GreatMinds

GreatMinds

Trend line should support

GreatMinds

Place buy limit at 26

GreatMinds

XagUsd will find support ~26.3 and thats 50% fibonacci level of from previous week's low to this week's high.

GreatMinds

This ratio will help you to forecast XauUsd & XagUsd. When you forecast gold and silver next moves also use this ratio as an indicator. Currently this ratio is bearish, but expect some correction soon. Bearish ratio means XauUsd has more weakness than XagUsd, and vice versa.

GreatMinds

XauUsd moving up within parallel lines and it has reached the upside. Time to correct and it might take longer. Overall Gold is bullish and heading to $3000

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As we see on the chart last week's candle is bullish. I expect this week or next price to reach All Time High.

GreatMinds

Last week EthUsd closed above 2019 pick. BtcUsd hasn't, but it will too. This year we might see ATH for most cryptocurrencies. Don't waste your time waiting for correction to enter. If your target is ATH it doesn't matter a lot at what price you enter. Just risk accordingly and but Ethereum, Bitcoin & other crypto. Good Luck & Be Patient.

GreatMinds

To All Time High then 35%-50% correction

04:48

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Gold video analysis. XauUsd Precious Metals Futures Market

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XauUsd closed Monthly above 2011 high. Amazing. However, we don't know if wave 3 has ended, but I'm sure it will end soon. Wave 4 should correct ~35%-40% then wave 5 up to $3000. We are lucky if Gold reaches to $3000 this year, it looks very real.

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Bitcoin will hit a new ATH this year. Don't be left out. BTC BtcUsd

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Traders taking monthly profits, so EurUsd strong uptrend should start to correct. Eur Euro EuroDollar

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BtcUsd broke the major trend line and is heading above $14000 before doing some correction. Parabolic move.

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I assume Gold will form cup & handle pattern. We can clearly see the cup and the handle will be formed before major breakout. It has to correct before breakout. The correction could last 4-6 months or more. Be Patient.

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This is what I expect DXY (USD index) to do. On M chart the USDX is on uptrend channel and currently trading at the bottom of channel. The index could reverse any time soon. USDollar USDollarIndex

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UsdChf has potential to visit descending trend line and reverse from there.

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Wave C should not go beyond March peak

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XagUsd Divergence on D at resistance. W candles have very small bodies.