Gold shows some bearish indication Entry 1942 TP 1915 SL 1970
Hello, It will be a quick one as the chart says it all. Basically, I think the current setup looks a lot similar to the price action we saw at the end of 2018 and the beginning of 2018. 1. BTC made three consecutive lower lows on the 1-week chart, consolidated for a bit then made a new low which was the final one. We saw the same think happening the 15...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. 🗒 GOLD has been overall bullish trading inside the blue rising broadening wedge pattern. Moreover, the 1900.0 level is a strong support and round number. 📌 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green...
Gold making parallel channel and now going to make HL Entry 1930 TP 1920 SL 1940
XAUUSD verify its bullish trend making three white soldiers and a bullish engulfing, here we can take entry by 1:1 ratio.
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. SILVER has been overall bearish trading inside the red falling broadening wedge, and it is currently retesting the upper red trendline. Moreover, the zone 25-26 is a strong resistance zone . 📌So the highlighted purple circle is a strong area to look for sell setups as it...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. GOLD is overall bullish trading inside the rising red channel, however, it is currently retesting the upper red trendline. Moreover, the zone 1870 - 1900 is a strong resistance zone . So the highlighted purple circle is a strong area to look for sell setups as it is the...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for XAUUSD . Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. After an aggressive bullish movement late 2021, SILVER has been overall bearish trading inside the red falling broadening wedge , and it is currently retesting the upper red trendline. Moreover, the zone 25-26 is a strong resistance zone. 📌 So the highlighted purple circle...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. GOLD is overall bullish trading inside the rising red wedge pattern, and it is currently retesting the upper red trendline. Moreover, the zone 1830 - 1845 is a strong resistance zone. So the highlighted purple circle is a strong area to look for sell setups as it is the...
GOLD is also known as the standard for safe-haven assets, we can see a trend line that is serving as a steady uptrend resistance line, as the war, recession fears, and inflation still going strong we have all the supporting factors to keep that growth. We registered $130 in the last 3 months and we are still far from a conclusion on the war and economical recovery...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for XAUEUR. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Gold has reached our target of $1770, and as predicted, is having trouble with this level. We are running into resistance as we push toward a previous value area. The price action is rounding off and the Kovach OBV, though still strong, is tapering, suggesting that we will range or retrace. A significant retracement could take us all the way back to $1720, or...
Gold has rallied massively, breaking through to the $1700's. Yesterday, we tested our level at $1683. As predicted, it provided resistance. A pullback tested $1670, where we immediately saw a strong pivot. Then momentum continued through $1683, and several levels after that, solidifying the $1700's. We reached as high as $1720 before a red triangle on the KRI...
Gold has dipped, as anticipated. We punched through $1658 and are heading for $1640. The Kovach OBV has turned sharply downward, suggesting that we will need significant momentum in order to pivot off these levels. We should see some support at $1640 but if not, lows at $1629 should provide further support. If we somehow pivot, then $1658 should provide...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for GOLD. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
In previous times of turmoil, any investor was considered wise to place money into gold vs. fiat or any other investment vehicles. However, this comes with many issues, including accessibility, transportation, etc. So, in my opinion, Bitcoin (with its limited supply coupled with high demand, easy access, and easy transportation) will become considered the safest...
Gold has broken down from $1670, finding support at $1658 before equilibrating after the hotter than expect CPI data. Support was confirmed by a green triangle and we were able to recover, testing $1658 one more time before tending toward $1670 again. The Kovach OBV is pretty flat, suggesting we may waver around current levels before we see another significant...