During the next crisis you will see silver rise 2000% imo. Last time when dollar was in bear market silver rise 1000% except this next crisis will completely destroy the dollar as the world reserve currency imo.
Enthusiasm is leaving the building
That's a long way down.... :) Sitting on the edge of the cliff. Comparing price action in gold and silver today. Silver looks ready to take the lead. Metals setting up for a big rally. Looking back gold rose over $400 in two months 2011. Banks are used to dumping paper gold shorts hitting sell stops, driving the price down. Lately it looks like those sell...
Gold triangles, or pennants, are working out nicely. Same with latest Silver formation. I really like Silver's bullish flags at lower price, and Gold with it's triangle at lower price was a big move. Next week will be interesting.
Stochs and Channel deviation suggests a buy here for GORO
Silver has not been this cheap to Gold ever! The rising wedge is a bearish terminal pattern and should reward Silver investors almost 2:1 as far as gains, to those who stack Gold! Look for a confirmation in reveral with a break of 83:1. TARGET 50:1
Pullback, price tightening, uptrend,...inflation . Per Dalio, this is the end of the long-term debt cycle. Long gold and silver long term $SIL, $EGO, $KGC, $KL, $FNV; shorting the $IYT and $IWM on pops (day trades) Near-term Risks: trade deal with China and/or lowering of interest rates
Incredible things are happening with Gold. On a monthly chart, it turned Gaussian Channel into the green after 4 years and 4 months! We should be very excited ladies and gentleman. Check the past green channel and what happened to gold then. Remember to drop a like if you find this idea interesting. Disclaimer Remember to always Do Your Own Research. I am...
Entry: 851.23 Stop: 878.31 Targets: 837.86 804.22 800 795.78
Here is a video I created last night and forgot to upload. Talking about the YEN, GOLD, SPY
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.
$XBTUSD, $BTCUSD: A failed pennant Observing the $SILVER and $GOLD chart we can see similar chop, and violent shakeouts to our phantom fib level. In my opinion, I don't think the run is over. I do believe that if BTC regains the pennant territory, we could chop out some more before a swift leg up.
Fundamental: The main focus for gold traders remains the Chinese yuan mid-point fix because it seems to set in motion all the other events that have been driving the price action this week such as the direction of global bond yields and demand for risky assets.The People’s Bank of China fixed its midpoint for the yuan at 7.0136 against the dollar on Friday – the...
- The setups shown in this video are all in Hindsight. I did not take all the setups detailed in the video. - Learn to train yourself to see these examples by going through Price Action from the past and you will be able to see these form in real time and react accordingly. Common names people give to thses setups: Supply and Demand, Support and Resistance,...
Commodity and Fixed Income Series : Part 1 Commodities ( Ratios+the most popular and widely traded Commodities ) The Essential note s from this chart are the following( Indicator analysis included in the comments ): {4.5 minute read} To begin with the easiest part of the chart. The supports were identified on the quarterly chart which will be linked in the...