lower time frame 3angel pattern on gold = buystop on high,sellstop in low (sl on 5-6 pip above high)
AC on daily chart=turn green
AC on 1hour chart =going to green
this mean 90% gold will start new + trend in next hours
if you see my today analyse on dollar index DXY ,it break down trendline too and going to 87
for this ,i predict gold go more up up up ( i say 1000.000.000 time=gold is super trendy,never open reverse order on it,now you can see i was right???? ,gold not reverse on sma200 daily and big trendline,break all , when gold start go up , wil go up up up uper even 20-30 day and 500$ (50.000pip) )
if you have buy you are pro gold trader , be patient on + pos = big profits
if you have old open sell , you must put TP= 1845( try to exit in low and pick buy) then reduce your levrage to 10 max 20
if you love zigzag market , high movment and volatile ,reverse posation trade dax future FDAX1!
(my base,main instrument from 2006) but need min 6 month practice on demo ,it is other world
Gc!1
many trader stand on green arrow to buy gold still is on + trend ( until 1800 break ,gold have buy ,looking for buy, like stupid new trader 1-2 red candel dont force you sell=margin call )
ALERT=we predicted : gold in way to 2400 $
www.marketwatch.com
keep monitor AC accelator occilator on daily chart (now is red ) and AC on 1hour
when AC daily turn green and AC 1hour go down,full red dont fear to buy and wait min 4-5 day
if your trade platform dont have AC use stoch 7.4.4 on daily and 1hour chart
Gold Price Action AnalysisAsked on my social media this morning: "what you think? Gold c&h (cup and handle)"
I am not an expert when it comes to price patterns like Cup and Handle but I do put my faith in Ichimoku and its fundamental component of 50% retracement levels. What Gold has done in recent months is hold support at 1678 (on futures) back in March which was the 50% Retracement from the launch point of the trend that began 2 years ago in April 2019. The trend on the Weekly is strong bullish so the probability is high that Gold will retest the All Time High and break it in the months to come.
Gold on its way to 1864As been following Gold for over a month and notice that after every target it hits, it takes pause for week or more before moving higher. Once it moves past previous week high, looks like it is going to test 1864 level. Next immediate target would be 1875 if close above that much more higher move expected.
Gold - GC Gold Futures are rising as non-commercials add to their long positions. - Currently net long 192.3k, up 21.5k.
In the week to Wednesday, for the first time in 16 weeks, GLD (SPDR Gold ETF) saw positive flows, gaining $340 million (courtesy of ETF.com).
In the meantime, non-commercials raised net longs in gold futures to an 11-week high.
Last week, the metal jumped 3.6 percent after repeatedly defending $1,760s-$1,770s.
The nearest support lies at $1,800, and of course $1,760s-$1,770s after that.
do you see how gold is super trendy?all person who open reverse posation,sell on it ,now are in margin call !!!cant exit too
here is today analyse and best order place with SL=6.00$ and trailstop=6.00$
AC (or stoch 7.4.4) daily going to red=down trend can comes
AC 1hour now show sell too
sell on gold ,silver,index like dax dow nasdaq is super risky , if you want sell 100% put SL and never remove it ,these instrument can go up 5000 pip witout pullback(you can't close sell)
for comming days we advice looking for buy on dax,nasdaq and gold,silver in deep
GC eyeing 1900Gold at very important point here. Gold seems to be accumulating here at resistance. If it breaks resisitance look for first take profit about 1874 and then if this resistance breaks the 1900-1910. If current resistance not break then look for pull back and another attempt with this set up. Targets are all fib extension 1.272 and 1.618.
END OF TRIANGLE CLOSE TO CRYPTO SURGE TIME - GC1! - GOLD - DAILYThe lines traced in the previous analysis of the GC1! Gold Future are still legit.
The blue line is the main line telling about the probable story of this market. Beware, we have seen the market going up suddenly after having touched it last time.
The above red line is the potential roof that could be break anytime and would open a large space for a possible bullish movement.
The orange line acts like a heart beating, accelerating as the market price approaches the end of this triangle.
The interesting thing to note is that more and more investors are getting information about the cryptocurrency world. Bitcoin's market cap vs Gold market cap...
The exit of the world lockdowns and hard situations sustain the sentiments of fear over what is the future about in the traditional economy.
Gold GC1! price would be likely to react to that and cryptocurrencies are getting popular.
There are no coincidences, the end of the triangle is possibly matching with the surge of some cryptos seeing projects delivering their layer 2 solutions (like ETH) or creating smart contract in their new step of development (like ADA). We see more and more forecasts about the increase of stock investors diversifying their portfolio with some cryptocurrencies in the near future.
At the moment, GC1! Gold Future price could do a pullback on the red line or just break it. It probably better to observe and wait for a significative break of the red or the blue line, then follow the trend by dollar cost averaging and not letting position float for long time.
short term prediction for coming days +our Gold stratgy green arrow=powerfull buylimit place
red arrow=powerfull sellimit place (not advice pick them,higher risk)
for comming days buyer pressure , energy + will be high ... Bill wiliams crated AC accelator occilator (or stoch 7.4.4) in daily chart and 1 hour show buy (when on daily chart AC is green mean + trend,buyer comming)
save in your mind=
our signal (and all world best analysor) 50-60% is true ,we dont have 100% on trade ,so you must put SL under low ,but if you put SL and TP=min 3*SL after 10 posation you must pick safe,stable profit understand?
if you cant put SL (touch or remove it) if you cant wait 4-5 day on profit posation if your levrage is above 1-20 (size per 1000$ is above 0.01 or 10$) you must STOP trade on real and back to demo until solve these
in my idea if you cant turn 1000$ to 2000$ with fix 0.01 lot , put SL(dont touch) you dont have licence for real if inter real 100% will loss all
good advice= in your platform ,hide downside open orders window,dont see orders profit/loss ,only work base on chart,not orders profit,loss=emotion,mistake,close good pos soon (you can hide your SL line on chart too,then you can eat SL easily)
STRATGY =when AC daily is green(in down) mean only looking for buy ok? in 1hour when AC go down have 3-4 red line mean buy ok? go to 15min chart put buystop on 15min last high (little upper from high) or on last trend SL=last low TP=fibo 161% or 3*SL
if you dont judge soon like stupid ,practice 3 month it on demo pick 50 posation like robot you must see 25 tp 25sl (net profit =50*sl) with practice little by little you will increase your win %
if you find above stratgy good please send us min 100$(10000 coin) inside trading view
good luck
GDX higher , can VOX Royalty benefitIn 2021 Vox set out ambitious corporate targets for the year with an aim to grow and acquire additional NAV-accretive royalties.
By February Vox Royalty announced that it had agreed to acquire a Western Australian gold royalty portfolio from Gibb River Diamonds Ltd for A$325,000 in cash. With a total of 31 Australian royalties, Vox is now the second-largest publicly traded holder of royalty interests in Australia by royalty count, behind Franco Nevada Corporation.
Vox's gold royalty portfolio includes three advanced exploration gold royalties in Western Australia. The royalties include a 1% Net Smelter Return (NSR) royalty over the Bulgera Gold project operated by Norwest Mineral Ltd, a 1% NSR over the Comet Gold Project operated by Accelerate Resources Ltd, and a 1% NSR over the Mount Monger Gold Project operated by Accelerate and subject to a binding option agreement with Mt Monger Minerals Pty Ltd.
The Bulgera Gold deposit has an estimated resource of 93,880 gold ounces at 1.0 g/t.
With precious metals miners showing a positive reaction to the US10 year yields being capped under 1.7% currently, plus the weakening US dollar there is a real chance that producers ramp up production as prices of the yellow metal appreciate. $2k Gold seems to be the sweet spot for a lot of evaluations around the miners but there is sentiment building that the economy and monetary policy are going to be very supportive of traditional stores of wealth.
how pro traders find target TP place + big trader secret assume now we are in green line,cant see right side of it
for up target= on 1hour chart find last clear down leg (V shape ) then draw fibonanchi from high to low (enable 161% and 261%) now 161% place many big money traders put TP (like today) if it break buyers next target is fibo 261%
can we put sell limit on 161%= no gold is super trendy ,reverse on it is big mistake ,specialy sell
note = never draw trendlines ,support ,fibo other traders can see , only draw most clear,most important things
for find down target= find last up leg ,draw fibo raytrace on it (start draw from low to high) 100% level must be in down
can we put buylimit on fibo -161%= no but somthimes near it we have powerful support and trend line ,then yes you can put buylimit but with SL=6.00$ or low (only buy side on gold,silver ,indexes allowed , pick sell,sellimit on them is stupid)
SSSECRET= big traders never inter posation instand by buy,sell , they 99% use buystop,sellstop posation , for example ,gold go down ,reach fibo 161% , pro traders go to 15min chart or 5min put buystop on last high (or down trend) bcuese if gold break high,or trend mean 99% will start new + trend yes he loss 10-15 pip but his inter winrate is very higher than buylimit or buy (think,practice 3 week)
dont judge soon , 1 month instead buy ,use buystop on 15min chart last clear high (sl=low) then judge
daily chart ,AC , Stoch show buyer comming many buystop are above 1800
dont forget put buystop (low lot size) and give it time to go up
i predict gold after break 1800 wall ,go up wild to near 1815 then back to 1800 then go to 1850 (can go to 1920 too)
DONT OPEN SELL AFTER BREAK 1800 EVEN IN 1850(open reverse posation on gold is stupid,it is super + trendy)
if you have old open sell 100% put sl on 1800 ,break it mean start of + trend
www.tradingview.com
Gold Futures ready to popKeeping an eye on the relationship between the Gold Futures and the US 10 Year Yields.
Currently, the yields are coming off their highs, but the Gold hasn't reacted yet. If we get a breakdown in the US dollar, that will be the catalyst I am sure and currently, the US dollar index is finding resistance from old support.
Jobs data was good today, but there is a chance that NFP doesn't meet expectations as there are some lofty numbers being pushed around.
GC Holding on SupportThe GC One hour time frame is in a short term
down trend. The market is finding support at the
back side of the old up channel. It is a good idea
to wait for the market to break and close above the
down trend line before looking to buy.
Entry: Counter trend line break bullish in the
buy zone.
STOP: In the sell zone below the entry
LIMIT: 1810.10
As long as the market stays above the support
level of the old up 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 opportunities.
US10Y yields and Gold Miners (GDX)Gold is an inflation hedge, so expect to see XAUUSD rising as the CPI and PCE data prints show consistent prints above 2% on average for the year.
US10 year yields steepen against the 2-year yield as short-term inflation expectations are crushed by QE and low-interest rates but medium-term inflation risks are starting to show their presence in the cost of commodities, materials, and rising wages. The Fed is adamant that the current signs of inflation will be transitory and as the base effects from last year fall out of the year-on-year data readings the inflationary pressures will ease.
Gold producers on the COT report had trimmed their short positions from the beginning of 2021 until April but have started selling more again as the price of Gold bounced off $1700, which make me feel that the range between $1700 to $1900 is here to stay for a while longer.
One way to try and capitalise on the price of Gold without the need for it to break $2k necessarily is to invest in a Royalty or Streaming company. With prices for mining output already set, the Royalty companies can still make money even when the gold price is falling. They don't operate mines themselves, and so the huge infrastructure and operating costs do not fall to them.
as we predicted silver gold fly up but be ready for wave 2 1850on green arrow you must inter buy SL=6.00$ (buystop on high is good too)
if you have old open sell ,must put SL on today high , break 1800 mean new + trend
note=reach 1850 can take 5-6 day,if you have buy,be patient ,after 6.00$ profit , put SL on open price ,let it go up
keep monitor AC (accelator occilator) and stochastic on daily and 1hour chart always ,when AC daily is green mean + trend ,looking buy in deep
good luck
Inside the current descending channel on XAUUSDToday we will speak about the current price action we are observing inside the descending channel. A few weeks ago, we made a post about XAUUSD analyzing the macro situation (Daily Chart - Link in related ideas)
What are we observing right now?
-The price has broken the descending trendline (Yellow line) after making a double bottom pattern.
-Currently, the price is making a corrective pattern above a resistance zone now working as a support.
-We have two targets right now: The first one is the higher trendline of the descending channel. There we will expect a corrective structure with similar proportions to the one we are observing right now.
-If that happens and we have a breakout, we have a final target on the next resistance zone at 1950.00
-Currently, we have a setup using the levels we explained in the previous post (Link in related ideas) and a final target at 19500.00
-The expected duration for this movement is between 1 to 2 months
Thanks for reading!
lower use of gold in world , push gold downwe see in morning gold again attack to 1800 then normaly pullback ,but news on Gold demand and open high us10 year yield break it suddenly ,crash it to support
dont fear ,trend still is + and this time 90% gold will break 1800 wall
advice= put buystop on high , break high mean new powerful + trend ,we still looking for buy in deep ,not sell
www.marketwatch.com