Gold Could Go Higher Very Soon!Gold is at yet another cross roads as it breaks up through resistance, we should watch for indicators showing continuation and strength. $1850 is my next short term target. This is not trading advice.
GLD
GLD is heavily outperforming SPY. Long GLDI see this trend continuing over the next year or longer. Please follow for more analysis.
GLD is heavily outperforming SPY. Long GLDI'm taking some Leverage here on GLD. Follow me for more analysis.
Bookmark This: Don't miss this Gold Trade. Targets acquired from multiple instrument technical analyses.
This trade is one you don't want to miss
Something ominous lurks Beyond.
X AMEX:GDXJ OANDA:XAUUSD AMEX:GLD AMEX:GLD AMEX:JNUG AMEX:GDX TVC:SPX TVC:DJI NASDAQ:QQQ AMEX:FNGU TVC:DXY
Silver has been following BitcoinBitcoin price action has been leading Silver for about a week ahead. Can we use this to predict Silver prices?
$DXY Head and Shoulders PatternYES... that is the neckline. Check the link below and compare charts. You're welcome.
Link: www.mql5.com
US30/DOW H4: 10% upside remains / buy shallow dips(NEW)Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
US30/DOW H4: 10% upside remains / buy shallow dips(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: US30/DOW H4 chart overview and outlook
::: chart looks good / more upside likely
::: accumulation in progress right now
::: previously coming from strong base
::: repeating same pattern now
::: TP bulls is 28 500 / 28 750 points
::: recommended strategy: BUY dips TP 28 500
::: overall US stock market pretty resilient
::: until we hit 28 500+ there will be no
::: correction. just BUY dips and make money.
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment outlook short-term: BULLS
GLD soon to go into a modest correction, based on cycle analysisThe chart shows cycle analysis on GLD. The bottom shows the repeating cycle lengths, which are very consistent in GLD and gold futures. You can see the support area, which we labeled as a buy zone. Based on momentum indicators and the structure of cycle patterns, in multiple time frames, it is expect that the price of gold will continue the uptrend.
Gold Breakout above $1800 is SignificantI have always viewed this $1800 price level in #gold as more significant than the $1910 blowoff top 2011. $1800 was the multi-month, triple tested resistance level that precipitated the 6-yr base. If it holds, the breakout above this level is secular and very bullish imo. $GLD
Major bull flag in PlatinumPlatinum is breaking out of a 5-6 week bull flag after tagging its 50 day moving average and reversing from major structure. Precious metals seem to be breaking out in general, but I particularly like the pattern in platinum. I am long all three (gold, silver and platinum).
Gold (GC) new all time highs on the horizon?!?Gold futures are grinding their way back towards all time highs of 1923 on the monthly chart! A break over that level would be bullish longer term!
Gold U say "AHHHH" Bullish cup and handle. But its cup that took 10 yrs so does that mean bull in 10+ yrs?????
Gold Ascending Triangle, Watch For Break ConfirmationGold appears to be forming an ascending wedge but wait for a confirmation before going bearish. Infact, watch RSI for a guide in direction, depending on Macro news you can expect the unexpected these days (coronavirus), for example the DOW just went up out of a descending triangle today, go figure (a bearish pattern with bullish outbreak).
