AMMT

Silver still trapped inside triangle formation, lagging with regard to gold's performance....waiting for a break higher and moving average inversion for bullish entry.

XAU/XDR - #Gold vs #SDR( IMF Special Drawing Rigsts)...trendline break and new up trend established...

Long BHP. Good 5%-ish yield. Trend up and with momentum.

#Gold #GoldIndex is up against all major currencies. Need to clears key resistance area....

Similarly to Silver, Gold is retracing, possibly to 12580-1300 area. This area coincides with the 50% Fib retracement from the low of the end of May to the high of the beginning of July and an uptrend line in place from the start of the year. The weekly long-term GMMA (blue group of EMAs) is well separated and moving upwards, indicating with relatively high...

The S&P 500 index may be in the process of retesting the 2100 area, which corresponds to the 50% Fib retracement of the low of the end of June to the high of mid August, coinciding also with an uptrend line in place since the beginning of the year. The weekly long-term GMMA (blue group of EMAs) is pointing upwards and expanding, indicating a high probability...

The EURGBP pair seems to have initiated a pullback, possibly to the 0.8-0.81 area which corresponds to the 61.8-50% Fibonacci retracement from the low of mid-end of May 2016 to the high of mid August 2016. The weekly long-term GMMA (blue group of EMAs) is expanding upwards indicating a high probability that the current price movement is indeed a normal pullback in...

Silver currently initiated the pullback movement to the $18 area, corresponding to the 50% Fibonacci retracement level from the lows at the end of the month of May to the highs of the beginning of July, and coinciding with two up trend lines. Also around the end of May, the weekly long term GMMA (blue group of EMAs) crossed and started to expand upwards,...

At the beginning of the year (ie 2016) Gold was able to break upwards the falling wedge in place since the mid of 2013. Currently, it seems to be in a corrective phase, to retest the previously broken wedge. It may fall to the 1147-1200 area, coinciding with the 38.2-50-61.8 fib levels and a long term area of price support/resistance. Meanwhile, RSI seems to...

Motivation: - Group of moving averages is well spread and pointing down, indicating with a high probability that a solid down trend is in place - Formation of a bearish triangle pattern in a well established down trend; Entry @ 159.26 SL @ 162.8 TG is open, although my first "mental" target is the 150 key round level. Trade Management: boxes in units of...

Motives: - Blue group of EMA's well spread and pointing down; - Formation of a bearish pennant pattern; - Inside bar (within the bearish pennant) - trade only in the direction of the trend Entry @ 79.24 SL @ 81.25 Full target of pennant pattern ~ 72.50 or key round 72 level. Trade management: box in units of risk-to-reward ratio. Lets see what...

The weekly long-term GMMA (orange) of this pair is starting to expand in the upwards direction indicating that it is likely that an new uptrend is in place and gaining momentum. Meanwhile the weekly short-term GMMA (blue), that tracks the behaviour of traders, shows a bit of compression, indicating that traders took profits from the price move from the low of...

The weekly long-term GMMA (orange) for this pair has very recently made a bearish cross after a long period of compression. During this period, the weekly short-term GMMA (blue) has been pointing down and the group of blue EMA's have been well spread, only showing periods of weak compression. This information indicates that there is a high likelihood that a new...

The USDSEK has recently made a upwards corrective move, since the down slope move from the highs of the beginning of March, finding a strong resistance barrier around the 8.15 area. The weekly long-term GMMA (orange) since then has been in compression mode, indicating that there is a high probability of a true trend reversal. On the other hand, the RSI(14) has...

The USDCAD has been trending down from the beginning of 2016. The long term weekly GMMA (orange) has begin to compress since then and starting to roll-over. On the other hand price has retraced from the lows of the month and it seems that has found resistance on the weekly long term GMMA. Stochastics is on the overbought area and starting to cross down....

The EURCAD broke a major up trend line, in place since May 2015. In the last two days, this pair retested that trend line. The Weekly long term GMMA (orange) shows signs of compression and is starting to point down. Putting all the information together, there is a good opportunity to short this pair. Order 1: Entry @ 1.4663 SL @ 1.5050 TG @ 1.3890-1.4000...

The AUDUSD has been trading in a down trend at least since the 2013. In February of 2016, this pairs has broken the down trend line in place since September 2014. The Weekly short term GMMA (blue) compressed and turned up. The weekly long term GMMA (orange) started slowly to compress. On the other hand price started to move higher, making ever higher lows, giving...

Short opportunity on GBPUSD Weekly long term GMMA (orange) well spread, indicating a high probability of more downside moves. Order 1: SL @ 1.4810 area TG @ 1.4 1:2 risk to reward ration Trade management; use 1RRR boxes Order 2: SL @ 1.48 area TG is undefined Trade management; use 1RRR boxes until order 1 hits target. After, use trend volatility...