I'm expecting USD to decrease in value relative to other currencies by FED policies such as Quantitative Easing & NIRP We may not see this until after the US elections to ensure a Clinton victory, but i assure you they cannot tolerate deflation and will print their way out of it so long as they can I feel the FED's actions will lead to increasing inflation over...
Gold buy till 1320 target minimum 1345 Stop loss 1315
Almost a complete capitulation here... giving another try. Possible technical breakout, with tight stop loss...
As things stand right now, it looks like the next move in precious metals is going to be sharply up unless dollar does some trick. World is now peacefully accepting the reality that no matter what, the rates are going to be lower. US treasury yields can't escape the malaise and savers are going to be punished hard. If Gold and Silver can't be tamed by strong...
Adding to my physical holdings below $1328. Silver chart is a bit less clear but should it get smashed down to the $19.15 area when gold reaches $1328, it'll be extra confirmation.
Gold created a weekly False Break last week when it climbed above the trading channel's top and declined back below it as the Dollar gained strength. The false break along with the close below the Fast SMA line are two bearish signals (very premature signals) that may indicate that Gold is due for a pullback. 1350-1360$ is a potential minor Sell Zone to monitor...
Silver's rally that was launched from the PRZ of the bullish Bat I mentioned in my previous analysis is about to hit a major weekly resistance zone that includes two critical elements. 18$ - Major Weekly Structure Zone 19$ - The 200 weeks MA line Time to protect your bullish trades profits and embrace (or trade) for a weekly correction wave. Tomer, The...
Hi there, I believe the gold rally is getting low momentum and its price may drop like stone in water. But as I am a short-term trader I see there in good opportunity to ride last wave heading to a new top. Perhaps I will consider some contracts @ 1345 - 1346 for target @ 1354 and my SL is near 1342. Lets do some calculation: Est. profit = 1354- ((1345+1346)/2)=...
Long term outlook. Now wave 5 starts of (c). Short target around 1.00159 and then long towards 1.23043.
I keep putting these charts to peak people's curiosity. There are many clues out there that point where we might be heading... All you have to do is look back in time... This is more than just about gold and silver. It is about the players in the market and how they feel.
PM bull market is strengthening. Head and shoulders breakout. Cup and handle formation. Short term getting a little too exciting. Probably short to intermediate term pullback.
Instructions on the chart. Enjoy the "politics" and volatility.... GL!
The U.S. dollar went bid following rhetoric from Federal Reserve officials that a potential rate hike could occur in June, following hotter than expected inflation data. However, after posting on pending technical weakness here, the dollar has retreated slightly over the last few days. Price action as traded neatly within a descending channel on the daily chart,...
new royalty precious metal kid on the block/was created as spinoff/quick upside potential of miners/money flow good/always diversify/stop loss 50 ma/percent r and cci near top range/umlimited upside based on deals they secure/limited downside risk in production costs/favorable tax treatment/like silver wheaton and franco nevada/not fully followed//have etfs ...