daily price chart. well 2 day price chart shows confirmation of higher gold prices in the coming months. 1918 has been cleared so we might retest all time highs in the coming weeks. next target level is 2100. will it pull back @ this level or just smash right through?
both 2 week and daily chart looking bullish. 4 previous days have been strong GREEN candles. buyers like this break out and price closing higher at the close. time to average up on WGX. gold will move higher too.. expect new highs in GOLD within the next month or so.
ok. the daily line chart has formed a h+s pattern and this pattern has also broke down from the neckline expect lower prices as the top is in and CONFIRMED. the CEOs and insiders have already sold most of there stock last year. fibonacci levels will show possible bounce points. FED will raise rates as inflation is out of control. its not 7.5% .. more like 20%...
expect the GOld price to follow. sometimes GOLD leaders the miners and sometimes the miners lead the metal. strong daily surge in barrick SP today. US 10Y is at a criticial point too. lets me watching these 2 indicators in the coming weeks.
OIL breakout confirmed on 2W chart. closed at a new high. Fed will continue to print despite inflation being out of control. next stop for OIL is $111.
innovation, innovation. bubble bubble. game over for ARKK. had a good run in the bubble mania phase though. some ppl made money. Cathy says shes scared of deflation, which means she's scared of Fed not providing more loose money. Fed isnt tightening really, its just not expanding the money supply quick enough.
$KCN looking strong today. making new highs. still 2 hrs till close but the green day candle looks good enough to buy more.
ETH will bounce on the B wave which is the dead cat bounce. the move lower on the final wave C to target. up trend yellow line has already broken down.
breakout is close. expecting the EUR to move higher and DXY to move lower. both are inversely corelated. $USD is falling against CNY. China moving close to EU and dumping $USD. USD are flooding the world and no surprise the price of most commodities is rising. End game is near.
chart says it all with fibonacci showing the way. usually when the 61% level breaks. price will move lower.
traingle setup has already broken down. game is already over. HODL this one coz it could make a comeback with more central bank intervention.
critical level for this one. if BTC crashes, its going to take all its buddies down with it. US10Y bond is falling which will impact on crypto bets.
daily line chart looking bearish . 20K target. price currently holding @ fibaoncci level 61%
target rate will be circa 3%. will this phony economy even cope with 2% rates? the day of reckoning is close. the insiders are already holding real assets so they will be uneffected. the ones overleveraged will be smashed to pieces.
bitcoin daily chart showing a head and shoulders formation. if the neck line trend line breaks its is game over for all those bubble holders. target on the breakdown is circa $15000. Tulip bulbs and john law . fiancial history is often forgotten.
OZL hitting a strong level of resistance with fiboancci levels. coming crash in early 2022... dr copper will signal something first. expect smash down... even the gold miners. even oil....
its all politiical economics is thrown out the window these days. daily chart defines congestion in price moves.. basically its been going no where from 2 years now. the next move will be much higher or much lower. Central bankers are now trying how to fudge markets higher while statistical agencies like ABS try to fudge inflation numbers lower to hide the...
my daily chart on KCN shows a triangle setup and the tip of the triangle will suggest a date when the breakout happens. interestng that the 2 trand lines meet @ FEB 2022.. which is when i expect a break! the GOLD price is also going to break in FEB 2022 (see my other charts). so KCN and GOLD will break out higher in 2022.. Timing price moves is hard but i will do...