Technical Analysis Similar leaning head and shoulder pattern to start of Q4 of 2021 for Gold price. Used same slope as 2021 for estimating trend line forecasted to a take-profit level at 2114 Support level. Estimated time frame for take-profit orders would be around September 2022. MACD and RSI convergence shows bearish signals in the short-term. Big swing in...
Beloved loonie is giving it up to gold. Nice breakout area
Great looking consolidation last few months. Price pressing up against high of range. Looking to bullish setups on smaller time frames and expecting nice follow-thru on breakout of this range
In this 10-minute video we aim to explain what's happening in the bond market, and as a result its implications to the USD, to stocks, the USDJPY and gold. Today's US Consumer Price Index (CPI) data due for release on Wednesday at 1230 GMT may be already priced in and prices may not display logical textbook reactions.
Bullish breakout of last swing high developing. Completed backtest of downward trendline. Maintaining trajectory of longer term upward trendline
Looks like a nice low risk breakout entry - long
Gann stuff, so, On Aug 7, 2020, the ath was in. Using this date, and converting it to price =2008.07. Well, the time required to get to that point of reversal is 302bars. Divide the price difference (2762.43-2008.07=754.36) by the Bars 302 and a pretty nice ratio, of 2.5:1 is the result. The chart scale is 5:1 (5 dollars in price and 1 bar in time), so this...
Using a chart scale of 1 bar = 5$. Text notes in idea indicate my thoughts. Don't rely on this analysis, I have no idea what I am doing :) GLTA!!
crazy how the channels hold the price. I posted the channel a long time ago, divergence stoch showing up so close to a turn up
Quarterly log chart for $XAUCAD. Super simple... and other than $XAUUSD... they almost all look lik this. Crystall ball in your hands when you look at other currenciesmeasured in gold. You realize when you aren't back by a stroe of value.. you are valueless! Fiats going to zero is baked in the system. Enjoy! #patience #gold #silver $slv $gld #fintwit $sil $silj...
- 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...
For my Canadian follower, Sill your real estate and do not wait for the the 6 months deferral to end, Market will crush. Put your money into gold
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.
MY BOSS BOUGHT THE TSX AT THE TOP! I HAD TOLD HIM TO BUY SILVER, HE LAUGHED AT ME! THE CHART SPEAKS FOR ITSELF!
My game plan for my next killer long trade for gold. DM me for my entry!
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...
See originally posted ideas,
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...