And so, at the close of trading this week, the level of 1830 is expected. Today is the hot news (Nonfarm payrolls)! There should be enough volatility for Friday. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
And so, on GOLD again there are no changes. Until the stated target in 1830 is achieved, it is not worth talking about further actions. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments
And so, the market is patiently waiting for the long-awaited level of 1830. It is important to know how the price will react at this level, and it will be possible to think about the further advance of gold. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments
tracking all 3 major indices priced in gold, we can start to speculate where the dip could happen. dow to gold seems to be the worst of the three, possible dragged by energy and financials. Markings show a negative divergence in rsi vs the price action. Of course speculation on reversals is stupid and risky, but I still enjoy this hobby :D
And so, as you can see on the chart, the downtrend channel was broken at around 1800. In the near future, the price is expected to reach the target of 1830. Then the targets are potentially opened: 1865 and 1903. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments
Bearish wedge, break-down and perfect back test. Hold onto your hamburgers.
Fibonacci 61.8% also coming up, and aligned with the top resist of the rising bear wedge. #btc $btc #bitcoin. Classic bear market rally action on steroids.
they say that the measured move from a successful cup and handle/inverted cup and handle is the distance from bottom of cup to the rim.
Hello everyone, if you like the idea, do not forget to support with a like and follow. Palladium is approaching around a support zone in green so we will be looking for buy setups. on H4: Palladium formed a valid trendline in orange but it is not ready to go yet. Before we buy, we want the buyers to prove that they are taking over again. Trigger => ...
Just also realized this: the build-up on this bearish rising wedge, in comparison to the last big one that marked the top for #bitcoin, was much FASTER and BIGGER. Right here could be the last chance to sneak out profits for a long time. Just a fair warning.
XAU/USD – Weekly What a week! $1670 held again as support during the Monday morning flash crash (which was most probably driven by a large liquidation). The weekly candle looks ugly but in terms of the range and support level I talked about last month there is not big change in the bigger picture. For the patient traders who work with limit orders it was a good...
Hello traders: Let's take a closer look into GOLD and SILVER. As we have seen some strong bearish moves from market opens this week, let's take a look at it from a technical, price action point of view. GOLD From my previous outlook on GOLD: Price indeed made a push down to the swing lows, which could be forming double bottoms. What we need to watch out...
First a video youtu.be Vox Commences Trading on OTCQX TORONTO, Aug. 10, 2021 /CNW/ - Vox Royalty Corp. (TSXV: VOX) (OTCQX: VOXCF) ("Vox" or the "Company"), a high growth precious metals focused royalty company, is pleased to announce that its common shares are now trading on the OTCQX® Best Market under the ticker symbol "VOXCF". The OTCQX Best Market is the...
Hello everyone, if you like the idea, do not forget to support with a like and follow. PLATINUM is sitting around strong support in green so we will be looking for buy setups. Before we buy, we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right? on H1: PLATINUM is forming a channel in orange but the...
Gold is in a decision position Gold can re-enter the waning wave enter : 1760 tp : 1689 sl : breakout bar 1761 good luck
Hello everyone, if you like the idea, do not forget to support with a like and follow. GOLD is stuck inside a range in the shape of a channel as shown in blue. And it is currently sitting around the green support zone 1800.0 The highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue...
Potential move for XAU, If we see a sell off in the DXY, I would wait for market volume before deciding to take this trade, and a bit more confirmation in the candles, but we may be able to buy XAU, up towards a target of $1827
What brings about the Fear cycle? A loss in CONfidence. The TINA Argument has remained valid for sometime. It is axiomatic. Does one buy Binds with a 100% assurance of Negative Returns? You first. Does one protect their wealth in Bitcoin? No thank you, it is a trading Instrument with ZERO intrinsic Value relative to any price. Do Central Banks enjoy...