Something gonna be repeated ?! According to Uptrend regression line (long) the ratio would oscillate around base line, the rate of xau-usd descent is more.
OANDA:XAUXAG Short at the moment and would like to discuss with other traders who trade this ratio.
Technical and fundamental factors continue to push gold higher. At the moment, it trades around 1 995 USD/oz., just slightly below 2 000 USD price tag. We maintain a bullish stance on gold and we expect it to break above 2 000 USD and continue higher. Our medium-term price target of 2100 USD stays in place. Our long-term price target of 2300 USD also remains...
Over the past four months, gold has shown strong resilience. Despite the U.S. interest hike, gold failed to drop substantially. Instead, it moved close to its all-time high value; however, it halted its rise at 2075.63 USD. After that, gold fell below 1900 USD. Although, this drop did not last long, and gold retreated to the 1950 USD price tag a few days later. We...
Beta testing a new strat. XAUXAG Long on the Daily. Targets and SL on the chart.
Gold continues to trade slightly above the key technical level at 1835 USD. We continue to maintain a bullish view on XAUUSD. However, we would like to voice a word of caution as there is a FOMC meeting this week which may present itself with increased volatility in precious metals. Investors will get more clues on upcoming rate hikes and economic tightening which...
I think when wave 5 of 5 is complete, the price come back to down and it can affect on SIVER to goes up
# XAGUSD is breaking out on the 5-15min, Precious metals are breaking bullish in general. Looking for a short term long on Silver, especially with a confirmed H&S patter on XAU/XAG chart. Trade: Entry: 22.736 Target: 22.780 Time Frame: 1 day Boom, @theRaggy
Nice short coming in on a break of the neckline of a #HeadAndShoulder pattern @ 79.80 on the 4 hourly LUX Algo - Under Sell with a down trend Autochartist.com - Probability 71% & Quality 8/10 - Target 78.00 My Trade: Entry: 79.45 Target: 77.90 Time Frame: 3 days Boom! @theRaggy
Gold remains stuck in the neutral zone between 1750 USD and 1835 USD. Its trend continues to be neutral. Several fake breakouts above or below the neutral zone took place, however, a new trend failed to be established. We await the FOMC on 14th and 15th December 2021 as it will provide more insight into FED's next actions. Despite gold's neutral trend we remain...
XAUXAG - Gold/Silver Ratio! Question I get asked: Why do you look at the XAU/XAG? Simple answer: Measuring the strength. Which metal has a greater R/R potential and that's been silver. Now personally I am much more bullish Silver since last yr march, given analysing the market of both gold and silver, which I stated this in my year ahead video outlook for...
XAUXAG is consolidating in a symmetric triangle around the 2016-2017 correction zone. The symmetric triangle is a continuation pattern. When it breaks we are When it breaks we are going to test 56,8 and later 50,3. The measured target of the symmetric triangle is around 42. If gold rallies to 2300-2400$ and the XAUXAG drops to 42 at the same time silver will...
To support a strong up move in silver, gold should be performing as well. Reasons why gold will be performing and could retest August highs on the last week of February, and after making a pull back into early March creating a cup and handle pattern - storm to 2500 by April: 1. During March - November period gold has made a 9 month long picture perfect bull flag....
We have hit a perfect double top in gold futures at 1767.9 (1767.2 first low in Nov) on a monthly time frame. Cycles are up and selling volume is decreasing. As long as gold doesn't close below 1767.2 this week - it is one of the most bullish assets on the planet right now! However, remember to be cautious because futures trading involves a substantial risk of...
Fresh Friday cycles chart - silver is the one shown today. Very bullish setup.
Cycles chart for gold, drag around the chart to see all the details.
Hi all, That is not investment advice Gartley has already been converted crab Inverse cup and handle 60.874 Trade with care ht.