Gold and Silver has had a pretty strong run so far this year. As both precious metals are stores of value and have an ever dwindling supply (until we can mine asteroids for minerals), we can hope for the value to contiinue going up. Based on this pretty wide Fundamental analysis: mises.org We can count on this metals to be perform pretty well in the Long...
This ratio will help you to forecast XauUsd & XagUsd. When you forecast gold and silver next moves also use this ratio as an indicator. Currently this ratio is bearish, but expect some correction soon. Bearish ratio means XauUsd has more weakness than XagUsd, and vice versa.
Likely what will happen. Please correct me if I'm wrong. Thanks.
But yet is it safe to hold Fiat in a backdrop of infinite QE? TD approaching a 9 on the weekly.. Expecting a re-retest of the red 21 EMA or even down to the green 50 SMA, coinciding with the Ichicloud range. STOCH(pRSI) on the PRISM oscillator beenin an overbought state. Cyber Ensemble may trigger a sell in a mth or two..
Triple digit $100+ in the next 2-3 years is very possible imo. Correct me if I'm wrong.
Buy this DIP This will move down again perhaps tomorrow. Then See Silver above $30 and Gold above $2075 GLD SLV XAUUSD XAGUSD This will see big moves up on any news or moves down in SPX/SPY This is the only pull back short term. Expect more frequent pull backs as we see trend of Gold over $2500-3000+ Add to your existing positions while you caN.
If you're following along you will see that I have continued my Correlation research, hit the follow and like button to show support Following the topic of Correlation here is a visual of what is going on lately, this along a few Forex pairs is a great way to compare and contrast the full list of correlation. Also US Oil and DXY I didn't add those on this chart...
If we see a bounce from the lower trend, I think it is a strong buy!
The grey arrows are optional. But after a frenzied sell off like this, we should trigger some bargain hunters... who may end up getting dumped on. Bull trap? Long SPX Only.
Made this quick analysis on the current situation as we explore correlation regarding all the ideas I have shared. Using this as a guide in combination of other tools and strategies for confirmation. Focus on fundamentals to forecast market direction as well. This is for educational purposes and not financial advice.
THAT GAP AT THE TOP IS GETTING FILLED! IF THERE IS GOING TO BE A PROFITABLE DJI SHORT, IT IS AT 28402.9$! IF NOT, ZIMBABWE U.S.A. HAS ARRIVED!
As per the Chart Abbreviations; ND=No demand NS= No supply DW= Demand Wave RFSB= Resistance from Supply Bar SFDB support from Demand Bar SLK= Stop Loss killer SLKB= Stop Loss Killer Bottom DB= Demand Bar SB= Supply Bar EVRB= effort vs Result Bottom My Mentors and Inspiration Volume Analysis - Oleg Alexandrov (Tradingview name: Chartreadingpro ) Money and...
Phase 1 shows an uptrend, followed by a lower high, then had a retest of lower support, followed by a higher low, then we broke above prior resistance, followed by the same move. I'm looking for this same move again in phase 2 in the pennant. ^ Remember, it's Sunday so paying attention to this week's (CME) is important. Weekly close in just under 8 hours....
Orion Protocol $ORN/USDT is currently staking on KuCoin Pool-X at 41.5% APR gains! Over 70% of circulating supply has been staked in the first 2 weeks of listing - we are powered by Elrond $ERD which is already listed on Binance and if you go to their website where it says "incubators" under partners, you will see that will have ties with Binance X. Already up to...
IMO. I'll post another update to this chart in an hour. (considering it's a 15 minute chart - an hour would be 4 different candles) Good luck.
It has been a very action packed number of weeks on, and let's admit it, in an already red hot market. I can go on and on about the Federal Reserve, The Wall St Hedge Funds, the overinflated majority of stocks on (any) market today. But, is that really that much fun? I would be (to many of you) preaching to the choir, and saying nothing new. I thought that I...