Chart analysis GOLD on the 4 Hours time frame. High is expected at 2400 before a quick reversal. Be caution!
Gold still in showing us strong position uptrend.
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On #XAUUSD 4-hour chart, curve T3 and simple moving averages (ma10, ma20 and ma50) have turned their directions to negative.. It is likely that the price will go down.. I expect a structure as I mentioned in the chart.. We will wait and see..
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Welcome new subscribers, Feel free to relate with my trade analyses.. Update me on your running positions. Thank you. So Congrats on our previous sell.. We quite back to our major supports, so we get ready for our buy as bears exhausted hence support isn't broken, But before that i see the market range around 1545-1560 before the spike up, NB: As long as supports...
Gold/silver ratio at a historic high level of 90% (peaked at 93% on July 3rd)!
Silver is currently very undervalued and Gold has gained strength last few years which means that silver is discounted much more than gold at the moment.
Silver prices are falling and demand from big investors is raising.
I think this extremely high Gold/Silver ratio of 93% was the...
NZDCAD, showing probability weakness in nzd, nzd near top and suspect reversal in all nzd pairs. cad getting strong. Open two positions by dividing risk half on both, one for short term profit while 2nd hold for target 2 and target 3.
XAUUSD, GOLD long increased 6k by last week. long% increase 1% while short% decreased 1%. professionals open long in small number while closed short in large number. $index no change in short and long in this week.