Preciousmetals
HEX CRYPTOCURRENCY. SAVINGS ACCOUNT ON A DIGITAL LEDGER > GOLDGOLD BUGS WEEP SOME MORE.
I THINK GOLD WILL CHUG ALONG INTO 2.5K RANGE BUT CMON ON MAN IT'S 2021
DUMP THE YELLOW BRICKS.
Silver XAGUSD closed below 200dma. The Silver market has traded above the 200dma since May of 2020 and now we closed below it, and looking to test key horizontal support at the 22.25 level near term. The RSI is nearing oversold so a dip towards this key horizontal support may find buyers for those traders wanting to be long the silver market.
Drop Fiat Challenge... Trade Of The Century! - Bitcoin Vs GoldMultilayered strategy.
With inflation running hot into the foreseeable future Bitcoin and Gold have my full attention.
Expecting Gold to hit new lows against Bitcoin over the next few days.
Short term 2 bar trail.
Longer term hodl... continuing to cost average into short position until 4th quarter.
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.
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
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!
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!
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!
GPL, Bullish Crab with Retest of Pattern Completion ZoneGreat Panther Mining has completed a bullish crab with a double retest of the 0.886 retracement from the recent Jan. 2021 swing low. The MACD is showing Class C Hidden Bullish Divergence which might play out to the upside. Entry is within the Pattern Completion Zone. Targets 1 & 2 coincide with points A) and C) of the harmonic structure, and the 1.618 Fib extension just for kicks. Time will tell.
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
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
Silver train ready to get rolling?Hello Traders!
Short and sweet here. Short target has been met and we are looking basically exactly the same as XAUUSD other than the way price is reacting to the Correction Channel.
Short target is confluent with the 2nd Long Entry, both should provide significant buying pressure to take us above $30 for Silver.
Happy Trading, always manage risk.
Quality in trading is the ability to react to one's own psyche
XAU Short Target met! Reversal?Hello Traders,
Keeping this one short with a quick update on Gold. This entry looks great as the Short target has been met which means buying pressure is increasing.
This $1,690 Profit target level is also confluent with the 2nd Long entry in this setup, which should lead to even more buying pressure.
Another beautiful point of confluence is the Lower Boundary of the Correction Channel.
I'll have my previous analysis of this pair tagged for transparency, this is the 2nd entry of the Long.
That's all for now!
Happy Trading, always manage risk.
Quality in trading means the ability to react to ones personal psyche