Get started

Preciousmetals

Metals to Break its All Time High AgainMetals to Break its All Time High. I have discussed about Gold before and in this tutorial we will study into Copper. From last week Fed chairman statement, he said “it is premature to be talking about pausing our rate hike. We have a ways to go." The continuous inflation is almost a certainty into next year, and what asset or instrument works well with inflation? Content: Why interest in copper again • Fundamental • Technical 5 Major Copper Uses: • Building Construction • Electronic Products • Transportation • Industrial Machinery & Equipment • Medical Copper Consumption Worldwide: 1. China 54% 2. Europe 15% 3. Other Asia 14% 4. America 11% 5. Other 6% Source: Statista 2021 Minimum fluctuation 0.0005 per pound = $12.50 0.001 = $25 0.01 = $250 0.1 = $2,500 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Editors' picks
COMEX:HG1!
by konhow
3
Can Gold complete the breakout with a new leg high? Hi, and welcome to Tuesday's update. Today's focus is on Gold as price continues to trade with inside bars after last Friday's 3% jump. US employment data fueled the rally, and this data sent the USD packing. We're looking for Friday's breakout to complete, but we need to see buyers come back into the market with another firm move higher to show us that Friday's price action is set to continue. Last Friday's close has so far done what required breaking to levels of resistance after re-holding 1626 support. We don't want to see a new close back below 1650, as this could be a sign that buyer momentum was only short-term. We would like to see a new break above 1681.50 or a new higher low above 1665 to continue the idea buyers remain in control. We still feel the USD will play a key role in whether this move continues or not. Keep an eye on this week's US CPI data, which will be released Friday morning at 12:30 am AEDT. Have a great Tuesday and good trading.
EIGHTCAP:XAUUSDLong
by Eightcap
Has Silver started a new leg lower? Hello, TradingView community. We hope you’re all having a solid session so far. Silver's daily chart has caught our attention today as price formed a solid move lower yesterday, and sellers have broken the low in today’s session. This could be a confirmation that the recovery trend has started to fail. On top of the price pattern, the MA is pointing lower, and the CCI is in its bearish zone. We want to see price close below yesterday’s low and test/break the May 19th low to give this idea more credit. If we sellers can hold momentum and break 21.27, this could show strong seller momentum, and if other factors back up the momentum, we could even see a new move back to the 20.60 area. But, we are looking for sellers to close below yesterday’s low to give yesterday’s move further confirmation. The same pattern can also be seen on gold’s daily chart. Good trading.
EIGHTCAP:XAGUSDShort
by Eightcap
GOLD (XAUUSD) Analysis UpdateTraders, Gold has been following our plan. We have been bearish on the XAUUSD because of the higher time frame bias. Last week, our long and show plans played out well. Gold went back up to test the neckline of the Head and Shoulders pattern after a fall. And right now it is kind of forming a double bottom which can push the price up a little bit. In this quick update we see all the possibilities that this market has to offer. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅ Follow me for future ideas, trade set ups and the updates of this analysis ✅ Don't hesitate to share your ideas, comments, opinions and questions. Take care and trade well -Vik ____________________________________________________ 📌 DISCLAIMER The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions. ____________________________________________________
OANDA:XAUUSD
by vikinsa
8
SILVER: What's Happening? Educational Multi Time Frame AnalysisTraders, Silver (XAGUSD) has been moving and yesterday it caught several analysts and traders by surprise. The reason behind that is that majority do not perform multi time frame analysis and do not see the hidden higher time frame levels which can act as support and resistance. In this multi time frame analysis I start from the monthly time frame and go the way down to 4H to show what happened, and what was expected. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅ Follow me for future ideas, trade set ups and the updates of this analysis ✅ Don't hesitate to share your ideas, comments, opinions and questions. Take care and trade well -Vik ____________________________________________________ 📌 DISCLAIMER The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions. ____________________________________________________
OANDA:XAGUSDShort
by vikinsa
6
GOLD COMPLETE TECHNICAL ANALYSIS| ALL YOU NEED TO KNOW! GOLD is trading in a rising channel with the smaller rising resistance mid-channel being the closest to watch. We've missed all the long opportunities so far as any buy now will be a buying high with dubious risk-rewad ratios. Thus we are looking at a short. The first good looking short area is the confluence of the rising resistance and the horizontal key level. There, I want to see a sign that would convince me that the rally has stopped and I will be looking at the reversal signals then. The target is now the broken horizontal resistance that was also the higher high of the 2012 rally. For the full analysis please watch the video. Thank you for the attention. Feel free to ask questions in the comments! Like and Subscribe to never miss a new analysis! See you all then!
TVC:GOLDShort
by ProSignalsFx
1
GOLD UPDATE| TRADING PLAN GOLD hasn't moved at all during the last trading days, as I suspect the market is waiting for the election results, which will be held in just a week. Now, I am bearish on gold as it is within the downward channel, and broke out of the smaller upward channel. So for those of you who want to be in gold, you might go short now, with the target of the green support level. Yet, remember about the purple support. Maybe it is safer to wait till the daily support breaks too. But then the question of the sufficient risk reward would arise again. All in all, I choose to be on the safe side and stay away from gold till I know the results of the election. Thank you for watching, Like and Subscribe to never miss a new video.
OANDA:XAUUSDShort
by ProSignalsFx
1
GOLD ANALYSIS| WHAT TO EXPECT? GOLD is moving in two parallel channel one within another. For us to become bullish, we need to see green key level and the larger channel resistance to be broken to the upside. Then, we can go long from pullback safely. For us to become bearish, we need the small channel support to be broken downwards, and then we can go short on retest. Even better if the retest also happens at the confluence of the two channel lines. Before the breakout, however, I am neither bearish nor bullish. Wait and let the market to give us a hint. Thank you for watching, Like and Subscribe if you enjoyed my video!
OANDA:XAUUSDLong
by ProSignalsFx
2