If you treat gold or any investment as a cult this is what happens to you AN statement - when I was betting against America and the future of our kids I used to wake up each day and turn on news hoping to see disaster so my crummy pm stash could increase in value. I was like a cheerleader with him poms with skull and crossbones emblazoned upon them. It was...
DXY - weekly, start position in metals. Gold and silver. Hitting resistance of $97.51, RSI was OB. $Nugt $hgu $slv watch for fomc coming up. They might turn hawkish with todays economic data. NFP jobs miss, but unemployment down to 3.8 % and hourly earnings up...Good luck!
In my previous analysis i gave a nice guideline on Gold', showing a potential drop if that triangle fight would be lost. Eventually we saw a big drop happen, going faster than i initially expected. Something from my previous analysis when we were at the 1315ish support: So a break of the triangle and the channel now. At the moment at a big support zone . If that...
The precious metal market is having a significant impact as chart-based selling is getting stronger which already drag the yellow metal prices to $1283 however silver is trading at $15.06 at the time of writing this report. The levels at which both precious metals are trading may act as support levels at least in the short term. The white metal still needs to...
looking here at the gold daily chart using supply and demand, for the short term im currently bullish with price at daily demand.
Gold, when is the "right" time to go long? 1278 too soon? or Just right? Let's find out and see. Buy and hold physical/real GOLD! Gold backed dollar end of the month? Brexit? Global economic meltdown? Question is not if, it's when!?
Take a look at the chart. Price is forming another blow-off top pattern and reaching its Fibonacci price target. Expect money to flow out of this, and into Platinum for a few months. See Platinum Chart:
Should I be buying: Bitcoin? Gold and Silver? Commodities? And should I be bearish on Equities, Bonds, and Real Estate? ----------------------------------- Comment below.
Inverted head and shoulders on 3D RSI + continuous bullish news, partnerships, and adoption. Sure price can go lower, maybe even to 0.01 cent, but the upside potential though...
Gold/Silver spread is still strong with a Gold/Silver ratio around 83, indicating strong bias to gold. With incoming panic in the markets, debasement of the dollar, or both, we can expect the bullish move in gold and silver to continue in the long-term despite all attempts at suppression within the futures exchange. Silver has some serious catching up to do post...
PLAN YOUR TRADE AND TRADE YOUR PLAN K.R.S.
The dxy, stock,jpy rebound is over.i guess
Currency Pair: XAGUSD ( SILVER ) Sell Stop Entry Price:16.00 Take Profit: 14.00 Stop Loss:16.100(moved stop loss) Capital Risk:500 USD Potential Reward: 12000USD Risk/Reward: 1:6 Currency Pair: XAUUSD ( Gold ) Sell Stop Entry Price:1320 Take Profit: 1160 Stop Loss:1320(we will reduce the stop loss points once positions will be more favorable)...
Asset Pair: XAGUSD ( SILVER ) Sell Stop Entry Price:16.00 Take Profit: 14.00 Stop Loss:16.450(moved stop loss) Capital Risk:2000 USD Potential Reward: 12000 USD Risk/Reward: 1:6 Asset Pair: XAUUSD ( Gold ) Sell Stop Entry Price:1320 Take Profit: 1160 Stop Loss:1340(we will reduce the stop loss points once positions will be more favorable)...
Gold and Silver, Daily & H4 Gold Futures soared to fresh eight-month highs of 1,323.00 from near $1,308, after the dovish FOMC statement, which removed the reference to further gradual rate increases, resulting in a fresh round of risk-on, and a lower Dollar and Treasury yields. Today marks the fourth straight day of higher daily highs, following the January 18,...
I hope you guys had a great day in the market, as i mentioned yesterday, i was expecting a correction but tuhi looks more like a change of short term trend, especially since the reaction to the drop was very slow. Tomorrow i will be looking to take some shorts around the 50% level 6730 we also have R1 around the same area, i also like the 61.8 level. To the...
Intraday target: $1270 Long-term target: $1183
After completing the AB=CD pattern, GDX looks ready to go long again. We just had a very common 38.2% FiBo pullback. The MACD is oversold, and the TSI is crossing over zero. This is a 4 hr chart. However the volume appears to be dropping.