FinancialLiberties

FinancialLiberties

The USD DXY peaked in Sept 2022, the Gold low was $1643 that year. If Gold goes higher for the remainder of this decade, how low will the USD DXY Go? What will the multiple Gold get from $1643 for this Gold Bull Market if it continues? 5X, 10x or more? Will this be Wave 5 of Elliot Wave Theory?

FinancialLiberties

Gold Just Bounced off the 50-day moving average... if this $2350 price holds, it could start moving higher once again. A break below this could see gold retest the $2285, or possibly $2240ish at the bottom of the Bollinger Bands... this would be a good time to add to positions.

FinancialLiberties

Gold has had a good run recently, and needs to test this breakout, so I suspect we can retest $2000 on gold this summer, then, move higher to $2500 in the fall/winter. The mining sector and stocks have typical seasonal patterns for trading, and we usually get the highs in Feb-April, then a good pull back into the summer, and then the next wave up to higher...

FinancialLiberties

MARA looks to be at a good entry point, as long as BTC holds this $70K range. If BTC goes to 100K, then MARA could go back up to the $33-$40 price range.

FinancialLiberties Updated 

Based on the previous last move, we are about halfway up this move. We are looking to exit BTC at 100K plus in the next few months.

FinancialLiberties

XRP is looking to break out soon. If Bitcoin continues higher and goes to all-time new highs, then XRP and most other cryptos will also break out, they lag Bitcoin, but at times they can outperform BTC in very short and quick bursts upwards... I think that is coming if BTC continues higher.

FinancialLiberties

It is probably wise to sell NYSE:JPM JP Morgan shares after a strong rally. We could be seeing a double top, and is due for a correction or hard sell-off. I think most of the banking sector is in trouble, and that will be coming to light in the next few weeks. Sell JPM and the US Banking sector in General as it looks like the Long Financial Trend could reverse...

FinancialLiberties

From the Charts and the Fundamentals, The USD Index looks to be breaking down going into 2024. Short USD Long Gold Long Crypto

FinancialLiberties

As a precious metals analyst starting about 20 years ago, the setup for really good and I think a major breakout in the price of Silver (and Gold) is imminent. The fundamentals have never looked better and I think it is a great time to buy some Silver and Gold. You may also want to consider some of the stocks of miners for both silver and gold, focus on the...

FinancialLiberties

Gold is about to start a new bull market , and this one will be historic... Once it clears $2100 and holds, we can expect Gold to go much higher... I am fully expecting well over $5000 an ounce, with a panic move into Gold driving it closer to $10,000 plus. The timing for this move to happen and reach the new targets is difficult to say, but the first move toward...

FinancialLiberties Updated 

Nat Gas is in a sideways trading range for awhile, until it can break out above $3.50 and hold, then it has the potential to go to $4.00 and possibly $5.00 on an catalyst and extreme move.

FinancialLiberties

A new trading range for Oil is being set up as long as there is no more disruption in oil supplies and no more escalation in the Middle East. Look to Buy oil in the mid $60s and Sell close to or above $82. For now, oil is still on a sell given that the RSI indicator is pointing down and could go to below 40 before we see a relief rally.

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If you are looking for a Nat Gas trade, it is set up to be a buy once we get to a support zone on the chart.

FinancialLiberties

Nat Gas could trade between $2.80 and $3.40 for a while, sideways trading is an easy environment to buy at support (Red Line) and sell at resistance (Green Line). There is a Gap in the chart which could mean $4.50 would be the upper end of the target during the cold winter months if Gas supplies drop and demand rises, Purple Line. $5.00 would be a major zone of...

FinancialLiberties

See the cart and comments about the currency pair. It could see some resistance here and trade back in between the wedge for some time still. Eventually, it will break out of this wedge and establish the trading zone.

FinancialLiberties

META looks like a great short, after a 1-year solid rise in price, it is going sideways and could turn down as Tech is way overvalued now.

FinancialLiberties

Here are some ways to Short QQQ by buying an inverse ETF. Is there an inverse QQQ? Several inverse ETFs are available that gain when the Nasdaq 100 index falls. The ProShares Short QQQ (PSQ) returns the inverse of the index on a one-to-one basis. The ProShares UltraShort QQQ (QID) is a 2x inverse ETF, and the ProShares UltraPro UltraShort QQQ (SQQQ) is a 3x inverse ETF.

FinancialLiberties

Another top is forming in the S&P 500 Index and could turn down into the fall if the Corporate Credit Bubble Bursts. If Black Rock, State Street, and Vanguard were the buyers of last resort in the last few years and they now become sellers, there is no more big buying to hold these markets up. Everyone is fully invested, so where will the next group of buyers...