Finally gold has reached our area of interest. Will be entering once the trend line breaks and other confluences align.
With the gold/silver ratio headed to 10-15 and a possible $10,000-15,000/oz gold price, silver headed to $1,000 is possible.
i believe gold will long today into and above the 1900 area
Chart of Astra-Zeneca, they are #developing the #COVID #Vaccine with #Oxford. Although they have had some issues with the vaccine, the chart tells something is coming... I am Projecting high quality example, by covering the most likely Predictiv and Effective way of #ChartReading Egde behind any upcoming movements. Is this sounds something #realistic ? Although...
As you can see on previous posts we took profit in on green zone at 1897. After today's news we had a rapid decline which bounced off the 50 & 200 MA keeping us in a bullish sequence. We are looking to engage long positions at lower level support zones unless we have upward movement confirmation in this area. Overall I want to continue following the upward trend...
Gold Broke our bull flag - entering a position around 1884 with a TP at resistance 1897. Currently we will see if we are rejected at the 1900 area & look to re-enter at lower levels or if 1900 level is broken we will re-engage trade.
Currently gold is consolidating in this triangle formation. We executed a quick trade on the bottom support with a TP at 1888 top of resistance for a trade before the weekend. We will now stop all trading to secure this weeks profits and wait for a break of this triangle. We are still buyers following the bullish trend looking for the best levels to buy in. Be...
Hi all, That is not investment advise, gold / silver ratio price action working on gartley harmonic pattern 1.414BC --> 72.672 AB=CD ---> 72.569 0.786XA --> 72. 409 Under 1.0XA Stoploss ---> Under 68.8 ---> invalidation level If 1.0XA breaks gartley will convert crab harmonic TP1 --> 77.414 TP2 --> 80.512 Trade with care ht.
Technical Analysis We have broken the long-term resistance trend that had been in place for almost 10 years. RSI is very overbought, but this market has proven overbought can stay overbought for a long period. In the chart there is 3 potential targets for Copper in the long-term picture. There are several place to take profits and/or add on pullbacks. (These...
Our team played the breakout from the H&S Pattern securing 1833 - 1850 profits. We re-entered at 1852 with a TP1 1858 TP2 1860. Posted in our previous posts. Now we are looking for re-entry. Do not enter here. If we fall Back to a strong support that can be good re-entry. If we break a strong resistance that is also a good entry point. Ultimate target 1900....
$CKG Trend line Price target - $9-10 in April
I hope you enjoy this video and learn from it Why I went short Where will I stop Where can the price rebound How do i manage my positions (on live account) Why Ripple is not Bitcoin Why Ripple is to bitcoin what Silver is to Gold
The Broadening Wedge Ascending pattern forms when the price of a security progressively makes higher highs (1, 3) and higher lows (2, 4), following two widening trend lines. This pattern may form when large investors spread their buying over a period of time. The theory goes that after initial buying occurs, other market participants react to the rising price and...
LONG opportunity. great risk to reward setup