The gold chart is on a long-term upside Most likely, the fall in gold prices, which began in 2011, has come to the end > And of course, the price trend of silver is like gold
Gold miners are dirt cheap right now. Don't know how much the stock market crash will affect the miners so perhaps better to buy after that but still.
The Stockmarket relation to VIX is inverse and strong. Biggest Stock market crash ever is coming in a not so distant future as you can see. Politics, world economy plays into this as well ofc but just based on this indicator alone u probably want to get out of the markets now. Insiders have been selling huge amounts the entire year.
Will the Dollarindex manage to hold this crucial level or will it continue down from hitting the top of its long term downtrend channel ( formed since 80's )
on 7th september, we'll see rocketflying commodities FINALLY :D :D DXY Collapsing ! ! ! EU UP GU UP UJ DOWN correlate it
Here is the Eurodollar on the one week chart. It is overbought on stochastic and RSI. On the daily chart, Stoch and RSI seem to be showing some room for the possibility of a continued uptrend, but I do not believe that it is sustainable for very long. The pair is retesting major resistance that it has recently broken, and I do not expect it to break far beyond...
It is always worth a look at the gold-silver ratio. Currently, gold is 76 times more expensive than silver (per ounce). In the past, it has been shown that the area above 78 is an extreme area and can be used for trades. In this case, you would sell gold and buy silver.
Looking very likely. Bulls are jumping off the 100+200 Weekly MA, and we are seeing a bullish outside bar on the weekly chart. Indicating, that bulls are starting to get serious about moving higher. Also notice this big bottom forming process the market is currently making, this is more likely to see a move to the upside. Blessings to you all.
For the longest time we have stressed price action and 20MA on this monthly chart. Long-term view is still long with short-term bearish bias to end by mid-to-end Fall of 2017. Keep an eye on price in relation to this moving average historically...let us know if you think it's a bearish or bullish trend, we love to hear your opinion.
Thursday/Friday GDXJ is highly likely to break out. It has a lot to make up for.
GDX and GDXJ has been practically dead for a long time. However, when the time is complete and most have fallen asleep, the party will start. That time is likely to be now. I'm ready for the party. Are you?
Bought this mining stock in lithium , magnesium and silicium. A pretty nice mining stock with being in it from its "start". Nice potential. News to this company fit in. Bought at 0,664 € / share
This is another basic Elliott Impulse Wave pattern applied to a long-term long trade idea for Gold. This analysis is very similar to my Siacoin Elliott Wave idea but applied to a different asset class, so I've linked that idea in case you want to check that out and compare the two. This chart is over a 15+ year period and should be treated as a long-term...
The Hourly 100 SMA is holding support for the Bullish Marubozu candle formed on Friday. #standtuned
How long can they manipulate the market before a new inevitable monetary system arrises from a complete wipe out?
My Gold /Silver ratio got seriously rejected from its multiyear resistance trendline and the ratio looks ripe to fall toward the bottom of the pattern. Long Silver / Short Gold could prove a fine strategy until then.