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GOLD: 2019 WoWHi Guys, GOLD entered 2019 bullish driven by the fall in stock markets. It was supported in week1 and week3 before continuing for higher highs. In week7 Gold made a top at 1346. The pullback was supported in week9 at same level of week1 and week3. SMAs support the uptrend and now Gold is squeezed between the two SMAs. AToW IMHO Gold maybe set for a run above 1310 in week11 but unfortunately I am not a fortune-teller and need to wait to follow. On the other hand, if supportive trendline is breached Gold may lose support at 1278 and fall. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
GOLD: Week10 update2Hi Guys, if you drag backwards the above chart you will find LS in week4. LS (left shoulder) week4 H (head) week7 RS (right shoulder) week10 IMPORTANT: RS was the idea, opportunities were along the way. At 1310 Gold will start facing resistance. Be carefull. For a complete picture please refer to my post dated March 10 in the related ideas linked below (GOLD: week10 H4) Next step: wait and see if the H&S will complete and how. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
GOLD: week10 update1Hi Guys, on Monday morning Gold retrieved from Friday's hights along with sentiment as shown in RSI to find support on the 100SMA at approx 1290 in the afternoon. Retail Sales were up today but faild to uplift DXY above 97.40 turning short term sentiment for US dollar into bearish (positive for Gold). AToW Gold is still supported by the 100SMA even if sentiment is below 50RSI. Today's move retraced approx 0.618 of last Friday's move (A to B). The bounce on the 100SMA may be the start of the 3rd wave going into forming the second shoulder of the potential H&S into or just above the 250SMA coming down. (For the potential H&S pattern please refer to my posts in the related ideas linked below). However, if 100SMA is breached next step would be 1285 and H&S just a mirage. Be carefull. At midnight Fed Chair Powell speaks. Tomorrow CPI datas but mainly UK Parliament vote on Brexit deal. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
GOLD: week10Hi Guys, this is a follow up of the idea I posted on March 3, before week9. See the H&S pattern taking shape? The yellow metal seems to have found support at same level as in week3 but below the 156SMA and most important below 1.300. Week10 will provide interisting opportunities as it unfolds therefore I would not rush in on Monday morning but let the price make the first move before pulling the trigger. Repeat 1.300 is very important and I would expect volatility to increase at this level. Time is of essence if you are looking for the perfect moment. Try to imagine this: price starts week10 going for an high. It reaches the 156SMA (blue) and on Wed (mid-week10) makes a bull trap below 1.320 on the blue SMA to complete the right shoulder and crosses again the 1.300 to dive into week11 towards 1.280. Wouldn't it be nice? Lol of course it would but for the time being it's just my imagination and I am not a fortune-teller. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
GOLD: week10Hi Guys, GOLD could range below 1300 all week10. On Monday morning before 9 o'clock price could break above 1300 level but if pushed back below by 250SMA at opening price will form a bull trap that would look for support on the 100SMA. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
GOLD: Week9 Update (2)Hi Guys, EUR/USD and DXY unfolded their moves. See posts in the related links below. Gold pushing on 1282/81. Will it break or will it bounce? Thank you for your support and for sharing your ideas. Don't forget to like if you like the post and to follow if you want to receive notifications on new or updated ideas. Respect, Be Carefull and Enjoy:) Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
GOLD: week 9 kick offHi Guys, following last Friday's big move, let's see how week 9 commence before adventuring into the jungle of intraday/intraweek noise. Last week price closed below 1300 and momentum may drive price lower than 1290 early on Monday. In this case support at 1276. However price could also travel inside the black box at least until mid-week before deciding which way to go. As I said in my previous post I am not trading the bounce, nor the continuation of the fall. The move to trade on Gold was last Friday and now it's just time to wait and see before thinking about the next trade. Thank you for your support and for sharing your ideas. Enjoy:) Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
GOLD: preparing for week 9Hi Guys, before we start, in order to understand the bold red line crossing this chart, please click & play the following structure: Yes! Price dived right into the upper bold red line of the structure where it seems to have stopped now. As you can see A ends the Bull Run commenced on Aug 16, 2018 before diving right into the upper bold red line of the structure. The two SMAs cross exactly at 15:00 of last Thursday when price made the "cone up" in the circle. ABCD may be a completed Zig-Zag and price may be entering a complex correction period running between D and C with multiple crossings of the two SMAs for weeks. On the other hand it may also keep fallin' well below D depending on external market factors. TO NOTE that price is just below 1.300 which represents an important psicological level. However, in view of all the above I am not trading the bounce, nor the continuation of the fall. The move to trade on Gold was last Friday and now it's just time to wait and see before thinking about the next trade. Thank you for your support and for sharing your ideas. Enjoy:) Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
GOLD: Week 8 endingHi Guys, following my previous post which I strongly reccomend to click & play in order to watch the move unfold and especially to see how price tend to cut you out if you don't get the right timing. Price moved between the two SMAs for the last time on Wednesday before coming down pushed by the 103 yesterday. Data reports and news helped Gold exit those boundries and break supports to unfold the move towards 1303, which is a strong support area for the uptrend commenced on Aug 16. A nice time for positioning was yesterday past 15:00 when price was still above the 451SMA with stop just above the pushing 103SMA. It was still a risk but limited and with bearish momentum building up the risk rewards was in our favour. Thank you for your support and for sharing your ideas. Enjoy:) Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
GOLD: follow up week Feb 25thHi Guys, I've adjusted the periods of the SMAs by adding 50 to both. Price crossed the blue horizontal line and is encountering various supportive elements from a technical point of view. If it crosses back the blue horizontal line in the next 2 to 4 candlesticks I will set up short-term trades targetting the red line when it crosses the 103SMA. If it does not cross back the blue horizontal line within the next 2 to 4 hours I would set up short entries below the 451SMA targetting the green line. Thank you for your support and for sharing your ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
GOLD: week starting Feb 25thHi Guys, arising tensions in Venezuela may escalate following the event organized at the border with Colombia. I hope things won't get out of hand but if they do, Gold will probably exceed B. The above chart has been divided in weeks. Vertical lines represent the start and the end of the weeks. The end of next week is marked with finish flags. During the week starting from Jan 27 price made a high at 1327 after the FOMC Meeting held on Jan 29-30. In the next 2 weeks that followed, Gold was supported by the 400SMA and moved horizontally before taking off again to make B at 1347. The high made on Jan 31 was breached last Monday, Feb 18. Price broke the blue horizontal line at beginning of the week, made B mid-week, and closed the week with a re-test of the same blue line. Almost on the 400SMA again, almost at the same level of last high at 1327. After making B price retraced 50% of the A to B move making a double bottom in divergence with RSI. Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. uk.reuters.com What is your view? If you have already posted an Idea on GOLD please put the link in the comments below. Thank you for your support and for sharing your ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
GOLD vs USD/JPY: some correlationsHi Guys as alaways please find below the "correlated" moves on USD/JPY but in the opposite direction: For potential opportunities please also view the related ideas linked below. Thank you for your support and for sharing your ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
GOLD: diverging tops on resistence in RSI overboughtThank you for your support and for sharing your ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
SILVER: diverging tops on resistance in RSI overboughtThank you for following and for sharing your ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. CozzamaraDaZena is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:SILVER
by CozzamaraDaZena
Gold: Look me in the eyes......this is what happens when you spend too much time on TradingView. Lol Watch this... Thank you for your support and for sharing your ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara