise to 2200-2230 levels. Then continues uptrend after pulling back to 2135 levels which is the new strong support zone. 2019-2041 has been tested several times and there is a good support. Direction upward from here. I expect downtrend on DXY to continue which is good for gold. Formed Patterns : Ascending Channel Scenario : Gold will continue its uptrend by hitting the 2200-2230 levels and retreating to 2135. Price Target in Long Term : $3000 Support Level : 2019.22-2041.49 Trend Power : Extremely Bullish Macroeconomic Situation : Due to the American debt crisis and interest rates will soon fall; individual investors, companies and central banks continue to buy gold/silver.
TVC:GOLDLong
by TimiOnur
Gold/Silver Ratio will Break the 375-day Triangle Pattern SoonGold/Silver Ratio will break the 375-day Triangle Pattern soon. There was a false breakout to the upside last week. Price couldn't break the trend line. Gold/Silver Ratio is expected to go down. Formed Patterns : Shooting Star Candlestick Pattern, Rising Wedge Pattern, Double Top Pattern on the momentum indicator. Scenario 1 : Gold/Silver Ratio quickly goes to 76 levels. Scenario 2 : Gold/Silver Ratio hits 81.58 and retreat to the 86. And then goes to 76.
TVC:GOLDSILVERShort
by TimiOnur
3
Silver Begins to BreakoutHammer pattern has formed in candlestick. Gold/Silver ratio is on top. Silver will most likely break its 665-days Triangle pattern. Now it is time to invest in Silver! Scenario : Silver will suddenly rise to 27-27.5 levels and begins consolidation at 25.7 levels. Price Target in Long Term : 44 Support Level : 23.56-23.77 Trend Power : Extremely Bullish Macroeconomic Situation : Due to the American debt crisis and interest rates will soon fall; individual investors, companies and central banks continue to buy gold/silver.
TVC:SILVERLong
by TimiOnur
5 ways to win with Gold and Silver in 2024Potential Narratives: 1. The Fed truly pauses and starts to ease, creating easier money conditions, money printing 2. Election year may be bullish for assets, metals have lagged 3. De-dollarizing theme globally is favorable for metals 4. More global conflicts potentially could cause more US debt, which favors metals 5. Weakness in the economy can cause metals to outperform even on the downside We love our stories and narratives. Emotionally it helps us understand the "why" something is happening. Metals have underperformed stocks, bonds, and real estate for years now. It wouldn't take but a few breakouts to get a trend started in metals. Gold is already at all time highs. Silver has more work to do. With more debt on the horizon and the world unhappy with each other, the case for precious metals as a store of value makes more and more sense. In the past, bullish runs in metals lasted for 8-14 years. If we say the current trend is a bull run, and we say it started in 2020, then we still have many years to see the cycle play out. maybe til at least 2028? Please feel free to add your comments and opinions below. cheers!
TVC:GOLDLong
by ValuePig
💰📉 Zodiac's Influence: Gold Eyes $1850, Plummets to $1630 🌟🎯On December 22nd, there was a change in the Zodiac sign which revealed the manipulative tactics of the market makers. They artificially inflated the market by luring unsuspecting investors into thinking the market was bullish, thereby creating liquidity. However, by the end of the day, their true intentions were exposed as the price of gold sharply dropped, rejecting the high of $2070. See 22nd December 2023 Analysis here: By just holding above $2070, the game would have been completely different, and the setup could have turned out to be highly bullish. It's amazing how such a small decision could have such a huge impact on the outcome. Why is Friday’s close important? It is significant on the Zodiac calendar and can create a strong trend in either direction for multiple days. Gold 1hr chart: Rejection on the 1hr chart Based on the latest market analysis, it is highly likely that we will experience a bear market that will last for several days or even weeks into the new year. It is important to take this information into consideration when making any financial decisions to ensure that you are well-prepared and have a solid strategy in place. Don't let this news discourage you, instead, use it as an opportunity to assess your current investments and make any necessary adjustments to position yourself for success in the long run. Target 1: $1850 Target 2: $1630 How do I trade this? Let me tell you a story: The Parable of the Ten Virgins 1 “At that time the kingdom of heaven will be like ten virgins who took their lamps and went out to meet the bridegroom. 2 Five of them were foolish and five were wise. 3 The foolish ones took their lamps but did not take any oil with them. 4 The wise ones, however, took oil in jars along with their lamps. 5 The bridegroom was a long time in coming, and they all became drowsy and fell asleep. 6 “At midnight the cry rang out: ‘Here’s the bridegroom! Come out to meet him!’ 7 “Then all the virgins woke up and trimmed their lamps. 8 The foolish ones said to the wise, ‘Give us some of your oil; our lamps are going out.’ 9 “‘No,’ they replied, ‘there may not be enough for both us and you. Instead, go to those who sell oil and buy some for yourselves.’ 10 “But while they were on their way to buy the oil, the bridegroom arrived. The virgins who were ready went in with him to the wedding banquet. And the door was shut. 11 “Later the others also came. ‘Lord, Lord,’ they said, ‘open the door for us!’ 12 “But he replied, ‘Truly I tell you, I don’t know you.’ 13 “Therefore keep watch, because you do not know the day or the hour. Matthew 25:1-13 Lesson: 1. All the virgins knew that the bridegroom would come, but some still failed to meet him. Meaning: While it is possible to analyze market conditions and forecast the direction in which they are likely to move, it is important to remember that this alone does not ensure profitability. 2. Only the wise virgins who planned and prepared for whatever scenario happened were able to meet the bridegroom. This means that only traders who plan and prepare for whatever scenario plays out on their way to the target will benefit from it. I will stop here and not go further, I personally do not day trade. I am a swing trader and I am taking this trade under proper risk management. It’s not in my position to tell you how you take your trade.
OANDA:XAUUSDLong
by blacklegend55
$DXY trying to base daily but weekly shows ominous signThe US #Dollar is trying to base on the daily charts, again. Not making calls until we feel sure, many times we're posting just to show what we see. We've mentioned many times that calls are CLEAR when they are made. Breaking under doesn't mean impending doom, look at June how it came back. However, that is NOT the norm! Usually a break turns that support level into staunch resistance, for some time as well. Weekly, there's a BEARISH crossover. TVC:DXY #GOLD #SILVER #Bitcoin
TVC:DXY
by ROYAL_OAK_INC
SILVER - BIG MOVES! ✅Our last few analysis on Silver have played our perfectly. We identified we were in a 335 flat correction and we caught the wave B move higher. We're expecting 5 subwaves for wave C and we've seen subwave 1 and 2. Looking for subwave 3 now. Trade Idea: - Watch for the next wave lower - Anticipating price to stay below the highs = stops go above the highs - No clear entry as of yet but we'll be watching for a lower timeframe trendline break or BOS - Target: 21 Goodluck and as always, trade safe! See below for our previous setups:
OANDA:XAGUSD
by WicktatorFX
1