Have you been following my research, weekly videos, and Custom Metals Indexes? If so, you already know why I've been telling traders/investors Gold/Silver are setting up just like 2003-04: building a momentum base over the past 24+ months. The next move higher (over the next 5+ years) should be incredible. Silver is up 32% over the past 90 days. Can you imagine...
As the DXY rises, commodities generally will fall. Even though GOLD sometimes is thought of as more of a defensive asset and inflation hedge, that theory has been moot lately. SILVER and GOLD (the Burl Ives trade) will continue to languish in these downward channels on the weekly charts as long as the dollar is remaining strong. They are both extremely oversold...
The dollar index has been trading downin the big corrective pattern of zig zag on higher degree.Now it is in Wave C of zigzag.The wave 5 of the wave C is going on right now last wave segment and its target 105.18 - 104.46 level .That will be the end of all zig zag correction after that longterm impulsive trend to upside will resume.
is this thing that has traded like a boat anchor, as much of a boat anchor as Bitcoin . More or less not moving at all. Yet, as with all things, consolidation periods only last for so long before the volatility picks up again to draw in new attention. This chart is a huge amount of time and very wide ranges and so it's very hard to stuff the important info into...
Trade idea gold 21 November. - Optimistic numbers of retail sales pushed dollar higher with further hawkish remarks from Fed speakers did not let dollar to break below weekly support and demand zone at 106, keeping it stable for now, This week over some PMI focus and economic overall US data, there is Fed meeting minutes that will give us better indication on...
Yesterday we had pretty mixed data with bettter than expected unemployment claims indicating solid labor market and really bad Philadelphia data, but the labor market hold much weight alongside some hawkish Fed speakers This week overall we had slower slower volume and volatility after break of 1730 we saw shift in market structure. Overall we are still...
I know many of you are very interested in Gold/Silver, but you need to understand the dynamics of price, expectation, and the unwinding of risk. The current move higher puts Gold/Silver into new Fibonacci Bullish Trending. This is what we've all been waiting for. But, the move upward from these levels is going to be staggered/legged by bullish and bearish price...
NO GAP $DJI UP so what now? Looks like there's still momentum, it's early in day Yesterdays HANGING MAN is warning sign, NOT a reason to go short, let's see how day fares Waiting for CONFIRMATION $ATVI is our largest position, rolled 1/2 $TWTR $ there $BHP #GOLD #SILVER Bought $VZ last week Own $INTC @ 28 $AMC last week Still have trailer $LEU Still hodl...
Textbook ascending broadening wedge for the $gsr (#gold to #silver ratio) has a measured-move of 48.6, meaning 48 ounces of silver to buy one ounce of gold. At TODAYS gold price, it implies $36/oz silver. But it will be more, because gold price will be more.
Gold Edge above 21-EMA nd 200-MA And in this move RSI edge above 50 mark so gold minor dump but long term gold up trend
This custom chart that I post periodically continues to have excellent TA. Right now it's reflecting the volatility from recent crypto events, and less obviously but more importantly, that gold has bottomed. The spike upwards is showing us where things are headed - bullish for precious metals compared to cryptos. BTC *may* have found it's bottom (for now,...
and the miners up nicely. Both GOLD and PAAS up more than $1 today. The physical and paper markets have been disconnected.
it's been bottoming lately and being quiet, but I think we're about to see gold wake up - 200 point move to mid 1800 - 1900 possible here. Silver/GDX similar moves. Good luck!
Gold and Silver could move dramatically higher after the US Fed comments and the shift in how capital seeks safety. Precious metals have been consolidating downward for months. Now, it appears the Feds comments have shifted how traders/investors view precious metals. It is very likely this shift may prompt a very big upside price move. As traders suddenly...
Hello Fellow Global Forex Investor/Trader, Here's a Technical outlook on EURUSD! Technical Analysis EUR/USD is clearly moving in a bearish continuation trend. The price also created a breakout on a rising wedge pattern, indicating a potential bearish bias ahead. The MACD indicator starts creating a death cross, confirming the possible downward movement...
Myself, like many others, continue to believe Precious Metals (#gold & #silver) are about to enter a very explosive price phase. The past 12+ months have seen Gold rally after COVID, then enter an extended decline phase as the speculative bubble distracted everyone from core value. Now that the Fed and GCBs are dancing around rate increases, higher inflation, and...
ATLX formerly known as BMIX is in this parabolic growth curve. Volume has been increasing steadily over the past year or so, lots of buying happening from what I see. I think this stock has a lot of potential. This is a great cheap entry point in my opinion. Also ATLX has acquired some land right next to Sigma Lithium Corp. which stock is valued at almost $40....
Asking about silver investment it would be the safest investment in the next few years were talking about next 5 years almost to know that silver will perform better then others metals since its been a long time that silver was being a sleeping giante and next years we will see silver at lvls we never saw before . invest your dollars in silver and thank me later