Preferred direction: Neutral Comment: The sell-idea by 1900 is working out very well, and the approach to this level in the short term is highly likely. In the case of holding shorts, you should at least move to breakeven. For longs - you can gradually gain, or wait for the approach to 1900 and buy more aggressively. Thank you for like and share your views!
Despite heavy selling I think there is a good chance of a bounce in ABC flat. Once ABC is complete this would be the moment to consider shorts.
The US #Dollar looked like it was done selling off, @ least for now. TVC:DXY has been pumping since the call we made on the 17th, Sat night. The 4Hr looks like it may still have some more leg room. Likely pump a lil more. Unless there's a change, #gold may sell off more from these levels. Heavy selling in #silver as well. #BTC holding, but it did fall more...
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...
We made a call that bond #yields were topping in early June 6M has cratered since then 1Yr sold off, bounced, pulling back again 2Yr & 10Yr TVC:TNX we stated likely topped long ago HOWEVER, we recently stated that they looked stronger than the SHORT term #bonds INTERESTING INDEED #Yieldcurve coming to an end?
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...
Been away so didn't make calls on #yields after the expected run. We called them going higher & stated same for the US $$$. Now what? #DXY still clawing higher Although US #dollar is oversold it looks like it wants to keep going a bit more #GOLD also moving higher #Silver looks as if it wants to reverse as well CRYPTOCAP:BTC moved but giving some back #Commodities
Through 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...
EURUSD above 1.0730 buyers preferred for today up to 1.0750 and 1.08 GBPUSD above 1.2350 buyers preferred up to 1.24 USDCAD sellers only today XAUUSD waiting on buyers above 1955.0
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...
buy the generational dip on silver gold bitcoin later this year. DXY has one last scam pump in it
On this 1D chart we see Gold (XAUUSD) against Silver (XAGUSD) and Copper (HG1!) displayed by the orange, blue and black trend-lines respectively. There is a lot of worrying lately with Gold's pull-back since the mid-April High. Even though Gold and Silver have made Higher Highs, Copper has been declining since since its late January High. On this chart we see...
Welcome to another Forex Daily Forecast! We will be preparing for the trading week ahead: - Analysis of the individual currency Futures, to identify the strong and the weak - Analysis of the FX pairs (EURUSD, EURCAD, ...) - Analysis of Gold, Silver, and OIl too! - Plot and plan for the best setups. I'm taking my time with this analysis with the viewer in...
Better descriptions coming soon! Apparently I need a longer description, this is from my live stream today.
Gold to silver ratio rejected by MA10, continue cup and handle construction.
First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up. XXX/USD: Mixed Gold & Silver:...
Good news for goldbugs: GC Gold futures is projected to take out $2,000. Bad news for goldbugs: I still believe that both price action and fundamentals are short/medium-term bearish on gold and that this swing will amount to an exit pump before lower prices forecast in the below post are achieved. Gold GC1 - Discard Greed, Enjoy the Tranquility of Rationality ...
Overview of many markets - tech may be the canary for the overall stock market, oil could continue to 84-87 area, Gold is at heavy resistance and Dollar is a strong support, Bonds still look strong and maybe a safe haven play, BTC may tag 30k before all is said and done. Good luck!