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GOLD-SILVER

USDJPY-07/04/2023Preferred direction: SELL Comment: Today, the USDJPY currency pair has the greatest chance of turning down over the past 2–3 months. The potential and most confident short entry point is now located at the level of ~143.8. When closing below this level, the instrument is very likely to roll down to 142.204 and 141.327. However, it is unlikely that the instrument will fall like this right away, maybe the same re-test to ~143.8, after which the movement will resume towards the specified targets. Thank you for like and share your views!
Short
by Viktor_strifor_analyst
2
The Markets Are Weird...Just when I thought SPX was bearish... ...the bulls pull me back in. Not many of us in here made millions from trading. One of the reasons is that the markets are weird. Just when we be lie ve that the bottom is in, another bottom appears. Just when we be lie ve that more down is coming, no more down comes. When you open TradingView, and look at the prices, don't fall for the trap. These are the prices the seller put up. Just like browsing the retail markets, you browse the trade markets. Price action is what the seller wants you to buy into. The standard, dollar-denominated SPX is shaping into a bear flag. The not-dollar-denominated SPX is shaping into a bull flag. This is basically SPX measured against the average non-US buyer. Which one is right??? It is at these points when buyers/sellers get trapped. They expect one movement, and the opposite comes. The "I shorted the bottom" motto must not be misused, everyone can fall for the trap. The Stock Market is about long-term strategies. What matters is the stance you keep. Your stance must not get shaken-up from the news. Last year was the year the classical investment strategy failed. And that occurred in a period when the US economy was not in a technical recession. While we cannot perform meaningful measurements on this chart, the trend change cannot be ignored. From a period of the equity-bond pair being bulletproof, we are heading into a period when it is full of holes. Don't believe me? Listen to one smarter than me explaining it... www.youtube.com And the culprit of last year's pain was bonds. I am comparing it with the META price action from last year. I expect weakness in bonds for many years. Weakness in Bonds can mean only one thing. Money outflowing from bonds and into alternative investments. Be lie ve it or not, in this environment equities may seem like a reasonable thought. To confirm this, we must perform some relative analysis on charts. The KST-Based MACD indicator I developed works beautifully when we want to analyze the performance of a trend. It basically ignores up-down movement. It takes into consideration the relative strength gained-lost. It is a cousin of RSI, and is analyzed like Stochastic RSI / MACD would be. This indicator helps us pinpoint trend strength shifts . A bearish signal could mean that a fast growth is beginning to slow down. A bullish signal could mean that a slow growth/drop might turn bullish/go faster. I will not go into much detail as to what is considered a bullish/bearish signal. An explanation might get too long for this idea. For now, take my word for it... While the US economy (SPX * DXY) might not outright crash, weakness in SPX is apparent. This chart suggests that the bull-flag that is shaping on the SPX * DXY chart is probably a blow-off-top behavior. This however does not mean that the top is in. Price has just reached the mean. From the above we realize that SPX behavior is nearly identical to the 1953 period. More info about it in this idea below: Not all is well for SPX however... Relative weakness of SPX appears, when compared against other continents. Curiously, a bullish relative performance can be seen when compared against Japan. There are however many obstacles for SPX to jump through. The Bitcoin Bubble was born to swallow the Equity Bubble. Besides crypto, the arch-enemy of SPX are commodities. And the best performer of commodities may be oil. From this chart we conclude that oil will beat anything SPX + Gold might throw at it. Perhaps Buffett was right after all, when he called for investing into oil. Finally, a couple of charts for these eternal Gold Bulls... Tread lightly, for this is hallowed ground. -Father Grigori P.S. Be lie ve it or not, this is a serious idea. Many hate equity bulls, just like they hate gold bears. Some charts do suggest bullishness for equities. Either we trust the analysis or we dictate it.
SP:SPX
by akikostas
8
XAUUSD-07/03/2023Preferred direction: BUY Comment: Since writing the last metal idea (on Friday), buyers have been able to overcome the 1912 level, as we expected, and as we needed to fulfill the buy condition. Now, one of the best setups is located at the level of 1920, where one can place a pending buy order. The price area near this level will make nervous a large proportion of sellers, who will close their positions. Long potential is located at the level of 1938.915, that is very important in the medium term for buyers. Thank you for like and share your views!
OANDA:XAUUSDLong
by Viktor_strifor_analyst
5
$TNX looks interesting on the Weekly ChartThe consensus is LOWER #interestrates (I mean, they have been around 3.2ish) Every time the 10Yr #yield was in this same situation it FOLDED. Easier to see on daily. However, something looks lil different this time around. Can't make it out on the daily. Let's see the weekly chart. Hmmm... Not yet, but gaining momentum... If the 10 Yr yield starts pumping this could be good for $DXY. Likely mean the inverse for precious metals like #Silver & #Gold. #stocks #crypto
TVC:TNX
by ROYAL_OAK_INC
$TNX in range and a comparison of Yields around 2008#Yield is moving well today. 1Yr is bouncing back better than 2 and 10Yr. $TNX is not bouncing as much but has not sold off as much as the others. The 10Yr is trading between 3.80 - 4.08. Did we see the top in short term #yields a few days ago? 10Yr on the other hand did not break the most recent high. Interesting to say the least. The last picture shows the highs of the 2 yr and 10 yr right before the crash of 2008. Interesting that almost everything happened in the month of June. Even when it was 3 different years! Hmmm. *** Now let's compare what yields did around the 2008 crash. *** The 2yr yield peaked @ 5.28% and it did it much earlier. It was almost 2 years before the 10Yr yield did. The 2yr also formed a lower higher in 2007 (5.13%) & peaked in June 2008, much lower @ 3%, before the real crash happened. The 10yr didn't peak until June 2008. way after short term rates peaked. We also see that the peak was around 4.3%. Stocks peaked in Oct 07 and the lower high was May 2008. *** We are seeing something similar today. However, IMO everything happens faster today. We're keeping a close eye on lower highs in short term yields and we could be seeing this now. Time will tell. This data is just like other data. Just past info to help weather the current & future storms.
Editors' picks
TVC:TNX
by ROYAL_OAK_INC
8
Stubborn MarketsThe markets simply refuse to give up. The birds are speaking to them, but nobody listens. Gold, still living inside a massive bearish wedge pattern, is almost ready to print a death cross. The 1M, 2M and 3M timeframes print a similar picture. The 2M chart is beginning to give in. Volatility between MAs is keeping these still glued together, unable to figure out the next move. Either the best Golden Cross prints or the worst Death is soon to come. Markets are weird. I always found incredibly interesting the period before the .com bubble. Equities had just printed a death cross. After the post-1988 prolonged weakness, all support seemed to have been lost. Instead, the markets boomed. It is at these extremes when the good and bad stuff happens. I am getting annoyed from all the birds speaking, many of them bullish on gold, others bullish on equities. The Gold Bird Everybody wants to keep this fella alive! The SPX Bird Everybody wants to kill this poor fella! With both birds SCREAMING, we cannot reach conclusions. Gold Bulls are buying into their ultimate doom. SPX Bears are selling into one of the most powerful bull runs we have witnessed. It is the duel between them that will clear the picture. Honestly, it looks like a Gold Cross is about to shape for equities, not for Gold! Gold may instead take the black death-ish color. Again, Buffett may be right after all... Japan + Oil = love-4-many-years US Yield Rates show significant signs of strength. The end of the 2nd Big Tech bubble is right around the corner... Bird might be Peter's word. Don't be like Peter. Remember: Trend is the trader's word.
TVC:GOLD
by akikostas
13
(DXY) collapse of the US dollar?DXY is at a critical point right now at the end of May, The fact the United States is continuing to print cash non-stop and the fact our economy is slowly dying due to Cov-19, I believe the DXY is about to go on a harsh downtrend and maybe even revisit 2008 lows drastically affecting the strength of the USD and the economy as a whole. For sure gold and silver will be the safest bets for this upcoming crisis but how would Stocks and Crypto be affected by the result of the US dollar becoming weaker, and how can an average investor profit off this major event? (Everything down below are for educational purposes only nothing i say is financial advice) Stocks: Overall most stocks will have a-lot of selling pressure and will most likely will continue to bleed intill the economy recovers Gold and Silver: Simple, When the dollar gets weaker gold and silver goes up thats why i its smart to have a good amount of savings into silver and gold assets so that you can maintain and grow your wealth during a crisis. Cryptocurrency: This is where a-lot of investors are divided and disagree about the future of Cryptocurrency. One half believe's that its the future and the market has huge potential while the other half believe's that most Cryptocurrency's are scams/Ponzi schemes and its not a real asset. in my opinion if the DXY does continue to go on a downtrend it will cause more buying pressure for Cryptocurrency's because of the fact nobody smart wants to hold cash if the value is decreasing rapidly over time. If your skeptical about Cryptocurrency 's I highly recommend you do research on both sides and then make your decision about the matter instead of just closing a blind eye too it.
TVC:DXY
by Popwwe123
1
$DXY, Dollar, strength has been weakening for some time now,TVC:DXY has been weaker since our last call, cratering even Lower highs since peak of Sept last year Lower highs in recent trend since Nov 2023 Relative Strength breaking lower AMEX:UUP also shows this as well (The following is not seen here, sorry, pls check profile for more info) Weekly TVC:DXY shows the weakness clearer RSI hasn't been able to break past 50 (middle area) This is the LONGEST US #Dollar has taken to break under the breakout area (blue arrows) Historically, RSI @ these levels has stopped rallies At the very least temporarily
TVC:DXY
by ROYAL_OAK_INC
It's about POWER, not regulation, $BTC still in pattern!!!Haven't seen 1 account speak on what we've said for about 2 years now, in reference to gov & #CBDC and them not liking competition NOT 1 Many #CEXs have asked for guidance & what have they received? NOTHING! This is NOT about #crypto protection! This is about CONTROL! #DEX #BTC #GOLD #SILVER ANYWAY CRYPTOCAP:BTC still looks good. Pattern we highlighted some time ago is STILL in PLACE. Picked some #BTC up after hours last night. Check the BUYS on 4Hr chart. Shorts were not heavy so this is outright BUYING! #Bitcoin still looks good imo! #crypto
CME:BTC1!
by ROYAL_OAK_INC
Cup and Handle Breakout by 2025?: Bitcoin, Gold and Silver ReadyThrough meticulous analysis, the three charts displayed side by side present a captivating comparison between silver ( TVC:SILVER XAGUSD), gold ( TVC:GOLD XAUUSD), and Bitcoin ( BNC:BLX BTCUSD). Spanning from the 1970s to the present day, these charts provide a comprehensive view of the remarkable journeys undertaken by these assets. The first two charts depict the price movements of silver and gold over the course of five decades, while the third chart illustrates the relatively short but remarkable trajectory of Bitcoin since its inception in 2010. What immediately catches the eye is the astonishing pace at which Bitcoin has achieved in just 13 years, what took silver and gold a staggering 53 years to accomplish. However, the most striking aspect that commands attention is the unmistakable presence of a colossal "cup and handle" pattern, poised to complete its formation within the next two to four years. This pattern has been dissected into five distinct phases, revealing intriguing similarities across all three commodities. 1/ The initial phase witnessed a rapid surge in prices for all three assets, setting the stage for what was to come. 2/This was followed by a minor correction before another sharp increase in price. 3/ Subsequently, a prolonged period of slow and gradual correction ensued, testing the patience of investors. 4/ However, this was eventually followed by a steady bull phase, characterized by sustained upward momentum. 5/ As the cycle neared completion, another corrective phase emerged, followed by a steady rise once again. (Note: This phase is marked by a smaller cup and handle forming within the larger cup and handle, with completion at around the same time). The question that naturally arises is: what lies ahead? Will there be a breakout to the upside after the completion of the cup and handle formation, expected to materialize within the next two to three years? The simultaneous indication of such a breakout across all three commodities is undeniably intriguing and warrants further exploration. Furthermore, as we examine the intriguing cup and handle formations across silver, gold, and Bitcoin, it is crucial to take into account the profound shifts occurring in the global economic landscape. The traditional dominance of the petrodollar is facing significant challenges, with emerging trends indicating a potential end to its reign. BRICS nations, for instance, are increasingly engaging in domestic currency transactions, bypassing the need for the U.S. dollar as a medium of exchange. The advent of Central Bank Digital Currencies (CBDCs) across numerous nations have introduced a new dimension to the evolving financial ecosystem. As these digital currencies gain traction, they have the potential to reshape the dynamics of international trade and cross-border transactions. This transition towards CBDCs further underscores the changing paradigm of global finance. However, it is important to acknowledge the mounting tensions and conflicts that permeate the geopolitical arena. Wars, both physical and cyber, as well as potential hacking scandals between nations, have the capacity to disrupt and fracture the fabric of the current economic climate. These events have the potential to cause significant fluctuations in financial markets, including the prices of silver, gold, and Bitcoin. When analyzing the broader financial and economic landscape, it is essential to consider the interplay between political developments, economic policies, technological advancements, and market dynamics. Geopolitical shifts and power realignments among nations can have far-reaching implications for asset valuations and investor sentiment. In conclusion, as we explore the cup and handle formations in silver, gold, and Bitcoin, we must recognize the wider context of global transformations. The potential demise of the petrodollar, the growing influence of domestic currency transactions among BRICS nations, the rise of CBDCs, and the geopolitical tensions reshaping the world order are all factors that can significantly impact the future trajectory of these commodities. It is within this intricate interplay of forces that we seek to discern the catalysts that will drive potential breakouts and subsequent price movements. As the global economic landscape continues to evolve, adaptability and astute analysis remain essential for navigating the uncertainties and seizing opportunities in the ever-changing financial markets. Disclaimer: Keep in mind that market predictions are about as reliable as a weather forecast in outer space. Use this analysis as a conversation starter, not as financial advice. Investing in cryptocurrencies carries risks, so do your homework and make informed decisions. Remember, no crystal balls here—just a pinch of insight and a dash of caution
TVC:GOLDLong
by Sikbh
🔥 Bitcoin = Digital Gold - More selling Ahead?Bitcoin has often been described as digital gold, even though the price has more closely followed the stock market. However, BTC has closely been following Gold since Sillicon Valley Bank went insolvent. In my view, this has to do with the fact that people are hedging themselves against further banking crises and potentially losing large parts of their investments. Since Gold is highly liquid rare mineral which is always in demand, it makes a popular hedging product. Same goes for Bitcoin. Limited supply, highly liquid and great potential future growth. I'm going to look at Gold for a while to try to predict Bitcoin's price action. Main question remains, for how long will BTC follow Gold? My best guess is that it will follow Gold until the banking sector is safe. Do you think Bitcoin = Digital Gold? Share your thoughts.
OANDA:XAUUSDShort
by FieryTrading
10