When the stock market takes a nosedive, people tend to flock to safe investment options such as gold and silver. As a result, these precious metals tend to see an increase in demand during economic downturn, as well as following them. This makes sense because there are many advantages that come from investing in gold and silver during turbulent times. They’re...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* If CPI tomorrow reports elevated inflation, we suspect that $DXY will fall...
Looking for DXY to retrace within the top third of the range (102.424 - 102.730)
GLD and SLV tend to do well during these chaotic times, with inflation sky-high, Russian attacks, and crypto still at an early stage. At the moment, I believe investing in GLD and SLV is a hedge against risk and has potential upside growth until inflation drops. Since the Easter holiday, SLV has broken the downtrend line and found a bottom around $22.37. It's...
GOLD - Daily chart with Cup and Handle - Europe will need to either buy Rubles from Putin in Gold, in order to buy Gas and Oil, or they will have to buy directly in Gold. This means there will soon be more demand for Gold.
Since gold's high of $1,924 back on the 29th of August, 2011, gold has been forming a long-term cup and handle formation. With gold reaching $1,900 recently, and a myriad of other macro economic factors such as rampant inflation, global civil unrest, supply chain shortages, and geopolitical tensions, to name a few, we could easily see gold hit the psychological...
Check out the two trends prior to this. Clearly, you can see the run of over 300% that was 6 years long and then another 5-year trend at 142% gain. I believe we have entered commodities run and companies that produce oil and sell gasoline or diesel are going to benefit hugely. I am making a call that by January of 2025 we will see XLE at $130. Even if it doesn't,...
Granted, there was nearly a 3x difference in the amount of volume between these candles' volume ($6.5M vs $2.5M), the price fluctuation is an order of magnitude less volatile. What this suggests to me is that the market has determined this sell off was either premature or dramatically oversold. Zooming out, it appears XRP has just been primed for a strong rally,...
Being In an inflationary environment a screen energy driven narrative Platinum is important to help create hydrogen/renewables battery technology and take over the high prices of palladium.. Over here we have a nice bonus structure with Falling Broadening wedge or a megaphone pattern (whichever you prefer).. Plus a great dividend Stuck with a low PE ratio. In My...
Market wrap up stock markets 4 stocks in my portfolio
Company Profile Sector: Real Estate Industry: Real Estate Management & Development Company Location: Reston, VA Comstock Holding Companies, Inc. develops, operates, and manages properties in the greater Washington, D.C. metropolitan area. The company operates through two segments, Asset Management and Real Estate Services. The Asset Management segment provides...
After consolidating for the past month and a half, USDJPY has presented a bullish structure which looks like it is about to break out to the upside now and target $117. We have completed a correctional phase inside its current wedge. Possible we might see one more leg down as part of a micro correction (Wave E) before price shoots up again. I will be catching...
See previous post on Silver. Gold is forming two launching patterns - a double bottom, and more tactically ready, a 5-pt bullish reversal. The return of the traditional inflation hedge?
The title says it all. Once corrected for inflation of the monetary supply, it is abundantly clear: this is not a hedge.
*Before reading the information in this please understand the risks associated with both the stock market and investing as a whole. ALWAYS do your own research; invest with conviction, rather than emotion.* *Please understand I am in no way a professional and offering investment advice, all ideas shared are simply opinion.* * Inflation is a crook, we've all...
bottomed on all indicators. Stock and crypto market looks bad. Good old Gold :) #Gold #silver #copper
Similar to Silver, indicators at bottom. bought 5x leverage, long. 100 MA touched and went back up.
Based on previously cycle with 5 waves to 2.618 extension. Now it could be more aggressive because of big threat - hyperinflation. Target is 2.618 fibonacci extension, what was top for previously cycle. Still time to jump in and hedge you portfolio with physicall gold.