Get started

Safehaven

Gold Soars on Safe Haven InflowsGold has soared past our levels, breaking 1795 with ease. This suggests strong safe haven buying, that has blasted us into the value area between 1795 and 1815. The Kovach OBV has picked up tremendously, but we will see if the rally can continue, or if we will retreat to the value area we've established in the 1780's. After such a tremendous ascent, gold is sure to face resistanceat 1815, and range or correct at this level or at current levels. Watch for support at 1795, but if not, at 1789, and 1784, as we've seen over the past month.
COMEX:GC1!Short
by quantguy
GOLD - Wyckoff Price Cycle!Hello TradingView Family, this is Richard, and if you like this idea, kindly support with a like or a comment. I found GOLD chart as a great practical example of Wyckoff's Theory. GOLD is overall bullish trading inside the brown channel and it is currently sitting around the lower bound/brown trendline acting as non-horizontal support. So we are looking for trend-following buy setups. Unless of course, the bears manage to break below 1750, which would invalidate the idea. As per Wyckoff Price Cycle, we are currently in an accumulation phase. For the Markup to start, we need the bulls to prove control by breaking the blue channel upward. As per my trading plan: Since the blue channel is already valid, I will be waiting for a momentum candle close above the last major high in gray to buy. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
OANDA:XAUUSDLong
by TheSignalyst
12
USDJPY: Odds In Favor Of USD! 118.00 A Real Possibility in 2022For 2022, many financial banks are predicting the USDJPY to HIT 118.00 level. Tonight the FED guidance path for next year could likely clear the path for USDJPY to move higher next year. Tight tapering and 2 interest rates hikes have already been priced in by the markets in 2022, should the economic data be strong as expected next year on month to month basis, we could see USDJPY slowly inch closer to the desired target of 118.000. Furthermore, the covid-19 crisis around the world seems to be easing off, as the new variant would likely not pose too much threat because of the effectiveness of current available vaccines. With major economies expected to slowly recover next year, the demand for safehaven YEN should ease off considerably. We should also see the commodities currencies appreciate against the YEN in this aspect. All in all, the odds for USDJPY to climb next year are pretty much set and any major DIP would be seen as an opportunity to BUY. Technically the rising dynamic trendline should act as a concrete support in this scenario. To technically trade this LONG opportunity, it would be wise to wait for the monthly candle to close above 115.000 first so as to confirm that the particular resistance has indeed been broken. After this, a LONG trade can be taken with stops below the rising trendline and targets at 118.00 region. Keep in mind to manage the risk as the RR should ideally be 1:1 My analysis is not meant to be a trading signal nor financial advice! Its highly advisable to perform your own analysis and trade markets at your own risk. Please LIKE & FOLLOW if you found this analysis helpful in assisting with your own personal analysis. Cheers
Long
by FX618Analysis
USDJPY: 112.000 Might be the real "OMICRON BUY THE DIP"Currently USDJPY is on a BUY, with the short uptrend expected to meet key monthly resistance at 115.000. After that we might probably see the YEN appreciate VS the Greenback. USDJPY is being supported beneath by a rising key strong trendline, which would likely be tested if the rejection occurs at 115.000 again. There is no doubt that this pair is expected to grow in a long run. Major financial banks are expecting USDJPY to HIT 118.000 area by next year. however looking at the current scenario a short move to 115.000 might likely take place followed by a DIP towards 112.000 region. From here we can expect the BUYERS to strongly come in and take this pair slowly to 118.000 region My analysis is not meant to be a trading signal nor financial advice! Its highly advisable to perform your own analysis and trade markets at your own risk. Please LIKE & FOLLOW if you found this analysis helpful in assisting with your own personal analysis. Cheers
Short
by FX618Analysis
Gold Breaks SupportGold has made a run for lower levels, breaking 1777, or support level from yesterday. We are seeing support form at the next level down, at 1770, however, confirmed by a green triangle on the KRI. Should 1770 not hold, then 1759 will be the next target. The Kovach OBV is still pretty flat, so we aren't expecting any sudden bull rally of significance, at least until CPI data comes out. If we do, then 1777 is the next target above, before running into further resistance in the 1780's.
COMEX:GC1!
by quantguy
Bonds Consolidate, Breakout Soon??Bonds have consolidated as we have expected. We are seeing strong support at 130'19, and appear to be forming a flag pattern bounded by 130'07, and 131'02. The Kovach OBV is trending up slightly, suggesting a small bull bias. From here it could go either way. The Fed is discussing tightening, which would be bearish for bonds, but persistent risk off sentiment due to the Omicron strain could give ZN a lift, though it appears this may be priced in by now. We will see continued support from the upper and lower bounds of the range. Volatility has consolidated quite a bit so we expect a breakout either way potentially soon.
CBOT:ZN1!
by quantguy
1
Technical Outlook for GoldGold has dipped further, breaking 1777 and testing 1770. This is the exact level we identified yesterday. We noted that below this, there is a vacuum zone to 1759, but several green triangles on the KRI are suggesting we are finding support. From here, we could stabilize in the 1780's, as there are several resistance levels that we have been testing for the past few days. 1795 seems to be a max upper bound for now. The Kovach OBV is still very bearish, but is starting to look over sold, suggesting we could see a bounce back to the value area between 1777 and 1795. Again, watch that vacuum zone to 1759 if things turn south.
COMEX:GC1!
by quantguy
1
Gold Long EntryGold: After dropping down to the $1781 area yesterday evening, Gold managed to climb towards $1798 before consolidating. The RSI levels on the daily chart remain oversold, currently at the 8.32 levels. On the 1hr time frames the recent candles that have emerged show to have decent buying pressure. It looks like the price will move up from here at test the $1800-03 zone this week. Not only do the technical support this analysis but the growing concerns over the “Omicron” variant might persuade investors to move into the safe-haven gold, pushing price up.
OANDA:XAUUSDLong
by Orion-Markets
2
GOLD - Wait For The Trigger!Hello everyone, if you like the idea, do not forget to support with a like and follow. XAUUSD is overall bullish and currently sitting around a support zone so we will be looking for buy setups on lower timeframes. on H4: XAUUSD formed an inverse head and shoulders (H1) but it is not ready to go yet. Before we buy, we want the bulls to take over by breaking above the last high. Trigger => Waiting for a momentum candle close above the gray neckline to buy. Meanwhile, until the buy is activated, GOLD would be overall bearish can still trade lower. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
OANDA:XAUUSDLong
by TheSignalyst
16
GOLD - Our Safe Haven!GOLD traded downward aggressively last week. NOW WHAT? GOLD is overall bullish trading inside our brown rising wedge pattern so we will be looking for Trend-Following Buy setups as it approaches our lower brown trendline. The highlighted purple circle is a very strong area to look for buy setups as it is the intersection of the green support (1.8k zone) and the lower brown trendline. As per my trading style : I will be looking for possible bullish reversal setups (like a double bottom, trendline break, and so on...) Unless the brown trendline is broken downward aggressively, then the momentum would be shifted from bullish to bearish. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
OANDA:XAUUSDLong
by TheSignalyst
14
Searching for safe haven - SHORT on breakoutEURJPY might be on the descent and it has just reacted to long-term support. However, it also broke 200 EMA (Black Line) and is trading below rejecting it once. Suffice to say, that we are from my point of view, in the decision area right now. Although high commodity prices, oil, in particular, are as bad for Japan as they are for Europe, Yen is still acting as a safe haven currency. This is likely behind a somewhat sharp move towards the support (orange). If I am right and the markets are concerned about the energy crisis in the making and extended inflation in the commodities, Yen will be among the "safe haven" currencies investors may choose to pick. Why trade it again in EUR? I like the support. If obvious levels like these get broken, moves are more likely to continue. I would consider trading it against AUD or CAD, but their charts do not paint as clear a level like this. My safe haven theory is further supported by growing prices in Gold, but it is contradicted by growth in Euronext 100 (N100) which is not exactly a safe asset if Europe gets in trouble. I would like to see a reversal candle in Euronext too before or along with the breakout in EURJPY. What do you think? Am I approaching relational analysis right?
Short
by OrcChieftain
Bonds Establish ValueBonds have dipped but have found support at the levels we identified yesterday. ZN retraced from relative highs at 131'02 to 130'19. It has since rebounded and is currently testing 130'26. The Kovach OBV was quite strong, but has dipped with the retracement. We appear to be forming value between 130'19 and 131'02. If this is the case, then expect further support at 130'19 and resistance at 131'02. Beware of the vacuum zone below to 130'07. The next target above is 131'12.
CBOT:ZN1!Long
by quantguy
1