Prepare
How to see Nothing . June 3 market recap snapshot thingyNothing but homage and apologies for not saying nothing about nothing in the video. I also don't know if you can hear nothing or not so let me know in the comments. It's my first time trying trying in a while.
Markets are still at ath's. So u be usa. I'm gonna say that alot. But I'm buy low sell high step one mechanics.
Step two follow tastytrade. I like forex but tasty makes it make sense. It's like a cracker with fiber, gets you going, in a good way.
Step three, i'm bad at things, but god bless options, you'll see. Good luck! Say something or nothing in the comments thanks.
US 2000/ sm75
DXY
EURUSD
GBPJPY
AUDCAD
GOLD
SILVER
CL
BTC
DOGE
SEISMIC: Solid Gold becomes easily electronically transferable. Yes - of course some will know about credit transfers of solid Gold. But the latest stuff is bigger! Some very clever people have found a way to transfer solid gold in more than just 'credit', by very robust electronic means. In other words wherever you are in the world you can ask for your solid gold and it will be sent to your hands! Ain't that crazy!? You can now buy stuff and pay in real Gold, using plastic! Ok so that part is like credit but it isn't. No longer is that totally linked to the US-Dollar value. So this is just like cryptocurrencies - but slightly better. In other words private individuals and some corporations are re-creating the 'Gold Standard' independently of governments and central banks.
What does that mean? It means that the 'big boys' with the smart money have been ahead of the race. They spotted some time ago, to their minds that the US financial situation - which has been labelled as bankrupt (not by me), with an unprecedented Debt to GDP ratio of 105.4, and a total debt of $16 Trillion - is frankly dangerous. People have become drunk on credit. Personal credit allowances are all adding up into one massive tsunami - which nobody is really looking at.(Well except the big boys of course).
Gold is has been connected to the US Dollar as we know it today. However, strangely currencies are no longer backed by Gold (since the 1970s). This has allowed the widespread printing of national currencies backed by thin air - and confidence in trade agreements etc. On top of all that, interest rates had been held near to zero in the USA for the last 10 years, and that's why there is such tension about The Federal Reserve (which is factually a bunch of private bankers), deciding to raise interest rates. They know a bubble has been created.
In other words, the crisis of 2008 was not solved at all. It was papered over and made worse. Yes - it's taking time to pop. Sometimes real bubbles made of soapy water will touch a surface several times and not pop. But when they pop and when Ponzi schemes crash, it happens in the blink of an eye. If/when the financial bubble pops Gold will rule again. But it will be too late for the average investor to get on board.
I'm not saying that everybody should rush out and buy Gold. What I'm saying is that sensible investors and traders need to get prepared now. In fact 'now' is a bit too late.
DO NOT follow the basic TradingView BTC trendConsensus week
Who predicted the last pop off wave acc to TA? Not them(including me)
A lot more to BTC than TA
We have LOTS of positive/bullish news this week
Accumulation has been going on for a while
Major financial institutions are opening up to crypto
We see the beginning of adoption taking place
Few hundreds do NOT matter in the face of THOUSANDS...difference bw investing and trading.
Remember...the picture that shows "Disbelief" ...."this rally will fail like the others"? That is exactly where we stand.
Prepare for lift off.
Student of the game
Leave the LIKE
Peace!
2-DAY BULL STREAK MEANS…?Since the Google announcement (that they will ban crypto ads starting in June) BTC has dropped about 17%. NOTE: A smaller drop than past major bear headlines.
If volume continues to drop, Bitcoin’s price might follow suit. If so, keep an eye out for either a double bottom @ $7660 or the start of a new bear flag somewhere around $6800–6900.
If the price can maintain above 50% retracement, look for optimism to spark a bull run. How long that lasts is a mystery to all (contrary to popular claims) but keep an eye on the macro bear down trend between $10,400–10,800.
Work out strategies for each of these scenarios and—at least in the short term—you should be as prepared as this crazy market will allow.
XAUUSD: Gold Prepeare for Big short coming soonXAUUSD Gold Prepare for Big Short Soon Now
Gold did get the brief bounce expected up to the first target
at 1286 witha spike high at 1289 before recoiling again.
Another 'reluctant' rally. Now it's back on support at 1274 and
this time DXY is holding up and trying to turn around to the
upside. It has not broken lower, but so far double bottomed -
conflicting near term signals, which gold is likely to duplicate.
And if the Dollar is bottoming now, it menas gold is likley
topping here, not bottoming as the chart might suggest. That
pin bar of rejection from 1289 is very ominous looking. No
longer want to play chicken with gold by buying the
lows...this looks like it will break to the downside soon. Any
move below 1270 will confirm this - look to short back to 1260
in first instance (stop above 1272) and close out here for
bounce, potentially as high as the underside of the dynamic
support at 1270 again before recoiling once more. Then,
if/when 1260 gives way short again aggressively down to 1204
with stops above 1262.
Now have zero interest in upside for gold from here. If it
rallies will not be following. End of now.