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Gold-stocks

Gold Long - Inflation & Overvalued Market? How we can seeUS print 40% dollars in last 14 months indication of high inflation U.S house prices on 14 years high , if a consumers products like P&G rises the prices it means we need to ad more value. Gold was under pressure because liquidity pumped in bitcoin but when we hearing countries can ban it an other side US Stocks over valued and can see a correction (not sure about crash) , stock holder will join Gold again as their old trick of hedge. \Many peoples compare Gold with Bonds but now we are running in bad economy where mostly business went to close but market is high. We can estimate Gold in future can hit 1900 to 2200 might be 2500 too.
OANDA:XAUUSDLong
by Deevog
Gold forming cup and handle ??:))my thoughts and my opinions only. wassup my peeps its your boy ive been chilling laying low watching lets gear up im looking at manly stocks and things that i can hold. im converted back to buying stonks instead of placing option calls it seams that gold maybe testing a super resistant time right now. forming a cup and handle with this time frame this is a 1 month ticker chart going way back September 2012. a cup and handle is simple if you see the chart you would see that it looks like a cup with a handle simple.
TVC:GOLDLong
by TradingPapi_
S&P 500 🐻 & GOLD 🐂 & BITCOIN 🐻 = 😅S&P 500 $SPX : monthly timeframe indicates a big bearish divergence on its chart and RSI. This is bearish. GOLD $GOLD : monthly timeframe indicates a big cup and handle pattern. This is bullish. Bitcoin $BTCUSDT : daily timeframe indicates a big bearish divergence on its chart and RSI. This is bearish. In sum up: They say the stock market is in bubble, and about to pop sometime soon. Stock market crash leads S&P 500 crash. Stock market as whole is fundamentally and technically bearish. If S&P 500 and stock market crashes, GOLD will rise like we saw at the COVID crash April 2020. GOLD is fundamentally and technically bullish. If Stock market crashes, Bitcoin will follow its crash like we've seen a lot of times. With that said, Bitcoin fundamentally is bullish. Bitcoin is a digital gold also. But it's not recognized as much as Bitcoin won't follow a stock market crash. In my view, Bitcoin will crash, but will be recovered sooner than stock market and S&P 500. And will be recognized as a "safe asset" from the people who experienced the market crash. This is not a financial advice. Trading is risky. Take your own research and risk management.
by fumiyaorg
1
Crypto & traditional analysis - Technical & fundamentalHello everyone! In this analysis I will try to go deep into what is going on right now and where I see things going in the medium and long term. I'll start with crypto and then move onto the rest of the markets. I have tons of interesting charts which I'll put all at the bottom so that it is easier to read and find everything else in the right order. Right now Bitcoin is in a tricky spot. It has gone up a lot along with all other altcoins and the momentum is slowing down. It could definitely get down to 38-42k to wipe out all the longs, retest the breakout zone and then go higher. Maybe it gets down to 34-35k, but that would take a big crash everywhere for that to happen. BTCUSD has only touched the 50 DMA once and I think eventually it will dip below it so that it can create more panic. Most models I am looking at on various websites indicate that we'll get a bottom in the 34-40k area, if we haven't bottomed already. It is actually likely that we have as longs have gone down substantially. So far over the weekend we've seen it go down and slowly go back up to where the price closed which is somewhat bullish. BTC is in a bit of weird no trade zone for now based on TA. On OKex longs have gone down from 1.7 to 1.05, on Bitfinex we saw a big wipe out (although not as large as the one in January). Funding has remained low for about a week and occasionally gone negative on some exchanges. Premiums on futures have gone down a lot, especially on ones expiring in March indicating longs have gone down quite a bit. The GBTC premium has gone deeply negative potentially both due to longs capitulating but also because there is a lot of competition for Grayscale with many similar products launching, as well as an ETF in Canada and potentially means an ETF or ETP is coming in the US (there are 3-4 active proposals waiting for approval at this point). In general Bitcoin's fundamentals are incredibly bullish as big companies are buying, we have lots of positive news and adoption across all the crypto space as well as lots of positive developments in terms of regulation and access to everyone all around the world. The momentum seems very strong and adoption is moving fast. Based on my models and analysis I can easily see Bitcoin get to 150-250k this year, even if March is a down month (which historically has been the case). What seems a lot more bullish is alts vs Bitcoin. Alts are showing a lot of strength and I've been talking about this for weeks. Now that we've had several rotations, with different segments of the market pumping and overall alts outperforming Bitcoin, we are moving into the next phase. We have Ethereum and Defi start the dance, which then lead to the rest of the market outperforming as they corrected by 35%. Altcoin dominance seems ready for a massive move up, while ETHBTC seems like it put a nice bottom on the 300 DMA. ETHBTC could get to 0.027 at some point, but it might get to the 50 DMA first which has been absolutely flat for days. We even see that the RSI got oversold and now slowly turning up. It makes sense that now ETH could do better as it perfectly retested the 1300-1440 zone which was the old ATH and consolidation zone. If Bitcoin goes down substantially ETHUSD could get to 1100-1200 but not lower, and overall even if BTC goes down alts won't suffer as much and there will be several parts of the market that do well. Focusing on BTC pairs and not USD pairs is the best strategy if you think BTC will go down. It's time for stonks! So far the ones that have suffered the most have been big US tech along with Chinese stocks. This is the largest correction we've had since November and we might have even more to the downside. So far my opinion has been since May-June of 2020 that things will go parabolic. Things got really hot, but the fact that big US companies are doing so badly isn't something that won't have an effect on the markets. Yes the rotation to value and smaller stocks has had a pretty big rally and could continue (very likely actually), but this doesn't mean that this correction has been enough. By looking at indices alone, I'd say it is too early to tell. So far this looks just like a perfect retest, trap below the 50 DMA's and then higher. Many indices fell below the 50 DMA after testing it a few times and then bounce hard. We had quite a bit of volatility around the Powell speech and the NFP report which came out better than expected. European stocks actually look incredibly strong and it might be their time to shine, while Asian stocks might take a break. It's quite likely we are half way through the correction or maybe even 1/3 through it and we'll finally get a 10-15% across the entire board like we did in November. One thing I've mentioned many times before is how once markets broke above their key diagonal resistance in 1998-1999 there were many 10-15% corrections and so far we've only gotten 2. Could this get much larger and painful? Sure, but I don't think we've actually put in a macro top. Initially I had some thoughts that we might have had done so, but it looks unlikely. However it isn't impossible that we see a big correction for reasons I'll explain soon, but we could imagine a similar correction to what we had in Q4 2018. So let's see now what the USD, Bonds and Commodities are telling us. Where are we and what should we expect? How are they going to affect stocks? So far we've had a lot of USD weakness because of all the printing, but also because of several pauses in debt repayments. The thing is though that a lot of it has come in the form of debt which is essentially a driver of demand for the USD. The global economy is in a very bad spot and now that things will reopen (for a bit) we'll see how bad things really are. Currently the USD is at resistance against several currencies, but the scariest one is the USDCNH pairs which looks like it has a lot more potential upside. A strong dollar would definitely be an issue and if the DXY closes above 92 I wouldn't be surprised if it got up to 94-95 which would probably cause a relatively big drop in stocks. The shortage in bonds and the heavily shorted bond markets, as well as the stretched sentiment against the USD are major issues. The reflation trade seems to have come really far, but I don't see this is a boom. It clearly is based on supply side issues and not demand. For example Copper and Oil hit the levels they hit for many other reasons other than money printing. It is extremely hard to produce more Copper or Oil, or many other commodities after so many years of underinvestment. It takes years for some of the production to come back, but until then even the slightest increase in demand can create a big imbalance. And that's a problem for stocks. If the prices of commodities keep going up not because of truly booming economy then those stocks are bound to suffer along with bonds. For years we've had the 60/40 portfolio which might have reached its limited. It seems like we are stuck between a rock and a hard place. On the one hand if bond yields keep rising then the interest rate differential will benefit the dollar, along with the panic of people needing a safe haven and the USD actually being the only one. In Feb 2020 we saw yields drop a lot (bonds up) and the USD initially dropped hard. The real panic and boom of the USD begun as yields went up while everything else was dropping. We are clearly seeing cracks in the market and overall the whole system is in a pretty bad place. We have no growth, we are locked inside, half of the businesses are destroyed, we are taking too much debt and the whole financial system is based on excess speculation that requires more and more QE, lower rates and support by governments and central banks. Not only that, but we are clearly seeing a lot of corruption and the Fed actually manipulating markets up or down based on what they want to do. So at this stage they might let everything dip and then react. Remember that they are reactive, not proactive. They will react to 'bad things' happening to the market, not try to prevent them (not that I believe they should do what they are doing). They have created a monster than will eventually implode, but for now it seems like the real losers will be those holding fiat currencies and bonds. At least this has been the case so far. Again if we look at Oil and Copper they look pretty strong. Copper could make new ATHs this year and i wouldn't be surprised if Oil hit 100$/barrel. That would be an awful drag to an economy that is trying to get back to its feet. So far Copper seems to have completed its correction and could move higher, while Oil is breaking above key resistance and could keep going. For bonds I see some support close to these levels, but the blow off top we had in March 2020 could easily be the highest they'll get for a really long time. Even if the Fed steps in, i can't see how helpful that will be for bonds, although it could be beneficial for stocks. Maybe the Fed getting in could force bond shorts to close and then stabilize. Gold needs yields to drop, but it looks pretty bad. These trends all across the board seem strong (Copper up, Oil up, Bonds down, Gold down). So at the moment I am pretty neutral and cautious. On the one hand I feel the correction as stocks are still above the 50 DMA and look OK, as well as the USD has hit key resistance with the move in bonds being quite stretched. On the other hand the correction has been fairly small, everyone is betting on reflation, the Fed seems ready to let things drop before it steps in. Oil could keep on pumping and the USD had a pretty strong close last week and seems to have plenty of space to run. So I'd want to see some extra strength in stocks and bonds, with weakness in the USD before I really feel like taking extra risk to the upside. Here it would potentially be the optimal place for risk on trades and if they go against you cut them. I don't think that going short stocks is the optimal trade here and wouldn't recommend in a bull market until we see them turn completely. If they are still above the 50 DMA there is no need to be bearish.
BITSTAMP:BTCUSD
by BitcoinMacro
1
DIXIE 50?!?(Check out my previous accurate calls on the dollar from the past year below these comments) Has anyone else noticed the massive bearish symmetrical triangle on the 3M DXY chart? Everyone believes the dollar will strengthen in the short term, but I think we have formed a head-and-shoulders pattern and are in for another significant leg lower! The 1.618 continuation on this decade-long bear market rally is almost exactly at 50 on the dot, and I believe we are heading there fast!
TVC:DXYShort
by UnknownUnicorn4195243
1
GDP is Collapsing!If you compare GDP to the amount of currency in existence, it has been falling for 2 decades! Remember, M2 is a fraction of the total money supply, therefore GDP has fallen by even more! Ironically, people fail to realize that Money Velocity, what they point to as causing "deflation", is a much better indicator of stagflation! It is likely that the exploding currency supply will begin to leak into goods and services rather than remain within the financial system! This will send GDP higher, which of course all the politicians will point to as proof of the success of their policies, but in reality this will simply means bigger bills for you at the grocery store!
FRED:GDPLong
by UnknownUnicorn4195243
1
Manipulation is Ending!As demand for physical gold and silver explode, the banksters' ability to keep prices artificially low are failing! Scotiabank ended it's 350-year role in the precious metals market and J.P. Morgan (the most infamous manipulator) is no longer net short after the bear trap in March 2020. The banks who do not terminate their short positions will suffer massive losses as gold and silver prices soar, just like A.I.G., Bear Sterns, The Lehman Brothers and Merill Lynch in 2008!
SLong
by UnknownUnicorn4195243
2
The Dollar is Going Down!The Federal Reserve is accomplishing its 108-year plan of the total destruction of the U.S. dollar! While there may be a correction coming, the Euro is clearly a safer currency than the U.S. dollar and will appreciate against it in the long term. The inter-bank lending market is completely communist at this point, the Federal Reserve is alleviating any semblance of a lack of dollars worldwide, and any remaining reasons to continue using the U.S. dollar as a world reserve currency are rapidly disappearing!
Long
by UnknownUnicorn4195243
1