We warned few months ago that USD strength will be unprecedented. Ain't over yet - 103s is just the beginning... Gold - we are expecting a big drop first before it rises to over 1700s - 2200s by 2021(ish)... Good luck and remain safe.
We are watching this potential reversal pattern in Gold. Ascending Triangle as Bullish Reversal. Two scenarios we expect as per chart. Levels are approximate. Humor is Free of Charge. ;)
#Gold bears get ready... Good luck safe trading.
Waiting for #DXY to form a right shoulder and off to 98s we go...few months time frame! Good luck safe trading.
Next level about to be crashed...the more CBs trying to destroy BTC the higher we go... Good luck.
We expect USD to strengthen till end of this year. Instructions on map. This bull will not last for too long, catch it while you can! Our limited target on chart. Once our target hit we are looking for shorting it (Q1 '18). Stay safe. Ps: Will add to #Gold longs soon ;)
Winter is coming...instructions on the map. We are holding short positions till mid-Fall. We will update our buy entries soon... (keep an eye on weekly price action) Good luck to all!
For the longest time we have stressed price action and 20MA on this monthly chart. Long-term view is still long with short-term bearish bias to end by mid-to-end Fall of 2017. Keep an eye on price in relation to this moving average historically...let us know if you think it's a bearish or bullish trend, we love to hear your opinion.
Our Monthly view of BoJ's mess...Instructions on chart! If you are also trading Gold it is important to understand the correlation between this pair and Gold. FX_IDC:USDJPY GL All!
Instructions on chart. Playing the 4hr range. Note the following levels: 1264s (61.8%) with indicators (4hr) at overbought state and potentially forming right shoulder! 1251s strong UP Trend line from previous structure, if broken price can cool off till DMAs (1246s) level. Below 1246s I'll consider scenarios for 1200/1180/1160 (medium probability at the...
Awaiting May's Fed meeting. We don't expect a change in policy, however, risk in Gold market due to Fed hinting June adjustment. We remain bullish and hunting to add long positions. Daily support remains at 1259s (or DMA200 1254). Bulls need to break DMA20 for further bullish PA. GL all, trade safe.
Hunting to add short positions...instructions on chart.
Still buying dips...keep an eye on triangle pattern, DMA20/DMA50. GL.
Buying dips GL. Safe trading
Instructions on the chart. GL! Careful NFP this Friday.