the crash is coming. could be this year or the next. the money printing and bond buying will cease to work. insulin resistance for the markets when the market becomes resistant to money printing like the person eating sugar (with constantly high insulin levels) will become diabetic
RRL - gold miner break out of an inverse head and shoulders pattern which is a very reliable pattern. target circa $2.80 long term hold till $5.50 strong support @ 1.30
daily chart shows a break out in silver but monthly chart shows price is still in a range. Will silver lead Gold out of the range? or will it be the inverse? either way should one of them breakout the other will follow. GOLD price chart shows an imminenet breakout going by history. govt will always inflate. yes interest rates are rising but govt spending...
daily chart has a breakout from an inverse h + s pattern. This is a very reliable pattern. Hold on this RRL for a long term period and sell when price hits circa $5.50 Most ASX gold miners are at a breakout level. triangle setups etc.. GOLD will head higher tonight as the CPI data will be released. money supply will always expand. never contract. its a sure thing
ready for the breakdown? central bankers now control the bond market and the equities market. get ready for the controlled demolition. Trees do not grow to the moon.
KRM a small cap gold miner has been doing nothing for years. price action showing a nice setup - A triangle setup. still time to play out but by the end of 2023, it will breakout Im guessing to the upside as gold is looking so strong (well the USD is collapsing) take a chance, we will all die one day.
QAU etf has broken out on the month chart. bullish as gold is also bullish the central bankers are still inflationary even with their increasing interest rates. Govt spending is still through the roof to maintain this bubble effect. 18.92 will be retested again in the coming months. and if a breakout will happen, expect QAU to double and gold to be circa $3000 USD
daily = invesrse head and shoulders and breakout of pruple trend line. GOLD sitting just under $2K US. gold price breakout is imminent and the miners WILL follow in suit.
Month chart - facing huge resistance @ $2.01 I;ll wait for a close above $2.01 so i can average up. Day chart - triangle setup has broken to the upside but wait for $2.01- 3 to clear for confirmation. no need to rush this trade. both long and short term charts looking bullish and GOLD will head higher as the Fed will keep monetary policy loose. Fed funds rates...
nice tirangle setup for DB. CS and DB are gonna be the bear sterns and lehman bros. need another liquidity pump to save the banks. will they do it? we will find out. the system has been corrupted since 2001. 22 years of cheap money flooding the system products made in china are no longer cheap. labour is more expensive in china now. this is why Apple is moving...
sp500 should fall over now after a nice bounce. resistance trend line has been met. spx target is circa 3200 in the next 12 months. they will try to slowly deflate this bubble. could there be a planned event to pump more liquidity to the consumer? inflation will wipe out the poor.
ok so BTC had a nice bounce from 15K to 21K. this is a good sign for the bear market to continue as you dont want BTC to fall too fast. long term BTC month chart shows a classical bubble price chart 10000 is the next level... where it should sit for a while and then $4000 after that. following BTC is like following a religious cult. bubble bubble history always...
OIL price to bounce in the coming months. support levels (long term and short term) has been met and held. in REAL terms the price of OIL is fairly cheap considering how much money has been printed in 2001. OIL, like other commodities why sky rocket in 2023.
SLR break out of triangle setup. now there is a massive gap to fill @ $2. short term this is a good trade. SLR has been going no where for 2 years. consolidating. i think the sellers have been run out of town and watch the explosion higher. I expect $2.70 area to be retested. #GOLD price is heading higher. interest rates are still negative in real terms.
RSG looks to have found a bottom. short term - wedge setup ..... need 2 break out confirmations and ill buy more. long term ., RSG is at the lower band of the range. pick a bottom and hope RSG doesnt go bust like TRY and BDR.
setup is in place. triangle setup is in place. ready for the break down. how does TWTR make money again???? TSLA will lead TWTR lower.
fibonacci levels will be working hard game over for TSLA. when the CEO jumps ship to TWTR it is a massive red flag.
its heaading lower. support levels are broken and expect a dead cat bounce circa 108. FANG stocks lead the bubble up and will crash the bubble on the way down. lead the pack mofos.