AMEX:GLD is hot on my watch list as uncertainty in the world markets should cause investors to park their money in gold. AMEX:GLD is down -4% for the quarter and is due for a rebound. Technical Analysis: AMEX:GLD has been consolidating in a falling wedge and is approaching the .618 retrace at 177.24. I lean bullish on AMEX:GLD as long as we don’t break...
LONG opportunities incoming for Gold *W (tf) (wave 5) Wave 4 completed ? Long Confirmation is anticipated with the red trendline resistance breakout and CHoCH's on smaller time frames. Current support trendline support on green and 20EMA on *W TA speaking, Gold is sitting at a very sweet spot until the uptrend is invalidated - Looking ahead for New All Time...
The geopolitics of wheat has once again come under the spotlight. Wheat prices jumped 4%1 as news broke out that a major dam Kakhovka in southern Ukraine had been destroyed. This is not the first mishap with the dam, as both Russia and Ukraine accused each other of planning sabotage back in October 2022. In Ukraine, flooding caused by the destroyed Kakhovka dam...
All you need to know about #bitcoin and where it's at , Fundamentally and TA speaking ; Fundamentally, there is a mixed feeling between Bulls and Bears. They both have their solid case ; Recently #bitcoin has been fueled in price by the Banking Crisis which is likely to continue, and Feds may be on no support of banks bailout, as the US Debt Ceiling has reached...
Based on analysis of UKOIL's all-time chart from year 18xx, I believe it to be in a massive Flat correction. With Wave A of the Flat stretching down from $145 to $16, this gives implication that Wave B is likely to move up to the range of $331-$557, likely before the year 2030 arrives. RSI divergence on the monthly chart should also be present during the...
Gold map in the coming weeks. In light of the fluctuations and bankruptcies of banks and the collapse of the strongest reserves in the world, the US dollar, and the collapses in the US economy, all of this supports the rise of gold, but it does not mean from what point we buy gold for investment, Currently, it will settle a downward wave, and according to the way,...
The Russian Ruble is represented on an inverted, logarithmic scale vs.the G/S & G7 currency basket, where a rise in price levels on the chart indicates an irise in the Ruble. For all the widely known reasons the Russian Ruble remains a remarkably accurate yard stick of the march of imperialism and the states of various hegemonies ("Globalization", in short) for...
My experience and my words only I see that gold will settle the same scenario as the previous year and so on! ❣️ This analysis fails if it breaks the 2075 candle and opens a candle above it for a whole day! We await the liquidity of the sellers whales and decide
Taking a look at PLTR in this video! Been a long time since I made a video. Let me know if you have any suggestions!
Bitcoin Analysis: Technical and Fundamental Factors to Consider Bitcoin, the world's first decentralized digital currency, has been the subject of much discussion and analysis since its inception. As with any investment, it's important to conduct a thorough analysis of Bitcoin before making a decision to buy, sell or hold. Here, we'll explore the technical and...
The US dollar has maintained its status as the world's dominant reserve currency for decades, thanks to its perceived security, resilience, and the depth and liquidity of US markets. Despite concerns surrounding the dollar's hegemony, it remains a crucial player in global transactions. Meanwhile, China's economy faces challenges, such as growing provincial...
Good evening ladies and gentlemen for a long time I could not comprehend the schedule, pondered for weeks, days and nights on the full moon closer to Easter Sunday I realized: USD\RUB is a livermore cylinder more precisely, I would say a cylinder in a cylinder in which a rabbit Nabiullina, of course, is still a magician, but the rabbit is real, and tricks are...
Bitcoin Update: Resistance at $29,000 and a Potential Correction to $24,500 As of April 5th, 2023, Bitcoin is trading at around $28,000 USD, and the price has been trying to break out of the $29,000 area for the past two weeks. However, there seems to be a lot of resistance there, pushing the price down to the support levels at $28,000 and $27,600. On the other...
Gold Price Forecast in Light of Finland's NATO Membership and Potential Conflict in Europe With Finland's recent entry into NATO, there is increasing speculation about the potential for conflict in northern and eastern Europe. As tensions continue to rise between Russia and NATO, the price of gold is likely to see a significant increase. As a safe-haven asset,...
We can easily see a spike up to ~ $64 on the VIX if these narratives continue to worsen in Ukraine. Correlations are approaching 1? VIX will soar.
Recent Price Movements and Potential Future Outlook XRP, also known as Ripple, has been in the news recently due to some positive developments, which have led to a price increase. However, the price of XRP has been volatile and has experienced significant fluctuations in the past few weeks. In this article, we will analyze the recent price movements of XRP and...
Good Day Everyone Bitcoin's Consolidation at 28/28.5k Areas Suggests Possible Retest of 25k Areas Bitcoin, the world's most popular cryptocurrency, has been consolidating in the 28/28.5k areas for some time now. This consolidation phase suggests that a possible downside move may be in the cards, with the 25k areas being the likely target for a retest. One of...
GOOD DAY FELLAS Gold, represented as XAU USD, is currently trading at 1980 USD. While many market participants expect gold to break its previous high of 2080 USD, there are diverging opinions on the future price direction of gold. In this analysis, we will explore the fundamental and technical factors that could influence the price of gold in the short and long...