Silver One is a very bullish play at this particular time **NOV-21 Multiple headline exploration news aimed towards year end for the Rich Gold / Silver - Copper Cherokee project. Surface sampling along the Cherokee vein system has returned multiple select surface samples in the 100's g/t silver range, with highs of 954 g/t silver and 4.8% copper at Cherokee, and...
We see 2 pretty identical patterns that have played out. I wonder if Gold is in for a correction in the next couple months. What do you guys think?
silver do exactly just like my previous analyze (link to the previous idea in description )... for now , i think silver is going to create a nice head and shoulder and after creating the head shoulder we will be buliish on gold and silver but for now i am bearish on both of them
Hello Enthusiast Forex Traders! Here's short-term outlook for AUDUSD, Please give us the thumbs up and support the channel by Smashing the FOLLOW button :) AUDUSD already retested the bullish trendline. Afterwards, AUDUSD is breaking out of the falling wedge pattern. The price action indicates a potental bullish bias ahead to the target area. The MACD crossed...
When I was recently looking at the gold prices chart from the perspective of the coming months, I saw minor indications that prices may break through the strong resistance around $1800 per ounce. But all major movement start with minor steps. And within the coming week we may get a first clear sign about the rising of gold prices. If we look closer at the bullion...
Hello Enthusiast Forex Traders! Here's short-term outlook for CADJPY, Please give us the thumbs up and support the channel by Smashing the FOLLOW button :) CADJPY is breaking out of the descending broadening wedge pattern. Breakout of descending broadening wedge pattern indicates the possibility of bullish movement. The momentum indicator crossed above the zero...
Platinum looking pretty solid folks! Nice run now trying to negotiate an important subchannel resistance line.\ See how the lines tell teh story? You see? Magic!
This chart shows DXY over an equal weighting of gold + silver + crypto. The idea is that these asset classes could potentially replace the dollar in global reserves, thus weakening the dollar. During a downtrend in the dollar starting in March 2020, we see a channel up in the dollar while alternative assets even sell off during the same period. In this ratio...
It appears the US 10 yr is temporarily topped out. With Gold and Silver holding up despite very bearish outlook sentiment, this catalyst could be the final barrier in the way for further upside of PMs. DXY also seems to be breaking down from weekly chart bearish ascending triangle. *first shared idea… please forgive the lack of technical viewpoint. Just my...
Hey traders, A lot of questions about Gold. Analyzing a price action on a daily and following the impulse legs from 1721 September's low we can derive that the market is trading in a local bullish trend. With an initial bullish impulse to 1781 and a retracement to 1745 the price managed to set a new higher high higher close then. Now the area between a...
everything is clear im bullish on gold overal and i cant imagine that it could be bearish more than this . but we dont predict market and we will enter trade on both direction if each one of our condition came true ! have nice weekend . good luck
Here's your weekly update ! Brought to you each weekend with years of track-record history.. Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
And so, GOLD in the near future would maintain a neutral position, it would be in consolidation. The resistance area 1770.658 - 1785.288 would keep the price from going up. It will not be so easy for buyers to punch it. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
Hello Enthusiast Forex Traders! Here's short-term outlook for AUDJPY , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :) AUDJPY is breaking out of the Falling Wedge Pattern. Breakout of Falling Wedge could indicates the possibility of bullish movement ahead. The momentum indicator creates a bullish divergence, it signify the...
$GOLD with the progression of the vectors/gradients through the bullflg. TEXTBOOK ! BOOM!
Clean range breakout assited by POC support. The follow up should be bullish.
And so, the Euro is trading at 1.15630 ahead of the NFP. Analysts predict a positive NFP for the US dollar. Also, the currency pair remains bearish mood. A scenario is quite possible in which immediately after the release of news data, the price would sharply fall to 1.15000 and, most likely, rebound up again. The price range today is the price area 1.15000 -...
US Dollar index (DXY) shows the USD is close to the end of a bearish wedge (green lines). This is similar to the last bearish wedge (blue lines). USD should fall soon, possible with further news of infrastructure bill, debt ceiling solved, etc. When USD falls, everything priced in USD goes up, including BTC, stocks, and commodities like gold and silver. Should...