DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
HELIOS AND MATHESON ANALYTICS INC, SPDR S&P 500, BANK OF AMERICA CORPORATION, ADVANCED MICRO DEVICES, INC., SPDR SELECT SECTOR FUND - FINANCIAL, ISHARES MSCI EMERGING INDEX FUND
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Do you follow the metals? Want to see a classic double bottom formation setting up for what I believe will be a "Rip your face off" rally? Here it is.
I use quite a bit of custom index features to track the major markets because I believe these provide a clearer perspective of the markets than following individual symbols. I find the data to be key to making ...
LOL AUSTIN POWERS THIS TA
Clear floor being set with volume on GLD, the test of lows brought in demand again and straight line move off bottom. Someone is buy the lows with vigor and using this range to cover shorts from spring highs and accumulate. Bears need to go on vacation or take profits before MM does. FOMC or JOBS numbers could set off the rocket. Cheers
Looks like GLD is forming a 4th position small triangle so expect a small spurt up soon, followed by a small retracement, followed by a 3 of 3 strong rally as record shorts are covered...as treasury rates rise...and equities fall significantly...
GLD close 115.8
We can see some drop to 114.4 by breaking down 115.2
after that critical Res @ 113.85
Blue or Red path?
I say blue with 70-80% chance.
GLD at important support level ?? maybe...
This is a continued short from where I published the alert of the right shoulder of this massive Head and Shoulders pattern playing out. The H&S is actually sitting on top of a long rising trend line (orange) in the chart. As you can see, that trend line has been breached. Look for a slow grind to $102. Gold is being challenged as a store of value, by that other ...
Based on my proprietary indicator (in testing mode):
Entry on green arrow
Exit on red arrow or stop loss or target hit
C,D extension zone of X,A is target area .
Looking at a long in $GLD. MARCH 115 had volume. $GDX $GDXJ $NUGT $JNUG Stay tuned.
TTM Squeeze breakout shows something big is happening for Gold $GLD. Buy puts and calls - double bottom with right elevated slightly shows a take-off could happen to the topside - but long term trend is still down
Barrier triangle is progressing and expect sharp rise in the coming day or two towards upward target...
GLD Bullish Credit Spread - Opened. We got our gap up this weekend as gold gets back above the 1200/oz mark. Looking for this momentum to continue.
Break Even 113.33.
It’s been noted by many market participants over the past few months that the gold-Chinese renminbi – aka the yuan, CNY (onshore yuan), and CNH (offshore yuan) – has tightened into virtual lockstep. This post explains this relationship and why it’s happening.
Full story: https://aff.whotrades.com/t/b/2sr7k/
Gold just hasn't been able to find a bottom for weeks. Finally getting a bit of a bounce off the (very) long term trend line and getting into an upward channel here. Otherwise it's a very long way down.
Looks like a good bullish symmetrical triangle setup. Should see a good retest of the $114.85 level. Should complete NLT than End Of Day Thursday (13SEPT). Goodluck!
Notice: Not Investment Advice.
gold may have finally found its support trend on the lower line? weak for now.