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Preciousmetals

PMs - PLATINUM - Model ForecastModel Forecast for Platinum: - Line of Least Resistance determined for PLATINUM. - Initially, inverse correlation with stock market, but Platinum reaps the benefits of industrial use in clean energy strategies, we foresee a decline in the stock markets until EOY, and recovering early 2021. PMs' technicals seem to support this sentiment. - Interestingly, there was a consolidation and accumulation period from 2015-2019, and the automatic rally from the last sell-off in March 2020 was used as a spring to achieve new local highs, but this type of pattern typically results in a decline, once distribution has ended. See the fractal from 2008 below. - However, we are in a greater trend, and while it seems that we have entered a higher channel, volatile sell-offs can be seen as bearish, and we believe the decline will continue once the short squeezing wash-out is over and retail excess diminishes, and support will be tested before further decision. GLHF, DPT Disclaimer: We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
TVC:PLATINUM
by UnknownUnicorn1043646
Gold Important Levels and Zones- April 2021 Update!Traders, Gold has always been very good with our FCPStrategy. Last week it came back to our 1681 area which we identified in August 2020. Now because that levels is important, it started to form a double bottom. Beware of that double bottom. That may lead traders in to the thinking that gold has bottomed. But there can be a final downward move to collect the stop losses on XAUUSD. So be watchful. Please note that the Gold also has a bearish case on monthly time frame in 1500s so if 1681 levels is broken on weekly basis, we will switch our bias to bearish once again. 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
2
Gold: Just some infosHi Guys, what's your view on Gold? Are we at the beginning of an uptrend like the one started in 2008 following the Global Financial Crisis or are we at the top already? Please leave a comment and a thumb up if you like the structure. Thank you for your support and for sharing your ideas. Be good!😉 Cozzamara 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. IMHO: The point of trading is to make money. To make money you must have money. Depending on the money at your disposal, you can decide what to do and how to do it. By having stops you decide how much you are willing to lose. By having targets you decide how much you want to earn. Be disciplined with your protocol and with your strategies for trading. Sometime you win, sometime you lose. Don't be greedy. Be realistic. Be wary but not afraid. Be curious. Use your brain. As long as your working process make sense and your spirit is calm, everything will be fine. Be patient and be prepared for any circumtances.
OANDA:XAUUSD
by cozzamara
3
XAU/USD going as planned, could the bottom be in? @SmileyTradesHello Traders! Hoping to provide a short term update for you as opposed to the Longer Timeframe analysis I did previously potentially signaling a bottom. So far, Gold has been trading the Nested MMs beautifully, but we are still waiting for the 2nd Traditional Series setup will reach target. With recent price action being a consolidation above previous resistance, we can start to feel confident in Longs. Key levels are on the chart...there is, of course, the Opposing MM series in play and we must pay attention to that. I am expecting we break the Short Series and have some strong resistance in between $1,875 - $1,925 at the ATWHWB. I'll link my previous analysis of the larger timeframe to this post for your reference! Happy Trading, always manage risk. Quality in trading is the ability to react to one's own psyche
FX_IDC:XAUUSDLong
by SmileyTrades
WPM - It's Do-or-Die TimeFor WPM , it's getting very close to do-or-die time. A break above the red resistance range (with at least one daily close) would be SUPER bullish for WPM and the whole precious metals sector. However, should WPM break below the green support range (with at least one daily close), we would expect a lot more downside pressure to come to the precious metals sector. Which direction will it be? Are you prepared? The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important to do your own analysis before making any investment based on your own personal circumstances. Please subscribe to our channel if you like what you are seeing!
NYSE:WPM
by jstrasburger
1
Klondike Silver - Ready for the Next Move UpWe are getting a double retest of December's breakout point. Assuming OTC:KLSVF does not lose support, we are expecting much HIGHER prices in the weeks ahead. The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important to do your own analysis before making any investment based on your own personal circumstances. Please subscribe to our channel if you like what you are seeing!
OTC:KLSVFLong
by jstrasburger
The corrective structure is almost finished XAUUSD / GOLDToday, we want to share a bullish opportunity we are aiming to take in the short term -We consider that the Flag Pattern is finished and has reached a critical level: the support zone + the ascending trendline. That provides us with a confluence situation. -Now we expect a bullish movement from current levels towards 1950 (the next resistance zone) -It's important to say that we will not take a trade right now. We want to see signals that the reversal is happening. For example, we want to see a breakout of the descending trendline inside the flag pattern + a throwback before developing setups. -Now, we want to pay attention to the price action on the current area between the support zone and the descending trendline -We have defined an invalidation level. IF the price reaches the red line, we will consider that the bullish view is not happening, and we should pay attention to more bearish pressure coming. Thanks for reading!
OANDA:XAUUSDLong
by ThinkingAntsOk
4
Perfect Diamond Long on $FCX into AprilGet on board this most excellent trade with copper and stock seasonality on your side! FCX has has a great run this year with copper from the bottom rising 400%. This is a great and possibly final leg to get into for awhile that is perfectly balanced inside Camarilla pivots, which I would consider myself an expert in using. Copper 16YR seasonality nearing a bottom ahead of the FOMC FCX is in agreement with a bottom near this area
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NYSE:FCXLong
by mortdiggiddy
21
Amazing $GOLD long off huge supports!Gold is bouncing off a HUGE amount of supports and is exhibiting a near perfect S Wave finisher with Ending Diagonal. You could not hope for a better setup! Join in on this high quality trade. We are lined up with post election year seasonality to the 3rd week of March when the April gold contracts start to go into first notice and roll over. Post Election Year Seasonality Since 1981 (after the CPI formula changed in 1980) Bonds may have bottomed on the 200 Week MA this week with a $USDJPY top on its 200 Week MA as well. It was curious that on Monday we had no new lows in 30Y and 10Y bonds while USDJPY crept higher. Bond seasonality for the last 16 years (QE years mostly) is in agreement with a bottom here
FX:XAUUSDLong
by mortdiggiddy
2