A new bear flag to continue bear market at weekly high Mar 22 Trade active: Best weekly support so far since 2075, But the monthly is in a bear market, so the weekly has little support even though at the bottom. Mar 23 Comment: Bull flag working well so far according to higher lows. 9th march was 1680.25, 12th march was 1699.29, 18th march was 1719.32, 22nd...
A new bull flag to 1795 to continue bear market at weekly high
A proper bear market in gold as long as the monthly macd is as high as 2011 1812 and a huge short attack The weekly is pointing downwards again and a very bear trend So if 1858 was the last daily chart high then half of it will be 1858 + 1760 / 2 = 1809 then short 1809 to 1812 will be next high On the optimistic side 1829 is the high on my trend line...
I just absconded from gold to silver. First the margin required is 3 times less then the run down is bitcoin quick.
@mann456 wrote: Only if the reddit thing could push it maybe something out of TA zone But buy gold sell silver is overdue which means when gold kicks off fast silver will be slow Not shorting silver but buying more of gold than silver as the gold /silver ration has gold at the upper hand.
on the monthly stocs rsi or the weekly bottoms. Means we are in a range until bulls or bears take full control. Bears are in only for liquidity grab but price always bounces do bulls are still in control. Price above 200MA is still bullish on the daily time frame. 1842.17 at the time of this publish. Bears cannot break the daily bottom that easily unless a...
Actually 1878 to 1946 is new trend as 1878 broke out of down trend
Once the monthly macd ribbon crosses it would trigger a huge waterfall for the bears that ribbon will eventually fall even if the bulls pull up the biggest big-money funding - just a delay till it falls Ribbon is the highest ever since 2012 bottom was 1050
1871.89 as bottom of next week unless weekly trend line is broken.
1764 to 1882 was the only channel top met so far Channel bottom 1820 met only 1907 but 1929 was the top New channel bottom is 1854
If you don't mind about temporary dump, the weekly top is as high as 2075 test again. As long as 1822.27 is not broken
Too high on the monthly to hold up Gold and bitcoin bulls are only waiting for fundamental news to pump otherwise TA is working against them.
Monthly short weakens the weekly and a weak weekly weakens the daily on and on. We have a bear market until the monthly crosses upwards and very high macd ribbon like in 2011.
1970.51 is new bottom if 2039.61 is not reached and kept so if it closes above 2039.61 I am a buyer - long but if not i short