The economy everywhere is f...ed up right now. So where should you place your money? I think you should place a least 10% of your portfolio in gold right now. I think we will see a surge this week, towards 1600 usd.
There is so much foundation for gold in the world. Lower interest rates, bond yields falling and banks starting to pay people to take a...
Since Gold has been moving somewhat sideways over the last week, a lot of people are being extra bearish and stating we will go back to the low to mid 1400s.
What do I think?
The reason I personally find this to be unlikely is that we will likely find sufficient algo buyers from the 1500 level to keep the prices at/above 1500. Contingent on geopolitical...
We had a slight retracement today based on an algo bounce across the US indices. Despite the decent bounce across the indices around the world, Gold and Silver's losses were muted, thereby further supporting the long bullish trend I have been discussing for a long time. If today was "true bearish", we would be sitting into the 1490s.
I am expecting a movement...
Thanks for viewing,
Overall I remain bullish on gold and silver, however, I am looking for a pull-back to add to my position. We may be looking forward to new all time highs in USD terms (gold has recently reached new all time highs in over 70 national currencies including first world western economies; e.g. AUD, NZD, CAD, Norwegian Krone).
There are strong...
breakout pattern. fundamentals more at play, technical pattern of a bar play.
I have traded gold all week and have netted 700 pips on the initial breakout.
check my bio and my results for proof. I have a signals chat too.
my previous analysis were deleted because i advertised. 80% of them hit tp and more.
Remember the last and recent fall to 1484? I said not to worry and that was for a good reason.
While people on this website have been bearish forever on Gold and Silver - just waiting for the price to plummet into the 1300s, I am happy to say its not happening. In fact, its time to seriously start considering going long in Gold and Silver if you have not already...
We have clearly surpassed the 1515 line that I predicted by my lonesome yesterday, and we will now be off to re-test our high before the correction (1533-1534). Once we initially re-test this value, we will likely quickly re-trace to about 1525-1528 and then a few hours later end up surpassing 1533-1534.
Once we top this value, my next major target will be 1550....
In history, after sharp corrections and oversold Gold (lesser extent for Silver but similar idea), is that we often see a retrace to the value before the corrective value within 24-48 hours.
In this case we could get close to 1520+ tomorrow (minimum 1510-1515), as Gold plummeted on the daily to as low as 21-22 RSI. While I am not a fan of RSI in general as it is...
Golds pending soaring action will of course help most stocks that have or will post revenues beat. One region to watch will be companies that have some or all development in Mexico and South America as lower inherent costs in these regions will drive higher sales and revenues.
The Gold stocks that are below 3.50 are risky and highly volatile, particularly as many...
Looks like Gold is ready to set new highs!
Remember to drop a like if you find this idea interesting.
Remember to always Do Your Own Research.
I am not a financial advisor. The advice here given is not financial advice even though my excitement might make it look like such.
You trade at your own risk and nobody can guarantee you results. Even if...
BUY GOLD FROM 1518-20 AND ADD TILL 1514 FOR 1535/1550
SELL BELOW 1495 FOR 1485/1477 WITH SL ABV 1515
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For many that did not notice, in the last 30-60 seconds of the market trading cycle on Friday, the DXY fell 0.55% (confirmed), while Gold increased from 1497-1500 (Forex). While this seems minor in the overall weighted percentage comparison, it could be an important clue as to what we can expect in this week. While DXY and Gold have somewhat disconnected from...
Gold continues to be in the beginnings of a historic bull run as I have said numerous times already; at this time, we slightly retraced about 10.00USD/oz but nothing significant - nothing to be weary of - and we are currently in a consolidation phase.
For the near future, originally, I was predicting we may gap very slightly down to about 1489-1491, however,...