Gold is very stable between 1400 and 1100 during these 3 years.
If there is not signs of Geopolitical tensions or no sings of too good or too bad Fundamental facts, we can do the same thing ; sell at high and buy at low.
We can harvest flash profit by selling at 1350 or 1360 and TP at 1250.
Fed interest rate decisions and psychology of traders for every month will...
According to my impressionist trading, I start selling USDCHF now.
Technical Analysis and Fundamental Analysis both signal to short USDCHF now.
We need money management according to our investment capital but it is time to Sell now.
Gold price dropped exactly the same with my previous analysis and I even wonder myself.
I drew golden line for downtrend and gold exactly dropped with the line.
Now I predict UP trend, blue line.
According to FA, S&P500 is in strong sell and Dow30 is also the same,strong sell.
DXY is not strong enough to be higher,
Breaking news with bad issues can push gold as...
Silver price is not still sure to make LONG but we can buy with smart strategy.
First, buy from current price level and make another BUY when silver price still falling.We can use Martingale strategy for two entries.
Very simple.We just need to make money management according to our investment capital.
Good luck guys.
Platinum price can reach 1000 level sooner according to my analysis.
All we need to get profit is to buy with good money management and hold it.
30% of platinum is used for Jewelry.
43% of platinum is used for automotive.
And other 27% is used for several purpose.
South African miners are the biggest source of platinum.
70% - South Africa
Base on Bullish pennant pattern theory, price target should be 1380, breakout rally was $25, from 1330 to 1355. In theory 1355 bullish pennant breakout supposedly go to 1380 (1355 plus 25 = 1380). Monthly wicks haven’t fill yet (learn about price action, you will understand what I mean). But D1 showing a rejection and weekly wicks has been filled. Which means...
Oh my precious ~ my precious ~
Everybody may know Smeagol from the movie , the lord of the ring !
Now....The Bitcoin buyers are now like him , exactly the same ....
I will tell you a story ....
I have so many friends and most of them are gamers ...
Dota players, CS players and they didn't even finish college or university...
I worried about their...
My fellow traders,
This evening, I post my insight for two reasons.First, you may notice what thing is reaching 16 years highest.Then, you will recognize my analysis and get huge profit.
The element 46, Palladium is reaching high price zone now and can open SELL position from now. In 2001, the price reached 1100 zone and drop...
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My fellow traders,
Now is the time to make decision whether you may invest in USDMXN ,buy for long term.
If US index will become higher and higher again, the exchange rate between dollar and peso will rise day by day.
Technically and fundamentally , I recommend to BUY USDMXN for long term.
A single transaction may even become triple your account balance.
According to the mid-term bear power, the price is approaching to 1310 and need to watch it will break 1300 and can sell long term to 1260 when it breaks.
Last week, I said I preferred sell then and now is the time to check mid-term bull will raise the price and bounce from 1310 to 1360 or break out as long term bear.When it happen, can buy mid-term.
Simply 1375 zone is critical point, turn back or still try to invade $1400 per ounce and above.
Technically, I recommend to buy if the gold price break $ 1375 per ounce and I prefer SELL now for long term.
Martingale Theory can apply in selling Xauusd,
(example, sell now 1 lot and sell again @ 1350 2 lots and sell again @ 1370 4 lots and little pullback will make...
Eurusd failed to break resistance level 1.2** and now it has still two possible trends, up or down.I prefer sell for long term TP @ 1.13 SL 1.23.
Always set stop loss that can breath.
(i.e. SL with wide range )
For those who don't think gold price will hit 1400 per ounce, this is the time to sell.
Simply we can sell XAUUSD now @1286 and set SL @ 1336 (-50pointsx100contract size x safe lot size according to your account capital )
Then we can set TP @ 1226 ( +60 points , 50 points for profit 10 points for swap fees )
Trade safe :-)