Time to go up.....gold has made this low for long time now.....
The outlook for gold price just got shinier. With inflation at 2.1% (PPI) and 3 month T-Bills at 1.25%, it makes no sense to be in cash (short term) se
As you can see on the chart, it is about time the bear trader losing its power and momentum. No more chinese gold selling. It is time for more demand for the sentiment which is trader eager to purchase more with the expensive amount. Gold mining activities shows clearly on the demand to dig dig and dig more gold while the production gold line is right now i heard...
Rational of Recommendation 1. Bullish pennant formation on the daily time framework 2. Price trade-in a range bounded take the opportunity with favourable risk-reward ration. 3. Buy on a support level of Pennant pattern and Sell on Upper range of resistance with respective stop loss level of previous daily High/Low.
Gold Monthly chart and a possible wave count.
Impending boom, buy gold! How many times have you heard that this week or over the last couple of months? If we look at the technical price chart and remove as many fundamental biases as possible, we begin to see that gold is currently trading in a trap zone (a level between the 0.382 and 0.618 fibo). As of today, the weekly candle is bouncing off of the 0.618...
Signals on Silver remain bearish into this week, as last week ended with a bearish engulfing. We favour pullbacks between 16.60 and 16.80, looking for a push lower towards 16.00.
Gold is a safe haven at this time. A rate cut is priced in of US Fed after worse than expected ISM Manufacturing and Non-Manufacturing PMI.
Is Palladium now good for trading or is he a good investment? There are many reasons to put some precious metals in an investment portfolio, as well as to trade them in a shorter time. Speaking about Palladium it is anticipated that supplies will be tight in years ahead, while at the same time, growth in industrial usage is expected. This tight supply and...
Hey guys. Ill keep it short as always. I have a feeling this gold rally is just getting started... There has been talk of an upcoming global recession and negative interest rates are becoming a regular. Negative rates are also negatively correlated with the price of gold which is bullish for bullion. We will probably see allot of speculative buying because of the...
Big River Gold is a Gold Mining and Exploration Company. I believe Big River Gold has mid term and long term potential. Currently Big River Gold is trading at 1.8 cents, however it can even cross 30 to 40 cents in near future. Key Highlights: Big River Gold owns Borborema Gold mine located in Brazil. Borborema has 2.4 million ounces of Gold with mix of high...
As shown in chart.
Sustain trading above $1550/oz may pave the way for much higher Gold price, otherwise, if prices keep trading below the channel's upper trend line, then Gold may resume long term down trend.
Current trade war and global economic uncertainty has allot of people buying the safe haven known as gold. Currently at the highest price since 2013, there still is plenty of upside left.
Hello, Thanks for viewing. This is a combined post (slash essay); 1. Trading the valuation oscillation between silver and gold for profit / accumulation, and 2. Possible signs of resistance on gold stretching its relative valuation on silver. Some of it will probably mirror well-established strategies, re-state some more obvious aspects, but hopefully, may be...
The finest industrial metal of the world refusing to give up its value on the daily chart. With the growing demands of material goods, made out of industries in this digital saga: It is used for jewellery and silver tableware, where appearance is important. Silver is used to make mirrors, as it is the best reflector of visible light known, although it does...
Hi everyone, Just to share some thoughts. The World Platinum Investment Council has reduced its surplus supply forecast by close to 50% for 2019 due to investment demand. Bear in mind that it is still in surplus, so I don't imagine that the bottom is in yet. Platinum outperforms gold in good times and bad. Since 2003 Platinum significantly out-performed gold...