a few patterns on different tf together, execution upcoming
and Yet this move is far from over My final log target is still 8000 points away. We are witnessing #Fiat melt away in front of our eyes. Are you actually making money is the real question? #gold #silver #bitcoin
Introduction - By popular demand, Binary Forecasting Service's trend engine has second adjustment to 2340 schedule to finish this series the right way. Originally called for Monday 03/18, to account for retracing/profit-taking, the short-term trend followers are relentless and refuse to allow gold a retrace bigger than 20 points since 1983 on Valentine's Day. ...
Looking at the chart of SILVER right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️
Introduction - With the break of 102.50, Binary Forecasting Service's trend engine signals that the Dollar Index is in waterfall mode. This super bearish trend signal is screaming that DX will hit AT LEAST 97.75 in seven trading days by 03/19. The implications of THIS GIANT MOVE in the index has wide reaching implications for the entire global market. Details -...
We had a nice week for gold and silver. Both rallied higher as DXY fell and reached below 103. The level that we have been waiting for in the past weeks. Now that DXY had a nice weakly bearish candle closing below 103, what should we expect for gold and silver? Would this rally continue this week as well? I don't know. I'm just enjoying the ride. However, there...
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Silver (XAGUSD) almost reached the 25.000 Target that we set almost a month ago (February 15, see chart below) but as it seems to fail to touch the 0.786 Fibonacci level, it is time to take the profit earlier and turn bearish: At least this is what took place on July 20 2023, a rejection that started wave (e-f) back inside the High Volatility Zone that...
AMD looks like it still has a lot more steam left. More so than NVIDIA. If I was holding NVIDIA I would sell and put it into AMD probably now. I see a move up into the $600 range, hard telling what a top would be but that rising channel resistance will probably hold. Once rejected off that resistance itll be a slow and steady decline back down to double...
✏️By examining the trend in the four-hour time frame, silver, having the resistance of $24.58, can decrease to the support interval in the range of $23.55-23.35, and then, provided it is maintained, it can set itself up for a rise again to the resistance. 25.54 in order to complete the descending Bearish Bat harmonic pattern to prepare.⚔️
Silver is at a critical point in it's chart. With gold breaking to new highs, Silver has underperformed but has rallied alongside the yellow metal. Now we are at a critical stage that can see silver breakout of its flag and continue it's bull trend. The indicator that I love to look for longer-duration breakouts is the slow stochastics, specifically, when it...
Hello,Traders! SILVER has retested the Horizontal resistance of 24.6$ From where we are already seeing A bearish reaction so I think That we will see a further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
HELLO TRADERS As we can see silver hit out TP-2 on buying idea which we had updated in our channel this level we expected a retrace till 23$ and then up to the buying levels as we had perdition in our buying idea Friends its just a trade idea share Ur thoughts with us Stay Tuned for more updates
HELLO TRADERS As I can see Silver is testing now a strong support level which is a great entry zone for buying here. Silver is still not moved as like gold and other commodities has done, we expected this pair will move till design levels and this is a best zone with a very low risk and higher rewards let's see what markets bring to us. Charts always...
Silver Future Weekly chart forming Ascending Triangle Pattern waiting for breakout.. it will make new high so buy silverbees to invest buy every dip..
Introduction - This continues from notes in DRAFT 2 published a few hours ago. Details - See previous drafts/posts for details.
Introduction - Price decided to follow route for DRAFT 0 instead of DRAFT 1 for NFP. Not only that, we can't get a 2% correction for profit taking. So the only route left, with so little time left involves 2215 high Sunday night, 2165 Monday check down, gearing up for CPI by Tuesday AM and 2340 by Wednesday morning. Details - See previous drafts for how we got here.
presented chart says it all i wanted to write... enjoy the ride ;)