Get started

Safehaven

GOLD - Around Strong Resistance! 🥇Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. GOLD is overall bullish trading inside the rising red channel, however, it is currently retesting the upper red trendline. Moreover, the zone 1870 - 1900 is a strong resistance zone . So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the blue resistance zone and upper red trendline. (acting as non-horizontal resistance) As per my trading style: As GOLD is around the upper purple circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) 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
10
SILVER - The Fall of a Balloon! 🥈🎈Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. After an aggressive bullish movement late 2021, SILVER has been overall bearish trading inside the red falling broadening wedge , and it is currently retesting the upper red trendline. Moreover, the zone 25-26 is a strong resistance zone. 📌 So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the blue resistance zone and upper red trendline. (acting as non-horizontal resistance) 📕 As per my trading style: As SILVER is around the purple circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) Always follow your trading plan regarding entry, risk management, and trade management. Good luck! 🗒All Strategies Are Good; If Managed Properly! ~Rich
OANDA:XAGUSDShort
by TheSignalyst
13
GOLD - Potential Short-Term Reversal!🥇Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. GOLD is overall bullish trading inside the rising red wedge pattern, and it is currently retesting the upper red trendline. Moreover, the zone 1830 - 1845 is a strong resistance zone. So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the blue resistance zone and upper red trendline. (acting as non-horizontal resistance) As per my trading style: As GOLD approaches the purple circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
OANDA:XAUUSD
by TheSignalyst
17
XAUUSD BULLISH TRENDGOLD is also known as the standard for safe-haven assets, we can see a trend line that is serving as a steady uptrend resistance line, as the war, recession fears, and inflation still going strong we have all the supporting factors to keep that growth. We registered $130 in the last 3 months and we are still far from a conclusion on the war and economical recovery anytime soon. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
OANDA:XAUUSDLong
by legacyFXofficial
Gold Facing ResistanceGold has reached our target of $1770, and as predicted, is having trouble with this level. We are running into resistance as we push toward a previous value area. The price action is rounding off and the Kovach OBV, though still strong, is tapering, suggesting that we will range or retrace. A significant retracement could take us all the way back to $1720, or $1705, the base of the sickle pattern. As an intermediary target, $1735 is about the 50% Fibonacci retracement, and this would also be reasonable. If we can break out again, anticipate resistance in the $1780's.
COMEX:GC1!Short
by quantguy
1
Big Rally in Gold!Gold has rallied massively, breaking through to the $1700's. Yesterday, we tested our level at $1683. As predicted, it provided resistance. A pullback tested $1670, where we immediately saw a strong pivot. Then momentum continued through $1683, and several levels after that, solidifying the $1700's. We reached as high as $1720 before a red triangle on the KRI confirmed resistance. The Kovach OBV is very strong, but this is quite a move for gold and we expect some ranging or a pullback. Support is evident at $1705, but if that breaks then $1692 and $1683 should also provide support. If the rally continues, $1735 is the next target.
COMEX:GC1!
by quantguy
#Bitcoin $BTC becoming safer asset than #Gold ??In previous times of turmoil, any investor was considered wise to place money into gold vs. fiat or any other investment vehicles. However, this comes with many issues, including accessibility, transportation, etc. So, in my opinion, Bitcoin (with its limited supply coupled with high demand, easy access, and easy transportation) will become considered the safest of the "safe-haven" assets. This chart shows the performance of Bitcoin breaking trend, while invalidating a bearish pennant, during a time when one would assume that money would be moving into Gold instead. For me, personally, this shows that this shift is starting to play out. And, while there still may or may not be a rise in $BTC, the value-loss potential of Bitcoin will become much lower, compared to all other assets. **This is my opinion based on data. This is not financial advice.**
BITSTAMP:BTCUSD
by DoozerInvest
Gold Tests Lower LevelsGold has broken down from $1670, finding support at $1658 before equilibrating after the hotter than expect CPI data. Support was confirmed by a green triangle and we were able to recover, testing $1658 one more time before tending toward $1670 again. The Kovach OBV is pretty flat, suggesting we may waver around current levels before we see another significant move. We can expect a great deal of resistance above, especially at $1683, which is the lower anchor of our previous Fibonacci levels. If we break through $1658, there is a vacuum zone below to $1640.
COMEX:GC1!Short
by quantguy
Gold RetracesGold has retraced significantly from the $1700's. It appeared that we were ready to solidify this handle, however we faced a massive selloff with the rest of the risk-off assets, as the markets price in sobering data and a hawish Fed. We have broken through $1700 and our first two support levels in the upper $1600's at $1692 and $1683. We are currently finding support at $1670, but appear to be hanging on by a thread. Several green triangles are confirming support at current levels for now. If we are able to rally then $1683 is the next immediate target otherwise $1658 is the next level down.
COMEX:GC1!Short
by quantguy
Can Gold Regain $1700?Gold prices have lifted as risk-off assets rally. We have clawed our way back through the mid $1600's and have hit $1683. We appear to be encountering resistance here, which is to be expected as this is a major level. The Kovach OBV has risen, but has flatlined, indicating that we will need more momentum to properly break out. If so, $1692 is our next target, and we are sure to encounter further resistance as we head toward the $1700 handle. If we retrace, anticipate support at $1670 or $1658.
COMEX:GC1!Short
by quantguy
Gold's Route to New All-Time High -- PostponedGold's transitory route towards a new all-time high has been postponed. Due to a misread with Waves 2 and 4 within sub-wave 3, the previous idea of Gold finding bottom support immediately below $1680 is obviously nullified at this point. Using invalidation as a signal, its now very safe to assume that Gold will drop to $1500-$1480 before support is likely discovered. Considering the size of the Zig-Zag correction in Wave 4 (of sub-wave 3), Fib levels point to the zone of $2270-$2570 for the next multi-year, upside swing. Roughly a 50% anticipated increase in value, traders/investors/hodlers are due to reap decent profits. Surf with the Digital Surf Trading Community for daily-weekly updates on Gold, BItcoin and more.
OANDA:XAUUSD
by DigitalSurfTrading
Gold Prepares for New Bull Run/ATHResharing this as my last idea wasn't very useful in micro terms. Knowing all to well that the macro picture is what matters most, I still had 0 intents of sharing a decade's long trade idea. Hopefully it ages well though :) Focusing this time on the more near time, anticipated price action, we can see that Gold is near very strong support levels. In Elliott Wave speak, I believe us to be ending (c) Wave of an all-time Wave 4 correction. With (b) Wave of Wave 4 only reaching 100% of (a), it is my belief that (c) wave will reach 100% of (a's) bottom - near 1682, or down to 105% below (a)'s bottom - near 1662. Gold's new all-time high will sit between $2200 and $2415 and should be seen within the next 18-24 months. I've missed the top of the last big sell entry but won't find myself on the sidelines for this one. You shouldn't either. Grab your surfboard and ride the wave with us.
OANDA:XAUUSDLong
by DigitalSurfTrading
5
Why Bonds Might Be Nearing LowsBonds have continued their decline as the markets price in a potentially historic FOMC rate hike this week. Inflation data suggests that the Fed's rate hike trajectory is not really working and inflation is still soaring. On the other hand, multiple indicators suggest that we are in a recession, and the Fed will have to pivot their hawkish stance after this last rate hike. If that is the case, then we expect the bond market to be nearing lows. We have one more technical level before we will have to start using inverse Fibonacci extension levels to predict lows in bonds again, as 113'12 is our last technical level. The Kovach OBV also appears to be leveling off. The next targets from above are 115'03 and 115'29.
CBOT:ZN1!Long
by quantguy
2
XAUUSD LONG-TERM PLAN, Ideal prices for investmentGold is a practical and easy investment for anyone. For those of you who have medium or long-term goals, such as sending your children to a higher level or buying a house, gold investment is one of the keys. Gold often referred to as a safe haven asset, which is an asset that is known to be unrelated or has a negative correlation with other assets or investment portfolios when there is turmoil or uncertainty in the financial markets. When global economic uncertainty and a decline in market participants' confidence in the government, the price of gold increases. In other words, gold is a valuable safe haven and can protect investors' assets during a crisis. We know for now there is still a lot of uncertainty in financial markets, geopolitics, military, and disease outbreaks. Gold still tends in highly priced for long-term investment. Technically in the next few months gold may breakout from the green support area due to tightening monetary policy from the most central bank around the world. then towards macro support. This is my strategy which can be seen in the chart of the best prices to buy gold for long-term investment.
OANDA:XAUUSD
by DNP-FX