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Safehaven

PALL resurgence medium termLooks like PALL is repeating a previous pattern. Very cyclic and resolves well with Williams Vix Fix. I see a local bottom that was supported with strong resistance from Aug 2021 to current. If growth is continued as anticipated, this commodity will rebound. If safe havens are sought, this commodity will also grow. Solid indicator data fitting PALL for a 20%+ gain in the next 2-3 months. Short term - I think the buy is in the 170-175 range within the next week or two. For ease of interp - lime green indicates local bottom. Just my thoughts.
AMEX:PALLLong
by Elkinthewoods1
CHFJPY - Getting Ready For A Massive Drop!We've been keeping an eye on CHFJPY for quite sometime now as price was at the extremes of the parallel channel. We are looking for any shorting opportunities to take CHFJPY down. We've seen some JPY strength last week but we could be consolidating for a bit due to CHF strength (which we anticipated a couple of weeks ago). Looking for clear signs of reversal to enter CHFJPY. See the diagram in the chart to see how you could use fibs to anticipate where one move will end and another will begin. From the weekly chart we can see that there's a massive drop coming for CHFJPY! Goodluck and trade safe!
by WicktatorFX
11
USDJPY too overstretched! Correction Likely to Occur USDJPY is too overstretched or to put it in technical analysis term, its too oversold. Therefore an anticipated correction would likely occur. However as traders we perform technical analysis and await confirmation that a correction would likely take place. Here we have a 4H chart of USDJPY. 115.000 represents a concrete monthly psychological resistance where the prices might likely reverse for time being. Also on the chart an ascending channel is visible and MONTHLY pivots. A confirmation which is needed here would be the following: 1) break of ascending channel 2) Close of 4H candle below the 4H 50 EMA 3) close of D candle below R2 monthly pivot After all the above criteria have met, its important to know that the initial target would R1 MONTHLY PIVOT (112.500). However since this trade is on 4H timeframe, an extra caution is required which would be to notice where the weekly pivot pointS are located when the trade criteria has met. Combining all these, the risk to reward ratio evaluation is required and SHORT trade can be placed. Note: This is just my personal technical analysis and its not a trade signal. The trade signal would be posted on an entirely different post shall the trade criteria meet.
Short
by FX618Analysis
Gold Buy Signal!!Gold proved several times after completing the downfall and targeting 1680 as a double bottom that the retracement at the first place from 2073 dollars an ounce is still corrective. all the advanced yet the classical technical analysis is showing a momentum and a possible surge in gold prices in the medium to long term. lets not forget the inflation effect on gold definitely on the long term not short one. CPI figures, not the best job reports and many more. new highs will be seen in gold sooner or later with a target of 2350$ an ounce if broken 2590$ as a 2nd target.
TVC:GOLDLong
by josephdahrieh
USDCHF Might aim for S1 Monthly PIVOT shall the Trendline break!USDCHF might aim for S1 monthly support shall the ascending trendline break. For this criteria to meet, we need to see the daily candle pierce both the trendline and D EMA in the process. After this what is required is to assess the RR for this trade, if feasible we can enter a SHORT to target the S1 monthly pivot. The S1 Monthly pivot is also present in the same area with another ascending trendline. Due to this, i strongly feel that the price might go down until those level. Shall there be any updates i will update the entry criteria below in this thread
Short
by FX618Analysis
Is the USD/JPY about to Fall? Strong Sell Signal!Hey traders so I have been watching this pair for several months and it looks to me like it has been carving out long term Head & Shoulders top. Finally it also looks like it is about to break below the neckline. If this occurs I think we could see a straight sell off to the profit target which is 106.50 The fact that the stock market is also starting to turn lower could accelerate selling because the Yen is known as a safe haven currency pair which means investors may buy it in times of uncertainty. Sell Trade Entry 109.20 Stop Loss 111.00 above right shoulder. Exit Strategy- Profit Target 106.50 Risk Management: (Always look at every trade as how much you can afford to lose. Make sure it is your risk managment tolerance. Most experts recommend never to risk more than 2% of you total account equity on any given trade. Then protect your profits until market reaches your desired target.) Trade Well, Clifford
Short
by TradeTheIndex
GOLD: the effects of tapering (Bernanke 2013 vs Powell 2021)Hi Guys, to keep it simple... Financial Crisis 2007-2008 and Pandemic led to the implementations of QE programmes in combination with other accomodative monetary policies. Following these events FEAR drove the value of Gold to its highest at $2.000 both in 2011 and in 2020. In both these occasions, after having reached $2000, the precious metal bounced off the support to unfold lower highs to form what may look like descending triangles. In 2013 the support was finally broken when Ben Bernanke announced a "tapering" of some of the Fed's QE policies contingent upon continued positive economic data. Specifically, he said that the Fed could scale back its bond purchases from $85 billion to $65 billion a month during the upcoming FED policy meeting. On Sept.22nd, 2021 Jerome Powell said tapering of bond buying coming "soon". Can you see the similarities? Will Gold react the same way as it did back in 2013? It seems too easy to be true. LOL. Hope the above is of interest but if you have any queries please do not hesitate to ask. Good luck everybody! 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. Trading in foreign exchange (“Forex”) on margins entails high risk and is not suitable for all investors. Past performance is not an indication of future results. In this case, as well, the high degree of leverage can act both against you and for you. Before you decide to invest in foreign exchange, you should carefully assess your investment objectives, experience, financial possibilities and willingness to take risks. There is a possibility that you will lose your initial investment partially or completely. Therefore, you should not invest any funds that you cannot afford to completely lose in a worst-case scenario. You should also be aware of all the risks associated with foreign exchange trading and contact an independent financial advisor in case of doubt.
SAXO:XAUUSD
by cozzamara
DOGEELON MARS - 8000% Increase example - The new hype trend!Hello trading friends, DOGEELON is a coin where you don't invest all your money, but same time it can become an unexpected huge and hype trend coin since this price action. We have studied the most mem coins and other low price action coins, but we have come out that Dogeelon could be an interesting coin for the long term - this depending on more trends. ✅And yes we know also the risk of investing in coins as this - but we know also the market cap the interesting targets the updated news trends, data, and same time we base this on long-term TA. ✅we know the same time that coins as this when it gets increase hugged, it could have huge pullback also, but that's not a reason for us not to choose this project for long term. ✅And we know also about that some don't trust it, this was before also with doge and other coins. what are new and most don't enter will be not interesting until it shows a high-level target, but then the most time you pay the TOP price. Watch trend are you expecting that this coin will go to an 8000% increase? This is only an example trend - of course, all are possible into crypto, but we focus more on the coming long-term goal. I mean if it will go to 8000%, a 200 USD investment that normally the most can lose will bring 16K. But this is not the mean of this view chart. the main mean is that this coin could be interesting in the long term and only for HODL, no trading. Have a great day.
Long
by watchtrend
8
Dogelon Mars - Shows interesting trend and more then 100% ...Hello trading friends, Normally we do not update e small high-risk coins, but as our topic Coinview did choose this update we will share it with you here below. the choice for this coin is going because of a new exchange trend that we have studied, and it's also not on the top price. ✅Coin view shines the light on Dogelon Mars the #628 Rank on cryptomarket. we believe that this coin will come lower into ranking and that we can expect interesting trends in it coming time. We have studied the most known coins as the safe moon and others that have small price action, and we come out that Dogelon Mars could have a better interesting target, which could double more times. 💎With this coin view update we expect a price action target with this coin that is listed on kucoin exchange. ☕️and of course, you never invest all in. I mean when you invest a coin with small price action as this for the long term, do it only with what you can lose. 📈You will see coming time more updates about this coin, this is the start from coin view expecting. Have a great day.
Long
by watchtrend
9
Time for PAXG?As a crypto asset backed by real gold, is it time to put some money in PAXG in case of the upcoming big recession ? Well to answer that, YES and NO... 1. We don't know when will the recession comes 2. We don't know whether it will come or not (LOL) But still, it's better to be safe rather to be sorry!!!! My entry price point would probably be in the fibonacci retracement level (fib box)... As I still believe the bull or this cycle economic hype isn't over yet, I am waiting for a better entry point before putting my money on gold or crypto backed by gold!!! Yes it can certainly goes way more down before we found a bottom in case the economic bull is too strong... but interesting thing to keep in mind is that, we have a strong red line that has ben perfectly tested 3 times... I have put a green marker on it!!! So with this in mind, scaling in into gold backed asset would probably a good idea as to minimize your risk... Still, this is just my speculation, and gold could also soar high from this point and we don't see any retracement especially as many investment company or retail investor are now looking at gold... #NotFinancialAdvise #PersonalView
by ZombieGod11
Gold 1-day classic patternsQ: What has the highest probability of occurring? In 2021 gold has been rotating between $1900 and $1700 per ounce. While a variety of classic patterns have either formed or attempted to form throughout the year there appears to be a broader attempt at a double bottom in 2021. The double bottom, having recently tested and rejected 1700, would need to breakout from ~1915 to be validated. This pattern projects 2150 as the target. Objectively gold was in a very strong uptrend from 2018 through 2020 and after making a new all time high in August 2020 the price has corrected almost 20%. There is clear support at 1700 and resistance at 1900. Continuing range bound price action suggests a mean price of 1800. The price is not going to reach 2150 on its own volition. Some factor's worth considering include risk-on/risk-off sentiment, Federal Reserve monetary policy, US Dollar valuation, political events, government trading, and the global supply from mining. Since the double bottom is not validated the current position is neutral with a bias in favour of mean reversion about 1800.
OANDA:XAUUSD
by xciiitradingco
GOLD - TRIO RETEST!GOLD is overall bearish trading inside the orange channel so we will be looking for Trend-Following sell setups as it approaches the upper orange trendline. The highlighted purple circle is a strong area to look for sell setups as it is the intersection of the orange trendline, green resistance, and brown trendline retest. What I call "TRIO RETEST" As per my trading style: As GOLD approaches the purple circles, I will be looking for reversal sell setups on lower timeframes (like a double top pattern, trendline break, and so on...) Unless the bulls break above the green zone again, then we will be looking for buy setups on its retest. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
OANDA:XAUUSDShort
by TheSignalyst
46