As the momentum is going up (still negative) I think thats the end of flag correction
Double dip confirmed. The channel is 1670 as support/stop and 1760 as resistance. Within the channel I check KAMA (yellow line) for confirmation. 1745 was the KAMA challenge and GOLD closed above on thursday. Friday and week close was slightly below. Next week please check if GOLD can close 2 days above KAMA. Happy trades
SVM is great indicator for silver price. Momentum and strength signals bearish is coming to an end. I’m following Fibo50 level and cross (2days closing above) will confirm. Stay calm for now.
If you are XAU LONG, you’d like to see a Double Dip at 1680. Me too ! I’m long as well :) Anyway we need to see confirmation, 2 closing above 1750! Otherwise I’ll stop at 1670(Fibo50). Happy trades
I’m LONG w Target 2450. Calm above 1980. Stop at 1950. Happy trades.
If you are LONG on ETHUSD, be calm above 1650 (support) and 1550 (stoploss). Happy trades
As GOLD stayed above 1670 (Fibo50), I’m 1LONG. I’ll keep watching 1710 (Support) and 1670 (StopLoss). Gold needs to pass RED line (MOST14/1.5). I’ll be +1LONG above 1765. Happy trades.
I’m sharing a channel. 1) If closing below lower line. Head and shoulders. Down to 42.000. 2) If closing above upper line. Cup and handle. Up to 76.000. For now, if you are LONG, be careful below 55.500. Happy trades.
As ETH comes close to 2000 TOP, I closed my position. A) I need to see min 2 closing above 2000 to open LONG. B) If stays below 2000, I need to see the formation, double top, cup-handle... I’m bullish on ETH, anyway lets STAY CALM and observe 2000. (Note; pls check the formation in yellow circle)
Positive signals for GOLD. Fibo50 support ✅. Uptrend line support ✅. RSI oversold ✅. GOLD starts a critical week. I will wait to see clear confirmation. Stay calm.
ETH is 35% correction and stayed above ichimoku and MA50 supports✅ I’m LONG. I will share my target after 2000 ATH. Happy trades
Support EMA250D. Resistance MA50D and Ichimoku. I marked target levels. Happy trades.
Broke 3 year down-trend line✅. Now targets 12 year down-trend line, which dates back to Nov’09. Target level is pre-covid level, 102.5. Pullback support is at 80. I add US10Y (orange line) , why is US10Y and EuroBanks act corralated? Happy trades
Stayed above EMA250D (11.90) and EMA250W (11.40). Now stronger with Q4 results. I’d like to look at bigger pic. As the vaccination continue we’ll talk about 20 and plus. Happy trades.
Feb dip 8.80 was NOT supported by momentum. As WT turns green, target will be 10.80. ( notes : mid target 1.50usd , long target 2.00usd ) Happy trades
Support EMA250D, Resistance Ichimoku cloud. Simple trade limits. Happy trades.
XBANK closed below 1365 (EMA250D). We need to see two more closing below 1365 to say its broken. Momentum contradicts and RSI is at oversold. What does all mean? There is still good chance that XBANK will keep above 1365. And if it does we’ll talk about trade. Keep calm.
Gold closed below 1760 support. What does it mean? Nothing yet. A single day closing is is not confirmation. It may be bear trap. Observe for two more days. If Gold stays below 1760, next is 1670 Fibo(50%). 1670-1765 was 3 month flat move last april-june, yellow circle. I won’t open new position until I got confirmation. Stay calm.