- Price gold in uptrend from Jan-Mar, then consolidate, create resistance at $2018.45
- next uptrend Mar-Jun, even though the volume is high and the under-candle-leg longer than body-candle, test resistance and break celling price.
- significant uptrend from Jun- Au:
+ Narrow Bollinger band
+ candle short-leg
+RSI overbuy
PREDICT:
- price in uptrend, then it...
not too familiar with the chart tools but silver makes quick moves to catch up to gold.
It would be nice if retail price went down a bit, but $30 CAD is still relatively cheap.
Original position taken on the 25th of november. This is an equally weighted index of gold across the major currencies. I was able to secure a derivative contract with the above formula with a private party who've since defaulted in strike unable to cover the margin after +560 pips. Either way, this was a great example of a falling wedge in a fundamentally...
We've seen a very significant phone in the dollar today compared to the euro . China may have to wait until after the 2020 election to handle the trade disputes between not only the United States but also emerging markets.
All in all this is not made the dollar week and in terms of the dollar in a relative relation between the yen for example, Dollar going down...
Late Jan 2020 you might find a great buy in gold. Snp500 will most likely rally through dec and early January. I’m looking to pick up another 5 oz then. Cad will fall against gold in 2020
We've seen a very significant phone in the dollar today compared to the euro . China may have to wait until after the 2020 election to handle the trade disputes between not only the United States but also emerging markets.All in all this is not made the dollar week and in terms of the dollar in a relative relation between the yen for example, Dollar going down...
Very clean breakout and consolidation above the previous highs, some nice fib extensions around $2300 as a target. Potential support resistance within the broadening wedge.
If you follow my work, you know that I am very bullish on Gold (and Silver) and Bitcoin will also initially be doing well.
As a student of the markets, history and economics, I approach everything through the lens of classical economics as opposed to mercantile economics, today called Keynesian economics.
Classical economics is about hard money and low taxes,...
Loading up - finally getting a bit of a break in the downward structure.
Could have a nice move intraday early next week to break out of this week's high.
The higher price closes into this week's high the better. Not looking for much a retracement next week before it takes out next week's high
OANDA:XAUCAD
Canadians should buy gold. One thing for sure is Dustin True-Dough will continue to destroy the canadian economy with his "carbon tax" until the canadian economy is a shell of it's former self. Welcome to socialism! While most enjoy their own destruction, the only hope the canadian people have is aquiring gold at it's cheap current price. Unfortunatley less than...
![(XAUUSD+XAUCHF+XAUAUD+XAUNZD+XAUEUR+XAUGBP+XAUCAD+XAUJPY/100)/8: Gold: Daily Long Bias (Fundamental Analysis) [Equally Weighted]](https://s3.tradingview.com/9/98uwyM7y_mid.png "Gold: Daily Long Bias (Fundamental Analysis) [Equally Weighted]")
