GOLD - Follow The Yellow Brick RoadAll you need to know is Gold just reached levels near the lower range of the Yellow Brick Road (YBR). The price channel Gold has continued to stay within should drive prices back higher if it is not broken by some external market event (think global collapse). Even then, if it is broken, Gold will recover and continue higher after a deeper pullback.
Right now, I see these lows as a fantastic opportunity to BUY THE DIP. Same thing with Silver.
These lower ranges present very solid opportunities for skilled traders. The next few weeks could see a solid rally back above $2100 - then targeting $2600 or higher.
Here we go. Get ready for a solid move higher over the next 5+ weeks.
GOLD-SILVER
US30Y: Rising Yield as the expectation of Rising Interest Rate?U.S. Inflation has surged significantly to 8.5% in March 2022, It hits a new forty-year high. As the Inflation keeps increasing month over month, The Federal Reserve is committed to tackling inflation by Rising Interest Rate, potentially 0.50% in May 2022. The rising interest rate will cause bond prices to fall. Consequently, The Bond yield will be increased.
Chart Perspective:
US 30 Years Government Bond Yield (US30Y) has broken out of the falling wedge pattern. US30Y is also accompanied by a golden cross on the MACD indicator.
We conclude from the macro and chart perspective, That is a potential bullish outlook for US 30 Years Treasury Yield.
The roadmap will be invalid after reaching the support/target area.
*Disclaimer: The outlook is only used for Educational Purposes, The Creator doesn't responsible for any of your trade position or other financial decisions*
GOLD: FALLING WEDGE, NEW LONG OPPORTUNITY?Hello Fellow Gold Bugs!
From a technical perspective, Gold is forming the falling wedge pattern. The trend analysis also indicates a bullish movement. Therefore, We expect Gold will move upward to the target area.
The roadmap will be invalid after reaching the support/target area.
*Disclaimer: The outlook is only used for Educational Purposes, The Creator doesn't responsible for any of your trade position or other financial decisions*
FOLLOW and LIKES FOR MORE CONTENTS AND UPDATES
What if I told you the SPX would rally to above 5800What if I told you the SPX would find support and rally to levels above $5800 over the next 4+ years? Would you believe me?
I doubt it, but my research suggests this current downtrend may be very short-lived.
Follow my research. Learn how my research can help you protect and grow your wealth.
Gold has bottomed. $1887 likely new support baseFollow my research. Gold looks very solid as a bottom here and I believe the next move higher will be to levels above $2133.
My custom index shows the precious metals sector has reached a 3.5 year BASE. The next 3.5 years should be almost STRAIGHT UP.
Get ready, this could be very explosive.
92e Uranium. Looking for a move higher$92e.ax
-Weekly candle holding the breakout.
-EMA's about to cross.
-Push past 0.62-0.630 supply and its away imo.
US Dollar may be very close to peaking - Metals will EXPLODEIf the US stock market breaks recent lows on continued selling, I expect the US Dollar to suddenly become much less attractive to foreign investors as US asset classes begin to devalue. If the US stock market starts a deep decline, the depreciation of assets will likely pull the US Dollar lower - over time.
This may now happen right away, as the US Dollar is acting as a safety net for global economies (and may continue to do so). But eventually, as that shine wears off, there may be a real risk setting up for the US Dollar.. AND, when the US Dollar starts to move lower, Gold and Silver will begin to skyrocket higher.
For those of you NOT involved in precious metals, please understand the strength of the US Dollar while Gold and Silver are trading near multi-year highs shows Gold and Silver are holding up exceptionally well. Particularly as global economies struggle to find support.
The countdown has begun. When the US Dollar turns lower - watch metals really begin to skyrocket.
Silver is going to EXPLODE HIGHERTake a look at this chart showing the disparity between US stock market prices, gold prices, and Silver from the end of the US Gold Standard (1971). All you have to see on this chart is the rally in Gold and the SPX recently. This is the EVERYTHING BUBBLE created by global central banks over the past 8+ years.
There has never been a time when FEAR and ASSETs have risen together like this. Global central banks have pushed debt/credit levels to extremes. Traders understand the risks and are already shifting capital away from stock market assets in preparation of a Fed rate hike. They know what comes next.
Silver has been so undervalued over the past 15+ years that the disparity between these price levels shows Silver has at least 150% to 300% upside price potential over the next 24+ months (or longer).
Now you know why so many people are talking about how the global central banks have fooled people into believing paper has any real value. Gold/Silver are value. Paper is just paper.
Learn from the Chinese. Over the past 6000 years, there have been numerous paper currencies pushed out as forms of value by rulers. Eventually - all of them collapsed. The locals realized this and continued to collect Gold and Silver (trading their paper for Gold/Silver when possible).
The unraveling of this EVERYTHING BUBBLE will be epic.
Follow my research.
GC - GOLD appears to be following IndicesWith the DX looking at a potential breakout on Overbought conditions, this appears to be shades
of 2008 May Timeframe.
A period where, against all odds then, Gold collapsed, seeing a similar pattern for GC now.
Silver appears to be leading the way as Gold in almost every Currency is breaking out.
______________________________________________________________________________________
Daily Gaps below, a MACD that illustrates deep divergences.
A break of 1850 on volume will provide a better indication.
AUMN - The Best 3-Year Setup I've Ever SeenIMO, Golden Minerals, AUMN , has arguably one of the best and most bullish setups I have ever come across. It will be fun watching this one play out. Amazing risk/reward play with easy invalidation levels as well to protect yourself in this trade.
The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important to do your own analysis before making any investment based on your own personal circumstances. Please subscribe to our channel if you like what you are seeing!
REKOR İÇİN SON ALIMLAR XAG/TRYGGümüş bugünkü düşüş ile birlikte 11.30 seviyelerine iğne bırakıp 11.50 seviyelerine çıktı. Bu büyük ihtimalle son alım fırsatıydı. Önümüzdeki hafta 11.20 desteğine düşürebilirler. Büyük yükselişe hazırlık neredeyse bitti!
11.60 seviyesinin geçilmesi ile birlikte 12 den aşağı düşmesi mümkün değil gibi.
SNX big announcement and current price actionFull disclosure: I am long SNX with a current holding of 3,035 tokens held on the Celsius Network. I am currently grandfathered in and still earning 14.05% APY despite the recent SEC ruling inhibiting non-accredited US investors (like me) from earning interest. Damn big government bureaucracies. Here's a recap on SNX price action since yesterday's chart as well as SNX news release on recent upgrades and additions.
Price-Action: The last two days of price action have been tough on SNX, but it still remains above its 20-day MA (moving average), meaning we are still within the overall recent bullish trend. If SNX falls significantly further from here, then the 20-day MA becomes another level of resistance on the way back up. Let's hope that doesn't happen. Hopefully, with the recent changes/additions to the Synthetix Network, a rebound will occur sooner rather than later.
From the E-News Release:
As part of the "Nunki Release...eight new perpetual futures markets were launched onto Synthetix Futures. Not only were Crypto markets added, but commodities such as Gold and Silver were also added. Synthetix is excited to be the first on-chain futures platform to support these exotic markets. The new markets are as follows: SOL, AVAX, MATIC, AAVE, UNI, EUR, GOLD, SILVER."
"SOL, AVAX, MATIC, UNI, and AAVE markets will join a growing list of supported cryptocurrencies available for leverage trading through Synthetix Perpetual Futures. These assets have been available for spot trading for a few months now, and Synthetix is excited to allow traders access to leveraged perpetual futures in these markets."
"GOLD, SILVER, and EUR will be the first supported commodities and forex markets available for leverage trading through Synthetix Perpetual Futures. There is nowhere else in DeFi where you can trade Gold and Silver futures fully on-chain. Synthetix is the first on-chain protocol to support these exotic markets."
"An automated keeper was developed to automatically open and close GOLD, SILVER, and EUR markets when real-world markets open and close. Due to this development, there will be no manual intervention needed from engineers to open and close these markets."
To read further details visit their blog (sythetix dot blog dot io) or visit their Kwenta platform to check it out live.
Closing thoughts: To me, these are tremendous strides forward and takes SNX to another level. The token is scarce, the platform requires its utility, further enhancing value. And the project is beginning to blossom into full maturity. I know I am biased, but I will say it again... I predict new ATH (all-time highs) by 2023... beyond $30, perhaps $50 to $100 range. My free predictions are always worth every penny. --Garry
BULLISH OUTLOOK STILL PREVAIL ON BRENT OIL, MOVING ABOVE $100?Hello Fellow Commodities Traders!
From technical perspective, UKOIL has broken out of the pennant pattern. The price action also indicated a potential bullish movement on the long run.
All explanation will display on the chart.
*DISCLAIMER:
This isn't a recommendation to buy or sell Brent Oil, only an Outlook from technical perspective.
*FOLLOW and LIKES FOR MORE CONTENTS AND UPDATES*
GOLD LONG TERMHello everyone,
What I see on the chart is a movement from 1780 to 2074 (294$) (old resistance) and its 61% correction to 1890.
There are some minor resistance ofc but the main resistance is 1965.
If this level breaks what we ganna see is a correction with a double bottom which most likely means a "NEW GOLD HIGH".
If gold breaks the 1965, ı will be watching 2040 - 2074 and 2184.
1811 is the support however I dont think we ganna test there. There is really good strong buyer on the 1890 levels.
Strategy, Support and Resistance 4/10/2022The cryptocurrency rally in Bitcoin, Ethereum, and Solana has stalled but Monero is actually continuing. The stock market this week will open at critical support. There may be one more opportunity to get into the Google and Amazon split rallies before they happen. Gold and Silver bullish breakouts have failed. Oil is sitting at a key support level.
Vox Royalty - Good updateAnother positive update from Vox Royalty Corp. ,
We just need to see the price action reflect the momentum on the ground.
Precious metals are holding up, so producers are able to make more money. Though inflation will hit them with larger CAPEX.
Royalty companies don't bare any of the extra costs but can a slice of the revenues.