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Goldrush

Gold will lose its shine at $2,029 areaGold rush! everyone is buying gold and in the past 5 days OANDA:XAUUSD prices were forming a compression. It created an impression that the price may go up even higher once passed $2,000 mark. Don't get tricked, we are a trader, we look for a better price and minimise our risks. Here is my trade opinion : Sell Limit at $2,029 Stop Loss at $2,082 Take Profit at $1,814 Risk Reward Ratio = 4.1R Disclaimer : The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot sizing according to your appetite. If you are benefiting from my trade opinion, please buy me coffee . As always, move your SL when you are in the profit zone.
OANDA:XAUUSDShort
by machintose
3
Ascending Triangle breakout for ORSU?Orsu metals released some interesting & pretty impressive drilling results on multiple holes in Russia, indicating they've "struck gold," for lack of a better expression. I'm not great at reading drilling results from Gold mining companies, but I can read the charts fairly well, and apparently the market likes the results, so far. An ascending triangle is a chart pattern used in technical analysis, It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns. The breakout can occur to the upside or downside. Ascending triangles are often called continuation patterns since the price will typically breakout in the same direction as the trend that was in place just prior to the triangle forming.
OLong
by ScotianBot
SEISMIC: Solid Gold becomes easily electronically transferable. Yes - of course some will know about credit transfers of solid Gold. But the latest stuff is bigger! Some very clever people have found a way to transfer solid gold in more than just 'credit', by very robust electronic means. In other words wherever you are in the world you can ask for your solid gold and it will be sent to your hands! Ain't that crazy!? You can now buy stuff and pay in real Gold, using plastic! Ok so that part is like credit but it isn't. No longer is that totally linked to the US-Dollar value. So this is just like cryptocurrencies - but slightly better. In other words private individuals and some corporations are re-creating the 'Gold Standard' independently of governments and central banks. What does that mean? It means that the 'big boys' with the smart money have been ahead of the race. They spotted some time ago, to their minds that the US financial situation - which has been labelled as bankrupt (not by me), with an unprecedented Debt to GDP ratio of 105.4, and a total debt of $16 Trillion - is frankly dangerous. People have become drunk on credit. Personal credit allowances are all adding up into one massive tsunami - which nobody is really looking at.(Well except the big boys of course). Gold is has been connected to the US Dollar as we know it today. However, strangely currencies are no longer backed by Gold (since the 1970s). This has allowed the widespread printing of national currencies backed by thin air - and confidence in trade agreements etc. On top of all that, interest rates had been held near to zero in the USA for the last 10 years, and that's why there is such tension about The Federal Reserve (which is factually a bunch of private bankers), deciding to raise interest rates. They know a bubble has been created. In other words, the crisis of 2008 was not solved at all. It was papered over and made worse. Yes - it's taking time to pop. Sometimes real bubbles made of soapy water will touch a surface several times and not pop. But when they pop and when Ponzi schemes crash, it happens in the blink of an eye. If/when the financial bubble pops Gold will rule again. But it will be too late for the average investor to get on board. I'm not saying that everybody should rush out and buy Gold. What I'm saying is that sensible investors and traders need to get prepared now. In fact 'now' is a bit too late.
FX_IDC:XAUUSDEducation
by Captain_Walker
2
Gold - We're in for a Gold "crypto rush" - Goldrush 2.0Log view, we're sitting nicely on 0.236 Gold won't break down below this triangle if not oil breaks down... Currently there is no way to change the vehicle fuel to electric, it will take 5-10ys of development. Trucks haven't even made that shift yet. (Tesla/Volvo not there yet) Gold currently costs more and more to mine with a absolute breakeven at 1100, a more just estimate would be 1150 and growing with rising oil prices + physical demand + scarcity. Conclusion --> this could lead to gold rush 2.0 (if u think prices can't move much above mining cost for 1 oz... then think about Bitcoin trading at 16k costing 1.5k usd to mine with the best equipment... This would put gold at 13k so don't bring up that crap) TRUMP will be able to secure the US future by driving up the Gold prices to pay of national debt and regain control with Dollar as the world currency. This is not a farfetched theory. We can either have a new world currency --> crash horrible situation on earth, wars before that happens... or Anarchy cryptos --> blood war and suffering before their utopia will be achieved by the banks capitalisation... or pragmatic deflationary cryptos like Ripple --> slow increase of the populations power compared to the banking cartell .... or higher gold prices --> a fair spread out of power of the world regions USA,Europe,Asia deflationary non anarchy crypto + gold backing or just as a reserve investing option could once again slowly assure the power given back to the people in regaining control from the evil satanic twats in control of wealth and everything that happens pretty much the way it does and has been on earth. It's your choice which future you choose to invest in. I would recommend one that causes as little people killed or harmed as possible
OANDA:XAUUSD
by thefreedommatrix
Gold rush could be coming soon. The markets are expected by me to go wild over the next few days/weeks. Expectation is not prediction in my philosophy. . There is likely to be even greater uncertainty about the economies of the world. When there is deep uncertainty, people reach for tangible ways of protecting their store. There is considerable risk that the global Ponzi scheme may come tumbling down. As I do not predict, I cannot say when. These a troubled times. I expect Gold to rise considerably. DISCLAIMER: The information provided herein is opinion only. Under no circumstances do any statements here represent a recommendation to buy or sell securities or make any kind of investment. You are responsible for your own due diligence. To summarise, I do not provide investment advice, nor do I make any claims or promises that any information here will lead to a profit, loss, or any other result.
FX:XAUUSDLong
by Captain_Walker
GOLD - Quantative easing has failed - Time to buy!Janet Yellen, you are a total fool. Mario the ECB is a joke. Camoron? Enough said..... QE has failed. Fear is back to stay. GBP is down in the basement and not coming out for some time. There is only one place to be right now. That is, if you want to profit. Tired of getting margin calls? Liquidity issues? Lack of results? Consistentcy? www.STBinary.com - The street you need to be on if you want to make it in this new world market #Solongfarewellnoneedtosaygoodbye
FX:XAUUSDLong
by STBinary