one hour chart. Wait the planetary aspect time trigger.
Watch the lines. It looks like it might be forming a several months long pennant and the two sides (pink lines) of the pennant triangle will converge by 05/31/2016. Watch the lines for decision making.
Potential Short opportunity due to what is mentioned in the chart .
Watch that dark blue line - being above it is good and breaking below it is bad. So far it seems to provide very strong support. The rise of Silver could be built on this line.
CENX appeared to be just finishing a head and shoulders tops formation (marked by five horizontal blue lines) spanning from Sep 2015 to march 2015. Based on that formation, the price should have retreated to approximately 10 dollars. It went slightly below that but showed some signs of stabilizing. However, CENX also posted revenues that were 26% below consensus...
Buy gold on correction. neckline breakout after correction would be confirmation,
Buy on Pullback(Daily 0.5 Fib level) Target upside 2.210 Level Daily Trendline has been broken,wait for a 4 hr retest to execute a long trade. Sure Shot Analysis. Risk Reward(1:3) TARGET 1 : 2.210 TARGET 2 : 2.330 TARGET 3 : 2.420 Happy Trading :)
Read text written in the chart.
Coiling within this range since September 2015, lots of potential stored energy in here. The next breakout candle will be big, I'll be expecting at least $15 within the next 2 months. At a time of this extreme bearish positioning by hedge fund in precious metal, you should be long :) www.zerohedge.com A strong temporary bottom is formed at 13.7 for now. Yellen's...
Just a weekly chart idea on Palladium. Don't know if this will work or not. Time will show .
Start adding here. Excellent risk reward at the bottom of the channel and near oversold levels. 2.41% loss at previous lows vs potential 8%/27% gains. ------------------------------------------- For leveraged play on the bounce: Platinum Group Metals LTD
2 possible outcomes here for me, either way GOLD is coming lower. There is a possible ABCD pattern forming, a clear break of the counter trendline (possible retest and continuation) will bring this pair down to 1035. Other possibility is is a bounce off weekly supp/res back to the trendline and then down to 1035.
Bearish gold, Under WEEKLY down trend. we can set previous weekly low as Targe $ 1.080 aprox
Possible channel-range for Gold. Perhaps moving sideway until the end of this month? It's best to stay neutral in my opinion now. Do let me know what you think. Happy trading and have a good week traders!
Simply Aluminum is in down trend and also LME raised some customs pricing this week this will trigger more short on this commodity. I'm sitting on short till chart shows me a reversal. Its good to take this risk.
Chart Industries reported an earnings surprise with Q4 income at $0.88/share, up 23.9% year over year. The chart is currently experiencing a bullish breakout over old highs. The ADX is above 20 which is important for a valid tradable trend that is not in a sideways consolidation mode. The new bullish change in direction is confirmed by the green DI+ line above...