DX x ZN opposite correlation yet to prove witch one is right. CL only above LVA of 2022 to resume up again / don't forget that there is a war on this one. GC entering seasonal up till Sep 04/23. Please listen to the video for more acurated points on all of them. Thanks.
I felt I had to do another video because a traitor was taking a short position when I would have been long. I was thinking like a buyer and I didn't look at her entry even though she gave me enough information And in retrospect if she had Shorted at the 382 That's a reasonable trade to go short. It is worth following the thinking.
Shortly after the last video gold and silver moved to the next 4-Hour bar and on both markets the chart gave a two-bar reversal pattern to go long. It doesn't mean you should go long... it's a reversal pattern not a commitment. But I wouldn't short A reversal pattern that triggers a long trade. if I did that type of trading I would have to use much larger stops...
In this update we review the recent price action in the Gold futures contract and identify the next high probability trading opportunities and price objectives to target *Past performance not indicative of future results
6.27.23I was asked if the ES was a good short trade...And I think it is... so I framed it.
6.22.27 The market is at a 1.272 which could be a reversal for the market to move higher. On the other hand I think it's going to move lower so I asked that question and I submit an answer. it's very important to frame your opinion about a market Looking from the distance and Looking up close. I went through the transition from the low pivot to the high pivot...
6.22.23 In this video I discuss some of the mixed messages of the dollar versus the gold. I started out with the silver market because it really looks to me like it's going to go lower and that's significant because that may influence the gold in a positive way so that it goes lower. the dxy Is a mixed bag for me... it's not clear. and that's the market sometimes....
6.21.23 I focused on gold and silver since I described A potential opening price trade lower for both gold and silver..... so technically you could be on an opening price short trade for either market. The premise for both markets was that both markets settled near their low the previous day and if there was a weak Reversal higher and the market started to trade...
In this video idea, I recap the markets that I am looking for the Asian ICT Silver Bullet Model, from 20:00 - 21:00. In essence, I'm looking at the metals and crude.
6.20.23 This video is about gold and silver and my quest to buy one or both in physical form sometime this week. The question is :Is the support going to hold or not?" If the market breaks below the support line it Is running the stops Taking out Buyers as it moves to a new level lower To find a new support.
Alot is going on in the financial media about fed funds rate, if you watch this video you will see how we can break down exactly whats going on in the global economy and why Gold is a good buy Cheers, Lubosiforex
6.15.23 The video is fairly adequately Representing my thoughts. I talked about the es coming to reversal area, And I compared it to the Russell which represents Many more stocks. I believe the bearish performance of the Russell Represents the bearish nature of the market in general even though the ES has been surprisingly strong. I talked a little bit about...
6.14.23 The gold Looks like it's going to move lower because of the way the market closed today. On a daily chart or 240 minute chart the market look like it was stuck at a support area and that it wasn't going to move lower. In fact the gold moved higher on the open.... it retested the gap lower... and then it made a new low for the day. the daily chart and the...
6.12.23 This video is mostly about oil which is showing a two-bar reversal and dead you might want to take a trade for the market to move higher. you could have had a short trade when the market opened Sunday.... and now we've come to buyers with the two bar reversal suggesting the market might go higher. There's more to this on the video. I squeezed in gold......
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....
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.
In this update we review the recent price action in GOld and identify the next high probability trading opportunity and price objectives to target