To trade the markets you have to be AWARE of the world and what is going on. We have to read the news every day but we should not always take what people are saying at face value. The news is never a leading indicator but it can at times be an INVERSE indicator. Don't get played by big money "talking their position" ... In this video we look at examples of...
Where's the corn going? S & P, DJI, GOLD, SILVER... I didn't get as much done as I wanted... I will do a ChARTcast in the am before I leave on the stocks I am watching! Have a great night!
It looks like Gold is repeating a pattern that it did back in 2011. In this video, I talked about the bullish and bearish scenarios for gold.
Forecast: Addressing market sentiment regarding Gold backed ETF's, COMEX and BONDs etc. Daily chart analysis, looking at the Gold price from a broader perspective. Fib, 0.618 @ ~1848 is a potential target in May before a deeper correction. About Gold Next Week # A weekly 3-10-minute forecast video on Gold's price action on a weekly basis. I'll follow up with...
#wpm #fsm MINERS LOOK GREAT!!! time to rock & roll
Forecast: The bullish counter trend Zig Zag pattern might finalize the C-wave this week and reverse to the downside. If it is only a narrow correction or beginning of a new bearish down trend, I can't say, yet. The fib, extension levels 1,27, 141 have been taken out. If bulls have the upper hand they might push price action to 1,618 @ ~1805 before price action...
MAN. PLAYING WITH #GOLD #MINERS #GDX #NEM #SLW #GG WE APPEAR TO RENTERING A BULL MARKET FOR YOU LONG SUFFERING GOLD BUGS PART 1
I give some background on me learning the markets some brutal harsh lessons and why ETF's like the SPY & GLD are awesome!
Forecast: If price action follows up on the Truncation/Double bottom pattern, then we can expect a countertrend ABC / Zigzag pattern. B-wave, pull back target's between ~1712 or ~1699. Final bullish C-wave, target's @ ~1776 or ~1787. If price action picks up bearish sentiment and breaks low of ~1678, then target's to look for @ ~1662 or ~1655. I'll keep you...
Forecast: If momentum is strong this week, target's ~1762 and ~1785 before correction, but if price action develops truncation @ ~1755 and reverses, target's @ ~1714 - 1709ish. About Gold Next Week # A weekly 3-10-minute forecast video on Gold's price action on a weekly basis. I'll follow up with charts throughout the week as price action develops patterns and...
Forecast: See some upside for gold this week, but it all depends on how bond-market play's out. Targets @ ~1746 and ~1762. Also; I briefly address market sentimet - why gold is not favorable at the moment. Video time: 06:13 About Gold Next Week # A weekly 3-10-minute forecast video on Gold price for the coming week. I'll also follow up with charts throughout...
We're continuing in this downward trend but primed to breakout to the upside. Accumulation/Distribution shows large accumulation dring tthis entire retracement
GLD is a gold etf, it has been consolidating in a bull flag for quite some time and i believe we see a large move upward in the next couple weeks as it just broke a major trend line. There has been plenty of governement spending recently and with Biden getting elected, we should see an increase in spending and stimulous. Any increase of supply in the USD will...
Looks like its going to ~$160 right now. more bullish above 178 then ~183 and see 5 wave impulse
It is readily apparent by now that BITFINEX:BTCUSD is on a run for the last ATH. When the price of something is this close to such an obvious level with momentum it is a very high probability bet it is going to reach it and even break it. But what then? You have to BE SMART. A lot of people that don't watch this video are going to FOMO and I pity them but...
Target ~194 for this move. Expecting a correction in micro soon and continue upwards. under ~178 more bearish
GLD still looking good. Expecting slight more correction here. ~177 looking like good possibility. Bullish over 180. Bearish if breaks though 177 like a 3rd wave move
Bottom and move looking OK so far. want to see 5 wave and move to ~180 for 5 wave finish