Gold bearsNot quite the time yet for gold to shine.
The past couple of months are proving that gold will not follow equities and cryptos, but rather follow the dollar (weird)
This is the main argument for the milkshake theory though, it will be interesting to see how it plays out.
Share thoughts in the comments.
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Preciousmetals
Gold Important Levels and Zones- April 2021 Update!Traders, Gold has always been very good with our FCPStrategy. Last week it came back to our 1681 area which we identified in August 2020. Now because that levels is important, it started to form a double bottom. Beware of that double bottom. That may lead traders in to the thinking that gold has bottomed. But there can be a final downward move to collect the stop losses on XAUUSD. So be watchful.
Please note that the Gold also has a bearish case on monthly time frame in 1500s so if 1681 levels is broken on weekly basis, we will switch our bias to bearish once again.
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2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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HEX CRYPTOCURRENCY. SAVINGS ACCOUNT ON A DIGITAL LEDGER > GOLDGOLD BUGS WEEP SOME MORE.
I THINK GOLD WILL CHUG ALONG INTO 2.5K RANGE BUT CMON ON MAN IT'S 2021
DUMP THE YELLOW BRICKS.
Silver XAGUSD closed below 200dma. The Silver market has traded above the 200dma since May of 2020 and now we closed below it, and looking to test key horizontal support at the 22.25 level near term. The RSI is nearing oversold so a dip towards this key horizontal support may find buyers for those traders wanting to be long the silver market.
Drop Fiat Challenge... Trade Of The Century! - Bitcoin Vs GoldMultilayered strategy.
With inflation running hot into the foreseeable future Bitcoin and Gold have my full attention.
Expecting Gold to hit new lows against Bitcoin over the next few days.
Short term 2 bar trail.
Longer term hodl... continuing to cost average into short position until 4th quarter.
Gold: Just some infosHi Guys,
what's your view on Gold?
Are we at the beginning of an uptrend like the one started in 2008 following the Global Financial Crisis or
are we at the top already?
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Thank you for your support and for sharing your ideas.
Be good!😉
Cozzamara
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
IMHO: The point of trading is to make money. To make money you must have money. Depending on the money at your disposal, you can decide what to do and how to do it. By having stops you decide how much you are willing to lose. By having targets you decide how much you want to earn. Be disciplined with your protocol and with your strategies for trading. Sometime you win, sometime you lose. Don't be greedy. Be realistic. Be wary but not afraid. Be curious. Use your brain. As long as your working process make sense and your spirit is calm, everything will be fine. Be patient and be prepared for any circumtances.
XAU/USD going as planned, could the bottom be in? @SmileyTradesHello Traders!
Hoping to provide a short term update for you as opposed to the Longer Timeframe analysis I did previously potentially signaling a bottom.
So far, Gold has been trading the Nested MMs beautifully, but we are still waiting for the 2nd Traditional Series setup will reach target. With recent price action being a consolidation above previous resistance, we can start to feel confident in Longs.
Key levels are on the chart...there is, of course, the Opposing MM series in play and we must pay attention to that. I am expecting we break the Short Series and have some strong resistance in between $1,875 - $1,925 at the ATWHWB.
I'll link my previous analysis of the larger timeframe to this post for your reference!
Happy Trading, always manage risk.
Quality in trading is the ability to react to one's own psyche
WPM - It's Do-or-Die TimeFor WPM , it's getting very close to do-or-die time.
A break above the red resistance range (with at least one daily close) would be SUPER bullish for WPM and the whole precious metals sector. However, should WPM break below the green support range (with at least one daily close), we would expect a lot more downside pressure to come to the precious metals sector. Which direction will it be? Are you prepared?
The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important to do your own analysis before making any investment based on your own personal circumstances. Please subscribe to our channel if you like what you are seeing!
Klondike Silver - Ready for the Next Move UpWe are getting a double retest of December's breakout point. Assuming OTC:KLSVF does not lose support, we are expecting much HIGHER prices in the weeks ahead.
The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important to do your own analysis before making any investment based on your own personal circumstances. Please subscribe to our channel if you like what you are seeing!
The corrective structure is almost finished XAUUSD / GOLDToday, we want to share a bullish opportunity we are aiming to take in the short term
-We consider that the Flag Pattern is finished and has reached a critical level: the support zone + the ascending trendline. That provides us with a confluence situation.
-Now we expect a bullish movement from current levels towards 1950 (the next resistance zone)
-It's important to say that we will not take a trade right now. We want to see signals that the reversal is happening. For example, we want to see a breakout of the descending trendline inside the flag pattern + a throwback before developing setups.
-Now, we want to pay attention to the price action on the current area between the support zone and the descending trendline
-We have defined an invalidation level. IF the price reaches the red line, we will consider that the bullish view is not happening, and we should pay attention to more bearish pressure coming.
Thanks for reading!