Get started

US02-US10

Gold ready for Sell-off in 1957/73 zone for targets 1925/12/021. Gold has reached Daily supply zone 1957-73 2. 1960 is also the lower end of long term Weekly supply zone. 3. Gold is also near the top of the descending channel from May 2023 high 1981.82 4. Fall in DXY and drops in US yields did not lead to growth in Gold today. Sell in the 1957-1973 supply zone for : Short term targets - 1925/1912/1902 Medium term target - 1855 Please boost the idea, comment if you like any part of it. For deeper fundamental insight, pls read the details of previous idea (the last one). Happy trading! Tarang
FX_IDC:XAUUSDShort
by FX-trader-
3
ridethepig | US Yields Breaking Higher!So much for the 5th wave... the formulation has truncated after the payrolls report. This is an example of an erroneous freeing. In similar patterns, the rebound will translate in a 5 wave impulsive sequence which is somewhat cramped after the knee-jerk reaction from covid. The appropriate positional response to the lows here is to ride the pig , what we are talking about is taking measures outguessing the road to normalisation of rates which we have not yet recognised as such. Now we turn to the analysis of play in unemployment claims, despite how the media are selling business as usual we have a long (and likely sluggish) road to recovery, because of the poor handling of lockdowns and closures. The one who is playing the macro data always has the upper hand, but this is especially the case once we clear the 'knee-jerk reaction' from the virus. The recurring bankruptcies, layoffs, social unrest and shutdowns have been forgotten about after politicians promising diversions! Smart money will not move so easily. Retail will pay their tribute in the form of horrible losses to an unconditional truth. Vix has completed the round trip, first prize to all those riding it from 85! Of course the swing from 85 was no less imaginative than the swing from +/- 11 lows: We are entering into a new development for volatility, my models are forecasting a dramatic expansion into year-end which will make it very difficult for manual or emotional players. 2022/2023 looks like the start of the next bull run in global equities, expectations are for advanced conditions to remain with us for 12-18 months.
TVC:US10YLong
by ridethepig
US02Y: Aug 2019 - time to panic?Good afternoon. This is the chart that everybody yelling about. May this year price close below monthly support. Today (Aug 2019) we have a green 9 and doubts. The importance of this level is significant, but first let's compare 1991 vs 1995 vs 2000 vs 2008 vs NOW(2019) You can do it yourself and come to any conclusion you will, but I want you to know that since our last cycle longed for 12 years I believe our next cycle is going to long 12 years as well just like it did in 1991(5Y cycle) and 1995(5Y cycle) with the worst years of recession falling on the 2030's from this point of view. So the worst could be right upon ahead of us and still there is quite significant time we have till this recession and who knows maybe even 2012 was THE lowest low and so something going to change that trend in future since it is a 3rd time in last 3 decades(!) Everything possible. This is not about predicting the future, this is about predicting opportunities that may come in future. Be well, my friend!
TVC:US07Y
by sequentialvzion