Hello, Traders Investors And Community, welcome to this analysis about the gold-silver ratio, its current price-action, and what we can expect the next time. In my observation, I found some significantly sings in the chart which will affect the ratio fundamentally farther the next days and weeks. The goldsilver ratio is an important ratio to track the number of...
Preferred direction: BUY Comment: The extreme ideas for the franc gave were the most effective, we considered buy-deals. Now the story is the same, and the power of the buyer is still great. At the moment, we expect growth to 0.9000 Thank you for like and share your views!
Preferred direction: SELL Comment: Gold a week ago perfectly worked out our BUY-idea, but already this week everything is forming in favour of the seller. This trend is likely to continue in the near future. The level of 1920 has been passed, fixing under it is expected. This is a potential area to consider short trades. The nearest target is, of course, 1912,...
Hi Fellow Traders, The GBPAUD pair has recently seen an impressive rebound after touching the EMA200 line, indicating a continued bullish trend. Simultaneously, prices have formed a falling wedge pattern, which was later followed by an impulsive breakout from this pattern. Additionally, the MACD Indicator has displayed a bullish divergence. In simpler terms,...
TVC:DXY still going strong! It's highly likely that the retests the recent highs. We history in the making! This is the 1st time the US #DOLLAR didn't break down @ major support! It has not withstood a monthly close after peaking. Does it have enough steam to retest the 2022 highs? #interestrates #GOLD #SILVER #BTC
🔸Hello traders, today let's review the 8 hour chart for gold. Expecting more gains in this market, strong V-shape recovery in progress after we hit the cycle low near 1890 USD. 🔸V-shape recovery projected high set at 1975/1978 USD, which is heavy overhead S/R, bulls will target re-test of the key S/R going into FED in September, this is a bullish impulse in...
Nominal 10-year Treasury yields have risen to the highest level since 2007. Just when we though the bond sell-off of 2022 was behind us, it came back with a vengeance. Hawkish Federal Open Market Committee (Fed) minutes and a string of positive economic data from the US are casting doubts whether we have reached peak interest rates in the US. The Fed certainly has...
They call copper "Doctor Copper" because it's said to forecast the overall world economic conditions on account of being tightly wed to manufacturing. Well, what people are really yammering about with that over the last 20 years is whether or not the Chinese Communist Party is healthy, and the world by proxy being healthy because it tied itself to the most...
See the three touches on the upper trend line. If this line holds, the DX price could move down to the 98 area. Also the RSI (10) is overbought. Such a chart could be used to short the DX, or to go long the EUR/USD and the precious metals such as gold, silver, platinum. If I were to trade the DX short, I would place an extra big stop loss, maybe at 103.90 or at...
Preferred direction: BUY Comment: As we expected, the metal rolled back exactly to 1912 and the correction stopped. The current consolidation above this level most likely indicates the forthcoming further strengthening of the buyer. Gold is characterized by medium-term long, so a rollback to 1900 and even lower is possible, however, the medium-term instrument...
3.5% is a lot in gold, and that's about the range of the total landslide we've been through the entirety of August so far. It's the kind of pattern where goldbugs and USD collapse narrative nerds go long and go long or hodl and hodl but the price never goes up. In my last call on gold from the beginning of July, I warned that $2,000 was a death trap. That call...
Preferred direction: SELL Comment: The US dollar continues to put pressure on the Australian dollar, namely, the squeeze to the level of 0.63750 most likely indicates the seller's intention to continue falling prices. The downside potential is located at the levels of 0.63500 and 0.63000. Thank you for like and share your views!
I believe we are in wave (3) of of c. It has been difficult to define what was going on at the lowest levels of time. In doing so, I tagged the result of 1-2 waves, anticipating a decrease in wave 3 of 3 of (3) anytime soon. However, the big plunge may never occur because the price continues to roll gradually down through levels.
Today, we are expecting the FOMC minutes. Here is your plan to trade Gold. As you know, the market is currently approaching a key daily structure support. Analyzing the reaction of the price to that structure on a 4H time frame, I spotted a horizontal trading range. 1910 - 1912 is the upper boundary of the range. Bullish breakout of that - 4H candle close...
I have Listed Silver, Copper, Platinum, Palladium, Aluminum, and Gold into one chart. These are 6 of the top Metals all in Heikin Ashi Candle form. They all have their own complex Fibonacci Clusters within each one. It may look confusing at first. But understand that one set of lines are horizontal extensions and another set are angled extensions within each one.
Preferred direction: SELL Comment: To date, one of the most prone to falling currencies. This pair has broken through significant daily supports and now the downside potential for the pair lies at the level of 0.62000. The current deal is more conservative and the target is seen at the level of 0.64000. Thank you for like and share your views!
In the chart below I am making the case that we are in the 3 of (3) of wave and that means the downtrend should accelerate any moment and go straight down without much bounce. All the bouncing was presumably done during the last week on the CPI news. The channel provided for indicative purposes. Its recline will to be set by wave bottom.
Preferred direction: Neutral Comment: The level of 1912 immediately marked itself and the price rebounded. However, it is probably not worth counting on a reversal. Today or at the beginning of the next week, the metal will most likely once again enter under the level of 1912. In the area of the level of 1910 - 1912 in the near future, it will most likely stop...