Quarterly log chart for $XAUCAD. Super simple... and other than $XAUUSD... they almost all look lik this. Crystall ball in your hands when you look at other currenciesmeasured in gold. You realize when you aren't back by a stroe of value.. you are valueless! Fiats going to zero is baked in the system. Enjoy! #patience #gold #silver $slv $gld #fintwit $sil $silj...
- Price gold in uptrend from Jan-Mar, then consolidate, create resistance at $2018.45 - next uptrend Mar-Jun, even though the volume is high and the under-candle-leg longer than body-candle, test resistance and break celling price. - significant uptrend from Jun- Au: + Narrow Bollinger band + candle short-leg +RSI overbuy PREDICT: - price in uptrend, then it...
For my Canadian follower, Sill your real estate and do not wait for the the 6 months deferral to end, Market will crush. Put your money into gold
not too familiar with the chart tools but silver makes quick moves to catch up to gold. It would be nice if retail price went down a bit, but $30 CAD is still relatively cheap.
bears are now asking for a permission to push the market down from the bulls
Late Jan 2020 you might find a great buy in gold. Snp500 will most likely rally through dec and early January. I’m looking to pick up another 5 oz then. Cad will fall against gold in 2020
Very clean breakout and consolidation above the previous highs, some nice fib extensions around $2300 as a target. Potential support resistance within the broadening wedge.
XAUCAD was overbrought, possible breakdown?
If you follow my work, you know that I am very bullish on Gold (and Silver) and Bitcoin will also initially be doing well. As a student of the markets, history and economics, I approach everything through the lens of classical economics as opposed to mercantile economics, today called Keynesian economics. Classical economics is about hard money and low taxes,...
Loading up - finally getting a bit of a break in the downward structure. Could have a nice move intraday early next week to break out of this week's high. The higher price closes into this week's high the better. Not looking for much a retracement next week before it takes out next week's high OANDA:XAUCAD
Canadians should buy gold. One thing for sure is Dustin True-Dough will continue to destroy the canadian economy with his "carbon tax" until the canadian economy is a shell of it's former self. Welcome to socialism! While most enjoy their own destruction, the only hope the canadian people have is aquiring gold at it's cheap current price. Unfortunatley less than...
short on 123 H4 sell stop: 17.36500 SL : 1749 PT 1652