Technical Analysis and Outlook Gold held a significant level of $1,500 price, which is a bullish setting, following completion of the Outer Gold Dip $1,46 0 and validating with Key Sup of $1,473 (BARC), while staying above Maginot Line $1,475 since October 1. Ahead now is Mean Res $1,533 . A breach of that would validate a breakout and leave the door open...
Technical Analysis and Outlook Silver road-map is now taking place in the Silver market. Silver also completed Silver Dip $16.92 , validating with Key Sup $17.00 and 'BARC' symbol, while holding the Maginot Line of $17.50 . The price action within and above the $17.50 against the $17.00 Key Sup has this week sparked rally towards the resistance level of...
Haven't posted on TV in a serious minute, but this is my prediction for Silver over the next few weeks. One of the clearest counts I have ever seen, and seems like a no brainer with Gold breaking out as well. Lets see what happens.
Monthly supply zone held very well and now consolidating just below it. Closing the month below $1520 would send us back towards $1380-1420. Buy anywhere between @ $1380-1420 with take profit @ $1622. Patience is needed trading higher time frames. I make these charts for multi-month swing traders & investing purposes. This is not a financial advise.
Hello traders! Monthly supply range(blueish) held perfectly well and now we are due for a retest lower. *16.60$ - was never re-tested after a breakout and now should be a point of interest for investors. We should see it being re-tested very soon. MACD suggest that there's plenty of momentum left & $16.40 in November - very likely. Next target is $23...
Hi, Traders ! Monfex is on the air ! Gold is noticeably retreating amid the positive progress in trade talks. * Positive news from Brexit and US-China trade negotiations are enhancing investor sentiment - positive headlines boosts investor’s risk appetite. Particularly, on the US-China landscape, the talks are taking positive course as the negotiations...
Golden cross plus alot of fundamental crap I never look at... technically sounds. LONG AF God Speed, Mr. Manbearpig
We might see a double bottom before the long run .
Even though the markets show a high level of uncertainty, the charts still show that technicals are still very good drivers to indicate where price is turning to next. After the 2019 rally of gold, bears get their selling opportunity. Price is trading toward the downside to find support somewhere around 1434.26 or possibly, 1132.82 Temporary short until price can...
Gold is a safe haven at this time. A rate cut is priced in of US Fed after worse than expected ISM Manufacturing and Non-Manufacturing PMI.
Platinum was the king of metals just a few years ago (in terms of price, not at all market cap!) Gold has since then delivered a knockout to platinum and showed once again that gold = the true king. The gold/silver-ratio shows that silver and other alternative metals are outpacing gold in this recent rally and that a shift might be emerging. With all the global...
In today's #marketinsights video recording I analyse #XAUUSDand #WTI #Gold higher on: - 10-year low ISM Manufacturing - North Korea missile firing - Impeachment inquiry pressures - US-Sino trade-war hard stance - Borris Johnson's rejected leaked plans #Crudeoil slide affected by: - US-Sino rhetoric - SA production restoration & Yemen ceasefire - Iran bypassing...
Hi all, we have had a breakout of the trendline for gold and I believe gold will drop in price! Have fun and good luck all!
It is always important to keep one’s mind open and to consider all possibilities. At this point I am expecting a pullback correction in Gold, between $1416 and $1434. If this pullback comes, this will be an opportunity to accumulate undervalued junior miners who will play “catch-up” to the large cap miners. Additionally, with the gold-silver ratio finally...
This is one of the mining companies at the top of my watchlist. ALO, AUMN, and SPAZF are also on that list. Looking to accumulate shares while it is undervalued. I anticipate a “catch up” move will take place. Conservative estimates forecast handsome profits
At Gold current prices, Spanish Mountain and many other junior miners are severely undervalued. Merely a move back to previous highs would be significant. In the event that we see a 1970's or early 2000's style gold rally in the coming decade, junior miners such as Spanish Mountain will perform incredibly. I continue to believe that the gold mining sector has...
Hi Guys, here some infos and some questions iro Gold daily. For additional infos about Gold please refer to the related ideas linked at the end of this post. For example click & play the following chart to watch how it moved since August 12th when it was posted. In relation to such structure please note how price found support just above the upper boundery of...