Looking at Junior Gold as the next big market to trade, obviously due to rising gold and silver prices, but I like this company for a few reasons. Obviously being in South America the local currencies are trash (EM FX at record lows) so costs will likely remain low, especially if oil remains relatively cheap. Recently margins have begun to grow due to rising gold...
XAUUSD Short -27 rejection multiple times on 4hr, daily.... also at yearly resistance 3 second tp maybe 1557 as a stretch goal for 3rd tp
professionals adding long positions in gbp, while chf all the time high resistance area and suspect medium term bearish reversal in chf.
As I correctly predicted on several occasions over the past month beginning with the Pre-Fed liquidity dump that people got trapped on, into a prediction back several weeks ago regarding 1700+ being highly likely in March, its all about forecasting the trends that people fail to realize and accurately forecast. My predictions have remained quite consistent and...
Franco Nevada is a phenomenal company that focuses on the royalty streaming platform (significantly muted risk) of precious metals and dips into other miscellaneous sectors (PGMs, Energy, etc). What's interesting is Franco will continue to surge faster and faster as Gold and Silver continue to go higher and higher, it really is that simple. This is not a mining...
System T Performances: Annual Compound Profit 40%, Win Rate 55%, Risk/Reward Ratio 1:2, 20 Years of Backtesting Data, Over 100 Markets. * Click Like and Follow to Support My Work! --- Hi Traders, I'd like to introduce the System T, a computerized trading system that analyzed and backtested the 20 years history data of over 100 markets. This post is my sharing...
Hi I am MartyBoots and I've been trading the markets for 13+ years This is a video that talks about market bottoms and why we can expect huge moves in the crypto market .... Yes you can can call it an ALT SEASON if you like In this video I want to show you the exact pattern explaining the bottom Then over the next few days I will make a video explaining the...
ROCK SOLID EARNINGS REPORTED THIS MORNING Barrick Gold (GOLD) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 21.43%. A quarter ago, it...
H4: - Structure: Downtrend - Tendency: Downward - Rejection of Resistance and 61% fib level - Candle: Bearish Engulfing - Pattern: Rising Wedge => SELL
Silver will begin to work on the almighty Gold:Silver ratio that has been "out-of-whack" for many years. At this point in the near-term, specifically in February and March, I believe we will see an 80:1 ratio before a slight seasonal bounce come April/May/June. As we butcher our way through the latter portion of 2020, Silver will work on the ratio once more in a...
This chart is a follow on from my previous chart "Fools Gold?" and is an additional visualization to help us understand the relative value of Gold through recent history when adjusted for inflation. I've also added Silver in for comparison.
looking for potential sells on xauusd next week .. selling alllllllll next week is the game plan imo atleast thats what im seeing rn .. gold pushed up to create a new high so im looking for new lows .. so will let it play out and trade this sometime newyork session maybe ..
could see us30 continuation to the upside and around here is where i see us30 creating its higher low .. so will be looking for gold to finish creating a lower high then dropping hard .. will see
Gold is currently undergoing a 44-45 total day fractal period of somewhat consolidation within a channel similar to what we saw this past summer. What we have our eyes on now is likely a very strong pre-breakout technical pattern that will ultimately break to the upside as early as next week. Based on many key indicators and technicals it appears that broader...
Around Christmas time I made two bold predictions: JNUG and USLV would be sharply higher by April (or before) and my prediction still remains. It appears both Gold and Silver have held support and are mirroring the move from this past Summer where both failed a break-out, maintained support, consolidated, and are now grinding higher slowly before a large...
Investors must remain extremely careful and avoid investing in equities right now unless you are betting on pre-earning plays or huge momentum stocks like Tesla. Until there is at-least some form of slowing in the coronavirus, or at-least minor containment, all you will be seeing are dead cat bounces (which happened twice last week alone). If you long equities...
Virtually set in stone: its prime time for Gold and Silver. The fallen descending wedge from early January set the stage for the next rally that we are about to see before us. What started as a shooting star into a fallen descending wedge eventually formed a cup to handle to a Pre-Fed breakdown (fake-out) into consolidation. Now, we await the rally that will come...