ONE MILLION DOLLARSHey ******* its 2019, one millions dollars isn't a lot of money :D i love goooooooooooooldLongby GannReincarnated2
Gold buy set upEvery wealthy person & government on the planet owns gold as apart of their asset portfolio. That’s all the explanation you’ll ever need for buying gold after breakouts on daily & weekly levels.Longby BillionaireTomBoi5
GLDSystem T Performances: Annual Compound Profit 40%, Win Rate 55%, Risk/Reward Ratio 1:2, 20 Years of Backtesting Data, Over 100 Markets. * Click Like and Follow to Support My Work! --- Hi Traders, I'd like to introduce the System T, a computerized trading system that analyzed and backtested the 20 years history data of over 100 markets. This post is my sharing of how I think about systematic trading and the signals generated by the System T. (This is my opinion only, NOT the financial advice.) I think that for the system to open a trade and manage risk, it only needs a buy signal & a stop-loss signal clearly on the chart. Once the system finds a good trend, it will ride it as long as possible. The stop-loss will be adjusted accordingly to the new price movement. (Remember to follow this trade idea and follow my profile to get updates about the stop-loss adjustment and sell signal based on the latest price and market conditions daily.) System T performances above will give you an idea of how it performs in the last 20 years. Notice that this result was achieved only if I strictly followed the rule: "Only and Always Buy & Sell based on the System Signals". Don't sell when there is no sell signal as we all want to follow the good trends til the end like everything in life does. \(^-^)/ Also, my system is extremely diversified through over 100 markets so that it only risks less than -1% of the total capital per trade. Thank you and good luck! --- DISCLAIMER: I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument. My views are general in nature and I am not giving financial advice. You should not take my opinion as financial advice. This is my opinion only. Do your own due diligence, and take 100% responsibility for your financial decisions. Trading and investing are risky! Don't invest money you can't afford to lose, because many traders and investors lose money. There are no guarantees or certainties in trading. - Content is for education purposes only, not investment advice. - Trading involves a high degree of risk. - We’re not investment or trading advisers. - Nothing we say is a recommendation to buy or sell anything. - There are no guarantees or certainties in trading. - Many traders lose money. Don’t trade with money you can’t afford to lose. Longby System_TUpdated 1
2019 low-highAggressive entry here but we should be alright. The best entry here would be to wait for the time cycles Longby TimeItself3
Gold outlook - weekly chart with fib + elliot wavesThis assumes a moderate recession triggered by brexit and impeachment occursby Asis_4
GOLD TO BE ON A MAJOR UPTREND DISCLAIMER.... NOT AN INVESTING/TRADING RECOMMENDATIONLongby capsule91Updated 337
GLD - Full AnalysisThis is a historical chart of GLD since inception of the ETF. It is my favorite long term chart pattern on the board right now. With markets all over the world making new highs and the almost singular focus on equities, gold is quietly doing some amazing things. If you look at the historical run it had after the 2008 flash crash, it made a methodical climb to its peak. I have marked the impulse legs and the corresponding flags with FIBs that show corrections were never deeper than .5 with half only .382. The current FIBs show a similar pattern emerging. The first earlier in the year to .5 and now we are at .382. Note that the impulse leg that began in June cleared three prior peaks validating the strength of the upcoming move in GLD. MACD after the flash crash stayed above the even line throughout the entire run to the summit. I expect a similar pattern this time. RSI during the run never came down to the bottom of the channel and stayed around 50 during corrections. I expect the same this time around. I believe the macro FIB shows we are doing the work necessary to make it into the .236 red zone. Could we sell off a little more from here...sure can. But I think we are less than $20 away from the beginning of a new move up. Somewhere between FIB .5 and FIB .382 would be a nice place to start. Let's see what next week has in store for us. Happy Veteran's Day out there to all of you that served. Longby BobbySpa5
GLD - Big Picture!We are doing exactly what we should be doing. Consolidating a huge up move. This flag is ten weeks in the making and about five weeks less than the flag that began the most recent breakout. Going back to 2009 and the stair step up to 2011 you can see similar flags of similar duration. I'm not calling a bottom but just want to show that we are doing what we should be doing notwithstanding that we probably would have liked to see another move up. Macro economic conditions have favored equities that last couple months but gold's day to shine is coming. Maybe need a little more oversold and a touch of the 200 day before we head up again. We are at the bottom end of the range of the flag right here and may get a bounce before making another move down. Next week should be interesting. Market making new highs daily but lots of charts looking top and RSI at extreme overbought levels. We shall see. Have great weekend folks.Longby BobbySpa4
GLD - next move?I have this chart marked every which way to Sunday. Still believe that GLD and the precious metal space is due for some kind of rally. It is at an inflection point right now and a hold here would be a good sign. Could use some help from the market too. Everyday making new highs on the same trade story has become debilitating. In any event I do not believe we will see any trading below FIB .382. I follow Rick Ackerman who believes that $1448 on the December Gold contract would be a back up the truck scenario. We don't have to trade there which would be about another $20 or so. Lets see what happens. Last day of the week. Hang in there. Gold's day to shine again is coming.Longby BobbySpa6
GLD - Contained Correction?A little surprised to see this weakness given the constructive price action and technicals over the past week. GLD is down at the bottom end of the channel it has been in for the last 6-8 weeks. For now the correction appears to be contained and the same goes for the miners. Expecting GLD to hold and continue its basing around these levels.by BobbySpa116
GLD $GLD in a massive bull flagWaiting for a weekly breakout from flag will likely use FIB retreacement dsilt candlen close for long signal Longby bullishbearsdan114
GLDSystem T Performances: Annual Compound Profit 40%, Win Rate 55%, Risk Reward 2:1, 20 Years of Backtesting Data! Follow me for my Buy & Sell signals!Longby System_TUpdated 3
GLD - Encouraging!Precious metals perking up. GLD still has a little work to do but in the context of the big picture this looks like it is ready to test resistance. Technology holding up market today with AMZN earnings on tap after the bell. Like MSFT, AMZN shouldn't do anything surprising. One day delivery costs are real and an impact on profits. GLD RSI and MACD looking good. Let's go!Longby BobbySpa5
GLD - correction almost over?GLD looks to be coiling and ready for its next move which I believe is a continuation of the uptrend. GLD has been waffling above and below its 50 day line for some time now in a tight trading range just below $1,500. A decisive break above this level with volume and some follow through is what we are looking for. Miners chart also looks ready to break out. We know don'y buy bottoms but this is getting very very ripe for a trade and sustained up move. Don't forget SLV which has been very stingy giving anything back during the last few weeks of its corrective stage. Longby BobbySpa224
GLD SEMANA 21 - 25 OCTPendiente de rompimiento de triangulo. Confirmar entrada con cruce de MACD en D y cruce de MAs rapidas en D.by TRADEROSCA0
Long GLDLong on gold at the break upward of this blue trend line. I’d rather get it on a pullback to the red line 200sma. Markets falling & other economic factors could easily see gold up to $1700 by next year.Longby BillionaireTomBoi2