Mainstream fake news CNBC noticed gold buuut of course they are talking about silver. Yes why buy the strong performer? Mainstreet is so addicted to poop. "Wow record low earnings and whole country on shutdown and down 70%! Give me all the airline stocks you have". I am going to check later Robinhood & the rest of mainstreet, I bet they are furiously shorting Gold like they bought Oil in April 🤣! They're still holding the bags (bad companies and bad Oil vehicles), it was an eternity ago.
The most popular gold stocks on RobinHood did not get any new buyers in the last weeks... robintrack.net/symbol/AUY
Here are the popular gold short ETF: etfdb.com/themes/inverse-short-gold-etfs/ I do not know which ones are the "Robinhood ones" But checking the big ones big surprise Robinhood users shorting gold has gone parabolic :) Praise be them. Doesn't seem alot of users are interested in shorting at all. And Gold inverse ETF aren't very popular. I just want to hear stories just like in April. I would love it. Oh well. Anyway they'll buy at the top for sure. Keep an eye open.
Gold is going so strong and so fast it's like day trading... It's like with Oil back in April I was almost an Oil day trader :D.
You need to know what you'll do in advance because it can all happen very fast
I like to look at the previous ath break...
Might be a false break and soon returns below ath and then just sideways for a long while... Back and forth...
If this continues it is likely forex follows (dxy, eurusd, gbpusd, usdchf, usdcad maybe makes a big break and really goes, usdsek, usdcnh could go at that point too). And there will be trends to ride with forex, maybe a few reversals as it will start being really overextended and return to some old long term supports.
And then Bitcoin makes a small 1-2 days plop as always. Not interesting yet.
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Fractals. Could be about to fly up.
US DOLLAR approaching the lows. Could fly down.
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Had enough. Gold is extended and the pump is slowing down.
Currencies about to shine
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Silver going first now...
It's in the bagholder area it will drop soon
It's almost the end of the week and the first 3 days burned me I just want to lay back and do some backtesting and read articles or watch videos.
I'll wait for a larger pullback and then a new trend up. Got enough out of this week.
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I would buy some silver on the pullback. Expecting gold to slow down and silver to go fast now.
Trade active
Boom in silver right now let's go
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Should have sold gold and bought silver
Gold bulls picked the wrong horse
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Trade closed: stop reached
Gold too heavy dragging silver down. I hope this was not the bottom.
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