WE expect US dollar to fall and the bond market to be propped up to force money into stocks and push stocks higher If gold falls --> Dollar go up --> the whole world falls in terms of fiat purchasing power --> Chaos Will they kill paper gold once and for all and make the world's fiat burn? Phenix rises? Debt has risen since 2011 why has gold and silver gone...
We have been wrong about how far they are willing to take the world down the shit hole once again just to surpress gold in $ Buyers should come in here Hard to justify a sell Crazy divergence daily RSI US dollar craziness 10/30 spread craziness Stock market will not make new gains if gold continues to fall either They have to make up their minds now --> FED
XRP should outperform BTC vastly very soon Next wave up will make xrp #1 in terms of marketcap
WE were very wrong about the magnitude of this bear market the same goes for the precious metals Let's hope some buyers show up here on this long term support around 0.29 trade with care
We already timed this support area but after this failed test (H&S) we are more confident that Long Gold will be a good trade considering the situaton in DXY / UUP, BND and USDCNH trade with care
USDCNH finally tumbles. 6.7 is the fix Expect a selloff on the dollar in the coming weeks as the papers ensures u that the world growth slowdown is nothing to be concerned about
We need to hold 1236$ support trend line else gold will most likely go --> 1180 which would be crazy crazy oversold High risk reward that 1236 holds
Buyers must step in here 15,6$ else we're going down, same is true for gold ---> perfect high risk reward with stoploss under :) the long term trendline goes back to 08 trade with care
If 15,6≈ doesn't hold either expect a very bearish situation for silver -> 15.2 -> 13.6
USDCNH is crazy overbought, lots of things are happening in the world that are bullish for gold. Buyers should step in here to defend the rising support since 2016 trade with care
Quick trade breakout from the downchannel trade the flag with care
Conservative stop loss for a continuation of higher lows >1236 for 4+ pattern of bullish trend. Conservative stop loss would be 1230-> 1236 if betting on higher lows. On lower time frame bearish divergence is building up, RSI is heading oversold. In the world the us dollar needs to weaken in the coming weeks else big trouble abroad and for the stock...
Potential H&S forming along side some heavy bearish divergence as USDCNH takes a dump If we close above 16.1$ today then the weekly trendline is still valid Trade with care
Clear bearish divergence has formed strong dollar slows down global growth even further = end of story trade with care
RSI is at 22 and will go below 20 if gold consolidates around 1247 last 3 times RSI was this oversold we had huge reversals! ITs crunch time if dollar continue to strengthen emerging markets will slow down global grow and gdp for us further also notice deutsche bank 8.8$ prev today. Plot deutsche bank and leman and wonder why no media has been reporting about...
Obviously we're very bullish on ripple & xrp. Ripple already have 25b cashflow and 0 debt which it can reinvest into the xrp eco system as we have already bear witnessed through donations to several projects. No matter if xrp and all cryptos be valued as securities or as a new class xrp will skyrocket. Every week since september new banks, new partnerships has...
Conservative stoploss under the chaotic volume vacuum environment ≈15.9 with a t1 @ 20-21$ Higher % of this breaking out than breaking down based on several factors in todays economic environment. Trade with care Only trade what u are willing to loose
Something big is on the horizon for the world economy... I pray for each and every one of you that justice/righteousness will reign in the end