The fun is about to start The fun is about to start The fun is about to start
Sometimes I feel like these things are all planned out. This is why I love charting...
this week we got bull movement after confirmation of bounce over the past 3 days
Gold is forming a picture perfect Bear Flag. If this pattern breaks and triggers we have 2 downside targets. The importance of analyzing this pattern is Gold encompasses much of the macro landscape in its price action. If Gold is acting bearishly based off this pattern it could be foreshadowing a dollar strengthening. It could also foreshadow perhaps a...
SLX back above the Macro Mid range, also back holding the local range low. Looking for a quick scalp to local range high "target1" If we break above and hold il start looking for longs to target 2 macro range high Wrong below 2.76
Posted 1 thing on #DXY since the quoted post Was just observation Normally would've said that #DXY was done BUT held back because something didn't look right $UUP shows $ coming in last 2 days $TNX & 2yr #yield support held WEL Pumping actually #GOLD #SILVER #Crypto #stocks
whatever happens in the bull market for precious metals, this company will always be cash flow positive and growing.
Flipped resistance into Support right below a LTF range high Above range and looking for target marked on the chart. If it gets above the range high and then back under, its a quick short back into the LTF Mid range as a target back to the 2022 Yearly CLose. Do not want to see it trade below the 2022 Yearly close or its starting to look like Goblin town. A DXY...
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The Fed and US economic data will likely prompt s big move in Gold/Silver over the next 36+ months. My read on the data is that we are starting a price cycle that is similar to 2002~2005 again. Early bullish trending throughout 2002~05 prompted a massive 500% rally in Gold - reaching a peak in 2011. If that happens again from the $1700 support level, we may see...
Zoom in on current $BTC state See our profile #BTC volume DYING out Makes sense with #Fed talking & US #Dollar "basing" #Bitcoin has also had a nice run Notice swings are getting LARGER Ultimately, going 2b squeezed one direction or another Keep eye on RSI & Volume
First signs of TURNAROUND for #DXY "Coincidentally" $DXY is trying to find foundation while #BTC #GOLD #SILVER #ETH are @ RESISTANCE levels US #Dollar trying to base here Historically this area has NOT served as strong support but doesn't mean it wont now #currencies
This incredible rally in Gold won't really end until prices reach levels above $2250. My target is closer to $2400 - but we'll see how things play out. Overall, Gold moves in $350 price phases. From recent lows, the top of that $350 price phase is near $1985. I would suspect a moderate pause/pullback after reaching the $1985 level. The low of that...
THese had good solid retracements into 50% supports, especially Silver, this morning. These charts are pretty bullish. Maybe a bit late in the day to get in but there are makings for continued higher moves and breakouts over the next few days.
Likely last post for 2day #Volatility was great! $VIX did nothing, go figure😁 Leaving soon, airport Won't be gone long $DXY revving a bit just in time for $BTC to weaken a bit #GOLD #Silver likely retrace a bit as well #BTC #crypto
Thinks $ pushes higher as last days gains accross board materializes; Eyeing $GOLD and $SILVER to give good buys coming weeks, $1830 and $22