Head and Shoulders - Downtrend continuation , AUD weakness
Are bears back in control? Will Gold finally give us a decent move after Months of Consolidation? AUD and NZD weakness in the forex markets could be a signal to go SHORT GOLD.
Head and Shoulders pattern - Bearish Continuation into 2022
An extra Layer of Information for Gold, Target is 1920-1930
Gold - XAU/USD - Daily Chart - Compression Triangle
Another GBP pair with amazing potential. Multiple Interest rate hikes coming to the US in 2022, will the Bull Market for the stock market in the US come to an end in 2022? What pair do you Short when the Stock Market is Down? CAD/JPY, (RISK OFF) theme in the Forex Markets for 2022? GBP Strength and CAD Weakness throughout 2022 = GBP/CAD LONG
- BOE Raises Interest rates - Daily Ma's Cross to the upside - Daily Inverse Head and Shoulders Staggering Upside Targets!
Strategic Long Term Planning for future trades in Gold. 2 charts, Weekly and Monthly Weekly: BIG FIB from FIB LOW 1445.707 to FIB HIGH 2075.282, 78.6% Retracement Level @ 1594.287 - Weekly 200 EMA @ 1612.040 Monthly: Bearish FIB in play from FIB HIGH 1916.615 to FIB LOW 1677.686 - We Hit 1825-1830 618 Retracement (1825.344) - Rejected Multiple Times, This fib...
Updated Price action on Gold and *Corrected Fibonacci Extensions... .618 Retracement to 1.214 or 1.382 Extension along with the 200 EMA and Long Term Support Trend line
If the strength of the US10yr holds up, Gold could just head lower. MA's Crossing on the Weekly, Weekly Bollinger Bands are squeezing, Rejected Multiple times at the 1830 Level. If the Bearish Fib of the most recent move down is respected, we are going down to 1510-1530. Looks Like a very clear and clean rejection off the 618 FIB @ 1830...It's 1530 or 1930... A...
S&P has some over head resistance in the form of a death cross...Knowing indexes, I think bulls can overcome this and start trading at ATH's by the end of the year, but it can't be ignored
Update on the price action of gold - It seems to be forming a bearish structure ahead of non-farms payroll. The US10YR and the US dollar seem to be working against gold both acting as a double edged sword. If the US dollar weakens, the strength of the US10yr kicks in. Both forces working against a pure bullish run from gold. If due to non farms, it turns nasty,...
SPX500 - Potential Inverse Head and Shoulders, Can equities make a comeback?
I'm Bullish Gold, I think it can make it to 1930, Important Levels on Chart
Same analysis as my previous US DOLLAR post. Expecting a downturn.
Silver has been a harder read than gold... But, if Gold get's to 1930, Silver could also make a recovery. Time will tell if it's capable of making it back to 30-30.6, but that would be a logical target. Keep in mind it is trading below the 21/55/200 EMA's on the Daily Chart (23.190/24.050/24.820) and also trading below the 21/55 EMA's on the Weekly Chart (...