Some of the way I use 382's ( and other things ); Some of the problems with shorting highs and how I handle it.
comparing gold to DXY; potential scaling technique for gold ( probably a little too risky here because of the very bullish three day move higher is the DXY.
What if I told you the dollar will be backed by XRP and XRP will be backed by BTC and BTC backed by gold? would you call me insane? Would you say I should walk away from this space now before I go too far down the rabbit hole? Well its just a conspiracy theory. And that is where it will sit but its kinda not too far-fetched of an idea when you see how this...
Silver and Gold - An example of Correlation and Divergence In this educational post, we discuss the correlation and divergence between Silver and Gold
Do not follow the financial advice of dinosaur gold shills, who are mostly over the age of 65 years and have weakened IQs and memory retention. Please study George Soros' Theory of Reflexivity (inb4 "Soros is evil, Qanon blah blah blah"). Gold only traces inflation because people 'believe' it should trace inflation. Gold has little to no utility in manufacturing...
All waves within triangular consolidation wave B have been completed. Target for wave C down is former low of $15.16
completed pattern. 58 pips move.
Look what happend to silver price durring the Crash in sept 2008 and what happened after. So if economy crashes again what do u think will happen? Govt tools are not exahusted. Never underestimate the powers of govt. Those who rule make the rules
When we look at the chart. We expect a strong rally or fall because of the price action. Price in the same areas so bollinger bands are squeezing. But !!! Look at the chart 17 YEARS LONGGGGGGG Same price action. No move. God. Life time and price is same.. So Stay away from forex and other leveraged and date expiry stuff. IF you wanna buy something. Buy it....