Here's an update on LINKUSD which I posted for you guys back in January. Just like I expected, market is still ranging within this corrective phase, which is allowing big institutional firms to DCA from these cheap prices. We expect further consolidation over the next few months, before we see a downwards liquidity grab towards $0.09📉 This also moves similarly to...
On our last Gold analysis, we said that Gold would be heading higher towards 1854 & it finally did on Friday. However, due to how bullish the weekly candle closed, it is likely that prices will head higher towards 1869-1880. This will be a good entry zone, to short market back towards 1760-1730📉 This will be the FINAL leg down, before we invest heavily into Gold...
A likely probable trade. Bare in mind, Gold is nearing towards the end of its correction now, so price will move real slow around current prices. After 1 final swipe around $1,750 - $1,730 I expect the bull run to resume and target new ATH'S.
The US 10 Year Yield is getting ready for another move to the upside, which shows us that the current falling wedge pattern it is correcting inside of, is considered Wave 4 of the Elliot Wave theory. I am expecting this to rocket up for the time being, alongside the Dollar Index. US10Y - DXY = Positive Correlation US10Y - XAUUSD = Negative Correlation
Let's not forget that the overall direction of the Dollar is now in a downtrend. USDCHF has completed its first impulse wave to the downside, which would count as Wave 1 of the downtrend. Now expecting a Wave 2 retracement, which will be supported by the mid term buys on the Dollar Index. Drop a like and follow to keep up with the latest analysis and updates!
There is a very HIGH CHANCE that we have just seen Gold finally bottom. After the first impulse wave from $1,620 to $1,960, Gold finally started correcting itself to the downside. We have seen a 3 sub-wave correction (A,B,C) to the downside, with Gold taking out last Friday's low at $1,819 and now shooting back up. This also forms the bottom of Wave 2. Liquidity...
From analysing market structure, there’s a possibility that Gold could be entering a Wave 2 corrective phase, allowing sellers to rest & re-accumulate more positions from 1854-1874📈 ⭕️Gold Oversold ⭕️Price Imbalance ⭕️Wave 1 Cycle Complete Will ONLY be opening buy positions, if we see a 3 sub-wave (A,B,C) move towards 1832. A straight drop down isn’t a buying...
This here is a sell to buy trade. We are catching the retracement on Gold (Wave 2), before re-entering more sell positions from the supply zone & targeting new high's around $2,160 - $2,240. Want to keep up to date with the analysis. Drop a like, follow and let me know what you think👇🏽
Gold now running 1,100 PIPS in profit for Gold Fund investors😍 Seeing some nice downside movements in the market, which is bad for the economy, but good for us🩸 CPI data came in higher once again showing the deteriorating economy. Last CPI was manipulated, in order to bring stability into the markets & now they re-released the real data, showing how bad inflation...
What you are seeing on the chart, is price action of Oil prices on the 2D timeframe. Crude Oil finally bottomed at the end of November, just a little after Gold & since then has been making its way back to the upside. I believe we are now at the bottom of the market & getting ready for a long term uptrend towards $160📈 All commodities like Gold & Oil are in a...
Our USDCHF position activated our entry and is now running over 50 PIPS in profit. Only the start of the corrective move, with more upside to go. If you missed the first entry, feel free to DCA average from current market prices, as they are still relatively cheap.
Gold finally created another low & now running 1,220 PIPS in profit for Gold Fund investors😍 Hope everyone on this channel are still holding onto their Gold sells! Gold is taking quite a bit of time to drop but only makes sense. Bare in mind, this downside is only a CORRECTION & corrections tend to move slow. Bulls will be back🚀
The US10Y has moved as we expected from our first analysis and up 11% SO FAR🙌. We have finally seen a break above the wedge, indicating that bullish momentum is getting stronger. We still have plenty more upside to go, for the rest of Q1. This long analysis is positively supported by DXY bulls & Gold bears, which we are currently witnessing take place as well....
The Dollar Yen has completed its fifth wave to the downside, marking the completion of its first major wave (Wave 1). This will now be followed by a 3 sub-wave correction back towards the upside, which counts as Wave 2. Targeting $139 - $140. Similar to all other markets correlating positively to the DXY, USDJPY is only facing a temporary upside, before the...
Taking a small risk on this possible short opportunity on Gold for the coming week. We have seen a BOS, leaving behind an unmitigated candle and liquidity hunt. There is a chance Gold will push higher ahead of Tuesday's CPI data, grab liquidity then drop to the downside. I will keep everyone updated, so make sure to drop a like and follow! 40 PIPS RISK = 430 PIPS REWARDS
Our Silver position is still open & active for bigger Gold Fund investors. Everyone here should still be holding onto their Silver position as it was posted live on the channel last year. Currently running 380 PIPS (£6,180) in profit with much more upside to go🚀 If you missed the bottom, use this retracement to scale in your positions, before price rockets higher.
As highlighted on my last update, we are expecting a mid term correction on the Dollar Index, despite our main bias being bearish. The DXY is now up 300 PIPS so far & still expected to climb higher towards $107-$109. This move is a correction & corrections take time to play out. So exercise patience while this move pans out.
Self explanatory as all the analysis is on the chart. But market has grabbed liquidity by taking out 1810 highs and peaking at 1822. Since then Gold has crashed back down below 1778, taking out the last low and changing the market structure which now indicates a sell. Gold is currently sitting at a resistance zone , which I am looking to short from. If Gold takes...