Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart! Have a great day everyone!
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart! Have a great day everyone!
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart! Have a great day everyone!
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart! Have a great day everyone!
After studying $gold and $silver History, decided to graph the Ratios ($GOLDSILVER). and this is the final result for an easy view
Keeping an eye on XAUXAG. At this time, I am waiting for a short position setup. Not just yet but soon I might go short on XAUXAG - once king of trades! Talking about commodities, it's a trader-must-know! I am always in-and-out of XAU and XAG. We have seen tremendous price action during 2008-2010 financial burst times, while we were having Armageddon gold and...
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart! Have a great day everyone!
we are opening long position-At the time of writing this alert our long position in gold, silver and mining stocks is well justified from the risk and reward perspective- yesterday gold broke the significant support but due to the fact that mining stocks showed there strength and moved higher some traders may argue that the breakdown we witnessed is rather...
Gold & Silver have been difficult to track of late due to being caught between two raging ego's, both Trump & Xi. Right now we are at very strong support, the 88.6% fib retracement and we also have an inverse H&S on the 30-minute chart. It's difficult to see what drives precious metals in the short term but it almost feels like a beach ball held under water! When...
Gold and Silver is on the lower side of the bollingerbands here, which in the past indicated a buy area. Keep it on the radar screen.
Monday alert-At the time of writing this article/alert our full net short positions is well justified by the risk and reward perspective we have already seen gold stocks outperforming on Friday,we already informed you that from our perspective this is the strong bullish confirmation we are keeping our eyes on for in to close our short position which we entered...
Just buy physical Silver here, and close your chart. Come back in 5 years and flip your silver to gold. Repeat that process by flipping back to gold once the ratio hits 80 again, I'snt it easy? You've just found yourself a trading strategy for the rest of your lives. You dont have to trade a lot to achieve the same returns as the actively managed funds out...
$NEM Newmont Mining ascending triangle forming, appears to be holding lower support line / 200d ema line. Expecting a bounce within triangle imminently. Medium term target of $42 by mid to late July. Assuming a positive earnings report in late July and eventual break through $42 resistance, longer term target $46.
We definitively broke the diagonal trend line, but there may still be hope. The local top gives us a fib level which seems to be acting as support for Bitcoin around $6500. It could be the Wyckoff spring necessary to accelerate the next major move upwards. Further downside is likely is we drop below that price. Otherwise, I'm long above $6500. Proceed with caution.
XAGUSD (Silver) is testing major resistance at 16.85 (Fibonacci retracement, Fibonacci extension, horizontal swing high resistance) and a strong drop could occur at this level to push prices all the way down to major support at 16.29 (Fibonacci retracement, horizontal swing low support). Stochastic (55,5,3) is seeing major resistance at 93% where a corresponding...
A low risk trade as precious metals are getting more interesting. I'm preparing for at least a 100 % gain in the long term on silver. I'm not bullish on very many commodities/stocks/indexes right now. But this has got some hard value in challenging times (ahead). You can see my targets which are only long term estimates. I would probably do a tight leverage...
XAUUSD dropped perfectly from our major resistance area and is fast approaching intermediate support at 1296. A break of this level could trigger a bearish acceleration downwards towards major support at 1283 (Fibonacci extension, horizontal swing low support). Our major resistance still remains at 1304 (Fibonacci retracement, horizontal overlap resistance,...