Strong bounce and inside the structure. Gold needs to retest the highs and break out or its going to be ugly again.
Ngas broke channel structure and is heading lower. This is interesting, if energy gets low then inflation will fall and rates and the dollar will come down.
Gold has formed a tripple top, usally all tripple tops get broken. This is a golden opportunity to look at not only gold but gold stocks. They are depressed and have huge potential. If Energy stay stable and gold price increase then miners have huge proffit margins. Also alot of nations are buying gold now insted of US treasury because of the US policy of sanctions.
Silver trying to break 12year old trendline. This is a long term chart. Based on history, big trend lines shifts the long term trend. With all the inflation going on people historicaly buy silver and gold to protect them self from inflation and preserve their puchasing power while their currencies fall. On of my favourite copper/silver stocks that is leveraged...
Inverse head and shoulder pattern playing out on the monthly gold chart. Remember this is a monthly chart and it takes time to play out. Last time it happens gold rallied allot. If the upper support breaks we can expect a target of 2500. Miners are really undervalued and are leveraged for enormous cash flow and profit if gold price rice. The difference this time...
Hi Traders. From now i will have one main idea, and all the ideas as we reach cycle targets for the year will be updated in the thread. Fallow, like so you dont miss the updates. I dont trade short term, keep in mind my ideas are longer term, and its boring. We wait for the cycles to bottom and we wait once in the trade for the trade to mature.
From now i will have one main idea, and all the ideas as we reach cycle targets for the year will be updated in the thread. I dont trade short term, keep in mind my ideas are longer term, and its boring. We wait for the cycles to bottom and we wait once in the trade for the trade to mature. Fallow, like and boost so you dont miss the updates.
From now i will have one main idea, and all the ideas as we reach cycle targets for the year will be updated in the thread. I dont trade short term, keep in mind my ideas are longer term, and its boring. We wait for the cycles to bottom and we wait once in the trade for the trade to mature. Fallow, like and boost so you dont miss the updates.
From now i will have one main idea, and all the ideas as we reach cycle targets for the year will be updated in the thread. I dont trade short term, keep in mind my ideas are longer term, and its boring. We wait for the cycles to bottom and we wait once in the trade for the trade to mature. Fallow, like so you dont miss the updates.
From now i will have one main idea, and all the ideas as we reach cycle targets for the year will be updated in the thread. Fallow, like so you dont miss the updates. I dont trade short term, keep in mind my ideas are longer term, and its boring. We wait for the cycles to bottom and we wait once in the trade for the trade to mature.
From now i will have one main idea, and all the ideas as we reach cycle targets for the year will be updated in the thread. I dont trade short term, keep in mind my ideas are longer term, and its boring. We wait for the cycles to bottom and we wait once in the trade for the trade to mature. Fallow, like so you dont miss the updates.
If you want to play crypto coinbase is related. Crypto market has been down for a while and my barber at the barber shop has stopped talking about crypto and how he will become a millionaire. Thats a good sign. I belive now is the time to buy. The price is far below its avrages and we have higher margin of safety then ever before. I bought between 35 and 40. i...
Majority of traders are now short gold. Its important not to lose sight of the bigger picture. Inflation and deflation comes in waves and takes time to play out. My cycle work show that the downside is limited, we might get a small drop, but its not worth the risk. The range from now until march is tight. The monthly gold chart do not show any greed yet,...
If you belive gold will correct and the dollar will go up first half of 2023. Buying dust might be a opportunity. The setup and cyles looks nice. I am waiting for volume and a swing low with short term avrages and oscilators confirming the move. Also the dollar must show strength. Last COT data must show signs that the smart money is flipping the trade. For more...
The weekly RSI pattern has been a good warning for risk increasing. RSI can go on for a while and diverge, but is it worth taking the risk? If this pattern holds true, then gold is getting riskier. If dollar starts another up phase, then we might see a dropp in gold. Also watch COT data that comes out on fridays to see what smart money is doing. That will be a...
Long term USD/EUR idea. Cycles are up for the dollar until June, but are down again after that until end of the year. It will be volitility and that will creat opportunity. I play FXE often when trading the EURO, and i trade inversely correlated instruments to the dollar to trade aginst it. Example Dollar goes up, gold goes down or Gold goes up dollar goes down....
Hi traders. Long term cycles show a big bottom in oil. And with the supply and deman being very tight based on reports globaly. We belive energy again will be the winnter of 2023, based on terrible world policy on fossile fules. We are targeting 90 as proffit target.
Hi traders. Look my previous idea about natural gas. We were disciplined and did not try to cath a falling knife. But now we believ the time is right for a trade. Cycles short term and long term point out a low this week for a good entry. We have a stoploss at 7.30 and target of 29-30 range. Trading symbol BOIL. Hopefully our patience last few weeks will be...