Hi, thanks for viewing. I just posted this because the chart is the definition of neutral on the 4 hourly chart; The price is side-ways, RSI is almost at the 50 mid-point, MACD (not shown because I don't have sub) is right on the zero line as well. So, I watch with interest to see what is next. I am a bit less stressed about the price of silver dropping of late...
Please support this idea with LIKE if you find it useful. Price formed a Right-Angled Broadening Wedge (descending) - bullish pattern. The market closed near the Ichi Cloud support zone. In case we have a confirmed retracement of the Ichi Cloud we can initiate a Long position. If there is a confirmed breakout of the pattern we can also initiate a long...
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Liquidation from margin calls and all round market fear - As you can see we have hit the low in our bullish channel so next week I will be looking for a daily bull candle to close. A great bargain buy for gold IMO.
A corrective bounce is being seen as intraday charts are reporting bullish divergences and a possible sign of return? (Check blue arrowed trend line below the chart and on the RSI) For a clearer Picture - Corona fears have drained Gold prices, and caused a massive market panic and printed the lowest level since Feb. 5 @ 151.21 after dropping for a third...
CRIMEx FUTURES/OPTIONS VOLUME ALL-TIME HIGH FEBRUARY 25TH! MORE THAN 1.5B$ OF DIGITAL DERIVATIVES DUMPED ONTO THE MARKET! CRIMEx TRADING FLOOR SHUTTING DOWN! TRADERS BEING SENT HOME! U.S. MINT SELLING A RECORD AMOUNT OF PHYSICAL BULLION! RISING METALS WILL ATTRACT TOO MUCH EXITING CAPITAL, IT CANNOT BE ALLOWED! HOWEVER, ALL MARKET SUPPRESSION EVENTUALLY FAILS!
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Rational of Recommendation: Comex SILVER trade near 17.20 Level it's bound in a tight range between 17-10-17.25 in and form bullish mat hold pattern on intraday time framework. . BUY SILVER FUTURE AROUND 17.1-17.15 TARGET 17.5 18 SL 16.95
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.
XAUUSD looks shorty. But there is no point now for open position. Maybe it will appear after pullback to 1542. Anyway I need high volume, now I do not see it. If I will see good opportunity I will sell and write idea with Enter, SL and TP. Subscribe to my channel on YouTube and Telegram named as USOIL WTI. Every Monday at 11:00AM by Chicago I answer your...
Just need to make a rest in this strong move up. I will look for short today. I want to see retest of 1527, also there is a strong daily resistant here. Also, price can fall down without any retest.
SILVER FUTURES 1D ORB NR4 STRATEGY Step 1 Find ORB Nr4 Step 2 Mark Hi & Lo of 4th candle Step 3 1H chart Buy break Hi/Sell break Lo Step 4 SL above/below 4th candle Step 5 TP trail SL above/below each 1H candle ORB NR4 Strategy Link tradingstrategyguides.com
Main price move is up. Main target remains 1500. I wait for pullback to 1450. For open long I need some other conditions. For example one of them is high volume. If I will trade, I will write post with numbers of Enter, Stop loss and Take profit. All trades I make between 9:00 - 11:00 AM by Chicago only. Write comments, ask questions.
Hi Guys, the first time I thought it could form a Cup & Handle it was on March 26, 2019 when I published the idea on TradingView. For easy reference please click the image below: Since then I've been trying to undestand gold behavior until it broke out the handle for the upside which confirmed the overall bias as a bullish continuation pattern. Factors that...
BUY GOLD 1277-1272 SL 1264 TGT 12860-1299-1310