Get started

Gold-stocks

Gold - I'll Keep it Simple for You in the Short TermThere is only ONE number that matters in gold: 1928. Look at how many times it held it! Recently it broke it and has closed below it several times. My simple trade: a daily close below the local while trendline as long as it closes below 1927, the 3:1 trade is on. I'll keep tight stops because of how volitile the market is and will likely remain for a few weeks. I really like the 1750 to get long for a long term hold after confirmation. Please feel free to check out my other ideas, I really want to help people understand the market the way that I do. I hope we profit TOGETHER! If you found this to be insightful or helpful, please show appreciation by hitting that like button. If you want more ideas I invite you to follow as well! I try to be here for all of my followers with any questions they might have. Feel free to shoot me a DM or comment below to start a conversation! DM me to get these charts and my ideas before anyone else!
OANDA:XAUUSD
by chartsareforships
HYPERINFLATION! VOLATILITY!AMERICAN EQUITIES ARE SO COMPLETELY OVERVALUED, THEIR SHARES NO LONGER REFLECT ANY SEMBLANCE OF ECONOMIC REALITY OR POTENTIAL PROFITABILITY! DESPITE THIS THEY MAY VERY WELL MAKE NEW ALL-TIME HIGHS, BUT ADJUSTED FOR INFLATION (THE ACTUAL RATE, OF COURSE), THEY WILL BE IMPLODING! THIS IS BECAUSE THE DOLLAR WILL FALL SO HARD, ALL PRICES WILL RISE! THE UNCERTAINTY OF THE ELECTION AND THE COMPLETELY VAPORIZED GLOBAL ECONOMY WILL OF COURSE CREATE A GREAT AMOUNT OF VOLATILITY IN ALL MARKETS! BUT OUTSIDE OF BONDS, ALL PRICES WILL INEVITABLY EXPLODE! THIS IS THE SCENARIO THAT MANY EXPERTS HAVE BEEN PREDICTING FOR DECADES! IF YOU DO NOT ALREADY HAVE FORMS OF PROTECTION, IT MAY ALREADY BE TOO LATE!
TVC:DJILong
by UnknownUnicorn4195243
2
KRRGF Karora Resources - We got this little gold mine company in Australia that keeps finding new pockets of high grade gold. At a time when the gold price is going higher. They had estimated 710,000 ounces before recent discoveries of what looks like another 700,000 ounces and they are not even 20% complete with the drilling the property. The chart reflects this information. I feel secure with the stock and the management and believe this is a $10 stock. I am not the only on the leading gold mining expert Eric Sprout just invested 26 million. I am buying more on dips.
KLong
by helpfulRider22963
1
The Most Important Level On GoldThe price of Gold has breached its historical maximum and went into an area where it has never been before. It is always hard to predict what the price will do in such a new area. What is easier to predict though, is what the price would do in an area where it already was before. In one of my previous articles I did an overall Gold analysis both from the Fundamental, and Technical point of view. In the article I said that the price could go into a sell-off. Now you can see that the price of Gold has started to turn. I am not saying that this is the start of the sell-off. It could be, but it is still too soon to tell. The most important level on Gold The most important level on Gold right now is in the 1974 support area. Why is it so important? Because massive volumes got traded there. You can tell by looking at the Volume Profile, for example on H1 chart, like I did on the picture below. I think that buyers were adding to their long positions there – in this whole heavy volume area. And that they placed most of their positions at 1974 – that’s the place where the Volume Profile is the thickest. Will it hold? It is really important how the price will react to this zone. If the 1974 holds, then the price of Gold will most likely bounce off it and continue moving upwards. If the 1974 level gets breached, and the price shoots past it, then this zone will turn from a support to a resistance. This would mean a strong confirmation, that the sell-off on Gold has started How would the sell-off look like? When the big guys are no longer interested in buying for high prices, then the price tends to drop fast. The volatility usually rises and it is many times higher than usual. So, when a price breaks you can expect a rapid drop. No pullbacks, no rotation – just a fast drop. Have you heard the saying “never catch a falling knife“. A sell-off is the situation where it applies to best. I hope you guys liked today’s analysis. Let me know what you think in the comments below! Happy trading, -Dale
TVC:GOLD
by Trader_Dale
6