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Thanks for viewing, I am not sure how widespread interest in Nickel is, my interest in Nickel is; - It is a valuable metal that is in demand as the world turns towards electrification (Nickel currently has a low proportion of its demand ~3% from batteries and ~70% from steel-making but EVS. Vehicle manufacturers are turning towards much higher proportion of...
Here is a chart I put together and have been keeping an eye on for some months now. I was able to predict the recent bottoming formation which has held up nicely. The chart is adjusted to reflect the current gold-silver ratio, putting them on equal ground, and similarly with the btc-eth ratio. As you can see, the rise in precious metals versus cryptos has...
Gold is sitting on its major support and looking to make a move. Silver showing the same thing. This could be a the start of a nice rally or it is about to break down, but something is about to happen.
#LICHSGFIN #LIC #INDIA LIC Housing Finance Ltd. CMP: 298.05 Target: 334 / 362 / 422 SL: 268
Buy gold against this point - it will surely bounce 1-2%. I will in further in depth analysis this evening. Thanks, have a good day. *Remember! Futures trading involves a substantial risk of loss and is not suitable for all investors.
Precious metals (PM) have really struggled this week, with the following weekly movement in USD: Gold TVC:GOLD -5.65% Silver TVC:SILVER -7.17% Platinum TVC:PLATINUM -7.2% Palladium TVC:PALLADIUM -8.23% All these PM’s seems to be heavily oversold over the shorter-term, which could see a bit of a recovery over the next week or two. Why is this important?...
Hi guys, Crazy week in the precious metals market and the FED crashed the whole market into oblivion. Luckily we were on the right side this time as a bearish correction was more than likely, however I did not expect a move below 1800. We closed the week a couple dollars below the 61.8 fibo support line at 1768, so this is concerning (it might just be a SL-hunt...
Palladium is currently taking a dive, and something similar is happening with Gold and Silver right now. The news is likely fueling this and the decline could be short-lived. In April of this year, price had broken out and created a new record high at $3017, hitting the $3000 round number. This psychological level of resistance created an obstacle for price and...
Gold broke out of it is up channel. However, it is still in the bull regression channel. If it can hold support in the current price level, it may be ready for a big bounce. Otherwise, it will fall down to the next major support line.
we expecting this drop and it happen today! hit our buy zone area , we got in aggressive around $1805-1810 with some light buy at 1820s! we expect a bounce however we may have another drop to $1750s
#Silver and #Gold will begin their next leg up in the near future. There's a possibility that this is that last time you'll be able to buy silver below $30 an Ounce! I'm making this more as a warning because FOMO sucks.. Metals may only go up and sideways during our lifetimes... Silver and Gold are used as conductive components for computer chips, and...
Gold was falling as real yields were going up, but now that that trend has reversed gold is looking better. Gold has successfully broken and retested many key levels + several important moving averages and pivots. In the past I thought 1680 would break even just in the short term and it is still a possibility, but looks less likely at the moment. Currently Gold...
Absolute beatdown after IPO. OBV showing a change of character and putting in some serious LT support. Wouldn't be shocked by a quick breakdown thru support at some point then a giant reversal (bear trap). I am long as of today 6/10/21 Good luck.
Shows the ratio of gold to bond yields, some symmetry seems to suggest that there could be a break out his sunner,