Throughout the ages, the allure of rare and captivating metals like gold, silver, platinum, and palladium has remained unwavering. Their scarcity, exquisite aesthetics, and enduring nature have made them objects of desire. While these metals are commonly associated with ornamental jewelry, their utility extends far beyond adornment, finding applications in various...
Hey traders today I wanted to go over the best Seasonal Patterns in the Gold & Silver Futures Market. Gold & Silver and other precious metal markets follow an annual reliable seasonal pattern due to supply and demand . Knowing when to find these seasonal market patterns on your charts can really benefit us in our trading.
Enjoy!
Trade Well,
Clifford
Today we will take a look at XAUUSD. I really like this asset to trade because of the consistent trends it provides, which are great for swing traders.
When you are executing a swing strategy , the main thing is avoiding choppy conditions and increasing the odds of developing setups on situations where you may observe clean trends from point A to point B.
In...
$1690 is critical for gold to hold. Should it close below that level (marked by the Red Indicator line), we will think of shorting gold.
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How to understand price action.
It is very easy to read price action if you have a reference point. These support/resistance lines are there to help you read where the buyers and sellers are likely to make a stand.
You...
It all started with gold prices falling in 2018, and after a while, I started looking for potential opportunities in Gold. What followed was a long time friend by the same namesake suddenly popped up to ask for my opinion specifically about gold... and this was two years ago today, short of a few days, in mid-August 2018 (see chart by zooming out).
Since then, the...
What is High Net Worth Investing?
In order to understand what high net worth investing is, you need to understand what a high net worth individual (HNWI) is.
A high net worth individual, as the name suggests, is a wealthy individual with at least $1 million in liquid financial assets.
In the financial industry, the high net worth status is based on how a bank...
"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust." - Satoshi Nakamoto
1. Accepted
Government Fiats (Majors): 10/10. Businesses are required by law to accept the country currency, and...
Gold, denominated in Chinese yuan (CNY) has really made the grade.
10,000 yuan per ounce looks like firm resistance; so suggestion is the price has to be juiced into some lower floors.
