Introduction - Evolving again, but we are still going to go to 2365 by 4/12. This is the route to 2310 twice. Let's get this right first. Details - I have to keep this brief if I am going to give you more drafts that adjusts to changing conditions. So this is the "favorite now". The second top will be higher, but we will cross that bridge if and when.
Introduction - So we are going to to 2300 and 2360, all done on or before Sunday 04/14. The only part to figure out are in between details. Because of the size of the move, there can be an 80-point retrace in between. This is favored to happen especially if price makes 2300 on or before Tuesday 04/02. Details - Please see previous drafts for how we got here. ...
Introduction - From notes of 6-3, this is as far as I can get. Bulls pushing for yellow route. From what I see, we get to 2250 end of this coming Thursday. This doesn't change the top or topping process. But, how we get there in that box in chart above, is not completely clear. Details - See previous drafts for details. Will add in time. In the mean time,...
Introduction - With conviction in due diligence and much, much anticipation, Binary Forecasting Service presents, the route to 2360 and by extension 2600. This is basically DRAFT 6-2 completely proof-checked from all ratios of regression waves and corresponding volatility limits. Details - For background please see previous drafts. Otherwise in chart above:...
Introduction - Against such a bullish chart, the weekly bar closed "UGLY AF". This obviously implicates a break of 2145 support to 2138 on Monday and perhaps lower on Tuesday. What is not obvious but maybe should be is that BFS trend engine still screaming for a test of 44-year trend line at 2350, at least three if not six times ahead of June 12th FOMC. ...
Introduction - This is the last series for GOLD's rally. The bulls in their hubris have offended the GOLD gods which demand that 2100-2110 be tested on or before 03/28 ahead of Good Friday. This also means the true support trend line since 1983 will be tested. This is DRAFT 6-1 because if bulls fail to defend this line and move higher to 2340 AHEAD OF MAY 1ST...
Introduction - Despite what the cynics may say, we are heading for 2350. The delay in time will be made up in price, ultimately past 5000 in fall of 2025. This draft deals specifically with the 6 rejections near 2350. Details - So what I think I know - and I am aware of the ugly daily bar that has detractors calling for a 3-month check down to 2080 - is that...
AG is currently in a descending wedge with bullish RSI divergence. Wait for a break of upper trendline for entry, stoploss below last swing low. Will be moving SL to BE when safe to do so.
- Bullish pattern in falling channel (inverted shoulder head) - W bounce in STF - A very long time accumulation - Gold' s power up may trigger silver, too. NOT FINANCIAL ADVICE.
Buy Sep-22-23 5.5 Puts @ 0.05 Limit to Open Buy Sep-22-23 6 Calls @ 0.03 Limit to Open Bought a straddle, with Fed week and a zone of support and resistance, along with TTM Squeeze showing a potential move, both ways can play out here.
In our preceding discussion on silver, we delved into the dynamics of supply and demand, highlighting the deficit in supply compared to demand throughout 2022. In addition to that, we talked about how this opportunity, coupled with some other factors, could present an interesting opportunity to go long silver. Since then, the price of silver rose from around...
First Majestic Silver - NYSE:AG - Risk/Reward Ratio 12 - Positive Divergence - Spring reversal from under ascending triangle - Green circle is the convergence of 200 DSMA, POC & break out from falling wedge. A break & close above $7.10 may be confirmation You could enter here and place your stop as outlined on the chart and be ok with 20% hit in the...
Bounce off of long term trendline. Looking for 9-10$ in coming months. Fibs, EMAs, trendline...etc. Bought Call options
Yeah... Again, this is another stock that's been added to the meme basket. Yes... a Silver Mining/Trading company was added to the Meme stock basket... it didn't make much sense until i saw they added this yesterday and that AG has earnings TOMORROW. The only reason to add things to the meme basket like this is obviously to make meme stocks go down with a helpful...
Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free. This is follow-up to the idea I posted 3 months ago when I called falling wedge breakout to the upside. XAGUSD is doing really well since and now is heading into strong resistance cluster created by zone 24.15-24.40 and by...
crab harmonic pattern: X=$201.6 A=$0.02 AB=0.61 XA BC=0.38 AB 0.78 BC=$3.76 0.88 BC=$4.68 1.13 BC=$7.97 1.41 BC=$14.7 1.6 BC=$23 0.78 XA=$28 2 BC=$53.4 0.88 XA=$70.5 2.24 BC=$90.2 2.6 BC=$206 1.13 XA=$668 3.6 BC=$1835 1.27 XA=$2474 4.23 BC=$7087 1.41 XA=$8830 1.6 XA=$60087
🥇XAUXAG🥈 heading to strong resistance level. It's confluence of trendlines and 50% fib retracement of the initial impulse breaking the major uptrendline. I expect backtest of it and possible reversal which would be bullish for both metals. Check my other stuff in related ideas. Please like👍, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial...
Please 1st of all click the boost🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free. XAGUSD backtested twice the previously broken violet downtrendline (zoom out) and it held as support. Price recently bounced up and now breaking the falling wedge. If the break is successful then we could see price rising to...