Get started

GOLD-SILVER

Global Markets Are Setting Up A MAJOR BOTTOM For 2023+US/Global markets are actively seeking a bottom at this point. We've witnessed the largest unwinding of global excesses since the DOT COM bubble and, before that, the 1929 market peak. Use this symbol to experiment with market trends/setups: (TSLA + ARKK + ARKW + ARKQ + GME ) / 5 In my opinion, the deep selling is nearly over. This chart shows the custom symbol is very close to the center level on the historical Pitchfork and very close to a 1.0 (100%) Fibonacci extension from 2016 to 2019. I suspect the unwinding of the global markets is very close to a BOTTOM right now. 2023 could be very explosive, considering the extreme downside pressure we've seen over the past 15+ months. Think about this for a few minutes... _This chart shows price is currently AT or BELOW 2016~2018 center Std Dev levels. It may move a bit lower before actually finding a bottom. _This price level represents a pre-2019 earnings/revenue expectation (ignoring the past four years of progress). _The US Fed has already disrupted inflation trends and will likely shift towards more moderate policies in H1:2023. _This was not an excess bubble as much as it was a speculative bubble during the COVID supply disruption. Now, we shift back to more normal Revenue/Growth expectations. The US/Global markets are actively seeking a bottom RIGHT NOW. The reversion/reflation trade (bullish) could be very powerful. ---- ------------------------------------------------ Precious Metals will continue to appreciate - just like what happened in 2002~2005+. We are in the early stages of a reflation cycle (post COVID speculative bubble). The bubble has burst. Prices have deflated. A reflation rally is very likely unless some global crisis event disrupts the global economy. Gold and Silver will likely rally 35% to 55% higher over the next 2+ years (possibly higher). This is just like 2002~2005 all over again. ----------------------------------------------------------------------------------------------------------------- I believe it is time to start initiating "TOKEN" positions in deeply undervalued Technology, Energy, Consumer Staples, Healthcare, and other "relation" sectors. Follow my research.
NASDAQ:TSLALong
by BradMatheny
2
OECD Leading Indicator vs. Market Cycles - Updated 122022 Today's post is inspired by the work of @CMT_Association here on @TradingView, and is designed to give some insight into financial market vs. business cycle timing: We will be comparing various assets to the Organization for Economic Co-operation and Development (OECD) Composite Leading Indicator (USALOLITONOSTSAM) for the 🇺🇸. Keep in mind that readings above 100 (green dotted line) suggest economic expansion to come while readings below 100 suggests broader economic weakness, and likely economic recession based on history. Given the the index is currently trading below 100 , and possibly continuing to fall — what does this mean for the economic outlook going forward, specifically as it compares to S&P 500 (SPY ES1! SPX), DXY (U.S. Dollar), Federal Reserve Fed Funds Rate (FEDFUNDS), 2/10 Yield Curve Inversion (US02Y US10Y), U.S. Inflation Rate YoY (USIRYY), U.S. Unemployment Rate (UNRATE), Crude Oil (CL1! USOIL), Lumber Futures (LBS1!), Gold (GOLD), Silver (SILVER), U.S. Mortgage Rates (USALOLITONOSTSAM), and possible timing of the financial market(s) recovery? Let's have a look at some of the charts as they highlight that real economic weakness is likely into H1/23', paired with the potential beginning of a financial asset recovery as the business cycle works through its bottoming process. Chart Key for Composite Leading Indicator (USALOLITONOSTSAM): 📊🗝 Green Dotted Line (Horizontal): >100 = Economic Expansion Orange Dotted Line (Horizontal): Current Reading Red Dotted Line (Horizontal): Historic Danger Zone Black Dashed Lines (Vertical): Pre-Recession OECD Leading Indicator Peak If you want a copy of this chart, here is the link to make a copy: 📊👇🏼 www.tradingview.com S&P 500 SPX 1991-Present (Black Line) vs. OECD Composite Leading Indicator (USALOLITONOSTSAM): S&P 500 SPX 2006-2017 (Black Line) vs. OECD Composite Leading Indicator (USALOLITONOSTSAM): S&P 500 SPX 2016-Present (Black Line) vs. OECD Composite Leading Indicator (USALOLITONOSTSAM): U.S. Dollar DXY (Black Line) vs. OECD Composite Leading Indicator (USALOLITONOSTSAM): US02Y Treasury (Black Link) vs. Federal Reserve Fed Funds Rate FEDFUNDS (Blue Line) vs. OECD Composite Leading Indicator (USALOLITONOSTSAM): US02Y/US10Y Yield Curve Inversion (Baseline >0%, <0% Curve Inverted = Trouble in Markets) vs. OECD Composite Leading Indicator (USALOLITONOSTSAM): U.S. Inflation Rate YoY (USIRYY) vs. OECD Composite Leading Indicator (USALOLITONOSTSAM): Unemployment Rate (UNRATE) vs. OECD Composite Leading Indicator (USALOLITONOSTSAM): Crude Oil USOIL CL1! (Black Link) vs. OECD Composite Leading Indicator (USALOLITONOSTSAM): Lumber LBS1! (Black Link) vs. OECD Composite Leading Indicator (USALOLITONOSTSAM): GOLD (Black Link) vs. OECD Composite Leading Indicator (USALOLITONOSTSAM): SILVER (Black Link) vs. OECD Composite Leading Indicator (USALOLITONOSTSAM): U.S. Mortgage Rates (Black Link) vs. OECD Composite Leading Indicator (USALOLITONOSTSAM): Here is the updated release schedule for the OECD Composite Leading Indicator (USALOLITONOSTSAM) for 2023: 🗓 data.oecd.org Learn more about the OECD Composite Leading Indicator (USALOLITONOSTSAM) using the link below: 💡 data.oecd.org What is your takeaway(s) from these charts? 👇🏼
TVC:US10Y
by kylemusserco
Silver Breaking Out (upward). Gold/Platinum should followGold/Silver bugs - are you ready for what a lot of us have been saying for the past 5+ years. The base/bottom in metals back in 2015 was the critical base for the next big move. This upward price swing should be the next accumulation phase which will drive a speculative phase in about 3~4+ years. That speculative phase will be MASSIVE (should happen near 2027~2029). You gotta love when the world sits and waits for metals to move - then ignores the 40% rally in metals/miners in the early phase - right? Here we go.
COMEX:SI1!Long
by BradMatheny
XAUUSD D1: BEARS SHORT HIGH TP 1600 USD (SL/TP/SWING)Why get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like button and 🎁Leave a comment to support our team! XAUUSD D1: BEARS SHORT HIGH TP 1600 USD (SL/TP/SWING) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Tagged as SHORT as I expect LOSSES OFF THE HIGHS read entire idea DO NOT MARKET SHORT IT! 🔸 Summary and potential trade setup ::: XAUUSD daily/candle chart review ::: previously recommended ::: TO BUY DIPS near 1750 USD TP 1850 USD ::: bullish impulse still in progress ::: but BEARS get ready to SHORT HIGH ::: updated/revised outlook ::: getting overextended but ::: more short-term gains possible/likely ::: BULLS coming strong off triple bottom ::: BUT already overbought / nearly maxed out ::: selling HIGH is a great reload BEARS ::: 0.62 will likely terminate the bull run ::: get ready to SHORT HIGH and get paid ::: currently stay out / wait for FINAL PUMP ::: BEST RELOAD ZONE for BEARS 1865/75 ::: short-term expect more gains ::: HIGHER RISK strategy: BUY DIPS/PULLBACKS ::: FINAL TP BULLS 1865 USD / higher risk ::: mid-term BEARS will target 1600 USD ::: LOWER risk strategy BEARS: SHORT HIGH 1860/70 USD ::: TP BEARS is 1600 USD final EXIT ::: BEST/recommended strategy: see above SHORT HIGH ::: slow market so you have to be patient ::: SWING trade setup do not expect ::: fast/miracle overnights gains here ::: good luck traders 🔸 Supply/Demand Zones ::: 1600 USD fresh demand zone ::: 1860 USD fresh supply zone 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment short-term: BULLS/1860USD ::: Sentiment mid-term: BEARS/1600 USD RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
OANDA:XAUUSDShort
by ProjectSyndicate
48
Gold is targeting $1860 & $1899 - Beyond $2300 in 2023Gold is doing what Gold always does in a Deprecionary Cycle Phase - sets up a momentum base, then start to build a momentum rally. Current base level is near $1670 to $1710. Normal rally results in a $400 to $475 rally phase before exhausting. My initial targets, $1860 & $1899, are just the first stage of the rally trend. Upside targets for exhaustion should be near $2150 to $2225. Remember, this is just the start of this rally (just like in 2003~05). The real rally in Gold will start in 2027~2030. Follow my research.
COMEX:GC1!Long
by BradMatheny
Silver is up 32% from Sept 1 - Ready for the next move higher?Have you been following my research, weekly videos, and Custom Metals Indexes? If so, you already know why I've been telling traders/investors Gold/Silver are setting up just like 2003-04: building a momentum base over the past 24+ months. The next move higher (over the next 5+ years) should be incredible. Silver is up 32% over the past 90 days. Can you imagine what the next 500+ days will look like? Remember what happened to Silver between 2007~2011? Imagine that, but with a potential amplitude of 2x or 3x. Get ready, it's all just getting started right now. Follow my research. Learn why you need to prepare for the biggest opportunities of your life with my research/algos.
COMEX:SI1!Long
by BradMatheny
Burl Ives trade not looking too good right now (Silver & Gold)As the DXY rises, commodities generally will fall. Even though GOLD sometimes is thought of as more of a defensive asset and inflation hedge, that theory has been moot lately. SILVER and GOLD (the Burl Ives trade) will continue to languish in these downward channels on the weekly charts as long as the dollar is remaining strong. They are both extremely oversold on the RSI, but with the dollar as a headwind, the oscillators and indicators don't matter as much. Gold and Silver are essential for electronics; especially those to do with space and healthcare. but would be a no-touch area for me personally until I see the DXY break below 110 with an apparent break in the upward trend. If high inflation can't get Gold going, then I don't know what can. If the dollar does drop and the momentum for commodities changes, I would be looking to buy GOLD at 1600, SILVER at 18, then sell GOLD around 2,100, and SILVER around 27.
TVC:SILVER
by EBITDAtiger
Gold GC1 - A New ATH is Simply a Fantasy. But, a Big Trade Brewsis this thing that has traded like a boat anchor, as much of a boat anchor as Bitcoin . More or less not moving at all. Yet, as with all things, consolidation periods only last for so long before the volatility picks up again to draw in new attention. This chart is a huge amount of time and very wide ranges and so it's very hard to stuff the important info into the part associated with this call. You'll have to read my wall of text for it to all make sense. Many have wondered, myself included, how Gold could have failed to make a new high during its post-Russian Federation invasion of Ukraine pump to $2078. I myself traded this during that time and had months worth of longs established at $1,600, $1,700, $1,800 and missed the chance to get out at a profit, waiting for it to set a new high. I was very confused. Over the months, I have upgraded myself significantly and I now understand why. It's simple: Market makers were simply attacking the area above the '11 $1,923 ATH. The fact that no new high was made indicates that MMs are heavy on the sell. Unfortunately for goldbugs, this means that a new all time high is literally a fantasy. It will happen, but not until significant downside conditions are met. The total range equilibrium between the $1,069 low in '16 and the post-COVID ATH is roughly $1,550. Until gold trades below this area and there are indications longs are accumulating, there will not be a move towards an ATH again. This can be seen with a study of the monthly: And the Weekly: This is reality. Just get in line with reality and you'll be able to: a) Save losses b) Book gains Gold has traded, since September, underneath a key low, and has not followed its counterpart Silver in taking significant north-side runs. Today during FOMC madness, the one time that gold really ought to have gone up to draw in buyers based on the notion of inflation hedging, it instead ran into resistance at that $1,670 level. This mostly assures that gold is headed to new lows. In my opinion, there are two scenarios, the first is much more likely than the second, and bodes well for bulls: 1) Gold trades to the low $1,500s for a discount versus the COVID-hysteria lows for the first time in almost two years. Should it show signs of life here, Gold should reverse and head back into the $1,850-$1,900 area. But be warned this type of trading pattern will not amount to a run towards a new all time high, although it will feel like it, and all the "gurus" will assure you it will be. This type of trading pattern will constitute more selling, because a longer term move downwards is happening. 2) Gold loses all life and heads towards the $1,350 area. This will be long term bullish because, after what is likely to be at least a year of accumulation, it means that a new all time high is inbound. I believe gold will drop as equities rally more. I think that when equities start to dump, this time gold will go up, because it will drag in goldbugs and ancap types who think the dollar is on the way out and the gold standard is coming back. After you buy their bags at $1,900, gold will be crushed and you'll buy high and sell back low. Note that in terms of Commitments of Traders , although commercials are their most long they've been in three years, they're still not net long. You won't see them be net long until the $1,300s. But before then, we should see Gold mimic the patterns of silver , because more selling is in store. A final word: The biggest market risk right now is not the Federal Reserve , or a recession. Neither is it Credit Suisse collapsing. A lot of things are going to go up, and may even go up a lot (Don't believe it? Take a look at what the Dow Jones just did. Some components made a new all time high in the middle of your "Hawkish Federal Reserve" and your "recession."). The greatest market risk is that the Chinese Communist Party will either collapse internally or be thrown away by "Emperor" Xi Jinping as he, and the nation of China, struggle to survive what is happening. When that day happens, 20% days down on the indexes are going to come and there won't be any bounces. Wall Street won't be in such a mood to market make anymore, because all their collusion with the Chinese Communist Party and their implicit passive and active support of the organ harvesting persecution of Falun Gong will have many of their members scuttle into hiding. Just wait and see. Nobody thought the USSR would ever fall, and yet, it did. Overnight. Tl; dr Gold --> $1,500 with little upside in between. This is a bear trap. Then big bounce to $1,850. But the big bounce is a bull trap.
COMEX:GC1!
by LordWrymouth
13
GOLD TRADING IDEA 21 NOVEMBER Trade idea gold 21 November. - Optimistic numbers of retail sales pushed dollar higher with further hawkish remarks from Fed speakers did not let dollar to break below weekly support and demand zone at 106, keeping it stable for now, This week over some PMI focus and economic overall US data, there is Fed meeting minutes that will give us better indication on whether they are still keeping their tone hawkish or dovish. 50 BPS point is being priced in, -Chicago Fed National activity index today looking for the same number as previous. After a strong impulsive upside move, buyers were in control till price reached 1780 where is present a lot of sell orders waiting to be activated. Buyers started to fade out, and more sellers jump back in to provide that exit liquidity and now currently on its way to revisit 1730. We’ll be looking to play a continuation of the bearish structure. Trade set-ups for today. Pullback 1756 - 54 sell Deeper pullback to 1763-64 is sell zone Break and back test below 1747 is sell zone Buy breakout only above 1172-73. Sell at previous buyer's exhaustion zone 1784-1785.
OANDA:XAUUSD
by Fxoverseas
2
GOLD TRADING IDEA.Yesterday we had pretty mixed data with bettter than expected unemployment claims indicating solid labor market and really bad Philadelphia data, but the labor market hold much weight alongside some hawkish Fed speakers This week overall we had slower slower volume and volatility after break of 1730 we saw shift in market structure. Overall we are still bullish bias in higher time frame, but this week we can see exhaustion by buyers and not enough fundamental catalyst to move gold upside and continuous rejection from key level 1783-1785. We wouldn't prefer to jump in higher time frame gold buy unless we are breaking above 1774. Trade setup for today. Back test to 1755-56 will be a buy opportunity. deeper pullback to 1747 is another buy opportunity, break above 1766 key level is buy, Safe buy above 1771. on sellers side a deeper pullback to 1782-1784 level forming double top is a sell opportunity, Any move below 1744 is sell opportunity after confirmation in lower time frame.
OANDA:XAUUSD
by Fxoverseas
Gold will stall/revert to near $1708 before moving higherI know many of you are very interested in Gold/Silver, but you need to understand the dynamics of price, expectation, and the unwinding of risk. The current move higher puts Gold/Silver into new Fibonacci Bullish Trending. This is what we've all been waiting for. But, the move upward from these levels is going to be staggered/legged by bullish and bearish price waves - just like price always advances or declines. The peak for this current move is very near the current highs ($1780). I'm here to tell you I expect Gold to retrace to levels near $1705~1709 where it will establish a base for the next advancing price trend (targeting $1920~1935). Get ready. Everything I've been sharing with you over the past 2+ years related to broad market cycles is taking place. The US Fed has inadvertently trapped foreign markets and speculative cryptos in a blackhole that may pull many into oblivion. I believe this inadvertent move will result in a "new normal" that may reflect a massive debt destruction phase. Right now, it is too early to tell how this will all play out. But I do believe Gold/Silver are the global base of REAL VALUE going forward (as they have always been). Follow my research.
COMEX:GC1!Long
by BradMatheny
Waiting for confirm $DJI, plus other positions, 50% cash nowNO GAP $DJI UP so what now? Looks like there's still momentum, it's early in day Yesterdays HANGING MAN is warning sign, NOT a reason to go short, let's see how day fares Waiting for CONFIRMATION $ATVI is our largest position, rolled 1/2 $TWTR $ there $BHP #GOLD #SILVER Bought $VZ last week Own $INTC @ 28 $AMC last week Still have trailer $LEU Still hodl $CLX $MPLX $KHC Cash in major account is 50% In others it's bit less No "day trading/aggressive" $ used
DJ:DJI
by ROYAL_OAK_INC
Bitcoin and cryptos - time to bail? too late? safe haven?This custom chart that I post periodically continues to have excellent TA. Right now it's reflecting the volatility from recent crypto events, and less obviously but more importantly, that gold has bottomed. The spike upwards is showing us where things are headed - bullish for precious metals compared to cryptos. BTC *may* have found it's bottom (for now, though I see it headed lower still in 2023), regardless gold and especially silver will be bringing this ratio much much higher in the coming weeks, months, and years. So if you really want to maximize your crypto gains (this is not financial advice), it might be prudent (and for some, counterintuitive) to pull out of crypto (no, it's not "too late") and dip in to something that CANNOT go to zero: precious metals. But how you ask? There is a platform that does this reliably that I have done my own due diligence around (please do your own DD too), however trading view does not like me to tell you about it here. (Maybe check the comments ;) Good luck out there everyone!
TVC:GOLDLong
by greenvention
1