Inflation blocks the metals and this can be seen perfectly on the chart. It depends now on how long. Ptedictie Short today on Gold, and the rest of the metals.
Bullish cascading formations for GOLD, which seems to aim upwards. As long as the chart stays that way, and because we are in the week of inflation, the prediction for Gold remains long! If my analysis is useful to you, press Like and follow. If you want other assets to be analyzed, leave the symbol in the comment, and in a maximum of one hour I will publish...
It foreshadows a new green day for silver that is preparing to confirm a new pennant flag formation, followed by a new climbing leg. Long silver today, at least until the American opening ! If my analysis is useful to you, press Like and follow. If you want other assets to be analyzed, leave the symbol in the comment, and in a maximum of one hour I will...
With metals shining this stock can go 2x from these levels .👍 Looks good at current levels
Still shy in climbing, gold reacted to the first resistance encountered. But this does not mean anything bad, but only shows the caution of the bulls in the face of so many failed attempts in the last year. But I think the age of metals is approaching, and I believe that they are already on a still minor upward trend. For the brave, it is time to act, the price...
A lot of you have asked us to analyze the silver price, so here it is! We expect the price to rise between $27.045 and $27.825. From there, we believe that the silver price will be moving downwards for a long time, as we expect it to fall under $20. This would be an amazing opportunity to enter on the long side and hold those positions for an extended period....
Despite Gold's recent and continuous downfall, there is a unique technical occurrence that I spotted and have to bring forward for short-term consideration. As you see on the chart, since November 24, 2020, every time XAUUSD's price is on Lower Highs (red), while the RSI is on Higher Lows (green), i.e. a Bullish Divergence, the price makes a bottom and...
how the price of this market is still so behind the rest is beyond me!!!!
Trap 2.0 Will placing 2 positions once the market is open, price is above the 10, 20 & 50 EMA! Most recent candle engulfed the 3 previous candles. TP's will get hit, money will be made! *Markup is on the daily so it might take a few days to fully play out but hold & don't fold!* (Personal recommendation try to buy physical silver, the central banking system...
Hey hey! XAGUSD and XAUUSD havehed a decent down-turn this week... but some relief on the upside might be due! Our system says there is a good chance, as long as we break above on the 10m chart and make a higher high on the recent 1H movement. All of the indications remain bullish for us right now. 1H: - 38.2% rejection - Possible higher low - Rejection...
This time not in gold but in silver. I have recommended to my clients, the entry on silver or on miners since Thursday. The situation is heating up in the markets, and I expect a serious increase right in the opening tonight. But entering now compared to Thursday, involves some risks of extreme volatility, due to the situation in the markets. Let's not...
Pattern: Double Bottom on 4H. Signal: Buy as the price is posting a similar Double Bottom as the late September sequence. The MACD is about to make a Bullish Cross. Target: 1915 (below the 0.618 Fibonacci) and 1930 (below the 0.786 Fibonacci). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...
Tatasteel is ready to go after more than 2 years long downtrend. Key level 428.85 according dow theory. In last week average volume are very high. The upcoming week tatasteel and cnxmetal index can break key level. Keep watching.
Nifty Metal is Preparing for big blast after long down trend. Just wait for 2520 level breakout. This will be the confirmation to blast. Jswsteel has already breaked out and tatasteel and other Metal stocks preparing itself.
Pattern: Channel Up into Head & Shoulders on the 4H chart. Signal: Sideways within the Right Shoulder. Target: Range within 1895 - 1911. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...
Simple MA approach here. Since the early 2019, Gold reproduces the same pattern: Channel Down on the 1D chart, which break to the upside 1 month after the 1D MA100 (green line) breaks above the 1D MA50 (blue line). In the meantime the RSI is consolidating within 35.000 - 60.000. So what does this mean for now? Well Gold is currently testing the 1D MA50 but the...
Trilogy ready for new test of resistance coming out of cup and handle with surge to next fib retracement area. Look for breakout or retreat down before likely up.