UnknownUnicorn7069386

UnknownUnicorn7069386

I think gold is forming H&S here, it is out bullish trend, regarding the market sell off expecting this week and break out of DAX, I expect gold touches 1700 easily and then 60% chance for $1650. * It's my personal opinion and not a trading advice :)

UnknownUnicorn7069386 Updated 

Barrick Gold US is defiantly under valued stock at the moment. When the gold was $1750 there were above $25. Now they are under $24.6. As the gold is going up they should return back to $28 price.

UnknownUnicorn7069386

As you see gold broke the resistance line and moving up. There are too much tensions in the world right now.

UnknownUnicorn7069386

I see very similar pattering is shaping similar to 21-Feb pattern. Gold and BITCOIN are about to break the resistance lines and flying up to much higher level. I went long on gold and bitcoin today. Good luck warriors!

UnknownUnicorn7069386

Gold was already in bullish trend but retreated a little after Trump speech on Hong Kong, but now because riots in entire US tomorrow will go up. Gold definitely is heading toward $1800.

UnknownUnicorn7069386 Updated 

Gold broke the resistance line, it is also above long term bullish trend. I went long 1 hour ago. And most important fundamentally gold must go much higher than this. Good luck warriors!

UnknownUnicorn7069386

Gold pulled back as it was expected. Market is excited about re-opening and vaccine. Investors look for higher return assets for short term. To put back gold on track with need another shock, so till further notice we are in bear market my friends :)

UnknownUnicorn7069386

I go for gold short. Fundamental: The economy is re-opening, the tension between China-US didn't add anything to the gold price which usually benefit from tensions (very disappointing for those they were hopping this news increase the gold price today). Also I see DAX is going up, stronger dollar, weaker gold. SPX500 future is near 3000! On the Technical side: I...

UnknownUnicorn7069386

It seems US10Y bottom was 21-Apr, since then we have a bullish trend. I go for long. This should come with decline in the Gold price, something to around $1710.

UnknownUnicorn7069386

I expect gold touches $1705 till end of this week. If FED rejects negative interest rate and says the market is doing good at this time and there is no need for negative interest rate the gold will go down by 1-2% then it will go out of bullish trend so it may even go lower. But for now lets stay stick with $1705! Good luck warriors!

UnknownUnicorn7069386

I think in the best scenario oil will stay around $27, my idea is oil will go down to $11 one more time in next 10 days.

UnknownUnicorn7069386

It seems gold is moving toward $1692 for today. If gold breaks $1690 I think we might end up $1600 in 2 weeks.

UnknownUnicorn7069386

Me personally think SPX500 cannot break above 2915. Cannot wait for the market to close today! Keep eye on the market today and Good luck warriors! :)

UnknownUnicorn7069386

Here you can see USY10 and Gold patterns. As you can see they are converging toward each other again. I took it as a sign of entering a bear market if it is not another slump. Market didn't crash this week but neither went up. Still walking on the edge! Today and tomorrow are exciting to watch! :)

UnknownUnicorn7069386

I go for gold short here. It seems we are facing $1650 level.

UnknownUnicorn7069386

It seems EURO is going down. I go for short here.

UnknownUnicorn7069386

Dear friends, I expect another market sell off this week. Why? Because EUR/USD is going up very fast, S&P500 is falling down and if the gold start declining on Monday then there is high chance of having another market crash. As you can see on the graphs on Feb-20 as the SPX500 started declining EUR/USD started going up but gold was going up, then the day after on...

UnknownUnicorn7069386

EURUSD is moving up very sharp, similar to the pattern started on Feb-21 when the market started crashing. It seems we are moving toward the second market crash. Watch the S&P500 closely.