Hello, Traders! GOLD has reached the resistance line I was talking about. Now, its time for GOLD to go down. Because those who bought from support will be closing their longs Taking profit and hedging Bears like us will be amassing short and selling Thus I expect gold to retest support Sell! Like, comment and subscribe to boost your trading! See other ideas...
Today´s post is about taking previous situations and analyzing the similarities of them to current conditions. Why? because “History Doesn't Repeat Itself, but It Often Rhymes” – Mark Twain. Please be open-minded to the idea that this is a Hypothesis, and of course, the price can take any direction from here. But we see similarities that we want to take into...
Golds strong run doesn't look like ending anytime soon. Expecting for XAUUSD's next leg up to play out shortly. Once the resistance between $1,965 and $1,973 has passed a push is likely to test the $2,000 zone. Go long.
Hello, Traders! GOLD went up from support just as I predicted! Now the precious metal has reached the falling resistance lline And will most likely respect it So it will fall from it Target=falling support Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Looks like ABC correction after sharp drop is done. Should continue going down. Or we could also see double correction.
Gold is completing a correction and setting up for a move to the downside Share thoughts in the comments. Like and follow Good Luck
Platinum to go up a bit What do you think? Let me know in the comments Like and follow for more content Good Luck
Gold is blessing us with wonderful moves these months for sure Now Gold is near support confluence Let's buy from support Target-resistance Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Gold looks like it's about to make a new leg higher but will it also drop 5-7% first? The dollar and gold tend to create very distinctive price cycles if you know how to look for them. Renko helps to see these price cycles and time seems irrelevant to them. I am seeing a cycle low in the works now but I'm not sure if it's complete yet. I will venture to say...
Silver is bouncing back and forth between its triangle formation. Where is it going next? Extremely strong seasonality coming up in Q1. Chart looks very bullish and we are still winding the spring before the next move up.
Who knows where gold is going to go? Bullish so far, but?
GOLD went down MASSIVELY just as I predicted! Now, it is again below the resistance Will keep falling in a wedge. Sell from resistance Like, comment and subscribe to boost your trading! See other ideas below too!
As gold sells off following the overreaction to positive vaccine news and a supposed election conclusion, I am looking for our downside targets. This is in my opinion will finally result in a healthy correction for gold following a parabolic move from March to August. For now the support at around 1850 is holding, I expect this to break however. From here we can...
As gold sells off following the overreaction to vaccine news and a supposed election conclusion, there is weakness afoot. This is in my opinion a chance at finally having a proper correction following the almost parabolic surge since March. For now the support at around 1850 is holding, I expect this to break however. From here we can see that the 60% fib...
Major rejection on Gold, Expect it to fall the the 1750s Share thoughts in the comments below Like and follow for more content Good Luck
With Election proceedings still in process amidst legal challenges to a plethora of voting irregularities, i thought it would be fitting to check in with my personal favorite 'safe haven' asset. As you can see price has been steadily trending higher on the weekly timeframe, experiencing a few instances of profit-taking along the way (which i believe we...
Wow....What a week right! I'll be honest I didn't bother staying up for most important event but we had BOE, Australia further easing, further bond buying is the theme globally (KEEP THAT IN MIND) and then most important elections, with Biden ahead and Trump wanting to go court. It's all very interesting but let me break down my fundamental and technical view...