Metal
Silver: Perfect Hit! 💯💯💯The silver price hit the target of the countermovement at $24.54 perfectly. Now, in order to also continue this perfect movement, it needs to fall. Overall, the price should approach areas below $18.82. Another increase has a probability of 35% and would need the silver price to surge past $24.94 to realize.
Happy weekend!
XAGUSD Target Price 24.12370XAGUSD. Entry at 23.64050. Trade idea is Pin Bar Trade Strategy. Strategy consists of Pin Bar, EMA 10, EMA 20, and Horizontal Support Resistance.
Copper (MCX) Short Term ReversalThe commodity has reached upper trendline and may undergo a correction within range. Trade is supported by resistance Nearby.
Risk Reward Ratio - 2:1
SL is placed above resistance zone & the upper trendline. The target is placed near swing low.
XAUUSD BUY / CARTER PROXau USD
Gold 15M Tokyo Session Scalp Mission.
Touchdown to expect to LDN Arrive
GOLD sell confirmationVery clearly on the Weekly time frame, the Gold price is already below the cloud Ichimoku Kinko Hyo (Red), below the Supply Zone and this all indicates a strong decline, coupled with the RSI indicator which shows a decline as well. And my estimate Gold will continue to decline in the medium to long term.
Gold: Bearrrrrr!Where them bears @? We are still waiting for them to pull the course down under $1750. Overall the gold price should fall under $1673.
C'mon bears!
Silver: Landing! 🪂🪂🪂The bearish trend continues for the silver price. As long as the price remains below $24.94, we expect it to decline further. In total, the silver price should fall below $20.54.
Be patient!
Silver is approaching 50% and maybe 61.8% retracment!Not need to make it complicated, just place your BUY on those levels..
IT WILL EXPLODE SOON, make sure you are on the train..
Silver: Bearish! 😲 😲 😲For the silver price, the bearish scenario is continuing, and we are expecting the price to fall under $21.81. However, there is a small chance of 20% that the course comes back and increases above $26.09.
Short, short!
XAUUSDOption 1: As we have visited the buy zone numerous times if it fails we could see a break to the downside.
Option 1: target: We have seen a large buy order come in from institutions so we could move down to hit target
Option 2: Possible head and shoulders setup with a double bottom signalling an up push from the right shoulder.
Uranium LongUranium indications are bullish and signalling a strong reversal from a long-term downtrend.
Gold: Bulls Out! 🤠🤠🤠The bulls were not able to push the gold price above $1837. Hence, we have adapted our expectations and now foresee the price to fall under $1673.
Happy weekend!
I Will Upgrade To Frosted Rose Gold Now ...If BTC stabilize at 50k for the next 2 days, i will buy at 0.17 to upgrade from Jade Green to Frosted Rose Gold.
XAGUSD 2021/08/30 Trade Idea Completed.XAGUSD. Close Your Trades and Take Profit. Here is a quick recap. After formed a double bottom and closed above the neckline, I waited for a pin bar or rejection candlestick to form. Two formed after the initial breakout. The second candlestick pin bar was both a pin bar and engulfing candlestick. So, I had bullish factors for this trade idea. The bullish confluence factors were double bottom, EMA 10 above EMA 20, higher lows, and initial bullish breakout candle stick engulfs previous candles. The breakout candle is huge. The breakout candle high and close price were close together. The upper wick is extremely small for this bullish break out candle.
Gold: It’s Time! 🕰️🕰️🕰️We are waiting for the gold price to rise to levels around $1867. This is the goal for the current movement. After that, we expect the gold price to fall below $1673 in the mid-run.
Let’s trade and see!
Silver decline done yet?too early to tell if silver is done declining, but there are optimistic signs. Volume and indicators are turning positive. DXY dollar saw some selling. Gold and Oil have been strong this week.
Newmont: Game Time! 💰💰💰The Newmont stock has reached an important mark within the chart, and we are waiting for the stock to turn around. If we stay above $54.18, we continue to expect the price to crush through the resistance at $75.31 and proceed to tackle prices above $90. However, a 45% chance of falling below $54.18 remains, which would lead to further declines.
Go Bulls, Go!
PALLADIUM - Wait For It!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Palladium is approaching around a support zone in green so we will be looking for buy setups.
on H4: Palladium formed a valid trendline in orange but it is not ready to go yet.
Before we buy, we want the buyers to prove that they are taking over again.
Trigger => Waiting for a momentum candle close above the last swing high in gray to buy.
Meanwhile, until the buy is activated, Palladium would be overall bearish can still trade lower till 2500 before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Metal MTLUSD - Bull flag +2000% gains!- Metal MTL Rank #184, Volume 24h $327,375,718.
- On the chart we can see a bullish flag, which is currently breaking out!
- New All Time Highs very soon.
- Target is 1:1 fib extension, RSI is prepared for the next pump.
- we had 3 years of consolidation in the rectangle / head and shoulders pattern.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
Copper Rises to Resistance as Supply-Side Issues Heat UpCopper prices are seeing some upside movement as supply-side issues intensify. Codelco's Andina mine in Chile saw workers go on strike after mediation talks fell through. This adds to labor tensions in the major copper-exporting country, with workers at BHP Group's Escondida mine still negotiating a new contract as a possible walk-off looms. Meanwhile, workers at a JX Nippon Mining & Metals owned mine, also in Chile, went on strike this week.
Prices are now at a descending trendline formed off the July swing high after rising off the 61.8% Fibonacci retracement. Moreover, the 50-day Simple Moving Average (SMA) looks to be providing a degree of confluent resistance. Breaking above the trendline may open the door for an extension higher.
GOLD will consolidate first before rising againIn some time, Gold will consolidate first, touch at 1754-1755, and after that it will go higher. Targeted profit at the price of 2065 (1.618 Fib Extension).
Note: Please keep in mind that no one guarantees the analysis will be 100% as expected. It all comes back to your own analysis, money management and risk management.
XAUUSDPattern: Trends
Confirmation: Rising trend being squeezed into a limited price range.
Entry: Waiting for to see if we have a rejection candle from the trend line, potential break and re test strategy or lastly working with the power of buyers vs sellers by monitoring volume. currently will enter a buy if we receive a rejection indication here failing that will enter a sell if we break and have a good re test of structure.
Fundamentals: Strong finish last week to DXY causing a big fall in gold, look to see if the dollar continues its strength a lot based on employment reports.
