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GOLD-SILVER

Gold UpdateDespite a very impulsive move, gold waves are difficult to count. I even assumed on this chart that the whole move could be wxy in wave 1 of a leading diagonal. There is no divergence on RSI meaning that there should be new lows very soon. At the same time gold can easily rip shorts in a very sharp countertrend move. Gold is notorious for doing wild unexpected swings that only later come together as jigsaw pieces of standard patterns. I will refrain from labelling the smaller waves so far to let the count reveal itself.
OANDA:XAUUSD
by Fomenka
1
USDOLLAR: BREAKOUT OF BULLISH TRENDLINE? or ANOTHER BULL RUN?Hello Enthusiast Forex Trader! Here's Long-term outlook for USDOLLAR , Support the Channel by smashing the FOLLOW and LIKES Button, then Share your opinion on the Comment Section below :) *USDOLLAR creates a Descending Broadening Wedge pattern on Daily Timeframe *USDOLLAR is moving above the Exponential EMA200 and bullish trendline *Stochastic is pointing up in the neutral area, it could indicate a bullish momentum ahead. *If the price exceeds the support area, it will invalid the roadmap and USDOLLAR can move in bearish phase/sideways DISCLAIMER: This isn't a recommendation to buy or sell currency pairs, only an Outlook from technical perspective.
FX:USDOLLARLong
by financialfreedomgoals101
2
Markets hint at Major CrashThis review comes from evaluation of prices from multiple markets including Silver, Gold, Bitcoin/crypto and Stocks (specifically sp500) Silver has increased volume on the daily chart and dropped sharply 3-5% Gold similarly has sharply dropped with increase volume SP500 also has plummeted over the past couple weeks. There is mass exodus in multiple markets across the board with increase volume. Be on the look out for bull traps preceding further sell off. This is a speculative review and not advice for trading. The market is not healthy at current levels and most experts would agree. There may be money to be made but it is not by healthy growth which I would consider a poor investment.
U
by The_Yeager
HOW-TO: Cosmic Cloud #1📡 INDICATOR Cosmic Cloud 👩‍🏫 HOW-TO CONTENT This how-to shows that even price movement during major events like global market crashes adhere to the indicator levels. ✅ POINTS the price drop starts after reaching a resistance level (top-left chart) or the price drop is confirmed by a downward breakout from one of the support levels the 2020 stock market crash (👑) reaches its lows at various Cosmic Cloud supporting levels 🔔 USEFUL ALERTS Resistance Channel Re-entry ↓ Basis Test ↓↑ Support Channel Entry ↓
TVC:DJIEducation
by cosmic_indicators
XAUUSD UpdateWell, what I can say. Last stronghold stood. I take yesterdays move as a confirmation of the bearish scenario we maintained since November 2021. See historical posts for the big picture or it is more convenient to read Weekly Updates on the website. Of course, it is too early to throw in a (beer) bear party, we'll keep quiet and watch. Wave i on the chart is only an illustration of the possible roadmap. It can be shallower or deeper, we will label it as soon as it takes shape. It would be good to offload some short before wave 2 kicks in, but we will not make hasty decisions. If the count is right we are in wave c and it can be brutal. If the price recovers and takes out the previous high - I am out.
OANDA:XAUUSDShort
by Fomenka
2
GOLD: A run to $2K? Looks bullish right?As the DOW, S&P, and NASDAQ begin to shake up, it is expected that investors will park capital in GOLD. However, gold has historically under performed leading up to the Feds decision on interest rates. In the short-term, I think GOLD will re-test the $1500 area. A clear bullish pennant can be seen as of now, but I will wait for the pattern to develop more before adding to my position. (The monthly MA100 is at $1444.01) __________________________________________________________________________ - A bullish pennant indicates an upward continuation in price ;)
TVC:GOLD
by TTECH
The Commodity SUPER CYCLE is upon us!Hello All! This is a macro view of Commodities (Metal, Energy, Livestock & Meat and Agriculture). As you can see we have broken out of the falling wedge formation and we are pushing towards 4 main resistance levels. Commodities have not hit a new all time high since 2011 which was during the low of the housing market crash. These levels will be key economic indicators moving forwards into 2022 and beyond. Right now the upward trend has not broken, the levels to watch are posted on the chart. 1. Metals are forming long-term bullish patterns & recent high increase in inflation 2. Meat & Livestock prices have been rising (you can see this in the grocery store) due to Covid & other factors. 3. Gas & Coal have been rising bringing Electric higher. Energy crunch. 4. Energy & Fertilizer prices are increasing which in turn increases agriculture costs. Economic factors have been driving these prices higher across the board. This in-turn will increase the cost of living.
SP:SPGSCI
by GenesisGo