Goldstocks
Bearish Divergence for GBR?GBR has created lower highs on the RSI since Oct 2018 but the price has continued higher until the blow-off top in late June 2020.
The RSI looks like it's trading in a Descending Channel.
The KST has seen multiple bearish crosses since Dec 2018 and continued lowers highs indicating momentum is fading.
Noticeably the price has broken flush to the downside of a bearish pennant unless it's a fake-out.
GOLD Resistance Area Testing (Bearish Move)Here in Gold, i am considering it still bearish to hit 1825 once more. The Bearish is possible this time and further i am considering the area 1780 t to be hit up. As see over HTF the gold has stopped it bullish pattern and is falling fastly rather then flying, so here it will keep its moves in 1700-1900 over months. For now focus is on its falling & if it break its resistance then we have to go on buying in 1900 level.
I HOPE YOU LIKE THIS GOLD IDEA.
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Gold 3000$This is a simple and basic long term projection for Gold. Gold can be slow but can rush when economy starts to fail.
USD will fail, so it's just matter of time to reach higher zones..
TP1 - 2500$
TP2 - 3000$
Happy Tr4Ding !
Gold - buy zonePreconditions:
- key level
- predictable risk
- global trend up
- local trend up
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
B2 Gold Corp stock LONG!BTG is a great gold mining company with lately surprising earnings, etc. Amazing company as we head on to the future. $10 price target by sometime next year. If we get a gold halidays rally then BTG will definitely take off quicker than expected. Patience ;)
GOLD NEXT MOVEOnly the Main reasons of current Last Three Weeks of Bullish Momentum of Gold Because Fed kept the rate unchanged and announced that they will keep the previous plan and as an result DIX engaged the meltdown with evident Daily Bearish Gap fill which added significant Buying pressure on Gold and Stimulus announcements are making Gold gradually testing the 1900.30 psychological barrier.
Gold has more chances of breaking the 1910.0 Resistance and 1930.00. I remain fully Bullish on the Medium-term, and I expect 1910.00 break within #3 sessions. As I can see, Daily Bullish Price-action confronted Buyers head on today, as I am confident that current configuration will last. Influenced by strong decline on DIX mostly, Daily action pressed Gold as far upwards.
I will keep Buying Gold , as I have my Buys ready for the 1910.0 0 test, and will add more Buy orders if Price-action dips, since Gold is on undisputed Bullish trend and this week it will be 1870- 1910 zone it will adopt and alot of pips we will took down with Scalpings ,AS you guys seen our performance we got 700 pips straight on GOLD .All the Entries Should Be applied if all the rules of entries are applied
Dm OR Comment us for Guidence.
GOLD Bearish patter under the current TrendHere in GOLD, we have the strong resistance, Trend Resistance & the H&S pattern due to which i consider next Strong Bearish move until the 2nd last support line. All the areas are mention of buying & selling, were as the level approx @1840 is considering from where it can fall with putting small sl. In case of breakout & it fly above that strong resistance then go on follow the BUY Arrow. Both BUY & SELL are possible but focusing on SELL for now due to current situation.
Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU!
P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
Make or break time for GOLDSerious bear strength since August. Drive up at 9th November got seriously rejected from the previous bull channel and found the lows of the bear channel created.
We have found ourselves bouncing comfortably between top and low range of bear channels however the 1764 bottom has proven a great rebound for a bull attempt. Bulls pushed past the 50% marker on the bear trend at 1850 levels and now wants to test for upper orange bands. This will be a hard one to break but if it does bulls can test the upper purple range at 1920.
Rejection here is possible and would confirm a bear leg to hunt for lows or at least a lower support. Playing between the bands is necessary, trade with caution. This is not a good time to enter a trade. Wait to confirm of a break and hold above the orange band for new recent high or wait for a reject out of the recent red bull band. The red band is powerful and could well take GOLD back to new highs, but if it is broken the longer term bear channels will suck it back down.
Adjust accordingly, watch smaller time frames to ump in and out between band lines for safe trades. Don't bet on break or reject, play safe between the lines. Easy pips to be caught.
AX.NST Northern Star ResourcesHey investors
Setup in the GDX and GLD at the moment is begging for gold miners to revert back into an upward cycle
Technically we have enough waves down to consider the formation complete and divergence is coming through stronger as the days pass
NST is one of those stocks. ASX listed
All the best. Please hit like and support the ASX listed traders on TradingView
Regards,
Limitlesss
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GOLD Last Moves (focusing towards bearish)Here in Gold, we have seen its keep on falling & face some fake designs. Well due to Corona Vaccine & after the US election, the GOLD has move potentially high falling towards support. So, i'm focusing towards the lower support and considering it as the gold next target to hit over there. So, for this i've clearly shown all the buy & sell levels but main idea is to focus on bearish.
I HOPE THIS ANALYSIS GIVE YOU A BETTER IDEA.
HOPE THE BEST FOR THE NEXT.
Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU!
P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
Bull Flag for GBR?In blue it appears as though GBR is trading in a bullish flag, but looking at the RSI there's a noticeable bearish divergence, meaning, the price continues to rise but the RSI is declining.
On the KST there's been a bearish cross where I have the blue finger icon pointing down.
GOLD NEXT POSSIBLE MOVEAfter a huge accumulation in this area 1880-1920 the price has reached a very important area . I expect a rather ranged session today, unless Wall Street opens with positive Stock markets gap which will add Bearish pressure on Gold . I remain Bearish on Short-term with Stock markets chart as my main point of interest. I am sure in Selling outlook but without Medium-term opening still under lot’s of doubts, the best way to trade Gold is to wait for either breakout or breakdown. And, due to US elections we need to be extra careful in dealing with gold .Decent decline on late U.S. session yesterday as I’ve expected the Selling sequence. It was textbook Selling opening, but with the Stimulus speculations still visible on the news, Gold could be a Bull option and invalidate Technical proper trend.Daily and Weekly chart turned Bearish and keep in mind that as discussed throughout this week, the trend is Bearish most likely because the Daily chart and since Stock markets should pull back as next week approaches and counterbalances the decline on DX , keeping Gold on equilibrium until one of the two reverses. Personally, I give more probabilities to the decline from this point. Bottom line, best option at the moment is to Trade the breakout if MA50 on Daily chart breaks, Gold will be calling for #1,950.00 contact point. If however 1,889.00 breaks, I will use that as an Selling opportunity towards #1,870.00 extension.
ALL THE ENTRIES SHOULD BE APPLIED IF ALL RULES OF ENTIRES ARE APPLIED
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Bullish Flag or Descending Channel? OSU is trading in a bullish flag outlined in blue, and the red downward sloping line is potentially forming a descending channel.
On the RSI there is a similar bullish flag or descending triangle as to the price.
The KST is in an area where we have seen previous bullish crosses, see blue finger icon for examples.
a buying opportunity on GC1! , signal buy gold very important opportunity to buy gold because we have squeezed sellers with high volume plus we have a breakout of the VWAP indicator with effective volume this means that buyers have entered the market
signal buy , if we break the line of 1899.5 we have 100% probability of cashing our profits in TP
GOLD NEXT MOVE
Personally - it shouldn’t be a big surprise that Gold is under strong Selling pressure (Selling swing on every local High) as DX is extending the recovery, Stock markets are near Resistance (which should be Bullish for Gold - adding Buying pressure), while Bond notes are on a Bullish gradient - all correlating assets showing Neutral values on Gold . Regarding Technical developments - I see no space for further Selling and can’t speculate until when these Swings will last - but Gold will, as always follow the cycles and main pointer of a possible Bullish leg is RSI (was near March levels) and much needed Daily chart #MA50 test. It is not wise move to engage a position before the Non-Farm Payrolls, but my analysis always takes in consideration such events and whatever the outcome will be, I placed myself on Medium-term calling for #1,930.80 extension as an Ultimate Top. Statistically, when Gold tests the Resistance #3 times and gets rejected - #4 try is usually most successful one. I expect aggressive rise towards my Target within #2 session. If #1,930.80 gets broken, my estimations show even #1,949.80. The Price-action was under Buying pressure on yesterday’s session and got higher on each Hourly 4 candle but on a slow pace which may be an indicator that the Short-term Buying is almost over/signs of exhaustion. However, I need to see the Hourly 4 #MA200 broken and close the market above it to confirm a Bullish continuation. Like I discussed yesterday with the Daily chart Neutral, I believe Gold is well Supported within #1,880.80 (my Stop-loss). Still, I won’t take risks below that zone as Friday is packed with macro-economic reports which may add the Volatility index and pause the Bullish reversal. I would suggest Traders with smaller margin to sit out today's session. Today's outlook is tricky, but consisting one final push towards #1,930.80. However, if I see a trend change, I won't hesitate to close my Buys on breakeven.
Gold $2150 - $2250 Near TermProposed Wave 5 will take price to 2150 to 2250 above previous highs into the end of 2020
Newmont Corporation (NEM) Bearish DivergenceA Reaction low formed after testing the Upper Bollinger Band and the (Resistance area of 19 September 2011) ,We then seen a Test of Support (Middle of Bollinger Band) and (Previous Local Resistance), found support there and
moved up to test the Upper Bollinger Band, exceeding the previous high but Rejecting the test of the upper Bollinger Band (Also being The High from 07 November 2011) causing a reaction low to find and test a (New Low)
GGI.V -- Oversold and forgotten high grade Nickel and Gold PlayGGI has hit some rough patches recently but the macro looks very favourable with lots of attention on ethical Nickel, thanks to Tesla Battery Day. The Nickel Mountain Deposit hosts some of the highest grade Nickel on the planet. The head geologist Dr. Peter Lightfoot is one of the top Nickel experts in the world with many mining textbooks to his name. Billionaire Eric Sprott holds 20% of the float.
Few know this but GGI also plans on drilling their high grade Gold property Casper where they reported a discovery early this year.
The stock has not seen a lot of love despite the project getting de-risked and the deposit extended. A death of the helicopter pilot near the site added to the negative sentiment.
GGI is now deeply oversold with strong historical and Fibonacci support at .50. Approaching a 52 week low set during the March market crash. I like the risk/reward at current levels. I am being told that the company is setting up for a marketing push shortly.
GOLD NEXT POSSIBLE MOVEGOLD(XAUUSD)
All the entries should be applied if all the rules are applied.
only idea
FVL.TO -- Oversold despite good drilling results; Likely bounceFVL.TO reported good but not spectacular stepout results and was the target of a short attack. Oversold on the Daily. Very good chance of a bounce. The company is cashed up and continues drilling. Has previously reported spectacular gold intercepts which set unrealistic expectations for some investors, it seems, not understanding what step outs are designed for. Billionaire Eric Sprott is heavily invested in this one. Favourable macro with Gold gaining ground in recent days.
Gold - descending triangleHi all traders,
Im currently viewing gold as a possible descending triangle.
If the support is broken, we should see further downside of gold.
Any break of the trend line will only signal a possibility of a range bound gold first. I wouldn't assume the break of trend line would be the bulls taking over and making higher highs.
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**Disclaimer: all trade ideas are of my own personal views.**
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