HOW-TO: Cosmic Cloud #1📡 INDICATOR
Cosmic Cloud
👩🏫 HOW-TO CONTENT
This how-to shows that even price movement during major events like global market crashes adhere to the indicator levels.
✅ POINTS
the price drop starts after reaching a resistance level (top-left chart) or
the price drop is confirmed by a downward breakout from one of the support levels
the 2020 stock market crash (👑) reaches its lows at various Cosmic Cloud supporting levels
🔔 USEFUL ALERTS
Resistance Channel Re-entry ↓
Basis Test ↓↑
Support Channel Entry ↓
GOLD-SILVER
XAUUSD UpdateWell, what I can say. Last stronghold stood. I take yesterdays move as a confirmation of the bearish scenario we maintained since November 2021. See historical posts for the big picture or it is more convenient to read Weekly Updates on the website. Of course, it is too early to throw in a (beer) bear party, we'll keep quiet and watch. Wave i on the chart is only an illustration of the possible roadmap. It can be shallower or deeper, we will label it as soon as it takes shape. It would be good to offload some short before wave 2 kicks in, but we will not make hasty decisions. If the count is right we are in wave c and it can be brutal.
If the price recovers and takes out the previous high - I am out.
GOLD: A run to $2K? Looks bullish right?As the DOW, S&P, and NASDAQ begin to shake up, it is expected that investors will park capital in GOLD. However, gold has historically under performed leading up to the Feds decision on interest rates. In the short-term, I think GOLD will re-test the $1500 area. A clear bullish pennant can be seen as of now, but I will wait for the pattern to develop more before adding to my position. (The monthly MA100 is at $1444.01)
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- A bullish pennant indicates an upward continuation in price ;)
GOLD HUGE BREAKOUT IMINENT!Gold is testing a consolidation resistance formed for 520 days. HUGE MACRO breakout will happen.
Silver to follow for bigger gains.
Also BTC BTC bubble is popped, and digital gold will now be in the dumpster
its time for real gold and silver to shine
Wait for confirmation of breakout though before entering as we could reject here
1920$ target ? My forecasts have been confirmed since my last analysis of gold. Therefore, I assume that in a combination of bad economic numbers from Omicron, lack of business numbers and further trending of silver towards the north, the price of gold will pick up speed again.
After that, however, there should be a stronger sell-off again, as usual, on a more familiar resistance zone. I hope you like the post!
SLV BREAKOUT OR LAST RALLY BEFORE DEFLATIONI am taking a position in short gold and silver today as I see the last wave of the inflationary cycle coming to an end as well as oil could still see 88/92 but with the fed looking to reduce inflation in this next cycle . sp and qqq are still in the 1987 crash pattern we have 5 more black days to come
The Commodity SUPER CYCLE is upon us!Hello All!
This is a macro view of Commodities (Metal, Energy, Livestock & Meat and Agriculture). As you can see we have broken out of the falling wedge formation and we are pushing towards 4 main resistance levels. Commodities have not hit a new all time high since 2011 which was during the low of the housing market crash. These levels will be key economic indicators moving forwards into 2022 and beyond. Right now the upward trend has not broken, the levels to watch are posted on the chart.
1. Metals are forming long-term bullish patterns & recent high increase in inflation
2. Meat & Livestock prices have been rising (you can see this in the grocery store) due to Covid & other factors.
3. Gas & Coal have been rising bringing Electric higher. Energy crunch.
4. Energy & Fertilizer prices are increasing which in turn increases agriculture costs.
Economic factors have been driving these prices higher across the board.
This in-turn will increase the cost of living.
Precious Metals on a very important inflection pointYesterday, Gold has broken above a very important level, 1830, a level that acted as resistance since July last year, and at this moment we may wonder, is this just a spike, or Gold has resumed its long-term uptrend?
Looking at the posted weekly chart we can see that after the strong reversal that followed August's low, the yellow metal has put in higher lows on our chart in September and in December (also this low is confirming a strong support zone at 1750-1760). Last week Gold has reversed again, this time from under 1800 and, as I said, yesterday it has broken above horizontal resistance.
At this moment XauUsd is facing an important figure, both psychological and technical, 1850. A break above this level would put bulls in a very good position and could lead to further gains towards the 1875 last high's resistance. Also, a break is extremely important, putting a stop to the sequence of lower highs started back in August 2020.
Platinum:
Unlike Gold, the recent high for Platinum happened in February 2021, and since then XptUsd corrected more than 30% to 900 zone, a zone that acted as support for more than 5 years.
At this moment the price is back above 1k and just under a very important technical confluence resistance provided by the falling trend line and the horizontal level. A break here is also very important, signaling resumption for the uptrend started back in March 2020 and giving scope for big gains for Platinum in 2022 (even to 1500)
Silver:
XagUsd's was more clear and technical than Gold's, with the price stoping and reversing for 5 times from 21.50-22.00 zone and confirming this old resistance as strong support
At this moment here also the price is facing an important zone and once Silver gets above, considering its violence and volatility I wouldn't be surprised to see the price at 50usd and a doubling in value.
XAUUSD UpdateOk, so at this moment in time, the count on the chart suggests that gold should sell-off. Alternatively, we may continue rallying to form a red wxy.
All that is not consistent with a likely bounce in stocks. I have 0 positions in stocks and heavy shorts in gold , therefore I am biased and can be a victim of confirmation bias.
So either gold decouples from stocks and fall when stocks rally (can happen and did happen in the past foretelling a coming decline in stocks) or my outlook is wrong in either instrument (more likely )))
I would hate to think that we are in an even more bullish scenario which I previously indicated in orange. That is a lot of ElliottWave counts to waste.
Gold/silver ratio implies outperformance for silverI was chatting to a techie friend of mine (Thomas Anthonj) last week and he told me to have a look at the gold/silver ratio as he suspected that it has completed the 5th wave of an Elliott wave count, so this morning I took a closer look and yes, I think he is right.
In addition, the market has remained capped on the topside by its 200-week ma at 82.10 and we also note the divergence of the weekly RSI. This is a measure of momentum and divergence normally indicates a loss of upside momentum.
Given that we both think the gold/silver ratio has topped, this would suggest that gold will under perform silver. So is silver the better bet for an up move? I took a look at this on both the daily and weekly charts and was reasonably uninspired but when I got to the monthly chart this was looking a whole lot more interesting!
The market has spent months consolidating just above the 21.17 long term pivot and looks to be base building longer term. So, we suggest that silver is a market that needs to go on the radar we suspect as this should see a decent recovery off such solid support.
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DeGRAM| SILVER strong support On Friday, the sellers were able to bring the price back under the resistance line, which stopped the price from moving up. However, this upward movement is expected to continue next week. There is a strong support near the level 22.65690, which the sellers will hardly be able to overcome. Thus, near the specified level, you can look for entry points to buy next week.
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$US30 1/13 chart analysis *This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
The volatility in the markets as of late has gotten boresome. Up and down, side to side, and left to right. It's insane. I'm sure a lot of day traders have been taking great advantage of this and profiting; however, the markets are finally appearing more decisive.
Let's go over recent late events that will support that claim.
1.) Russian/Ukraine: It has become obviously clear that Russia will invade Ukraine. Putin believes firmly that Ukraine joining NATO will be horrific to Russia. War in order to stop Ukraine from joining NATO isn't a decision in Putin's eyes...it's an ultimatum.
2.) Russian troops leaving Kazakhstan after restoring order. (Conflict Resolved)
3.) Covid-19 continues to surge, but it's clear that Bidens only response is testing, vaccinations, and masks. It's been made clear that despite Omicron's spread surging to record highs the possibility of another lockdown is close to zero. This administration knows that it cannot afford to go through another lockdown without there being financial ruin. Return to normal as soon as possible is their only aim in sight.
4.) Russia will without a doubt sever ties with the U.S once sanctions are imposed for invading Ukraine. How this will impact $DXY is unknown, but my team is speculating that this event would cause it to drop.
5.) The Feds accurately predicting that inflation would hold at 7% is a good look. It makes it look like they have things in control. We are also still in QE phase. Raised rates will start no earlier than March, and this gives the market ample time to break all-time highs once again. In addition, we most likely have a strong retail sales report coming out tomorrow that can give $SPY the boost it needs to get things rolling.
If everything that we have laid out does come to fruition, then we see $SPY futures going up along with commodities such as Oil, Bitcoin, Gold, and Silver
Our odds:
Target A: 79% chance of playing out
Target B: 58% chance of playing out
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Gold and Silver have been Outperforming Cryptos since Nov 9thIn this custom precious metals (Gold and Silver) versus top cryptos (BTC and ETH) you can see the last lowest low was November 9th in what appears to be a bottoming formation. Price ratios continued in an upward channel (shown in yellow) and have just confirmed a breakout upwards from that channel. Suffice it to say, PMs have been outperforming major cryptos since early November 2021.
This is not financial advice. The trend is your friend, so it may be time to rotate crypto holdings into #gold or #silver or a ratio of both. Luckily there is a platform that allows you to do this directly called Kinesis. Kinesis also allows the storage AND delivery at any time of your precious metals, and in a specifically allocated account (no unallocated pools). They also offer 5 ways to partake in their fee-sharing program including the holder yield - which means it's not just free storage, but you get paid to store with them. Check out their informative videos to find out more or sign up kms.kinesis.money