Hello everyone. Gold prices extend pullback as Middle East worries ease US dollar weakens amid upbeat mood, despite recovery in US Treasury yields. Gold prices target $2,350 on sustained break below $2,370 on 4-hour chart. On H1, the $2350 support level is formed and it seems that the market maker is trying to rally the price back up, testing the breakout...
Gold is currently in an ending diagonal which breaks down into 5 waves with 3 waves each. It appears as if the top is in for wave 3 and now we've started wave 4. We are expecting an ABC correction for wave 4 leading towards the fibonacci level. For those that are interested in entering, watch for any sort of pullback and enter with stops above the...
4h/1h time frames analysis for Gold. Price action analysis, key levels. Potential scenarios. Trading plan explained. ❤️Please, support my work with like, thank you!❤️
Hey There, Welcome Back. Today we analyze the evergreen hedge commodity. - If you are an Indian, Given that Gold rallied almost 17% in a very short span You must be quite happy. We Indians love gold. Especially, the ladies in our homes. - The chart of Gold Futures is showing something interesting. The price took quite a rejection from the recent support zone. -...
Massive inverted HS building up to break out the triangle. Aussie is correlated to Gold, and the US Dollar will suffer from the monetary policies of the FED. This trade is not for everyone. If you are a day trader probably it will be frustrating for you. It could take months to play out. Open a long position and add at every pull back. We will have a fight at the...
By checking the #Nasdaq chart in 4-h time frame, we can see that the price was exactly as we expected, after it entered the Bearish BB supply range, it was accompanied by selling pressure and was able to hit the main target with more than 430 pips profit! In the coming week, we will probably have a short upward movement first, and then with the right trigger, we...
Introduction - Bulls are holding 43-year trend line at 2360s while NASDAQ bears formed a soft ceiling at 2400 that should hold past through May 1st FOMC. The result has gold range bound, predominantly between 2367-2392 for the incoming nine trading days, after which gold should head for 2444 and higher. Details - Follow up to 9-1 DRAFT's failure to break out...
Don't think #GOLD is done by any means. HOWEVER....... Sold some positions around the date of bearish engulfing. As of today the precious metal is still @ that price level. We missed a lil more upside but it wasn't much oi the whole scheme of things. #SILVER shows same exact signs except the Bearish Engulfing. AMEX:GLD AMEX:SLV
Miners didn't accelerate to the upside like metals because they do better in lower interest rate environments, whereas metals do better for volatility events. You could buy ITM puts here on JNUG, NUGT, GDX or GDXJ and see a good return, or just wait for this to bottom in a couple of weeks and ride the lightning. THIS opportunity is one of the 2 that I see this...
Just the market need more time to find more bears to push it down, just the FED cut rate hopes down and the Middle east tensions looks like over.
As the Geopolitical crisis eased, We believe the gold price OANDA:XAUUSD will fall eventually As you can see the price made a sharp decline last week. after that during the week corrected, right now geopolitical matters seem calm so the market is shorting gold. Our technical view has been shown in the chart. If you like it then Support us by Like, Following,...
Gold is still bullish overall. Although the K-line on Friday once reached around 2363, the big positive line then took a step to near 2400. This is obviously a bullish pattern, and the K-line has been fluctuating upwards recently, and 2370 has become more solid. The bottom is more stable The gold daily level is also a strong bull. No matter how the K line...
This has broken out of two downward trends and Powell is about to be dovish with the dollar and let inflation rip again for Biden to get reelected. I see a VERY ATTRACTIVE options play right now - Endeavor's May Call contract at $2.50 is .20 right now and the O/I is off the charts. $5 is .05 or $5 a call. If silver blasts off like I think then these guys could...
A TTM Squeeze on the Daily, Weekly and Monthly = a huge move is coming. I believe Powell will talk about adjusting the acceptable inflation rate in his speech tomorrow from 2% to 4%. He will appear dovish and inflation will rocket in the dollar starting April when the gamma has rolled off the quarter. I've also been noticing that precious metals are higher...
This is a great leveraged silver miner play. I can see this easily doing more than 700% when silver breaks its ATH, which this miner wasn't even around for, so I can say that it can do 1400%. Obviously do your own research, this is NOT financial advice. I also own this miner myself so I put my money where my mouth is...
Silver needs to consolidate, and since the dollar will fall since Japan, South Korea and USA's Yellen agreed this week on it, they need to slam silver first to blunt the ascension and to shake out paper hands.
Price is edging closer to our 'selling confirmation' zone. A safe entry for those with small accounts.
Gold sell position running 800 PIPS so far for our Gold Fund investors!😍 Seeing a nice move down to start of the week.