As interest rates are set to drop. Safe momentum bullish idea. Sell portion of position as we retest high. we can set ATH again depending on economic conditions.
Must hold $20.50 for about a month. Shouldn't crack $19 in the body of a candle and make higher highs over the next month. Will create a nice bull trend.
First bullish momentum on the weekly appeared on the ichimoku. If it trends down for a period of time then momentum is lost and this idea no longer valid. Target is GBPJPY at 189-190 by mid 2023.
Buy zone is anything 152-153 above ichimoku cloud. Not buying at 155. Would buy more heavily if and when it reaches 162 and if cloud support can catch up a in time. This...
Gold is making another move up in this bull run. It will should attempt to set a new ATH. If gold closes a few weekly candles above 1900, it will find strong support at 1900, Ichimoku Cloud shows.
If gold cracks 1750 area on a weekly basis, then the trends are broken. This is an analysis is for a long term trade of approximately 3 months. I would be looking to...
Opendoor broke trends today during a period of limited/no support (See related ideas section).
I look to RDFN and Z for wider market trends. These 3 companies are in a similar tech real estate market. There is limited trading history for OPEN and IPOB, TradingView doesn't even allow charting properly. There is a correlation with patterns for RDFN and Z, but there...
IPOB turns into ticker OPEN December 21st, after recent merger. More eyes will turn to OPEN Monday and it could be the momentum to push it higher. This is a speculative play with high upside. This is a growth stock priced already on future prospects.
On the chart it has support from moving averages using Ichimoku cloud. There is an area of weak support soon...
Gold is bullish on the 15 minute for the first time in about 40 hours.
Short term move likely moves to at least 1955. If gold holds a 1960+ position for a couple hours it will be bullish on the 30 minute and hourly. This likely confirms the return back to 2050 and higher highs in the near term.
Gold has a lot of support under 2k and shouldn't see levels below 2k without going back up to 2k afterwards.
Fundamentals of a weak USD and Mnuchin worried about adding debt in new stimulus leads to a further declining dollar. This is positive for Gold $XAUUSD.
Target is minor psychological price: 2050
Next major target is 2300 (GoldmanSachs target price)
