Is this the breakout moment in oil? Whichever way oil goes here its good for gold.
At this point I believe it is safe to say that this pattern will continue to play out nicely in the short term. If you had bought at 1324 (2 dollars off from my predicted previous support) congrats. When the price was poking its head above that huge resistance line I was watching for that inevitable pop above this key technical price but it never happened even a...
We are definitely getting close to a bottom if this recent low wasn't it.
Timing is difficult but this looks easy...
Buy bottom of new ascending channel.
This was my unpublished idea on bitcoin and it looks to playing out nicely. Could scalp this next move down. 50 DMA is support.
My previous buy level was 200, market almost went there for a brief moment, this now looks like a buy atm best if it is backing up a position acquired around the 200 mark.
Buy on the pull back , especially if its overnight.
What exactly would the Trump administration do when the markets are in a huge downturn for an entire year? Things are very good on the surface right now but its the new year and some bad apples are beginning to fall. Fractional marginalized debt over stimulating the economy, "asset" bubbles, collusion, profits funneled to the top, this great experiment is...
the market is looking for a resistance level and the shorts are hungry. i think this may be the short term top before the handle to a presumably continuation of the long term breakout.
Looks like weakness but I still see upward potential especially in January. I am trading off of this ascending channel and will look for a break below or above to scalp.
We are off of a perfect V reversal that also forms a reverse h&s that targets right around 21.2. If history repeats we will have a similar pattern to 2016 with the final rally coming in June. Long until blue down trend targeting 17.8, will then look for pull back, reentering later in the year. Ill check back at the end of January.
I am looking for litecoin 240 to reenter. Good luck traders.
Dangerous levels approaching. 1292-1298 possible area of large resistance and or reversal. However, we still have not even seen an actual "big day" for gold while an amazing base with breakout wedge formed quietly through the month.
Next trade to target around 16.4
waiting for final tax cut news to see action. break back into the wedge and will target lower.
On coinbase with that super quick test of the 270 fib I think we are going to bust out of this triangle and hit 600.
Hi-Oh Silver!!