Here is the Htf idea of Gold. Harmonic is in play and 3 tap setup is done. If gold goes towards the 3-tap setup zone its only for liquidity. Htf target is the B point of harmonics.
XLE: Commodities short if retest As usual everything's on the chart. TP is the minimum target.
Check out the two trends prior to this. Clearly, you can see the run of over 300% that was 6 years long and then another 5-year trend at 142% gain. I believe we have entered commodities run and companies that produce oil and sell gasoline or diesel are going to benefit hugely. I am making a call that by January of 2025 we will see XLE at $130. Even if it doesn't,...
Hey Traders, we got stopped out at gold short by breakeven, i've noticed that gold have done a breakout of 1834 zone, so now we'll consider jumping long around 1834 zone. Trade safe and use proper risk management. Joe.
In our previous forecast, we anticipated Gold to finish the correction and reach the resistance area. Instead, the price fell into a deeper pullback. In the coming week, we are expecting the price to reach the confluence between the trendline and the resistance and go for one more low. Trade with care. Best regards, Financial Flagship Disclaimer:...
Last week, the pair broke the trendline and stopped around the resistance level, despite our forecast in which we expected the price to fall from the upper channel line. For next week, we will study the price action and decide whether the price will continue the bull run, or if it will drop. If we get a sideways move, then the chances are that we will continue the...
In our previous forecast, we correctly anticipated Gold to reach the resistance area and resume the bearish trend. Instead, the price decided to drop and quickly reversed in what it looks to have been a stop hunt. In the coming week, we are expecting the price to reach the resistance area before resuming the bearish trend and break the support. Trade with...
I think that the labor market is now getting better, national mask mandates are lifting, sanctions on covid are lifting. Mines are going to go back to work, more labor available, newer machines with grants and eco bills. I think that the cost of UUUU will go Down, due to uranium supply re opening, and technical data. this will persist until maybe October in the...
Model has given entry signals for American Battery Metals Corporation: - American Battery Metals Corporation engages in the exploration, mining, extraction, and recycling of battery metals. It owns 647 placer mining claims on approximately 12,940 acres in the Western Nevada Basin, situated in Railroad Valley in Nye County, Nevada; and a 120-acre parcel of private...
First of All thumbs up to all the traders who followed my call to sell gold from 1743-1752 area all the way up to 1680-1670. Currently hedge funds from January has closed massive long positions from 349,946 to all the way up-to 262,774. As a result we can see massive downtrend on gold so far. At the moment Gold had a pretty big crash from all the way from 1752-55...
THIS AREA IS A VERY GOOD SUPPORT FOR GOLD, ACCUMULATION AND VERY POSSIBLE COMEBACK $1800-1900$ !!!
BUY BUY BUY. Risk/Reward is juicy.
Gold has started a new Bull Cycle (since the late 2015 bottom) that was confirmed after it broke above the $1380 5-year Resistance in mid 2019. The U.S.-China trade war peaking at that time and recently the massive money stimulus from the Federal Reserve creating inflation , Gold has already reached new All Time Highs. The recent 2 month pull-back shouldn't worry...
Sup metal heads Gold is shaping up for a nice little move to the all important 1960 We shall see what happens for the next couple of sessions! Cheers :D
Pattern: Channel Up on 4H. Signal: Bearish as the price hit the Higher High trend-line of the Channel Up with the RSI also reaching the Resistance. Target: 1,780 (near the 4H MA50 and Higher Low trend-line of June 15) and 1,770 in extension (Higher Low trend-line of the Channel Up). ** Please support this idea with your likes and comments, it is the best way...
Hey guys, recently the market has been extremely unpredictable considering current market conditions and Its impact on a wide range of things such as Stocks, Commodities and Foreign Exchange etc. This is my first analysis conducted on a commodity; XAU/USD which should be really interesting! Please do not forget to follow/like my content for more trade ideas and...
The craft of trading is like solving the greatest financial puzzles using mathematical equations and behavioural structures. F Gold has been one of my favourite markets to trade due to its structure, and precious ability to act as a safe haven when everything looks gloomy. I am not painting gloom as yet, but will definitely capitalise on the next drop. Don't...