XAGUSD Silver has been a very profitable trade for us at the Sunday open, everything that we have detailed in our previous Silver XAGUSD analysis has unfolded to a T. As I mentioned on the video, I was going to post a link for our other social media but just noticed that it violates the house rules, so I won't post any link here. Make sure you like & follow to...
Silver XAGUSD has been a very profitable trade for us within the month of December where we forecasted a big rally on the back of more stimulus, annual inflation and seasonality. In terms of Silver we have to be extremely careful in our trading and "scale in" instead of going "all in", for next week we are aiming for a quick take profit level of 26.22 and we...
Gold & Silver - Gold finds support at the Fibonacci 50% ratio retracement level. In Gold - The bearish run could end here or gold could progress to the 38.2 % ratio retrace at $1,688. Silver is also at such a key level. Bang on the 61.8% ratio and a classic double bottom pattern resides here for a phenomenally strong confluence of support at this stage. I was...
SILVER looks to be winding up towards the end of the next consolidation period, with a move in the next few days likely. A move up could take us back to $25.50 and a move down could take us to $22 and change. Worth watching over the next few hours.
SILVER is pointing to the US Elections as being the time for a next move. The trends im looking at seem to point to a move down, but the trend is only your friend until the end, and then he’s a heartless scumbag. Which way do you think it will go?
There are some interesting patterns forming in SILVER , mostly pointing to a further downwards movement to come in the short term. Is it a Head and Shoulders pattern? Or a Bear Flag? Or are the market manipulators just toying with us? Get out your tinfoil hats and let me know what you think...
hope you enjoyed ~Bo
All details are on this video Enjoy.
Gold prices are higher in midday trading Monday, but have backed well down from the overnight nearly seven-year high of $1,590.90, basis February Comex gold. Today’s low-range close hints that the gold bulls have run out of gas on a short-term basis and need a rest, or pause. Meantime, silver futures scored a more-than-three-month high of $18.55, basis March...
Here is a video I created last night and forgot to upload. Talking about the YEN, GOLD, SPY
Quick summary of how i usually view the markets. In terms of market movement, i tend to view them as either Ranging or Trending market environments. - Trending environment means that price has a general direction it is heading based on High Time Frames market structures. BULLISH Market structure refers to higher highs and higher lows, while BEARISH Market...
Dotted Horizontal - Key Monthly Level Daily pivot - Acted as resistance and support multiple times H4 Flag - Last H4 consolidation before taking out the highs, significant in my opinion I tend to view price in ranges, help me to better visualise where price is more likely to go. Enjoy and Peace!