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Xaubtc

XAU/BTC - Gold and Bitcoin outlook for next 6 months ?GOLD & BITCOIN OUTLOOK for the ppl saying that TVC:GOLD is outperforming CRYPTOCAP:BTC Well... not really as you can see at a relatively big timeframe on this XAU/BTC chart what is happening now ? well XAU had a rebound mid March, making a +66% pullback, it seems a lot but as you can see during august 2020 it felt 85% ! 1. made it to the previous resistance quite hardly, first sign about the bearish approach that could arrive 2. we are now around , in fact around a very hot zone, 0.4 , if we go above, more chance to see bullish moves in this chart, meaning that Gold could go more up and/or Btc could go more down, its a weekly timeframe so, im talking about a 6 months move BUT, I think XAU/BTC will not be able to pass that resistance and will in fact go big red candles till spring 3. if you look at what happened 4 years ago just copy paste it now, you should have a view of the next 5-6 months for both assets Not saying that gold is gonna plummet and XAU/BTC will go -85% this time but it should bring it a bit down, as in august 2020 it was also going parabolic and went -20% in 6 months so yes im expecting gold to go -20% during the 6 next months and of course BTC to go UPPPPPP so if they're one thing to retain here, its that Gold seems now inversely linked to the 4 years BTC cycle ! And this is quite interesting because it means that BTC has a lot more power and influence than people think Cheers & thx for reading
TVC:XAUBTCShort
by Investwine
GOLD to zero vs BITCOIN What an awesome chart (For Bitcoin maxi's that is) here this shows Gold in relation to Bitcoin.... Here we can see the halvening (blue vertical lines) and the decline in gold value respective to Bitcoin, we can see an 80%+ decline each cycle. The next halvening date is April 2024, (Red vertical line) After the move has moved to a new low, we can see that a retracment has come in to the upside each cycle into and around the golden pocket (61.8% - 80%) . This area has already been tagged... another pattern is the influx of Volume regarding the start of 2023, dwarfing any other previous volume... I shall continue to update this thread moving forwards.
TVC:XAUBTCShort
by TraderE9
3
#PAXG/BTC 3D (Binance) Descending wedge on supportPax Gold printed a dragonfly doji and looks ready for mid-term recovery towards 50MA, in sats. ⚡️⚡️ #PAXG/BTC ⚡️⚡️ Exchanges: Binance Signal Type: Regular (Long) Amount: 13.1% Current Price: 0.05392 Entry Targets: 1) 0.05301 Take-Profit Targets: 1) 0.06309 Stop Targets: 1) 0.04897 Published By: @Zblaba LSE:PAXG BINANCE:PAXGBTC TVC:XAU TVC:GOLD paxos.com/paxgold Risk/Reward= 1:2.5 Expected Profit= +19.0% Possible Loss= -7.6% Estimated Gaintime= 2-3 months
Long
by TradingOn
BTC to Gold on the monthly chartJust a simple strategy I discovered while playing around with Gold and BTC, which appear to have an inverse relationship. This is on the monthly timeframe, the idea is to follow the value at the right time. Even though XAUBTC is on a general downtrend, the strategy is simple: Every time the Stochastic RSI on this chart starts pointing up, that is a signal to exit BTC and enter XAU. Every time the Stochastic RSI points down, exit XAU and enter BTC.
TVC:XAUBTC
by distinctBird77343
1
$PAXG/BTC 2D (#Binance) Ascending wedge on supportPaxos Gold suddenly pulled back to 100EMA and RSI looks oversold, a bounce seems likely. This is obviously due to Bitcoin recent recovery, let's hedge our Satoshi bag here! ⚡️⚡️ #PAXG/BTC ⚡️⚡️ Exchanges: KuCoin, Binance Signal Type: Regular (Long) Amount: 12.4% Current Price: 0.08973 Entry Targets: 1) 0.08915 Take-Profit Targets: 1) 0.09987 Stop Targets: 1) 0.08198 Published By: @Zblaba Risk/Reward= 1:1.5 Expected Profit= +12.0% Possible Loss= -8.0%
Long
by TradingOn
2
BTC vs. GOLD: Did we get a signal on May 18, 2021 ?Did we get a signal on May 18, 2021? We will see it with certainty a little later, if the blue moving average line should change sides and cross the yellow circle, but for now it almost looks like it. History of signals (yellow circles) generated so far: 26-Aug-2011 sell Bitcoin, buy Gold 19-Feb-2012 sell Gold, buy Bitcoin 16-Mar-2014 sell Bitcoin, buy Gold 29-Sep-2015 sell Gold, buy Bitcoin 09-Mar-2018 sell Bitcoin, buy Gold 06-Apr-2019 sell Gold, buy Bitcoin 26-Sep-2019 sell Bitcoin, buy Gold 12-May-2020 sell Gold, buy Bitcoin 18-May-2021 sell Bitcoin, buy Gold?
BNC:BLX
by ReallyMe
Gold - No decoupling from the stock market yet On 20th September 2022, we stated that the Fed's pursuit of a tighter economy would continue to weigh on the gold price. After the rate hike, the price marked a new low simultaneously with the stock market. Then, the market rebounded, and in early October 2022, we said that we were growing increasingly anxious regarding the sustainability of the move. In addition to that, we pointed out a high correlation between the stock market and precious metals, which still continues to threaten gold's prosperity. Because of that, we stay bearish on gold in the short term and expect it to hit 1 600 USD, as we outlined exactly a month ago. Our views are based mainly on fundamental factors, which play into cards for the U.S. dollar, weakening gold's position. However, we also consider other macroeconomic and technical factors described in our other articles. Despite our grim short-term outlook for gold, we are very optimistic about its bright future. Indeed, we continue to wait for better prices to buy more of the physical metal while shorting paper gold. On the endnote, we voice a word of caution to investors over the upcoming FOMC meeting; we will provide more thoughts on this asset soon. Illustration 1.01 The picture above shows the daily chart of XAUUSD. The breakout below the short-term support will bolster the bearish case in the short term. Technical analysis - daily time frame RSI, MACD, Stochastic, DM+ and DM- are bearish. Overall, the daily time frame is bearish. Illustration 1.02 Illustration 1.02 displays the daily chart of XAUUSD and simple support/resistance levels. Technical analysis - weekly time frame RSI, MACD, and Stochastic are all bearish. DM+ and DM- are bearish as well. Overall, the weekly time frame is bearish. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
OANDA:XAUUSDShort
by Tradersweekly
26
Gold - Major crash is prepared! -18%, channel is breaking down! On the weekly chart, gold is very close to a massive crash. I think the bulls have no power here and I don't even want to see a huge red candle. As you can see on the chart, there is a rectangle consolidation pattern with multiple touchpoints and also an ascending parallel channel that is currently breaking down! Next target is 1370 USD, and I think we will hit this target very quickly. After that, we want to see a strong bounce from this level, because otherwise we will go even lower! This is a bullish Elliott Wave count, so wave 4 should not go below previous wave 1 because this may invalidate this bullish scenario. Interest rates are growing, and so are bonds. We have a strong dollar and everyone prefers to hold cash, even with high inflation. This is not looking good for the stock market, crypto and gold at all. But you can still make money if you open a short position on the futures market or purchase some put options. Look at my ideas about Bitcoin and Ethereum in the related section down below. For more analysis, hit "Like" and "Follow"!
OANDA:XAUUSDShort
by UnknownUnicorn2537518
55
Are Crypto traders are going for GOLD?Are the gold sellers underestimating the amount of bitcoiners that are longing gold at these prices? It's something I've been asking myself recently, cashing some crypto profits into gold. Crypto looks scary, a lot of us have held dollars for weeks and dollar is now spiking. How to TP if not in crypto - and, lol, not stonks..Gold feels natural to TP on your dollar right now.. I think that I represent a a new buyer of gold that is quickly stepping into the market and I wonder if the sellers are gonna see gold at this price again soon.. Let me know your point of view in the comments, I'm curious to hear what the sentiment is.
TVC:GOLD
by PotatoJuice99
XAU/USD - Major Breakout, Path to $2,800! 😎Gold broke out from the pennant in blue and this may be the start of a major rally upwards. The first key resistance will be found at around $2,000. Once that turns into support, I don't see why Gold can't just FOMO towards $2,800. Why $2,800? It is the next major Fib level that also coincides with a nice impulse sub-wave 5. The macro picture and world events also support this case. I mean, you can't have 8% "official inflation" and expect Gold to crash. Real inflation is probably twice that. Or the threat of war looming in Europe without big investors hedging some of these risks. Why not buy some Gold if BTC is too "volatile". Hence the current price action. Plus, Gold had a nice consolidation since 2020, it was time for some action and volatility. Before 2022 ends, Gold should comfortably sit above $2,000 if the above hypothesis is true. Let's see where this takes us. Like and follow if you liked my idea!
FX_IDC:XAUUSDLong
by DU09
Daily Resistance on GOLD (XAU) lets see how the week turns outAgain we come to a resistance level for GOLD, XAU and now watch for a break above (at the time of this writing) exactly at the resistance 1827.02. With the past double bottoms both at 1680 and 1733 we can see a return to either of those levels, very possible or a continuation to 1865. We are looking at inflationary pressures greater than the 7% that the FED is calculating so longing gold as a hedge is not a bad idea. That along with any crypto currency i.e. BTC, ETH, etc.
FX_IDC:XAUUSDLong
by swimmax
1
Gold x BTC - Depressing.Just had a look at XAUBTC, and could only fit 5 years in a chart, and Gold lost nearly 99% against the BTC astronomical rise, if you go 10 years, the lag is nearly 100%. Now my guess for the real inflation is about 15% per year for the past years, from now more than 20%p.a. Gold did gain nearly 60% in the last 5 years, so you could say it does keep purchasing power against inflation, nearly, but again, it can never be called an investment, a pailful insurance maybe. Anyhow, it is possible that metals gain some value from here after a decade of total beating, will see, with the looming inflation it is not a bad idea to have some.
TVC:XAUBTCLong
by Allenvik