ayarvolkan

ayarvolkan

GDX/GLD work well when it comes to divergence. We are already in a good resistance.

ayarvolkan

Gold would complete an inverse head and shoulders pattern. This pattern can complete according to fed decision and clues. Be carefull about it.

ayarvolkan

My opinion is bulls will control euro for a while.

ayarvolkan Updated 

Gold is weak for weeks. There is a clear head and sholulders setup.Wait if it works

ayarvolkan

There is a huge head and shulder pattern. Lets wait if it is completed.

ayarvolkan

You can see inverted graphic of XAUUSD. Please look at graphic and consider if you want to sell an instrument from this point.

ayarvolkan

if you Look at the eliptics there is same pattern which is completing. If it works we will see new rally for silver. Silver is very strong compared to gold weakness.

ayarvolkan

You can see bonds are in overbought. But if it wants to test main trend(blue line) which is coming from 1995 we can see more bear trends in assets. (Except bitcoin =))

ayarvolkan

XAGUSD is trying to break resistances. ETF's money flow are possitive since year to date. But if you want to be sure wait for breaking 30$.

ayarvolkan

I think it cant break 200 MA. But we have to follof 10 YR YIELD and DXY

ayarvolkan Updated 

There is a trend that is coming from 1700'S

ayarvolkan

I think gold will consalidate for a while. But soon it will rise.

ayarvolkan Updated 

I think gold have to go down to 1800 before 2200.

ayarvolkan Updated 

This is very strong trend support lets see if it will work or not.

ayarvolkan

Look like it turned down.

ayarvolkan Updated 

Waiting

ayarvolkan Updated 

Triangle is getting tighter. Carefull to breakpoint.

ayarvolkan

It looks like bullish.