ETH, too, will renew its June low. The end of bear market is close.
XauUsd has to break this trend line to give us a bullish sign. A correction is needed before break out.
Wave 5 is almost done. Soon Bitcoin will start rising.
Break of this blue resistance is a bullish sign for gold. And also a sign that dxy topped.
There is a probability silver might test the green box. Thats below 17. There I can be sure XagUsd has bottomed. Overall I’m bullish silver. It will be $90-$100 in 2020s.
Gold/Silver ratio predicts silver should outperform gold. Bearish engulfing candle last month at fibonacci 50%.
I don’t think BTC’s June low can be broken. If so it will be very fake and short. Its a least likely scenario imo. Trend line will break out. October is coming and historically it’s a good month for bitcoin.
AUGBP will breakout soon, very soon. Either GBP will weaken more or Gold will start rising. As my previous post, DXY is close to peak then GBP has bottomed and Gold should start rising. Buy gold. Lets go XAU.
USDX close to a reversal. DXY will peak ~115. This is rising channel. Yesterday i posted that EURUSD will bottom soon.
Looks like EurUsd is close to bottom. EUR should find support close 0.95-0.97.
Great opportunity for long term investing. The formation is bearish too. I think the fed is going to hike by 1%, not 0.75%. Most stocks will sink. 50% fibonacci ratio of logarithmic chart falls slightly below 61.8 ratio of regular chart.
AudUsd close to bottom. Also 61.8 fibonacci level.
Invest more every time price goes down to reduce your average buy. If your average buy price is very close to current market price then your investment will recover faster as soon as uptrend starts.
UsdChf will soon sky rocket to above 1. Swill franc will heavily lose to usd too.
XauUsd is testing 200 W MA. This is a major decision. This could be a reversal point for gold.
Clear Inverse head and shoulders for GBPUSD. If british pound reverses then it can hit 1.7.
I’m bullish on silver. In 3-4 years we will see XagUsd above $100. Buy silver, silver stocks.
I would buy RIOT inside green box. This is a bitcoin mining company and has a 10X (or more) upside potential in the next bull run.