Monthly chart removes noise, we could breach the arch to form a handleultimately connecting with the 36mo/3yr EMA, or continue to hug the arch, either is bullish. The overall picture for gold remains bullish. Zoom out. Chill out.
Gold trading below the 200 DMA is interesting given all the inflation talk. If you have a strong conviction for gold as an asset class over the next 5-10 years, picking up Gold here should be a no brainer.
TIPS Real yields and interest rates are near perfectly negatively correlated to Gold, Silver, and the miners. Therefore, the prices for Treasury Inflation Protected Securities (TIPS), which are the inverse of real rates, are near perfectly correlated to precious metals and miners: TIPS fall, Gold falls, and vice versa. TIPS had been falling in corrective fashion...
TIP vs. GOVT nearing a significant zone RYE vs. RYU lagging a bit behind..
long-term trend is downward expected no trading activities above attraction line. price can rest between lower bound and attraction line. project will help to how stock can perfect. Advised to traders and investors: be careful to take long.
All the major resistance and support plotted on the chart. The price breaking out any of these R 9083 and R 8398 will give us new direction of trend . The excess/penetration has been seen out side of parallel channel/value area. The price can be dump and damp between Upper Bound: Parallel Channel and Lower Bound: Parallel Channel. Traders can trade...
Inf Expectations and DXY are saying Oil's bounce is unlikely to last => Short Oil ???
If close month as hammer after false break it's a go $IEF, $TNX, $ZN_F
M timeframe long-term BULL W timeframe overbought mid-term BEAR D timeframe overextended short-term BEAR SUPPLY price reached suppy zone short-term BEAR CORRECTION 50% fib retracement short-term BEAR RSI overbought short-term BEAR MACD divergence turning negative short-term BEAR EXPECTED INFLATION after rate cuts long-term BULL GDX short interest increased...
TIP has potentially priced a top on the 2019 aggressive rally that started last with last November's bottom. 4H is already pulling back STOCHRSI = 8.271, STOCH = 41.432). The Golden cross took place in March and the MA50 has been acting as a Support since then. Based on the last two occurrences, the price should now consolidate around the 1D MA50 before making a...
Although I am structurally bearish US treasuries, I am bullish for a cyclical pop up to $131 on TLT.
35% of US treasuries are held externally, the Fed does not have full control over the interest rates until those treasuries are held internally and the US is internally funded.
In "Emerging Markets Lead U.S. Inflation," it was pointed out that emerging market equities (EEM) act as a leading indicator to U.S. inflation by an average of 6.5 months. In 2018, emerging markets peaked in January, and U.S. inflation saw its multi-year high roll over. In higher inflation environments, capital inflows to emerging markets primarily due to the...
Reflation trade at possible reaction zone $IEF, $TIP
Was staring this for days, initially was waiting for double top with RSI divergence, guess I'm good even with Falling Wedge with RSI Div. You have to know your plan and of which is the mode of engagement. Follow your plan