This market is witnessing an unusual movement and the possibility of a decline is very high My advice is to sell
Technical Analysis Chart Update DXY - Dollar Time Frame - H1 ELLIOT WAVES - " 123 " wave completed and making correction for 4th Wave BULLISH CHANNEL in Long Time Frame #LTF Symmetrical Triangle in Short Time Frame #STF
Ladies and gentlemen welcome again we have a strong probability to make money on gold futures.
Weekly Engulfing Charts are clearly not a preferred look for the Buy Side and those riding the Bullish Tilt-O-Whirl - Bodies are being flung everywhere. The Dollar is doing its thing, it ran to our PO at 107.65 with a 107.67 print and reversed yet again. it's been a pattern as the EuroDollar continues the ties that bind, Dollar shortages create demand until the...
Higher lows are required to provide the Flip into Higher Markets off of the Lows at the 390.85 Level. 394 is backtesting Support 399.50 is the initial Resistance. Powell Speaks at 9:10 AM EST after - 8:30 AM EST to provide both Initial and Continuing Jobless Claims. Chicago Fed President Charles Evans speaks @ Noon, followed by Consumer Credit @ 3 PM...
Many Sellers (Bears) missed the Selloff, and many Buyers (Bulls) failed to take profits at the 199 EMA tap. Frustration abounds and will remain leading to many emotional trades being placed for both sides. Indices traded into the Lows of their ranges and held for 3 days. Buyers need a TOSS to get things going to the upside for 420+. Buyers need to not hear...
Housing continues to implode along with China's recent Urban Outfitters. 8:30 am Building permits (SAAR) July 1.63 million 1.70 million 8:30 am Housing starts (SAAR) July 1.52 million 1.56 million Interesting China avoided its Ecuminiopolis Economy... it's worse, of course. The Cerveza Sickness compounds across all regions. The Hot Topic is China leaving...
SL =106.800 wait time 7 day in 102.5 area after pinbar comes on high timeframe we can buy too good luck , use very low size
The Federal Reserve will suggest they projected a slowdown in Economic activity. Effect Indicated, Effect Observed. Solid work. _______________________________________________________________________ Outside of the Matrix, the Depression slumbers on within the confines of Real Sentiment. ....The Deal Breaker. "7" was misstated - "6" is the GDI hedonic, it's...
Much to the chagrin of the GoldBugs, Uncle Buck remains a hoarder's paradise. Ranging between 1800 and 1888 the Bugs are ready for Dollar collapse. Looks bullish huh? Nah, Silver is leading lower, a demonetized doorstop which should see the teens again. Pre-Teen disaster in a panic yard relic move. $12 Door Stops. We are not. Gold is flat @...
dxy is in the process of seeing a significant breakout. this 105 level is basically a line in the sand for what can be. above 105, opens a door to 109,113,116,119. --- if you think things are bad in the market right now, you have seen nothing. 🛑
Liquidity Event Ahead - Possibly June 12th (Sunday) Event for Time. We'll see, but something is showing up in the Charts for the weekend ahead of June FOMC. Hoovering up the wealth continues. What causes the most damage? You already know.
technical say if big news not come , DXY must see 100.00 area if big news comes and DXY break 103.00 can go upper to 111.00 above green arrow we can pick buy ( wait pinbar comes on 1hour or 4hour or daily chart ,then buy with SL in pinbar low) good luck , DONT USE LEVRAGE ABOVE 1-10 , GO AND REDUCE YOUR LEVRAGE , HIGH LEVRAGE =BIG SIZE = FAST,EASY...
Bill Baruch walks you through some of the important charts he is watching and trading.
WEF Summit in DAVOS Began today, May 22, 2022. World Economic Forum members are face to face \as opposed to Virtual. Topics include Ukraine, Energy, Nato, and Climate. Government Policies will be shaped this weekend for the next 18 months. Volatility & Stability will be addressed with strategy sessions will be addressed in breakout groups to present a...
After reaching parity with the Swiss Franc Facta, the DXY peaked ST over 1.05. Our TOSS level was 104.55, it has been met Short Term on a Throw Over. It's nowhere near done moving higher, but for now, will range to digest a large move into the Safety Trade It did peak while sentiment was reaching extremes unseen. Again we do not expect Extreme Fear readings...
good evening o/ a case could be made for the topping of the us dollar in the days ahead. --- while the chart may suggest this theory to be probable, the worldly conditions do not. though; last year when i called out a $100 target on dxy at the absolute low, it too didn't seem plausible - until it was. 💲
Against the Monetary Base Expansion, Gold's implied Price in Fiat Credit should now be trading at slightly over $18,111. Outperformance? Clearly not, Gold has been demonetized by 95.56%. It is simply being held up in check against the FED's unwillingness to raise rates beyond an implied target which is clearly off the mark. Gold made an interim high @ 2078...