I initially had a target of 93.15 for the dollar index. The target has been reached and the price broke the level and the next estimate is 92.66. There is also a possibility of over performance to the 91 level. EURUSD is currently in a very significant level and if the level repels the price (which it will most likely do) it probably will be followed back by a...
Se BLY.ax for a preview of what major Drilling will do. major is the biggest cat in town this time, Boart Longyear out of the picture.
After doing a 5-second analysis, and looking at the existing correlations ... We are faced with the opportunity of thousands of pips! SELL!! Correlations: EURUSD EURCAD EURJPY GBPUSD GOLD SILVER ...
Most of my followers know my take on Gold and Bitcoin when it comes to the macro environment we are in. We are deep into the confidence crisis. A confidence crisis in governments, central banks and fiat currencies. I have said you NEED to be in Gold and Silver, and I think holding cryptos is prudent too. In terms of the confidence crisis: Governments are broke....
Great Grandpa led the way... Now follow the golden road! That Young buck will over-perform due to the only Hedgefund and retail/retirement option in standard brokers driving premium!
This chart shows the price movement of gold and silver vs. real 10-year treasury bond yields, which are now at nearly -1%. As you can see, gold has a *very* strong inverse correlation with real 10-year bond yields. Silver is correlated too, but it has long periods of under- or out-performance vs. gold. One way to play this is to wait for silver to get far away...
GOLD bullish: to 2000 & maybe 3000! Technical analysis After the last bullish signals, after breaking the monthly uprange, we had a real profits on GOLD on the channels this last days, congrats if you were following!
If you need a demonstration of how Triangle Patterns work .... Just look at this chart
A squeeze is a period of consolidation prior to a move (usually explosive) in a particular direction. As you can see, Silver is currently in the beginning stages of firing a quarterly squeeze, this is extremely important as it a strong indicator of the macro environment that we are heading into, namely, one with very high inflation expectations. This is not...
Bullish $BTC above green price line. Showing a breakout of the wedge pattern, I expect high moves to the upside following the path of $GOLD $SILVER. Long past $10,200/ USD due to increase in monetary of supply and eventual commodity price inflation. This should be the breakout week in my humble opinion, but continue to watch for the move above $10,200
RETAIL TRADERS WERE ALL FOOLED BY THE BOGUS DOLLAR MILKSHAKE THEORY AND WERE PUNISHED FOR THEIR HERD MENTALITY! CAPITAL IS FLOWING OUT OF U.S. DOLLARS AND INTO OTHER CURRENCIES AND PRECIOUS METALS! THOSE WITH AN UNDERSTANDING OF AUSTRIAN ECONOMICS HAVE SEEN THE WRITING ON THE WALL, THE DOLLAR IS FAR FROM THE CLEANEST DIRTY SHIRT IN THE HAMPER OR A SAFE HAVEN, IT...
AUG/USD is approaching a very significant Resistance Zone. This indicates a possible Strong Bullish Reversal. Keep a lookout! I don't personally trade these but I did notice a possible setup for major pips! What's your opinion? Let me know in the comments! Much love, - ALPHALICIOUS Disclaimer: This is my personal opinion of the current market. I am not...
Sprott is building power for an explosive 15% move up in short order. Nice entry point here. One of my key holdings.
Consolidation window shown from my charts. I predict a huge price move up (or down) by Setpember/October, if not sooner. Higher chances of moving upwards to due the supports after last weeks green candle, and general correlation right now with the gold and silver markets. Very bullish we get a weekly close above this light red line of resistance, formed since Dec...
I will give a brief analysis on all the major assets + charts with my TA -The Euro is getting somewhat overbought, but technically it is really strong. Most people are long USD and most people are bearish on Europe. With US rates falling so much and Europe most likely coming to an agreement about debt, as well as the potential of the Dollar cycle having turned...