Consumer Sentiment / Without Question - C R A S H Dead AheadThe Greatest Bubble in History is unwinding with fits and starts.
Economic Conditions Globally - within the lower 3% Historically.
Multiples for Equities - within the Highest 4% Historically in very
Real Terms.
Monetary & Fiscal Excess - The Greatest in History, bar none.
100% Assured:
Reality is brought to bare with the Consumer who is being squeezed
like a sponge, wrung out and left to dry up, wither and dustify.
During the 1929 Crash, it was the Industrial Centers of our Productive
Economy who observed the Level of Commerce, Euphoria and
Distended Prices... they Sold everything that was not nailed down.
It was not Wall Street - why would they end the Great Game of
Wealth Transfer. They would not.
The Public merely piled in and joined the Selling.
When Confidence fails, it is over for a generation.
That was then, from the early 1980s our Economy began to shift
to a Tertiary, Consumer-based arrangement.
Irrational behavior merely follows suit upon the False signals provided
via both Monetary and Fiscal Policies, provided the Drugs to imbue
speculations.
It has been the exact same throughout recorded History. Human
behavior and incentives never actually change.
The shift to a Consumer-based Economy was temporary. Great Wealth
was accumulated and squandered under the privilege of Dollar Senioarge.
Eventually, the dislocations become evident, often decades later.
Observe the Financial Environment, the final stage of Crazy is unwinding.
There is much further to devolve, there is no outcome that will be
tenable to the vast majority of Humankind.
All that is required is a loss of confidence in the "Systems" - we see
this is taking shape in the very Pillars which support the failing Systems.
We no longer have an Industrial Sector of Scope and Scale, but rather a
series of Financial Arrangements that are no longer sustainable by any
metric.
The Can Kick... it's ending - Sooner than later.
Wall Street follies at this juncture can and will be even more extreme,
count on it as there is nothing left but wild dislocations, absurdities and
further Lies, Corruption, and Greed to unravel.
__________________________________________________________
TV is missing a large amount of DATA, get it together TV.
Recently there have been a number of Prints @ 50. It is far lower
than the half-baked UMich Numbers.
__________________________________________________________
What has caused every Crash of larger proportions?
Sentiment, the Investing Public pulls the trigger and Exits.
Insider Sentiment Peaked in March and remains unreported past
April 2022.
__________________________________________________________
We will see a Crash unparalleled in our lifetimes.
It is approaching with absolute certainty.
Gc!1
Gold - Weekly GC / Peter Schiff meets Colonel KlinkGoldBugs never change, ever.
Each and every Generation of Yellow Dawg Fleas has the answer.
As Schiff finally approaches Karma for frauds over the years...
"a lack of internal controls, a lack of compliance, and a level of insolvency."
Yeesh...
This Pet Rock better hold 1650 or it's going to be smoked again.
Gold regaining its shine?Gold - Intraday - We look to Buy at 1702.91 (stop at 1683.63)
The bullish engulfing candle on the daily chart is positive for sentiment. The reaction higher is positive and highlights a clear reversal. We look for gains to be extended today. Further upside is expected although we prefer to buy into dips close to the 1700.00 level.
Our profit targets will be 1749.31 and 1760.00
Resistance: 1750.00 / 1800.00 / 1880.00
Support: 1700.00 / 1640.00 / 1560.00
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
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Trade Idea: Short setup in XAUUSD in case of a bearish scenario.In every new post, I always like to explain that my views are not a statement of "This will happen." Instead, my posts should be interpreted as "We never know what direction the price will take" However if the price movement becomes bearish, this is how I will trade the market.
Another important element to highlight is that my setups have a 50% win rate. That means that over 30 setups, I have 15 stop losses. So how do I make money if half of the time I'm wrong? The answer is: "Thanks to Risk to reward ratios." So, my win rate is 50%; however, when I win, I make 2 times what I'm risking on average. And that's the key.
You must be prepared to see deviations from the average. For example, on a strategy with a 50% win rate, you will sometimes observe 6 or 7 consecutive stop losses. That's called Standard deviation (but we will speak about that in another post).
This long introduction is made to develop a realistic view of a setup or a strategy and, in this case, my strategy.
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Bearish Technical Perspective:
a) The price had been moving in a range since the top in August 2020.
b) 1 year later, in August 2021, we observed the beginning of a new bullish trend defined by the white ascending trendline
c) Almost 300 days later, the price broke that trendline, and we observed a corrective formation. (A pullback)
d) I never trade a structure without having a clear pattern. In this case, I see the ABC pattern.
e) Another important element is that I never take a setup that I can not prove that the same concept worked in the past with the same or similar context. (Like this scenario in 2013)(It's important that you look for more than one scenario)
QUESTION : Is this a guarantee that the setup will be successful?
ANSWER: NO, it's not guaranteed. Let's take a second to speak about a good principle in trading. You can find evidence that something should evolve in a certain way; you can see a perfect scenario, literally a 10/10, and still have a stop loss. You are working with statistics. But don't get disappointed; if you only focus on 10/10 setups, you will see over a good sample that there's a clear edge.
Final details about the setup: I'm risking 3% of my capital on the stop loss and aiming to make 6% in case of a take profit. The setup duration is expected to be 30 to 45 days if everything goes as planned.
If I have a stop loss, that's it. So let your stop-loss gently take you out of the market.
If the order is not executed and we observe bullish movements, I will change my perspective to trade long.
Thanks for reading!
Gold GLD XAU GC- Eyes on 1678Gold GLD , my eyes are on 1678 test.
Weekly 200ema currently at 1686
We all see you DXY. Take a break would you...please
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This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
Gold - XAUUSD is still neutral but well after the FEDDespite the highest rate hike by the FED since 1994, gold is holding up pretty well so far. It exhibits neutrality at the moment. However, despite that, we remain bullish on it with price targets at 2100 UDS and 2300 USD.
Illustration 1.01
The picture shows how BTC started to lose its market dominance.
The Celsius Network, run by Alex Mashinsky, paused withdrawals, swaps, and transfers on its platform a few days ago. Unfortunately, that is a substantial blow to over 1.7 million platform users, leaving their 151 534 BTC locked away. The company's statement says:
“Due to extreme market conditions, today we are announcing that Celsius is pausing all withdrawals, Swap, and transfers between accounts. We are taking this action today to put Celsius in a better position to honor, over time, its withdrawal obligations.”
We view this as a very positive development for gold as this recent event shook the confidence of cryptocurrency investors and hinted at the risks associated with investing in cryptocurrency institutions, projects, etc. We expect more capital inflows into gold from the cryptocurrency sector as it will continue to plunge lower.
Technical analysis - daily time frame
RSI is neutral. MACD and Stochastic are bearish. DM+ and DM- produce whipsaws, hinting at the neutral trend. Overall, the daily time frame is neutral.
Illustration 1.02
The total cryptocurrency market cap plunged below 1trn. USD.
Technical analysis - weekly time frame
MACD and Stochastic are bearish. RSI is neutral. DM+ and DM- are bearish. However, ADX suggests the presence of a neutral trend. Overall, the daily time frame is neutral.
Illustration 1.03
The picture shows a bearish breakout below the sloping support/resistance. Ideally, we would like the price to retrace above the sloping support/resistance.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
GC Daily Down Gartley has been hitThe GC daily time frame is in a large up trend.
The market is now hitting the up trend line. The
market just hit a down Fibonacci Gartley extension.
If the buyers are going to take control. Now is the
perfect time for it to happen. It will be a good
idea to turn to the one hour time frame and to
look for low prices in the buy zone.
Gold 4 hour = gold still in 3angel , it can crash ?today gold touch down trend line then on evening news it goes up and touch SMA200 1hour ,but dow going up push gold down
i have open sell from yesterday SL on last high + buyatop on high , so you can put sellstop in low ,buystop in high , if it can break down and 1800 can crash wild to 1700 , so be carefull and DONT USE HIGH SIZE , DONT REMOVE SL , GOLD WILL EXPLODE SOON
predict=
60% it will goies down
40% it can fly up but need big news
if you have buy ,100% put SL or hedge sellstop in low , on gold break low(or high) mean down trend (up trend) will start
if your sell open , dont close it sooner than 1700
GOLD - The "Disinflation" Narrative Central Bankers enjoy using the "D" word.
Apparently, Bury does as well.
Oh no - WCPGW.
A lot.
With CBDC's set to rollout well in advance,
all alternatives must be taken out back and
punished.
It's coming.
Russia doesn't export Gold, they are a Net buyer of Size.
Bullish?
No.
Doorstop Yellow Dog laden with fleas will be shaken not
stirred, Wall Street wants the Fill.
Gold - GC Throw it a BoneGold is a relic of the Old World Odor.
Be nice if it were not eh?
It's a Pool of stability in a very unstable
series of Global arrangements.
We've had 3000 Open for going on years
now.
Surprise us already.
Shake the fleas off the Yellow Dog and
break the range.
Uncle Buck and Yield will wreck the relic.
Gold 4 hour =3angel break , looking for sell buystop on pinbar ALERT = GOLD CAN CRASH TO 1550 (weekly chart say this) 100% put SL and never never remove it , eat 50% SL not bad here show skill of trader (touch ,remove SL show week trader ,soon or late will margincall and 0.00)
yesterday gold break 3angel as i predict true?, now it going to red fibo 61% ,then little can go up (near 1836 we must looking for sell after OK VERFY condition comes(pinbar on higher time , or last trendline break in 15min chart)) ,,, in other side if gold go downer above green arrow near 1800 when OK comes we must pick buy (SL=pinbar low)
if news come and gold fly up , if price break pinbar high mean trend switch , we must put buystop on pinbar high , always break high , pinbar high mean 90% gold +up trend coming , it can go to 1920(daily fibo 61%)
if you have sell like me , dont hurry up for close , hold it 7-8 day (after 10.00 point move sl to open price,let it go) gold can go to 1700
if you have open buy (why you dont put SL in last low? in gold when last low break,mean 90% trend will comes) near 1835 hedge your order or close your buy or put SL in today low , gold can crash (dow,dax can going up now)
goood luck
Gold Futures Long IdeaThe GC one hour time frame is in an up channel.
The market hit the bottom of the channel and
is now pushing bullish towards the top of the
channel.
Entry: Counter trend line break bullish above
the bottom of the channel.
STOP: 1813.8
LIMIT: 1879.4
As long as the market stays above the bottom of
the channel. It will be a good idea to turn to the
five minute time frame and to look for tunnel
trader long / destination trader long / chandelier
trader long ideas towards the top of the one hour
channel price point 1879.4
Gold 1 hour : 3angel pattern say put buystop ,sellstop AC indicator on daily chart is green , if gold break last low (friday low 1833 ) and trend line will see 1800 , then if 1774 break it can start new down trend
let wait and see gold breakup , it depend DAX in morning,dowjones in evening and dollar index movments
note = above green arrow , under red arrow (i show on chart) after OK verfy come (pinbar on higher time or trend break in 15min), we can pick buy or sell with SL near 10.00 point or high/low
good luck , i put this buystop,selllstop too
GC one hour time frame channelThe GC one hour time frame is in a sideways
range. The market is near the bottom of the
range showing signs of a potential bullish push
towards the top of the range.
Entry: Counter trend line break bullish above
the bottom of the sideways range.
STOP: In the sell zone below the low before
the entry.
LIMIT: 1882.1
As long the market stays above the bottom of
the sideways range. It will be a good idea to
turn to the one five minute time frame and
to look for tunnel trader long, destination
trader long, and or chandelier trader long
ideas towards 1882.1
Gold 1 hour : buy pinbar break now we must put Sell stop in low i pick buy in gray arrow after pinbar comes in 4hour chart , but crash on dowjones in evening push gold down (AC daily is red, for buy we must wait)
now pinbar break , this mean down trend can start , we can put very very low size sellstop in low with sl on today high
if you have open buy , 100% put SL under today low , break low can start down trend
if you have sell , wait more and put SL in 1832
above green (red) arrows after OK verfy come ,we can puck buy again for hold to high
ALERT= 1785 LOW IS VERY IMPORTANT , BREAK IT CAN CRASH GOLD TO 1550
wish you win