Gold/Silver
- Why is Bitcoin the only one being talked about? - Why is Bitcoin only analyzed in a Logarithmic Chart? - Hasn't GOLD demonstrated for years its GREAT power? Here we will review the strength and importance that Gold will have for the next 10 years at least. Welcome to the Logarithmic Gold Chart Good Luck. !
USDCAD has Grabed the Triple Top Liquidity And Now its Seems to Fell From the ORDER BLOCK Area
Gold is on a roll on to the upside! I see it retracing to around 1962 - 1960 range, form a support to then continue its bullish trend towards the 1977 price!
Gold price remains choppy within a familiar range amid mixed market sentiment. The West mulls additional punishments on Russia, US Treasury yields head south. Gold price remains stuck between two key daily averages, Fed minutes eyed for a fresh direction. Gold price defied the bullish odds and rebounded from multi-day troughs of $1,916, as the worsening...
Modest recovery in the risk sentiment prompted some profit-taking around gold on Wednesday. The worsening situation in Ukraine, stagflation fears should limit any meaningful corrective slide. Softer USD/US bond yields should further lend some support to the dollar-denominated metal. Gold edged lower through the early European session on Wednesday and was last seen...
Daily still possibility of testing resistance as a double bottom and shooting down long as 4hr closes not engulfing on the current candle , 9am est should give entry
After last week's great analysis, let's go for this one. We must be careful with Gold , always risk 0.5% of capital, our sell zone is 1802-1790 with SL at 0.58% (1855) of capital (Max Stoploss 1% at 1813), TP1 0.84% at (1780), TP2 1.91% at (1760) and TP3 2.70% at (1746). Traders, if you like this idea or have your own opinion about it, write in the...
Broke the 1861 resistance level, looking for a 1:3RR for about 124pips. Clean candles to the left hand side. Looking to secure partials around 1867.20
A Gartley Sell Pattern has completed exactly at level 1 (meaning the AB swing is equal to the CD swing). Extensions are still a probability but a good entry could be the retest (if this happens to happen) of this level. Remember to always use your stop loss in case the pattern fails.
Observe how the 1.618 CD extension from the internal ABCD (white color) coincides with the 1.272 extension of the external XABCD (orange color). I personally believe that after a short correction in the 0.618 retracement level (marked in red circle), gold price will expand to the 1.272 extension, making a possible reversal point if a Gartley sell pattern takes form.
Gold price is approaching a major resistance area (in blue) which has been tested at least three times since July of the present year. If trespassed, a possible XABCD Butterfly sell pattern could be completed and may continue to a 1.272 or 1.618 extension (CD leg) before making a major reversal. If this resistance is not trespassed, reversal or correction could...
We must be careful with Gold, always risk 0.5% of capital, our sell zone is 1831.50-1836.90 with SL at 0.5% (1841) of capital and TP at 2.10% (1796). Hay que tener cuidado con el Oro, siempre arriesgar un 0,5% del capital, nuestra zona de venta es 1831,50-1836,90 con SL en 0,5% (1841) del capital y TP en 2,10% (1796). Paciencia, Disciplina y Buen Trade! Keep it...
Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions...
Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions...
Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions...
Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions...
Welcome back Traders, Investors, and Community! What should the XAUUSD bulls do when the Fed is about to signal the withdrawal of monetary stimulus? Run! They were taught this very well by the ex-president of the ECB, Ben Bernanke, who, with his message about the end of the QE, launched not only a taper tantrum but also the gold downtrend. History repeats...
Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions...