G old has always been an intriguing asset for investors, often seen as a store of value and a hedge against economic uncertainty. In this analysis, we take a closer look at a chart showing the price of Gold (OZ) on the Gold-USD market compared to USD ($) to identify trends and potential scenarios for gold's future price movement. So, let's dive...
By March '23 gold did a strong breakout near the 2000 quote.
After that, the prices did not continue to flow and stucked inside a congestion at that level.
At 04 May '23 the prices tried to overpass the previous top but failed.
This failure gave us a doji candle, at the previous top, a very bearish signal, and besides that, it also gave us a double top formation....
Instead of just saying "Go in!" let's try a little watch and wait.
We're in a downtrend overall from the 4hr, but also at a key level from the 4hr as support.
I see it tried to reverse before all the news happened last week, But dropped one more level.
Buy the level, if some reasons present themselves around the 130.5, with a hedge sell below at 130.3 if the buy...
After some major dissection from a few different angles, I see a bit of chaos mostly. I imagine for the open of the week, we may see some spikes and just general up and down. Overall, we look to be finishing up by going into a down trend, or at least going a bit lower, maybe as low as the 1.18 range. It is rather balanced right now, with a lot of long and short...
Looking to get out of the situation, with the idea the price is overall moving up still. Looking to get out breakeven on the original sell, and add a buy, or liquidate the buy and enter a sell. Situation 2 will increase risk to two positions, but won't have to move very far to end.
Positions and entries represented by the blue and red arrows, with targets at the...
Studies indicated Crude Oil is the best indicator to track the current inflation.
It is also a leading indicator to inflation numbers? If that is true, we will have to track the crude oil prices very closely.
i. The most inline commodity with CPI
ii. Can the Crude Oil track CPI?
iii. Direction of Crude Oil
Crude Oil Futures
i. Early signs before its crash
ii. These signals are applicable to others markets
iii. How to hedge Tesla?
This method can be applied to any other markets. In segment 2, I demonstrated how you do that in the Nasdaq index. You can email me your case study on other markets with similar behaviour, we can check with each other.
This pair is on a decisive area now. Such area is very volatile to trade but at the same time it could be an opportunity also for traders.
As per DOW its making LL LH and in order to break this it has to give closing above the previous LH which is around 1790 at the same time it could retrace back to 1763 and then targeting towards 1750 for new LL.
Even though the overall trend is Bullish as per my previous trade plan and analysis which worked perfectly, we might see some retracement.
Both plans are shared for safer entry exit .
You can buy on dips as well . These plans are on hourly frame with daily and 4H trend lines under consideration along with Fibonacci and other indicators as well.
A possible buy is in play back up to 1872, to complete Wave 2 before we see a continuation down towards 1570. This is also a VERY IMPORTANT HEDGE TRADE as it protects us if market moves back above 1965 & continues up.
I will be catching this move on behalf of myself and my Account Management investors✅
I’m a dumb ape, me no trade advice.
We’ve got some resolved overbought RSI, and price channel signals to boot.
Entry would be good around this range for shorts. Although if it does retest the bull channel, a short position could have a higher entry. But, that isn’t necessarily the case, we work with what we know, and for now, it looks as though this entry would...
Amidst a financial market strongly distorted by the thirst of control from the central banks & their monetary policy craze headed exclusively toward supporting inflating assets valuation, it's become more & more obvious prices no longer represent neither economic reality nor actual asset value (assuming they ever did). Therefore, in such a climate of financial &...
This was a trade idea i forgot to publish, on jpy pairs, not forgetting that this trade was against the trend whihc means there is a possible trend continuation on our way down, trade with proper risk management
The chart is pretty much self explanatory and very simple to understand. I pretty much see silver as a good investment whether if you buy shares or you own the commodity out right.
This would be my ideal scenario for silver to climb to all time highs by 2022.
Break and hold over $27 would open up a climb to $50. This could also happen much faster based on global...
December's Hedge Trade
This trade hedges OLLI my secondary trade which is riskier as it was strategically structured to be the opposite of the border market movement. Hence if OLLI surges this should mitigate the loss.
It is 15% ($827.42 with comms) of the premium from Dec's Primary and Secondary trade. If things go well I should not need to cash this at all.