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Metal

SILVER, Confirmed H&S-Formation, Looking For Targets To Reach!Hello Traders Investors And Community, Welcome to this analysis where we are looking at SILVER 1-hour timeframe perspective, where I detected some worthwhile signs recently important for the confirmation and next steps in the structure to be expected. As mentioned already SILVER will increase bearishness as it established sudden breakdowns where usually more downside follows up within this case I found the important levels and scenario we should consider now. Looking at my chart you can watch there that SILVER just broke below the neckline of its huge head and shoulder top formation and pulled back to move on with bearishness, this is just a really good confirmational setup with a very high possibility to continue. Furthermore, you can see that SILVER has the 100-EMA as resistance above and it shows up like SILVER is building a smaller head and shoulder formation here again where the neckline is marked in grey, these factors adding to the bearish environment which will continue further after a bounce of the 100-EMA and pull-back below the neckline of the smaller head and shoulder formation. This head and shoulder confirmation just activated the downside targets SILVER will now reach, these are marked in my chart at the 24.7 level in black where also the 800-EMA in red lies, when SILVER has reached these downside targets it has to be elevated if more downside is ahead or stabilization in this level can occur. This setup is actually confirming the established bearishness SILVER has also on the higher timeframe perspectives where bigger pull-back scenarios aren't fully out of sight now, these factors making a bearish continuation overall more possible and new highs aren't highly possible to be reached within the smaller to middle timeframe schedules. In this manner, thank you for watching, support for more market insight, all the best! "If you have the conditions, you get the results." Information provided is only educational and should not be used to take action in the markets.
TVC:SILVER
by VincePrince
10
PLATINUM, Moving In Solid Trend, Potential To Continue Further! Hello, Traders Investors And Community, welcome to this analysis about the current structure and price-action we have in platinum, there are some interesting and significant signs which I determined and which will affect the price-action further. Platinum is still moving in a steady uptrend since we had the bear-trap and bottom building at 560 we saw some good volatility and percentual price-jumps. Let's have a look at the locally 4-hour timeframe and see how we can continue with platinum. When looking at my chart you can see that platinum currently trades at the important resistance at 855 which you can see marked in my chart with the grey level, this is a resistance-level which platinum has to build in the past price-swings and is actually a strong resistance which shouldn't be ignored therefore we can expect minimum a pull-back to lower levels here and providing excellent correction for new entry-points. In considering the pull-back we can expect the meaningful support-level between 780 and 800 to hold not only do we have there a strong past resistance level which is now support but also it is supported by the 100 DEMA and 200 DEMA which building together with the support a logical and coherent confluence-cluster here which will highly likely be respected as such and provide a decent bounce when touched in that level. Overall we can say that platinum is in still in a strong uptrend level here which did not already confirm to the downside or shows any serious reversal signs which will shift the overall price-structure to the downside, the correction awaited is completely natural and will highly likely show that the price continues to the upside and reach the target which you can see in my chart. Remember that we need to confirm the support with a clear break of the current resistance level this will initiate the strengthening of further growth. Thanks for watching everybody, support for more market insight, and have a good day! ;) Science is organized knowledge. Wisdom is organized life. In this manner: FAREWELL Information provided is only educational and should not be used to take action in the markets.
TVC:PLATINUM
by VincePrince
3
GOLD - Is History Repeating Itself ⁉️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. After rejecting the 2080 resistance, GOLD has been overall bearish trading inside the falling channel in red and it is currently retesting the upper bound / trendline. Moreover, the zone 1980 is a strong resistance. 🏹 So the highlighted red circle is a strong area to look for sell setups as it is the intersection of the blue resistance and upper blue trendline acting as a non-horizontal resistance. As per my trading style: As GOLD approaches the "3" zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) For the bulls to kick in and invalidate the bearish scenario, we need a break above the blue resistance. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
OANDA:XAUUSD
by TheSignalyst
2
GOLD - One More Correction ?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis, we were waiting for GOLD to approach the 1935 support to look for buy setups. 🏹 The 1935 is a strong rejection zone because it is the intersection of the blue support and lower red trendline. 📈 For the bulls to take over and start the bullish correction, we need a break above the last major high in gray. In this case, a movement till the upper red trendline would be expected. Meanwhile , until the buy is activated, GOLD would be overall bearish and can still trade lower and even break the blue support downward. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
OANDA:XAUUSD
by TheSignalyst
2
GOLD - Strong Support Ahead 💪Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. GOLD has been overall bearish trading inside the falling broadening wedge in red, and it is currently approaching the lower trendline. Moreover, the 1935 level is a strong support. 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue demand and lower blue trendline. As per my trading style: As GOLD is sitting around the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
OANDA:XAUUSDLong
by TheSignalyst
2
XAUUSD (GOLD)Hi traders, Gold at the range between support and resistance , now testing resistance if can’t break the resistance can drop to support and break the support after breaking the support it’s work as resistance price getting test to resistance and drop again to next support zone , but if can break resistance can rise more to next resistance and will reject from here and drop to support zones , we need confirmation if opened 4H candle bellow the resistance we can entry short but if can break and open 4H candle above resistance can rise to next resistance and we entry to long .
OANDA:XAUUSD
by Alartush
Get to the copper! 🐻🚁The industrial metals market often goes unnoticed by many traders, although some excellent trading opportunities are often to be found here. And with that, we say, "Get to the copper!" For things should get moving here quite soon. The completion of wave (ii) in magenta should be imminent here, the copper price should therefore initiate a bearish trend reversal in our target zone (highlighted in blue) and then indulge in extended sell-offs. Thus, depositing short positions between $3.89 and 3.96 should present an excellent opportunity to profit from the lift-off of the bearish chopper - which is, of course, headed south. We anticipate a significant sell-off before wave (iii) in magenta will at some later point be completed, at which point the bulls are expected to report back.
COMEX:HG1!Short
by MarketIntel
GC Bearish flag... again!must be pirates doing all the trading.. so may flaggies.. heres another one.. hopefully those pesky pirates will drop the poley woley.. should hopefully end up where the bars pattern (pink fake bars) end 1898.98 (i know .. lots of 9's and 8's.. it is what it is trollops! :p) .. hopefully another fun trip down south.. if these pesky pirates keep travelling south theyre gonna end up in australia having sold all their gold! .. silly billies! dont trade if youre rubbish at self control and money management.. not really a good idea.. is it? nope.. it is most definitely not ;)
TVC:GOLDShort
by rodnaaaaay
GOLD is still Strong 🥇Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Gold has been overall bullish trading inside the rising channel in red and it is currently retesting the lower red trendline. Moreover, the orange zone is a previous major high turned into a potential support. 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the orange support and red brown trendline. (acting as non-horizontal support) As per my trading style: As GOLD is sitting around the lower the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) UNLESS the lower red trendline is broken downward, then the bears would take over for a deeper correction. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
OANDA:XAUUSD
by TheSignalyst
6