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M-pattern

GOLD (XAUUSD) - more upside probable. This is an update on the daily time frame for gold. Things have changed. I see some sort of continuation pattern developing creating probability for the upside. Note carefully my disclaimer below. For every probability estimate in one direction there is always a residual probability for the opposite direction (- this is why we have stop-losses which must always be affordable). For the record - and just in case - I never predicted that Gold was gonna crash. This doesn't mean it can't crash. What I said on a previous occasion was that 'Gold could be in trouble' and yes it could still be in trouble even if it punches north. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, or miss opportunity, kindly sue yourself.
FX_IDC:XAUUSD
by Captain_Walker
3
NZDCAD potential bearish reversalon WEEKLY: price is trading around a strong support/resistance zone in red so we will be looking for objective sell setups on lower timeframes. Keeping in mind that price can still go up to test our brown trendline to get more liquidity to be able to push downward. on M30: we are waiting for an objective below our lower orange trendline last swing standing to sell. or waiting for the right shoulder to form and then enter on the head and shoulders neckline break downward.
Short
by TheSignalyst
1
SLV Long Bull flag on monthly chart Monthly Chart shows a very nice Bull Flag for SLV A long stock play can be done if I want to hang onto the stocks for a few months. The length of the flag pole shows about a $3.5 move, so an option about half way up that move with the expiration of March would also work. In fact. I'm looking at the decently16 s priced strike that expires on March 31 2020 a Debit spread can also be done if i also sell the 17 strike on the same expiration That would make the cost of the spread at the current market price $21 with a profit potential of $79
AMEX:SLVLong
by choochoohiggins
2