it's been bottoming lately and being quiet, but I think we're about to see gold wake up - 200 point move to mid 1800 - 1900 possible here. Silver/GDX similar moves. Good luck!
Gold and Silver could move dramatically higher after the US Fed comments and the shift in how capital seeks safety. Precious metals have been consolidating downward for months. Now, it appears the Feds comments have shifted how traders/investors view precious metals. It is very likely this shift may prompt a very big upside price move. As traders suddenly...
Hello Fellow Global Forex Investor/Trader, Here's a Technical outlook on EURUSD! Technical Analysis EUR/USD is clearly moving in a bearish continuation trend. The price also created a breakout on a rising wedge pattern, indicating a potential bearish bias ahead. The MACD indicator starts creating a death cross, confirming the possible downward movement...
Myself, like many others, continue to believe Precious Metals (#gold & #silver) are about to enter a very explosive price phase. The past 12+ months have seen Gold rally after COVID, then enter an extended decline phase as the speculative bubble distracted everyone from core value. Now that the Fed and GCBs are dancing around rate increases, higher inflation, and...
ATLX formerly known as BMIX is in this parabolic growth curve. Volume has been increasing steadily over the past year or so, lots of buying happening from what I see. I think this stock has a lot of potential. This is a great cheap entry point in my opinion. Also ATLX has acquired some land right next to Sigma Lithium Corp. which stock is valued at almost $40....
Asking about silver investment it would be the safest investment in the next few years were talking about next 5 years almost to know that silver will perform better then others metals since its been a long time that silver was being a sleeping giante and next years we will see silver at lvls we never saw before . invest your dollars in silver and thank me later
Hello Fellow Global Forex Trader/Investor, Here's a Technical outlook on USDCAD! Support the channel by giving us a thumbs up and sharing your opinions in the comment below! Chart Perspective USDCAD has rebounded in the Classic support area. Simultaneously, The USDCAD is broken out of the bullish continuation pattern ( Falling Wedge ). Furthermore, The MACD...
Remain neutral/bearish on gold & silver until the US10Y, DXY, & Fed Funds Rates tops. This is the first time since the de-pegging of USD/Gold (in 1975) that interest rates & the USD have been rising. This creates an extremely tough environment for gold & silver to significantly rally being under pressure from high dollar & rising interest rates. Despite...
This is a monthly chart of the DJI / Gold, going back as far as possible. It shows how many ounces of gold it takes to buy 1 "share" of the Dow Jones Index. I chose Gold instead of Silver because it's easier to conceptualize since the numbers are smaller. For indicators, I've included the following: - Shiller P/E - US Interest Rates - data going back to 1980 -...
30MTF Short Indicatrors: Bollinger bands , 200EMA , RSI Bollinger bands 20Moving average rejection Price closed below 200EMA RSI Below 40 Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose...
If you understand price patterns, one of the most important is what I call the Excess Phase Peak pattern. You see this pattern in up trends and at the peak/start of breakdowns in price. One thing that is very critical to understand about this pattern is the failure of Phase-3 usually prompts another wave higher. At this point, Gold has stalled out near dual...
The dominant chart construction in Platinum is the completed 160-days ascending triangle bottom on the weekly and daily graphs with an implied profit target of 2880.
When crude was trading at $120 a few months ago, all you would hear on Twitter from people like Javier Blas from Bloomberg and other propaganda pundits is about how the fundamentals of oil are so bullish, because OPEC production is maxed out, the Russian Federation's invasion of Ukraine, domestic demand because summer, the government donating the strategic...
Hi folks! Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free. GOLD made new all-time high back in 2020 and then pulled back to 1676 which set the trading range for next year and a half. During that period there was a break of violet downtrendline which was subsequently...
''And the groundhog says hello every day''. The rate hikes and the Dollar strength has hit gold and silver prices hard. The dollar has now fallen back slightly. But I don't think that will be the end.
GOLD - The Yellow Metal The precious metal has broken the all important support of $1680 after more than 2 years. On the bigger picture, we have seen forming a cup & handle pattern and was predicting a breakout above Covid high will bring it to $4000 to $5000. However, the pattern failed badly and yellow metal formed a double top at $2070 instead. Trendwise,...
We can see clear and classic formation supply/demand zone on 15 min where we can take clear short possition targeting two Take Profit points.
Okay plebs, listen up. This is the chart I've been using to trade between precious metals and bitcoin, ethereum, and other cryptos. It is a custom chart, adding gold and silver with a modern ratio, doing the same with BTC and ETH, and pitting them against each other. What you get? A smooth chart that obeys technical analysis quite nicely. And here we have a...