we might see some lower prices this week am not willing to buy gold rather sell it
11. 13. 22 This is an opening price trade too short gold. it is supposed to be a paper trade......................................................
Still with a bullish outlook. for this week, expect to see prices rise more
Textbook ascending broadening wedge for the $gsr (#gold to #silver ratio) has a measured-move of 48.6, meaning 48 ounces of silver to buy one ounce of gold. At TODAYS gold price, it implies $36/oz silver. But it will be more, because gold price will be more.
Any move above 1790 would definitely shake most of the bearish picture
GC it's going to know an upward wave. So the procurement process has to start.
Commitment of Traders. Gold in "bad zone". More work required. #fintwit #gold #silver #patience
As the vortex indicate, we are entering a short downtrend as the price broke under the HMA 418 average/ Disclaimer : I am not a financial adviser. This is not a trading advice. This post is For educational purposes only. Do your research as trading is very risky and you can lose more than what you invested.
Cosmic Gravity predicts that price will continue to rise at least until targets (see chart) based on a high bullish:bearish signal ratio across 2 timeframes.
W Formation is forming nicely on Gold and we are just waiting for a breakout. There are MANY elements to include in this analysis. 1. There was a fakeout with a Descending triangle which broke above the resistance showing the bullion buyers were not going to give up. 2. The downtrend has broken and the price has entered into a bull market. 3. Investors are...
GOLD FUTURES Rising and accelerating very strong upwards and from a very strong correction and we are likely to get very strong movement
Gold is on the rise, expecting the beginning of a new rise from today to the coming days
As you can see, the price was able to get out of its downward channel. The analysis is finished.
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...
The same vulnerability that existed last week (see idea linked below) is only a reversal day away and we're still in the downtrend channel. Rather than being somewhat inside the channel like we were last week, we are now just inside the upper edge which makes for a great risk/reward short entry. Copper is similarly at a trendline (actually a confluence) and has...
I want to get long but this is probably not the best spot here. Will wait for a better entry with a tighter stop.
hit the first trim target at the fib threshold 100% .. now buy more at the shallow fib and then sell more at the fib ext area. is there something gold is telling us that bitcoin is not? Fibo
Look for a test of prior swing high of 1738.7, which also is right at the 24 week EMA. This would be a bullish move since it takes over the 61.8 % fib mark; this mark would then become support. The period from 11/11 until year end is a period of seasonal weakness for the dollar index DXY. This should lend further support to gold prices.