If you follow mainstream media you will
see there is a lot of negative comments on
bitcoin
--
Especially against the biggest crypto market
exchange founded in China,
--
Called Binance.
--
This is the perfect time for you and me
to find a safe haven into buying Bitcoin
and Gold
--
Gold and Bitcoin Are:
--
1-Outside The System
2-Outside Geo-Political...
6.8.23 This video is mostly about Coils. I try to avoid coils because they are very stressful and they have very poor risk reward Parameters..... and it's just better to look elsewhere. This video Gives you a symbolism about how markets evolve out of the coil. It is not a perfect symbolism... but I use it because it keeps me out of trouble more often than not....
Looking at the 1D chart, we see a price displacement (a significant and energetic push beyond a prior high/low without quickly retreating) on May 16-18, 2023. This reinforced a bearish outlook; however, after a low was established May 30, price has failed to displace that low twice (June 5, and today (June 7)). I don't see a fair value gap, breaker block, or other...
This is the setup for the retest of the opening range on GOLD today using the OTA TradingView Tools.
We have high timeframe momentum going down and the middle timeframe trend going down. Therefore we are looking for a breakout to the downside and the retest on the rally base drop.
Looks like high probability that we sill see #gold in the mid 1800s again shortly based on technicals.
Fundamentally we have sticky inflation and a strong jobs market in US, which lends to another rate hike, thus recessionary trade taking a backseat for the short term.
This is a daily analysis for gold. i found an inefficiency labeled volume imbalance that i anticipate the markets to gravitate towards. with this bias i can go in to lower time frame and trade this direction during certain times of the day
Before I get into the writing of this idea, I understand that I am likely gonna be in the minority and I understand also that a lot of people are going get highly upset because gold tends to have an emotional hold on many traders — which I find interesting. Nevertheless, here's what I see....
This analysis is being done mostly from a weekly chart. So, to...
5.31.23 This video was a review of oil which had a great move lower to the bottom of a lower range box... if I had been long I would probably just take my profits as I explained in the video. it is at a potential support area but we need another 4-Hour Bar which would take over an hour for me to make a trade decision. At the end of the video I started To talk...
In this update we review the recent price action in th eGold futures contract and identify the next high probability trading opportunity and price objectives to target
price move up strongly after that selling pressure is coming
if you check OBV and MACD on m30 bearing divergence is showed
good selling on m30 confirm this entry
