Palladium reaches the former resistance at 830 USD. As long as price stay above 820 USD we have a good chance to reach 910-930 USD, the next resistance area. Palladium hat im Mai deutlich Gas gegeben und ist über das April-Hoch gestiegen. Der alte Widerstand ist nun Unterstützung. Solange das Edelmetall über 820 USD per Tagesschlusskurs bleibt, stehen die Chancen...
Gold/Silver Ratio: AB=CD is almost finished! Wait for NY close today and see if the price closes below 76.7. If yes, enter short at 76.7( or lower), stop @ 77.7, profit @71.9( 38.2%AD). Take it, you're welcome.
The gold-silver ratio is motivating me to look for bullish opportunities in the precious metals. Following silver's 17 days down in a row, I believe it is unlikely that it will erase this most recent rally it took from $16 after only reaching the .382 fibo retracement level. Instead, I think it has a date with the downward trend line around $18.2. The...
Instructions on chart. Playing the 4hr range. Note the following levels: 1264s (61.8%) with indicators (4hr) at overbought state and potentially forming right shoulder! 1251s strong UP Trend line from previous structure, if broken price can cool off till DMAs (1246s) level. Below 1246s I'll consider scenarios for 1200/1180/1160 (medium probability at the...
Here is a possible retracement setup for Gold, back to the 1257.00 area. This should be the bottom for Gold until further notice. ~Thanks for checking my chart out~
Awaiting May's Fed meeting. We don't expect a change in policy, however, risk in Gold market due to Fed hinting June adjustment. We remain bullish and hunting to add long positions. Daily support remains at 1259s (or DMA200 1254). Bulls need to break DMA20 for further bullish PA. GL all, trade safe.
This is what I seeing for the US Dollar. ** This is 100% technical outlook ** Fundamentals are not on my mind when I am marking any chart up, ever. I do not base any trade off any type off news, ever. Thanks for taking the time to check out my chart~!
Short term trade, I am looking for the short opportunity around 1284. Looking to take profit at 1268
maybe 1230 $ touch 6 may 2017 , enjoy
getting close to that long term downtrend line from 2011-2013.
XAUUSD might be forming a Head and Shoulders pattern. Sell on breakout. Cheers!
BREAKED TRIANGLE AND RISING CHANNEL WHAT IS IT... BULLISH FOR METALS AND MINERS?
UUP head and shoulders breakdown in progress. Hooray for commodities!
Gold seems to have started an uptrend after the the interest rate hike. as expected in the previous charts.