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Green color on silverAs I noticed in previous ideas about Gold including: lower DXY, new covid variant and inflation rate makes yellow metal be a safer investment nowadays both for future contracts and holders.as consequence of correlation between Gold and Silver and some technical factors that Im gonna mention follow, I see Silver in a bullish manner. Silver is on 100days moving average and when you look at previous times interactions we can see that it acts good like support and resistance plus Silver is on support key that makes it to have a rebound from here beside silver is on good uptrend. don't forget the money management comment your idea. Thank you(:
TVC:SILVERLong
by technicalmarshal
Bullish movement expected in XauusdMOEX:XAUUSD_SPT despite to covid19 new variant it is proved that gold followed with a bullish movement in previous cases as traders in previous lockdowns see yellow metal as a safe investment and there are other factors that makes gold jump and see higher prices than before including: the inflation rate is concerned in accordance with feds announcement and as a matter of fact traders shift in long position in gold . the other fact is: about 350k long contracts have been set since nov 11th technically:we have an uptrend and bottom of that is about 1780-1785 beside, gold settled above the previous price since oct 2012. finally guys I'm looking forward to the price focus on good price entry and be careful of your stop losses.
FOREXCOM:XAUUSDLong
by technicalmarshal
1
BTC Looking ForwardBTC has been ranging after the fall from 69k which has been great for ALTS, rather it's been great for METAVERSE tokens (SAND, MANA I'm looking at y'all). Looking forward, this weekend the general sentiment is that due to holiday in the states and it being the weekend, a dump further to 53-52 is imminent. I'm picking up big 38k vibes. While there are untouched POC's down in that region, and quite a large gap in 53-52 that would love to be filled in that volume distribution, there are also POC's above the current price that I think BTC is aiming for first. I can see another touch of 55 from here then fill out 65-67 leaving everyone longing for that 69 ATH, before retracing back to the lower 50's, 47.5 being a very strong support and my price in which i stay bullish leaning until broken.
by ThatOneTallDude
1
Long🟢Descending Wedge, Ascending Triangle: Breakout & PotentialNeuro-Fuzzy AI sees breakout on Descending Wedge (white trendlines). Descending Wedge is a bullish chart pattern. Linear Regression (LR) forecasts bullrun until the top of the wedge (blue box). Heuristic algorithms suggest price might be in an Ascending Triangle (blue trendlines). Ascending Triangle also is a bullish pattern. LR shows this pattern will break up. Consolidation in an Ascending Triangle after a successful breakout from a Descending Wedge carries extreme potential because both patterns are bullish. We think bulls are in absolute control and bullrun heats up soon.
Long
by Elysian_Mind
6