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Gold Will Shine againGold finished a corrective cycle A,B,C that reached 1845$ per ounce. the current structure of the bounce from the last low standing looks impulsive, that means we are looking to start another motive wave labeled as 1,2,3,4,5. the first wave that contains minor 5 waves is trading in an expanding triangular form, a minor corrective wave (2) retested previous wave 4 near 1886. we are now looking for another surge in gold that is expected to be the longest and strongest wave labeled as (3). the risk to reward ratio is perfect for this trade. wishing you a good luck!!!!
TVC:GOLDLong
by josephdahrieh
Gold trend following strategy,Hello traders Over the years, many techniques have been used in stock markets, and as far as possible, before market movements, in seeking the best investment and maximizing profit. Two tools stood out in this area: fundamental analysis and technical analysis. The first seeks to determine the value of a company, analyzing the fundamentals of it, and trying to estimate its cash flows. Technical analysis, on the other hand, gained popularity for those seeking short-term and medium-term gains, with operations based on methods and concepts, such as candlestick patterns, Fibonacci numbers, and Chat patterns. Despite the instrumental numbers, a technical and fundamentals analysis studies the stock market relates past events to the present scenario and, mainly, a trend of the active target. It is this basic concept that is based on the Trend Following operating systems. Trend following is the most consistently successful trading style of all time in financial markets. Trend Following does not try to predict market movements, but rather to react to the movement that is happening at the moment, we never try to predict what is to come. Please push the like button, follow us on Tradingview Best regards, Sandro and Gustavo.
GLong
by MarketMinds
2
Gold Signal: Ascendent Triangle + ABC PatternIn this updates, Gold in H1 timeframe is appears to forming a ascendent triangle, correlated Bitcoin is still bullish, why not gold do as Bitcoin do. Well, we are complete the Elliot WAVE triangle cycle ABCD and we are in formation of E to left do it to the moon!!! Now, that show in H4 timeframe that we are here in formation of accumulation zone to buy Gold, that is a great opportunity to continue buy Gold For now, I still in long with Gold!!! If you like my analysis and idea, I invite you to share my analysis with other peopls and traders to grow up my trading's reputation!!! i will aware you.
FOREXCOM:XAUUSDLong
by harisonhbn9718
SILVER LONGING FOR LONGS. UPSIDE POTENTIALSilver has been in correlation with the famous metal Gold in anticipation for inflation due to the covid pandemic. It continues to be a form of hedge together with BTC and other precious metals. As DXY continues to devaluate due to easing/ money printing of trillions of dollars to save the economy, it will continue to further itself from its intrinsic value. This causes investors to flee from holding bonds, cash, and other forms of inflationary assets.
OANDA:XAGUSDLong
by HelloFutureCapital