preciousmetals

I'm extremely bullish on Silver. Golden Cross developed in Dec '18 and since then the price has increased 17% from low $14's to the current price of $16.50. I'm bullish on Bitcoin and precious metals, but out of all precious metals I think Silver is going to have the heaviest return. Feds cutting the interest rates for the first time since 2008 in order to...

GOLD Though 3 days ago the daily close was the highest close since 2013, we stopped the rally. On the 8 hrs chart above it still seems we are just testing back the triangle but as we are on day 18 time is not working for us. Today is day 18. I'm expecting a top on the 25-26th day. That would be on or one day ahead of FOMC....

Hi Guys, double bottom supporting at $14. 2nd bottom forming in divergence with RSI oversold. 230SMA stopping the pull back and pushing down as in 2016. IMHO a cross of the 230SMA with price breaking and consolidating above $16 may trigger a run towards $20 (1000SMA) with 1st TP at $18. Otherwise, IMHO, if support at $14 is breached, Silver will probably keep...

My analysis has been nearly perfect. My Fibonacci amplitude arcs are clearly indicating multiple levels of resistance continue to hold Gold below $1450. Once these levels are broken, Gold will skyrocket higher. Won't be long now folks. Watch how this blows past $1500 and lands somewhere near $1750

Good day fellow traders! Daily time frame: Gold can be unfolding a higher degree wave C), as part of a bigger A)-B)-C) structure, out of a previous triangle correction. Wave C) is an impulse and may unfold five-waves to the upside, before resistance for wave C) may be seen, and a change in trend may follow. At the moment sub-wave IV of C) can be unfolding, and...

Hey Traders, In this idea, we are going to take a look at the recent price action of Gold. I am seeing a couple different patterns that may indicate where the price of the metals are likely to go next therefore we will be taking a look at how I plan to trade these patterns with the probabilities in our favor! I will also be sharing a couple crucial elements to...

Using my proprietary Fibonacci Price Amplitude Arcs, is this the future of Silver? My research suggests that Silver is still forming a Wave 1 pattern and has yet to setup any type of correction that constitutes a Wave 2 formation. If my research is correct, we have a long way to go before the upside move in Silver is over.

GDX is still 12% below its 2016 highs, despite Gold having already surpassed its 2016 peak of 1375 by roughly 5%. On top of this, the GDX having more exposure to unhedged miners should result in GDX out-performing the HUI hedged senior miners in a bull market. This is not the case, as the GDX is actually under-performing the HUI. Highest probability assessment...

Looks like a stage 1 base is forming in platinum. Looking for a big move to the upside. Will be trading PPLT

Hi Guys, here it's where Silver is in respect of its position prior to the 2008 Financial Crisis. Please watch the RSI and note the shift in sentiment that has been persistent since 2014. Silver has been in Low Sentiment for the last 5 years. Sentiment was runnung high before the 2008 Financial Crisis but fear drove money out of other markets into safe havens...

Hi Guys, normally I do not use the A/D indicator or Volume becuase I don't need them for my trading. I want simplicity. That's why I use RSI and two SMAs in addition to XP, news, events and patterns. In this case A/D just confirms the strong bullish trend which is evident just by looking at price. Volume seems to provide...

this is an overlay of the previous bull market from Gold on current pattern. Price has pierced through the cloud and Chikou span has just entered the cloud. Based on the fractal we can expect more upside to ~$1600 followed by a retest of the breakout at ~$1400. This woud be the ultimate entry of the decade for Gold

If you are looking to trade Gold SPDR Trust ETF (Exchange Traded Fund) or Gold XAUUSD cash market, the long term Gold GLD forecast is bullish. Gold ETF has been rallying for the last weeks creating new strong impulses on the weekly timeframe showing more strength on the bull side. Currently we have a weekly supply imbalance in control around $126. As supply and...

*If you like this idea please support it with a like so I can publish more. Thanks! More details about me in my signature. XAU/USD - Elliott Wave Outlook Bullish Swings - Patterns: Cycle Degree Contracting Triangle (turquoise) ABC sustained bullish swing in Cycle D (turquoise) Bearish Swings - Patterns: ABC Wedge Formation in Intermediate (A) (blue) Next...

Hi Guys, in 2016 Silver made a bottom at 14$. At the end of 2018 it made another bottom at 14$. In 2016 price pulled back right into the 1000SMA. In 2018 Silver pulled back too but price have not touched yet the 1000SMA. In view of the above IMHO there is no need to enter the market at this stage. First need to build support above the pink 0.618 Fibo. When...

Technical Analysis and Outlook The metal Inner Gold Rally $1,555, and Outer Gold Rally $1,590 are currently at play respectively. We are now well into our rallies zone, trading between Key Res $1,525 and Mean Sup $1,500. To continue the rest of the story, see 'Market Insight & Commentary August 21, 2019 page, at TradingSig_dot_com.

Technical Analysis and Outlook On Tuesday (August 13) Silver market completed of the Outer Silver Rally $17.50 in dramatic fashion. There is no doubt that Mean Sup $16.95 is a fundamental/technical platform. On the upside, we do have a high probability of revisiting completed Outer Silver Rally $17.50 stage one, and next Outer Silver Rally marked at $18.10 stage...

Technical Analysis and Outlook Trade Selector Signal symmetry move is completed at Outer Gold Rally $1,508 and Inner Gold Rally $1,510 respectively. We are now well into our confirmation mode of the Key Res $1.505. The possible pullback to Mean Sup $1,442 might be inevitable. While we are also on trial with our long-standing symmetry move towards next Outer Gold...