Hello Traders, Here's my analysis for XAUUSD , make sure to take appropriate stop loss ! Trade Safe
Monthly chart with a huge breakout and retest of the 83 level. Target is about 130 on the gold/silver ratio if this is correct and we don't return under 83 anytime soon. This means that Gold will outperform silver long term - but keep in mind there are two possible scenarios to this 1. Both rise but Gold rises much more than silver 2. Both fall but Silver...
Normally, Gold and Silver are non-correlated to down-days in equities, such as the SPX. However, during times of an impending bear market, algo-bots seek out massive liquidity for epic margin call losses. This has nothing to do with Gold/Silver being safe-havens or not. This is everything to do with liquidity issues. In the time of the bear market of 2008, Gold...
There's no other way to say it and no one should deny it- so I'll be the first to announce formally that for the first time since this Gold run began since we broke 1350, I was completely incorrect on what would happen from the 1689 level. All technicals were completely blown off the face of the earth and every asset class plummeted and not just for the US, but...
FOLKS & OUR FOLLOWERS, SEVERAL DAYS AGO WE TOLD EVERYONE THAT GOLD WAS A BUBBLE - SHORT IT.!! GOLD CRASHED AND WE MADE A FORTUNE NOW WE'RE BUYING STOCKS BECAUSE THE CHINA VIRUS IS "FAKE NEWS" - THE REGULAR FLU KILLS OVER 600,000 PEOPLE WORLDWIDE PER YEAR STATS LINK www.medicinenet.com THE "FAKE NEWS" CHINA VIRUS IS NOT EVEN COMING CLOSE WHY AREN'T STATES...
With the global market in full melt-down mode, many people are wondering: why the hell is Gold and Silver falling with equities and why are mining stocks selling off? The answer is an algorithmic fake liquidity dump before the actual rally to 2000 begins off the basis of fear as per the equity markets. We are currently completing the handle from the 5 day cup...
I will be keeping eye on SLV somebody holding this thing down but SUmbody gonna get a hurt Reeel Bad
Check out our chart on gold mining stocks. If you look back, you will see how gold mining stocks always boom during election years as political and economic uncertainty take hold. Expect anywhere from 200% or more in the price of NGD . The price has been in a descending channel , but it looks like it has recently broke and flattened which could only mean it is...
FOLKS, EVERYONE, WELL MOST, POSTED NEGATIVE COMMENTS WHEN WE SAID GOLD WAS A BUBBLE RUNNING ON HYPE, FEAR, PANIC AND MOST OF ALL, "FAKE NEWS" WELL...GOLD DROPPED LIKE A ROCK FROM ITS HIGH TODAY LIKE WE SAID WAS GOING TO HAPPEN WE MADE ALMOST $20 FROM TODAY'S HIGH SHORTING GOLD WHEN IT HIT $1688.66..!!! AFTER HOURS ITS STILL SINKING AND VERY ACTIVE AS TRADERS...
WATCH WHEN SEVERAL DRUG COMPANIES LAUNCH A CURE...GOLD WILL TANK! BREAKING NEWS... Coronavirus treatment: Vaccines/drugs in the pipeline for Covid-19 www.clinicaltrialsarena.com GOLD IS WAY DOWN FROM WHEN WE FIRST POSTED TO SELL GOLD...WE MADE A HUGE PROFIT ALREADY! DO NOT SELL STOCKS INTO THE "FAKE NEWS" PANIC...GOLD IS OVER PRICED, HYPED AND FRANKLY, THERE...
FOLKS...LIKE WE'VE BEEN TELLING YOU... THE FLU KILLS OVER 80,000 PEOPLE A YEAR IN AMERICA ALONE. THE CHINA VIRUS IS "FAKE NEWS" AND THE "FAKE NEWS" CONTINUE PUSHING THEIR CORRUPT AGENDA TO TANK THE ECONOMY BEFORE THE 2020 ELECTION FACTS AND STATS FROM THE CDC...SEE LINK The World Health Organization estimates that worldwide, annual influenza epidemics result...
There are several stocks that are worth considering in this bottoming of the Uranium cycle. Some have better looking charts than others, and some have held up better than others. Yet, I've decided to go with $UUUU, even though it has not held up best thus far. Technically, we may have just seen a capitulation-esque move, setting up the last best chance to get in....
A lot of people have been DM'ing me asking for a concise chart on what the long-term outlook is for Gold, so I have gone ahead and created a quick chart here. A similar type of idea for Silver can be translated from this, however, Silver will be extremely parabolic as it has massive 'ground' to 'make-up'. To refrain from excessive repetition, people can kindly...
As per many of my ideas dating back well before anyone else spotted the impending rally - infact dating back before Christmas - we have clearly broken out in Gold. So whats next? Firstly to note - the coronavirus. This virus has been grossly underappreciated in the equity market. In fact, this will not only demolish at-least Q1 of China's GDP and a huge portion...
HL has been consolidating pretty hard for past week and two creating a range while in an uptrend with emas. The MACD is showing a reversal is already happening with a major move next month. I’m going long with a target of $4, yet we could see a long term target of $6. The $6 option is in September and is a speculative with gold breaking out and with silver...
SHORT GOLD LIKE CRAZY! THE GLOBAL CENTRAL BANKS ARE ARTIFICIALLY PUSHING UP THE PRICE OF GOLD AND USING THE DIRTY CHINA VIRUS AS THE REASON BARRICK ALONE HAS OVER 71 MILLION OUNCES OF GOLD IN RESERVES AND THIS IS NOT COUNTING ANY OTHER COMPANY OR COUNTRY THIS IS ONLY ONE COMPANY, ADD UP ALL THE RESERVES OTHER COMPANIES ARE HOLDING AND THEN TOP THAT OFF WITH THE...
Could Barrick Gold make a multi year Leading Diagonal? Could we see $37 in Sept 2021 hitting the 161.8% extension of wave 1? Then to retrace 38.2% by March 2024 to $24 before finishing the leading diagonal at $55 in March 2026 Could the leading diagonal end at the previous ATH back in 2011? Such a long term estimate is difficult but I would like to come back to...
Checkout my other post for some fundamentals, looking at the long-term chart view of AGLD we can see that a possible bottom has been carved out and is forming a bullish inverse Head and Shoulders pattern. As gold continues to rise, the un-hedged production at Austral will continue to generate cash to fund drilling and acquisitions without dilution. A dropping...