the xauusd price is on DAILY SUPPORT 🔥 i predict a bullish move 🚀 waiting for BREAKOUT🔥 TARGET: 1829 🎯
Well, 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...
Feels like gold is still bullish pre-London. Damn it. This battle is taking way too long.
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...
Gold is testing a consolidation resistance formed for 520 days. HUGE MACRO breakout will happen. Silver to follow for bigger gains. Also BTC BTC bubble is popped, and digital gold will now be in the dumpster its time for real gold and silver to shine Wait for confirmation of breakout though before entering as we could reject here
My forecasts have been confirmed since my last analysis of gold. Therefore, I assume that in a combination of bad economic numbers from Omicron, lack of business numbers and further trending of silver towards the north, the price of gold will pick up speed again. After that, however, there should be a stronger sell-off again, as usual, on a more familiar...
simple idea. Cant go wrong. best time to fill your bags is now
I am taking a position in short gold and silver today as I see the last wave of the inflationary cycle coming to an end as well as oil could still see 88/92 but with the fed looking to reduce inflation in this next cycle . sp and qqq are still in the 1987 crash pattern we have 5 more black days to come
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...
Yesterday, Gold has broken above a very important level, 1830, a level that acted as resistance since July last year, and at this moment we may wonder, is this just a spike, or Gold has resumed its long-term uptrend? Looking at the posted weekly chart we can see that after the strong reversal that followed August's low, the yellow metal has put in higher lows on...
Silver is at $24.15 resistance. Gold is at $1841 Gold and silver advanced seriously this morning at around 9am 1-19-2022. Silver is at $24.15 resistance. Gold is at $1841. AG is up 12% today this morning. GOLD is up 7-8%
Gold and silver advanced seriously this morning at around 9am 1-19-2022. Silver is at $24.15 resistance. Gold is at $1841. AG is up 12% today this morning. GOLD is up 7-8%
Ok, so at this moment in time, the count on the chart suggests that gold should sell-off. Alternatively, we may continue rallying to form a red wxy. All that is not consistent with a likely bounce in stocks. I have 0 positions in stocks and heavy shorts in gold , therefore I am biased and can be a victim of confirmation bias. So either gold decouples from stocks...
It is a bit premature but, I think, the bearish case is getting stronger. The price is drilling through MAs support on hourly charts and is below MAs on minutes.
I was chatting to a techie friend of mine (Thomas Anthonj) last week and he told me to have a look at the gold/silver ratio as he suspected that it has completed the 5th wave of an Elliott wave count, so this morning I took a closer look and yes, I think he is right. In addition, the market has remained capped on the topside by its 200-week ma at 82.10 and we...
I believe a big 3rd wave up for gold is progress which should take gold towards $10k. Gold miners are about to go on the biggest bull of all times since 2008.
On Friday, the sellers were able to bring the price back under the resistance line, which stopped the price from moving up. However, this upward movement is expected to continue next week. There is a strong support near the level 22.65690, which the sellers will hardly be able to overcome. Thus, near the specified level, you can look for entry points to buy next...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* The volatility in the markets as of late has gotten boresome. Up and down,...