CharterX

2022_07_07 Mr. $XAUUSD

Short
CharterX Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
If you have study or at least have seen how #Parabolic movements in #price occur, you probably understand in which stage we are at 12 Month #chart

If you do so, if you have traded parabolic moves, even more if you were standing against flow ( we never forget when we get ass kicked in a market, been there, and you never forget that movement ), then you would probably understand this next round of images ill share.

Besides price movement, we need to add external factors that are likely to alter the trend. Basics.

We have been living a crisis over crisis in global Economy for too many periods. And actually, that's why gold is at so high and indicators in bigger timeframes ( months, years), are triggering alarms. This is actually for what bankers and wealthy families, elites, have been accumulating gold for so long: For a moment in time where everything gets really f up. And we are surly getting there.

If you believe gold is not going to go down as well at some point in time and that is going up eternally forever, careful.

There are not too many possibilities, on why would happen or could trigger bear market but they sure exist , and its wise to be prepare to multiply situations, specially worst case scenarios. If you own or run a Fund, you know this. Not gonna get into this possibilities over here.

As usually, ill go from bigger timeframes to lower. When i enter any market, i start with a general overview to level the risk according to the period of time i may leave investments.

After i post the next days, ill come back again in 6 months.

Remember that Governments, Bankers, Institutions, Elite Families think in bigger timeframe.

10 / 20 / 30 / 50 / 100 years and and would not be surprised if even more.

For what i have seen though, there are some numbers that repeat as constant. As it would be part of one big algorithm. I could show you hundreds of charts in different timeframes and markets ( stocks, bonds, commodities it doesn't matter ) with same numbers presents in peaks of volume or indicators.

Just a tip, if you would like to dig in. I'm sure you will find those constants.

Ill drop it when i get some free time. Hope it helps out some how.

Personally, short accumulation in range.

Cheers

-CharterX

// Personal ideas and knowledge i have gathered after thousands of hours of study. I share this for free but should not be considered as Financial Advice. Use at your own Risk //
Comment:

I do not discard the possible blow of top in near future, i have that possibility very clear, but there are other reasons to believe, move into the downtrend could come soon

-CharterX

// Personal ideas and knowledge i have gathered after thousands of hours of study. I share this for free but should not be considered as Financial Advice. Use at your own Risk //
Comment:

At 1 Month Chart, we have those Bearish Butterflies used to inflate prices on purpose. Ask the Suit guys.

If you know how a Bearish Butterfly Works, then have fun.

-CharterX

// Personal ideas and knowledge i have gathered after thousands of hours of study. I share this for free but should not be considered as Financial Advice. Use at your own Risk //
Comment:

Add this one as well to the whole thing

-CharterX

// Personal ideas and knowledge i have gathered after thousands of hours of study. I share this for free but should not be considered as Financial Advice. Use at your own Risk //
Comment:

1 Week Chart

Inflection Points

-CharterX

// Personal ideas and knowledge i have gathered after thousands of hours of study. I share this for free but should not be considered as Financial Advice. Use at your own Risk //
Comment:

1 Month Chart

-CharterX

// Personal ideas and knowledge i have gathered after thousands of hours of study. I share this for free but should not be considered as Financial Advice. Use at your own Risk //
Comment:

12 Month Chart

Divergence present. Actually, that same divergence on macd, or movement, you may see it in Btc right now.

Some time ago i made a comparison between gold and btc and published on twitter, and they are very similar, the different is that btc have done it in less time ( that would probably expand in time ), but the movement, behavior if you might want to call it is very similar. So i mentioned that movement on btc could be a reference on what could happen to gold but in bigger timeframe

It have been running very well so far, helped out taking positions on both markets

-CharterX

// Personal ideas and knowledge i have gathered after thousands of hours of study. I share this for free but should not be considered as Financial Advice. Use at your own Risk //
Comment:

Lot of Divergence at 12 Month RSI Present

-CharterX

// Personal ideas and knowledge i have gathered after thousands of hours of study. I share this for free but should not be considered as Financial Advice. Use at your own Risk //
Comment:

Again Divergence with Price present on RSIM

Pattern present, hidden in price.

-CharterX

// Personal ideas and knowledge i have gathered after thousands of hours of study. I share this for free but should not be considered as Financial Advice. Use at your own Risk //
Comment:

Supports and Resistance under RSIM

-CharterX

// Personal ideas and knowledge i have gathered after thousands of hours of study. I share this for free but should not be considered as Financial Advice. Use at your own Risk //
Comment:

-CharterX

// Personal ideas and knowledge i have gathered after thousands of hours of study. I share this for free but should not be considered as Financial Advice. Use at your own Risk //

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