Election year seasonality is playing out a little differently this year. Seems like norm is bottom in May but we bottomed in March. So perhaps everything is time shifted by 1-2 months? Will post Gold election year seasonality here for reference. www.seasonalcharts.com So for comparison sake: 1. June, Sept, November peaks dwindling down in the seasonality...
Election year seasonality is playing out a little differently this year. Seems like norm is bottom in May but we bottomed in March. So perhaps everything is time shifted by 1-2 months? Will post Gold election year seasonality here for reference. www.seasonalcharts.com So for comparison sake: 1. June, Sept, November peaks dwindling down in the seasonality...
Just a little something I'm looking at from the backseat of my Lyft :) Nice easy quick play I'll take here. Good luck.
Gold has support at around $1815/oz and Silver has support at around $21.5/oz. Both levels previously acted as resistance. Now gold has broken out of the descending triangle I would expect it to lead silver to higher highs and ultimately much higher over the next few years.
Bitcoin looks to crash TA Shows this, and there are some news about TRUMP, what i expect will change the trends for bitcoin soon in a crash trend. also more details about The hacked crypto exchange and more. The First time that we add a crash coffee time at below 9k trend.
NAT GAS CRASH trend possible - the best low coffee time Nat gas looks to get a breakdown trend - 2.60 possible as net trend.
Recovery trend on NAT GAS - Coffe time at low 2.40 2.70 recovery trend.
On this 'Market Open' I am going start with in-depth analysis of traditional markets so that we can have a holistic view of the global macro and how could this affect the crypto markets. 1. USD - EM Currencies fell a lot more than I had expected, but also had a much stronger bounce than the rest. The EM currencies I've been bullish are CNH, ZAR & MXN, while I've...
This look familiar, but the worst is yet to come. Donald Trump twits he tested positive covid-19 on 2nd Oct (Friday). Presidential election on 3rd Nov. The gold price is crashing and did not response as hedging assets against stocks at all as what all old man told us. This is weird, actually nothing is weird when gold is actually exist more in ETF or...
Flag Formation in development, waiting for it to decide if is a break up or a break down.
Bearish Flag? Divergence on the daily chart. Doji on 6 hour chart. It's just so darn pretty. I'm short. "What is from the Earth is of the greatest worth" -Bob Marley
Since the breakdown, it looks its again a new high coffee time. Expecting up trend.,
Gold follows a surprisingly similar pattern to Bitcoin in 2016 during the beginning of its run up around $2,900. The dump from $2,900 to $1,800 almost wiped a lot of people out. It did wipe a lot of people out. Mostly, a lot of people got stopped out "managing their risk" at the point where it bounced. Then the market makers laughed and sent Bitcoin sharply...
NAT GAS looks to have a new coffee time at low side. This depending on the last trends/news - Expecting rage. 2.40 2.50 take great coffee time. Follow/like
3 Mid Term Scenarios: Long Above 1900: Dollar Weakens from today till the presidential elections Gold surges as hedge Economic Stimulus Package for the next 2 weeks. Bull Flag until it breaks 1900 Market hold while Economic Stimulus Package Oscillation between 1875 & 1900 Short Bellow 1850 Least Probable Scenario from today till...
Thanks for viewing, I just did a short-term DXY chart (3-6 months out) which was rather long. So please forgive me if I just drop this, instead of discussing all the fundamental and technical reasons - which I have dealt with before. If you have followed politics / financial news in the last year you will know that the USD is being intentionally devalued. I...