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Preciousmetals

GC1! / Gold / Xau - Idea I.Hey Guys… Yearly Chart: Bullish Engulfing Pattern 2367 and 2283 are important Yearly FIB levels to watch Above we find 2485 and 2543 Below we find 2230 and 2150 Quarterly Chart: Bearish Star? -> Q3 will tell. -> Stochastics at level 90 monthly: a little weakness after the Rallye - 2 Stars and an Inside Bar - Stachastic is OB and turning. Will be happy to take a reversal if the signal occurs (using a trading system) 3D: Bullish breakout is generally to be expected. = Neutral to Bullish
COMEX:GC1!
by MeruEU
XAGUSD / Silver - Ideahey Guys, Yearly Chart: Corrective mode since 2011 (Bearish Pressure) 2023 ->inside Bar closed above middle line -> Bullish Conclusion = neutral - Happy to take both sides of the trade since we are seeing a balanced market since 2011. Most important lines for a Breakout: 32.3 For Bears: 28.3 Until a clear break of 32.3 (on a closing base) I am still neutral - bearish on the yearly chart. Below 28.3 I am very Bearish. Targets are mentioned above as well as below. Quarterly: breakout above the inverted H&S Neckline with reaching all targets in one candle. - closed below 30.00 --> important High. Monthly: Inside Bar at crucial line of 30.00 but still in a rising channel. Stochastic is turning down. Expected Sideways Formation for a while. 3D: Oversold area - likely to see a bounce from here to test the 32.3 area again. I will be happy to take a Signal from there since we are Consolidating at the Higher TFs as well and I would like to sell from that area again. Thanks for reading…
FX_IDC:XAGUSD
by MeruEU
Pan American Silver (PAAS) AnalysisStrategic Portfolio Optimization: Pan American Silver NYSE:PAAS , a prominent global precious metal mining company, is bolstering its market position through strategic initiatives. Recently, PAAS agreed to sell its Lucita property to Defiance Silver and its La Arena gold property in Peru to Jinteng Mining for $245 million upfront, plus contingent payments. These moves align with PAAS's strategy to optimize its portfolio and strengthen its financial position. Leadership Insight: CEO Michael Steinmann highlighted the strategic benefits, stating, "With the sale of La Arena, we continue to optimize our portfolio while retaining future upside through royalties." Investment Outlook: Bullish Outlook: We are bullish on PAAS above the $16.50-$17.00 range. Upside Potential: With a target set at $28.00-$30.00, investors should consider PAAS's enhanced financial outlook and strategic portfolio optimization as key drivers for potential stock appreciation. 📊⚒️ Stay informed about Pan American Silver for promising investment opportunities! #PAAS #PreciousMetals 📈🔍
NYSE:PAASLong
by Richtv_official
Coeur Mining Inc. (CDE) - Bullish Rectangle Continuation PatternAnalysis: Chart Pattern: Coeur Mining Inc. (CDE) is currently forming a Bullish Rectangle Continuation pattern, indicating potential for an upward breakout. Support and Resistance: The stock is consolidating between defined support and resistance levels. Breakout Potential: A breakout above the resistance level could lead to a significant upward movement. Target Price: The target price can be estimated based on the height of the rectangle. Stop-Loss: Set a stop-loss just below the support level to manage risk. Fundamental Overview: Revenue (TTM): $846.97M Net Income: -$108.14M Total Debt: $593.83M Current Ratio: 1.00 Conclusion: The Bullish Rectangle Continuation pattern suggests a potential upward breakout, making Coeur Mining Inc. a promising candidate for short-term gains. However, investors should consider the company's current financial challenges and set appropriate risk management measures. Investment Note: Trading stocks inherently involves risks. Carefully consider your financial situation and investment goals before making decisions.
NYSE:CDELong
by WaveRiders2
Silver and Gold | Short-term and long-term targetsOANDA:XAGUSD OANDA:XAUUSD The past two weeks' price action suggests that we can expect the correction to continue in June for Silver and Gold. After last week's NFP and unemployment rates, the expectation for rate cuts has been pushed a bit further to the last quarter of 2024 which fueled dollar to maintain its strength. On the other hand, if you take a look at the seasonality of Gold and Silver you will notice that June is usually the month for Gold to rest a bit and for Silver to show some correction. So, In the short term, I would like to see lower prices on silver and gold and personally, I might add some more to my positions. The following are the areas for Silver and Gold which I consider as discount prices if as a long-term investor. Silver: $27.5 - $28 is a good discount area for silver. But it doesn't mean it would definitely reach this area. I expect another rally from July with a target of $33.6 to $36.4 area. Gold: $2190 - $2230 is the area that I believe gold will see in the near future. Then we might see another leg up on gold to hit the $2580 - $2650 area.
OANDA:XAUUSDShort
by SamanFx0
THE KOG REPORTTHE KOG REPORT: In last week’s KOG Report we said we would be looking for price to attempt the push up, go into resistance where we wanted to short the market into the order region, and then look for the long trade back up from there on the RIP into the levels above. This went extremely well giving us a pin point move from level to level. During the week we updated the idea, which was already going to plan with a new bullish bias level and trade the new Excalibur activations upside into just below where we are now. Plan worked well again giving an almost pip to pip, level to level reaction from our levels and following our bias and analysis posted pre-hand. Well done to those that followed not only gold but the numerous other pairs we trade in Camelot which also gave us fantastic results for the week. So, what can we expect in the week ahead? This week we would say caution on long trades unless we get a pullback into key level support where we feel it’s worth a test, unless the higher levels aren’t taken on or during the early sessions of the week. We have an order region sitting above 2425-35 which is a large region, and if we see price attempt and give us a clean reversal there, we feel an opportunity to short the market is available for traders back down into the 2400 and below that 2385 price region which is where they may want to start to accumulate again. The issue we have here is that 2445-65 level which is a clean region of liquidity if they want to take it and stretch the sellers even more, so here we will caution again, as that level is the extension of the move, be prepared! So, in practice what do we do? Because we’re back in uncharted territory again, we’ll have to treat this as level to level play, we’ll look lower in the highlight region to go long, unless broken, and if they continue to take us up, we’ll trade it level to level looking for the ultimate short trade following our trusted guide. KOG’s Bias for the week: Bullish above 2395 with targets above 2430-35 and above that 2447 Bearish on break of 2395 with targets below 2375 It’s going to be a difficult week with potential of gaps on opening due to a Powell speech later, be fore market open! There is a lot of geopolitical news driving the markets and fear is present, although it’s looking like we’re going higher we would say caution over the week as a sudden turn will be extreme! Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
10
$SLV ETF Inverse Head & Shoulders Pattern & Fibonacci ResistanceAMEX:SLV ETF Inverse Head & Shoulders Pattern & 50% Fibonacci Resistance. Silver will need to consolidate before it can break higher to the blue line. The Inverse Head & Shoulders (IHS) pattern is a bullish reversal pattern in technical analysis, typically appearing at the end of a downtrend. It is characterized by three distinct lows: 1. **Left Shoulder:** The initial low formed during the downtrend. 2. **Head:** A lower low, signifying a continuation of the downtrend but also a potential reversal point. 3. **Right Shoulder:** Another low, typically higher than the head, indicating weakening downward pressure. The neckline of the IHS pattern is a resistance level drawn by connecting the highs between the left shoulder and head, and the head and right shoulder. When the price breaks above this neckline, it confirms the pattern and signals a potential reversal to an uptrend. Traders often use the IHS pattern in conjunction with Fibonacci retracement levels to determine potential price targets. After the neckline breakout, the price is likely to retrace a portion of the initial move up before continuing higher. Common Fibonacci retracement levels used are 38.2%, 50%, and 61.8%. **Here's how the Inverse Head & Shoulders pattern and Fibonacci resistance work together:** 1. **Identify the IHS Pattern:** Locate the left shoulder, head, right shoulder, and neckline on a price chart. 2. **Confirm the Breakout:** Wait for the price to break decisively above the neckline on increasing volume. 3. **Apply Fibonacci Retracement:** Draw Fibonacci retracement levels from the low of the head to the high of the right shoulder. 4. **Set Price Targets:** Look for potential resistance and profit-taking opportunities at the 38.2%, 50%, and 61.8% retracement levels. **Key Points:** * The IHS pattern is a powerful bullish reversal signal. * Fibonacci retracement levels can help identify potential price targets after the breakout. * Traders should always combine the IHS pattern with other technical indicators and risk management strategies to improve their trading decisions. **Disclaimer:** Technical analysis is not a foolproof method for predicting price movements. It's essential to conduct thorough research and consider various factors before making any investment decisions.
AMEX:SLVLong
by AlgoTradeAlert
Cascade Copper may erupt soon!This copper exploration play is in a GREAT position. Tight capital structure in great jurisdictions and with an awesome management team. It could explode any time now -- especially with copper spot reaching all-time highs. If you're bullish copper, look at this now before you miss the boat. They are also exploring for other mineral plays, such as gold. Above .6 cents and this could fly. Side (fundamental) note: Former Alberta Premier Alison Redford is on the board. That is significant.
CSE:CASCLong
by CSGold1
Is the Silver to Gold Ratio due to tripleWallStSilver Silver Bugs have had to bear many decades of no euphoric price action Like the saying goes every dog has it's day And in speculation a Bull market in one sector often means another sector get's neglected Things don't move in lock step It's just the nature of speculating/investing which we can't control but also offers us opportunity I believe Silver should be a relative out-performer of most things (not all things) And cheap prices or cheap ratio's tilt the odds in your favour.
TVC:SILVERLong
by BallaJi
Golds pushed upwards from falling wedgeIn our video on 6 May we suggested that gold may be charting a bullish falling wedge. The precious metal has now broken out and is moving upwards from that pattern. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (trading as “FXCM” or “FXCM EU”), previously FXCM EU Ltd (www.fxcm.com) : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com) : Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763). Please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website: Stratos Markets Limited clients please see: www.fxcm.com Stratos Europe Ltd clients please see: www.fxcm.com Stratos Trading Pty. Limited clients please see: www.fxcm.com Stratos Global LLC clients please see: www.fxcm.com Past Performance is not an indicator of future results.
FX:XAUUSDLong
by FXCM
GOLD - Bearish Correction Incoming!Gold / XAUUSD has potential for a small bullish pump over the next few days; followed by a bearish correction. We have some Buy Signal Momentum currently going; it hasn't ended yet but this current bar is displaying it; this implies now is still considered to be a good time to buy but may not be tomorrow! The buy rating started at 1☆ and is closing at a 2☆; this may imply a push back to the $2474 region. Gold has consolidated for quite awhile meaning that it's RSI has had some time to cool down and is now relatively neutral at 55; however our YinYang RSI is still saying quite overvalued and that a dump is underway. Conclusion: A small pump may occur over the next few days; however we don't think this is long term. We believe Gold may get rejected ~2474 and continue in a downtrend towards the 2190 region.
OANDA:XAUUSDShort
by YinYangAlgorithms
3
Stock market weakness affects goldGold retreated over $100 from its all-time highs established earlier this month. Interestingly, this move down follows a pullback of similar magnitude in the U.S. stock market, which we have repeatedly referred to as a threat to gold’s spectacular performance; one minor detail to point out here is that this time around, gold seems to be falling in reaction to what has been happening in the stock market, unlike in previous corrections throughout 2023 and 2024, when gold either preceded weakness in stocks or did not react to it. But now, the stock market appears to be at a critical point of either breaking down or staging a recovery, with many big names reporting their earnings this week, which can help to achieve one of these objectives. If corporate results do not meet investors’ expectations and, by any chance, there are significant downgrades to future guidance along with announcements of new layoffs, then it is unlikely the situation will calm investors’ nerves and lead to recovery. Contrarily, it is more likely to produce more fear among market participants, which could inadvertently lead to more selling in the stock market, accompanied by weakness in gold. Illustration 1.01 Illustration 1.01 shows the daily graph of XAUUSD and simple support/resistance levels derived from past peaks and troughs. The area between $2,000 and $2,075 acts as an important base in the case of a strong stock market selloff. Illustration 1.02 Illustration 1.02 depicts XAUUSD’s RSI on the weekly timeframe. The yellow arrow indicates a bearish crossover, a worrisome sign for gold. The same crossover can also be observed on the daily chart; besides that, Stochastic and MACD also reversed to the downside. Technical analysis gauge Daily time frame = Bearish Weekly time frame = Bullish (stalling with bearish signs) *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor or any other entity. Your own due diligence is highly advised before entering a trade.
OANDA:XAUUSDShort
by Tradersweekly
2