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GOLD-SILVER

$DXY, Dollar, strength has been weakening for some time now,TVC:DXY has been weaker since our last call, cratering even Lower highs since peak of Sept last year Lower highs in recent trend since Nov 2023 Relative Strength breaking lower AMEX:UUP also shows this as well (The following is not seen here, sorry, pls check profile for more info) Weekly TVC:DXY shows the weakness clearer RSI hasn't been able to break past 50 (middle area) This is the LONGEST US #Dollar has taken to break under the breakout area (blue arrows) Historically, RSI @ these levels has stopped rallies At the very least temporarily
TVC:DXY
by ROYAL_OAK_INC
It's about POWER, not regulation, $BTC still in pattern!!!Haven't seen 1 account speak on what we've said for about 2 years now, in reference to gov & #CBDC and them not liking competition NOT 1 Many #CEXs have asked for guidance & what have they received? NOTHING! This is NOT about #crypto protection! This is about CONTROL! #DEX #BTC #GOLD #SILVER ANYWAY CRYPTOCAP:BTC still looks good. Pattern we highlighted some time ago is STILL in PLACE. Picked some #BTC up after hours last night. Check the BUYS on 4Hr chart. Shorts were not heavy so this is outright BUYING! #Bitcoin still looks good imo! #crypto
CME:BTC1!
by ROYAL_OAK_INC
Cup and Handle Breakout by 2025?: Bitcoin, Gold and Silver ReadyThrough meticulous analysis, the three charts displayed side by side present a captivating comparison between silver ( TVC:SILVER XAGUSD), gold ( TVC:GOLD XAUUSD), and Bitcoin ( BNC:BLX BTCUSD). Spanning from the 1970s to the present day, these charts provide a comprehensive view of the remarkable journeys undertaken by these assets. The first two charts depict the price movements of silver and gold over the course of five decades, while the third chart illustrates the relatively short but remarkable trajectory of Bitcoin since its inception in 2010. What immediately catches the eye is the astonishing pace at which Bitcoin has achieved in just 13 years, what took silver and gold a staggering 53 years to accomplish. However, the most striking aspect that commands attention is the unmistakable presence of a colossal "cup and handle" pattern, poised to complete its formation within the next two to four years. This pattern has been dissected into five distinct phases, revealing intriguing similarities across all three commodities. 1/ The initial phase witnessed a rapid surge in prices for all three assets, setting the stage for what was to come. 2/This was followed by a minor correction before another sharp increase in price. 3/ Subsequently, a prolonged period of slow and gradual correction ensued, testing the patience of investors. 4/ However, this was eventually followed by a steady bull phase, characterized by sustained upward momentum. 5/ As the cycle neared completion, another corrective phase emerged, followed by a steady rise once again. (Note: This phase is marked by a smaller cup and handle forming within the larger cup and handle, with completion at around the same time). The question that naturally arises is: what lies ahead? Will there be a breakout to the upside after the completion of the cup and handle formation, expected to materialize within the next two to three years? The simultaneous indication of such a breakout across all three commodities is undeniably intriguing and warrants further exploration. Furthermore, as we examine the intriguing cup and handle formations across silver, gold, and Bitcoin, it is crucial to take into account the profound shifts occurring in the global economic landscape. The traditional dominance of the petrodollar is facing significant challenges, with emerging trends indicating a potential end to its reign. BRICS nations, for instance, are increasingly engaging in domestic currency transactions, bypassing the need for the U.S. dollar as a medium of exchange. The advent of Central Bank Digital Currencies (CBDCs) across numerous nations have introduced a new dimension to the evolving financial ecosystem. As these digital currencies gain traction, they have the potential to reshape the dynamics of international trade and cross-border transactions. This transition towards CBDCs further underscores the changing paradigm of global finance. However, it is important to acknowledge the mounting tensions and conflicts that permeate the geopolitical arena. Wars, both physical and cyber, as well as potential hacking scandals between nations, have the capacity to disrupt and fracture the fabric of the current economic climate. These events have the potential to cause significant fluctuations in financial markets, including the prices of silver, gold, and Bitcoin. When analyzing the broader financial and economic landscape, it is essential to consider the interplay between political developments, economic policies, technological advancements, and market dynamics. Geopolitical shifts and power realignments among nations can have far-reaching implications for asset valuations and investor sentiment. In conclusion, as we explore the cup and handle formations in silver, gold, and Bitcoin, we must recognize the wider context of global transformations. The potential demise of the petrodollar, the growing influence of domestic currency transactions among BRICS nations, the rise of CBDCs, and the geopolitical tensions reshaping the world order are all factors that can significantly impact the future trajectory of these commodities. It is within this intricate interplay of forces that we seek to discern the catalysts that will drive potential breakouts and subsequent price movements. As the global economic landscape continues to evolve, adaptability and astute analysis remain essential for navigating the uncertainties and seizing opportunities in the ever-changing financial markets. Disclaimer: Keep in mind that market predictions are about as reliable as a weather forecast in outer space. Use this analysis as a conversation starter, not as financial advice. Investing in cryptocurrencies carries risks, so do your homework and make informed decisions. Remember, no crystal balls here—just a pinch of insight and a dash of caution
TVC:GOLDLong
by Sikbh
🔥 Bitcoin = Digital Gold - More selling Ahead?Bitcoin has often been described as digital gold, even though the price has more closely followed the stock market. However, BTC has closely been following Gold since Sillicon Valley Bank went insolvent. In my view, this has to do with the fact that people are hedging themselves against further banking crises and potentially losing large parts of their investments. Since Gold is highly liquid rare mineral which is always in demand, it makes a popular hedging product. Same goes for Bitcoin. Limited supply, highly liquid and great potential future growth. I'm going to look at Gold for a while to try to predict Bitcoin's price action. Main question remains, for how long will BTC follow Gold? My best guess is that it will follow Gold until the banking sector is safe. Do you think Bitcoin = Digital Gold? Share your thoughts.
OANDA:XAUUSDShort
by FieryTrading
10
GOLD, SILVER, COPPER. Is the latter leading the way?On this 1D chart we see Gold (XAUUSD) against Silver (XAGUSD) and Copper (HG1!) displayed by the orange, blue and black trend-lines respectively. There is a lot of worrying lately with Gold's pull-back since the mid-April High. Even though Gold and Silver have made Higher Highs, Copper has been declining since since its late January High. On this chart we see that Copper has been a leading indicator to the other two in the past 2 years. When it started rising earlier, the other two followed shortly after. Similarly when is started falling and the others lagged, they followed suit. As mentioned, Copper has started falling in the past 4 months while the other two lag and made Higher Highs. Does this mean we are about to see Gold and Silver start a strong decline? ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAUUSD
by TradingShot
3
Weekly FOREX Forecast: April 24 - 28th (Part 1)Welcome to another Forex Daily Forecast! We will be preparing for the trading week ahead: - Analysis of the individual currency Futures, to identify the strong and the weak - Analysis of the FX pairs (EURUSD, EURCAD, ...) - Analysis of Gold, Silver, and OIl too! - Plot and plan for the best setups. I'm taking my time with this analysis with the viewer in mind. I want you to see the markets through my eyes, so the analysis is fresh, done live, for you to learn how to do this yourself. I want to raise independent traders, capable of reading the markets and planning their own trades. I'm hoping we can end up raising each other's level, in an "iron sharpens iron" kind of way, coming together and sharing trade ideas in our community of traders. Always remember, just because they aren't setting up now, doesn't mean it won't set up later! So stay tuned for updates! We are going to look in depth at the forex market, using top down analysis. If you have a question on any of the content, please leave a message in the comments section. For beginners, this is how you analyze forex markets, identify supply and demand zones, key levels of support and resistance, and look for swing trade setups. Smash a LIKE and tell me what you think in the comments section! These things help to grow this channel! I appreciate your support and feedback, my people! It encourages me to continue to provide free content to the public, in hopes to grow a community of sharp traders.
by RT_Money
Weekly Momentum On Major Pairs (Week 16/2023) First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up. XXX/USD: Mixed Gold & Silver: Mixed XXX/JPY: Very Bullish Stock Indexes: Mixed BitCoin: Very Bullish WK 16 (15 Apr 2023)
by SonicDeejay
Gold - $2,000 Is ImminentGood news for goldbugs: GC Gold futures is projected to take out $2,000. Bad news for goldbugs: I still believe that both price action and fundamentals are short/medium-term bearish on gold and that this swing will amount to an exit pump before lower prices forecast in the below post are achieved. Gold GC1 - Discard Greed, Enjoy the Tranquility of Rationality I also believe that Silver is about to rip over $25 for roughly the same reason Silver SI - A Simple Trendline and Levels Scalp And oil to $88 WTI Crude - Step 1) $88 --> Step 2) $5 Some key fundamentals on gold is that the Chinese Communist Party has been accumulating. I've heard that central banks tend to accumulate gold when their economy is in severe trouble and they want to make a bad situation look good. This is also a classic play in the CCP toolkit, trying to appear as if everything is great and the Party is very smart and stable even as tens of millions of citizens and technicians have died from the pandemic. Another reason for amassing gold is to convert foreign reserves/national currency into something they can trade for oil on the dark market. The CCP is not in a good situation. If you look at the stats the Party is reporting, they say that Wuhan Pneumonia (COVID) has totally disappeared from the country since Jan. 10. Not a single case, not a single death in two months, if you believe what the least credible regime on the planet has to say, at least, it's really a miracle. But you should never believe anything the CCP says. The Party is addicted to lying. There's data that says the Shanghai vault saw 140 tonnes leave in January, the largest withdrawal since 2018. Some analysis says the CCP has over 4,300 tonnes of gold in reality, twice as much as they report, making them the second largest holder behind the United States. So this tells us that the US is the market maker and the CCP, a crumbling regime that is the government of the one country everyone wants to seize control of, has decided to take a huge position, and at relatively high prices. There's good reason to believe, then, that the US has +alpha to be gained from dumping gold. But first, the MM and its custom algorithms need to take out the shortsellers who have stops above the $1,975 pivot and the buyers who will go long over the $2,000 psychological level while dreaming of a new all time high. The CCP is going to fall soon. But the skeletons in its closet from the 23.5 year long persecution and genocide against Falun Gong linger like a guillotine over not only its head, but over the heads of all the governments and corporations that have supported the Party and helped it to survive all these years. This means that the wish for China's opponents is to ensure a controlled demolition of the Party so that the truth of what's been going on all these years can be buried. The problem with getting ahead of ourselves based on last week's price action in terms of a long is that it's the beginning of the month and gold already went up 3%. So, in my opinion, I'm looking for a pullback into the $1,820 range to go long and with a target slightly over $2,000. Time horizon is by early April. Monthly candles show that February was an outside bar: Daily <--> 4H <--> 1H candles show that February took out its low of the month right at the end of the month as well. So ultimately, I expect the February low to hold, so long as I'm reading it right and price action is actually bullish, and so long as the fundamentals overall are actually bearish. And there's no reason to be immediately bearish. Although price was rather abruptly rejected at $1,975, on the way up, there were no pivots or imbalances created. The pivot was just drawn at $1,810~. We can tell this because last week's candle was also an outside bar. What I'm thinking is going to happen is that $2,000 will be achieved to clear out shorts and to trap breakout longs and hysterical top buyers. After that, the US market maker will dump metals hard to put greater economic pressure on Xi Jinping's PBOC and CCP as the world attempts to make the Party fall so that they can invade China and establish globalism, which will lead to real worldwide communism. Think of dumping metals as something of a soft sanction against China and Russia. The idea of globalism is to have the CCP's social credit scheme become standardized everywhere on the planet, and then humanity will live in a two class system: one where there is a very small group of Gates/Clinton-type elites who lord from their "holy" ivory towers over a very large garbage dump of slaves scurrying around for scraps. This is the plan. But over the very long course of history, a lot of governments and organizations have attempted to take over the world. World government has never worked out, and has always ended in disaster. Disaster, followed by a change of scenery. This is why we find buildings from old cultures at the bottom of the ocean and buried in the Earth. Be careful, and good luck.
COMEX:GC1!Long
by LordWrymouth
2