Gold-stocks
CHINA FLU IS FAKE NEWS! BUY THE MARKETS..READ WHY..!Folks, and our followers...
The Chinese flue is "FAKE NEWS" only meant to cast a shadow over the BOOMING USA Economy and scare the public around the world...!
The SICK Liberals and Dirty Democrats want the USA stock market and stock markets around the world to crash and the USA economy to sink! These people are SICK..!!!
The real statistics you need to know about before selling into this FAKE NEWS China Flu Scam ...
Each year, over 600,000 people die from the FLU...
In 2018 alone, over 80,000 people died from the FLU...
Did we see the market crash in 2018..? NO NO NO..!!!
As of this post, there are ONLY 8 CASES of the dirty China flue in the USA...The FAKE NEWS continues their SICK agenda to try and crash the USA Economy before the 2020 election...!!!
CDC Link...
www.cdc.gov
Public Companies are reporting ROBUST Revenues and Profits, the China Flue is a SCAM...!
BUY THE DIPS BECAUSE UNTIL WE SEE THE DEATH TOLL IN THE USA COME CLOSE, OR PASS 60,000 TO 80,000 DEATHS FROM THE CHINA FLUE, IT'S FAKE NEWS!!!
DO NOT LET THE FAKE NEWS SCARE YOU INTO SELLING.
BUY BUY BUY
PETER SCHIFF IS RIGHT ABOUT GOLDGold chart looks stupid bullish. 6 Year accumulation. Pumped to a monthly level accumulated above it, and we already tested monthly resistance. Close over the monthly resistance will start the bull market.
watching gold as a leading indicator in this current climatethe similarities are so close to bitcoin that one cannot ignore its price action.
breaking up out the symmetrical after having major bear divergence is either something we may see some impact of soon or it gets swept under the rug and continues, from TA it most certainly has to close back inside but who knows with this world ;-)
ScriptA been long for a long time and cloud is thinning out so lets see. Want to use the scripts visit tradingscripts.best
MATIC/USD UPDATE | Simple Pattern MovementGood morning traders,
I have many people wondering what the next move with Matic is...
Matic is sitting in a Bearish Pennant, as I mentioned before we would see one more retest of channel resistance. A target at 1589 Sats is still valid, with a re-entry after breakout. I will update this farther with the BTC/Matic Pair, but at times like this you should be prepared for quick movement and should have your orders set prior.
Matic is still a go
Dotcom Jack
Always do your own research prior to investing!
How I trade? My Trading Portfolio!I made a poll asking traders this simple question: "Let’s imagine - you have 10 000USD capital for trading or investing. How will you manage this sum?"
with the options like:
- I will trade in Forex
- I will trade/invest in Stocks
- I will trade/invest in Crypto
- I will split my capital among different markets!
I’m very glad that 33% of traders picked the 4th option. They understand that trading in different markets provides more opportunities and lower risks. Of course, it is possible to trade only in Forex, Stock, or Crypto markets. But the diversification plays a very important role in trading.
I would like to share with you my portfolio and shortly explain how I trade in different markets.
I use auto trading (trading robots and copy trading) for Forex. This market is very good for auto trading because of good and cheap infrastructure. I started from Forex, but now I don't like it too much. It is not so good and simple for manual trading. It takes a lot of time and effort to search trading opportunities and monitor markets which are available 24/5. Robots and copy trading allow me to get trades in auto mode, and I don't need to spend time for active trading. Some interesting trades for the long run, yes. But day trading in Forex - no, thank you!
I invest in Crypto. This market was too good for active trading in 2017. It became not so good for trading in 2018. In 2019 it provided amazing buy opportunities for long term trading. Crypo is also a rather manipulated market, and I would like to use high timeframes to avoid weird movements.
Stocks trading is my love. I tried before trading stocks with CFD. But the real stock trading it is really another planet. I started trading in the real stock exchanges several months ago, and I think it is the best place for manual trading. There are thousands of markets where you can trade using different trading strategies, approaches, and styles.
Maybe you think it takes too much time for trading in several markets.
If you plan your work properly, if you combine different tools and trading styles - it is possible to trade in different markets even if you are busy.
I have a lot of work, but in spite of this fact, I could create a portfolio based on different markets and involve all tools which help me to manage this portfolio in a simple way.
Such an approach allows me to make my trading stable, and I don't risk too much. If the crypto market becomes boring, I don't care. I have trading opportunities in Forex and Stocks. If in Forex I face with drawdowns, I also don't care. I have crypto with good trades for the long run and Stocks where I use medium and long term trading.
I have the variant of the portfolio, which provides me everything I need for successful and stable trading in the long run.
And what about you? Please share your variant of portfolios in comments below this post.
XauUsd (Gold) H4Zone = Entry
Red Horizontal Line = Resistance (No Entry)
Blue Horizontal Line = Support (No Entry)
SnR can Break anytime. But need to Remember where to Entry.
Don't Gready, be Patient.Stay focus.
and Trade at you Own Risk.
TF = H1 / H4 doesn't matter. as long as price inside zone then entry.
Good Luck.
"Money Management is the key"
Long GLDLong on gold at the break upward of this blue trend line. I’d rather get it on a pullback to the red line 200sma. Markets falling & other economic factors could easily see gold up to $1700 by next year.
LTC/BTC long scalpLTC/BTC long scalp
falling wedge
MACD oversold curling upwards
.786 area hit for downtrend
looking for a pullback but unsure of bullish trend continuation.
-CryptoSuf
The lions Den
BTC/USD symmetrical triangle complete - Bullish move next Lower highs
Higher lows.
ABCDE counted
all sub-waves counted
volume matches a symmetrical triangle
now we need the breakout.
we are already in from wave C
but if you want to get in right here would be a great time. (current price is $11,685) with SL under wave C ($11,450)
USAU - Trend In TACT DESPITE MARKET DROPU.S. Gold Corp., formerly Dataram Corporation, is a United States focused gold exploration and development company. The Company operates projects in Nevada and Wyoming. The Company’s projects include Keystone, Gold Gold Bar North and Copper King. Keystone is located on the prolific Cortez Gold Trend mineral trends. Gold Bar North is a gold exploration property located in Eureka County, Nevada. Copper King project is an advanced-stage gold and copper exploration and development project located in southeast Wyoming, 20 miles west of Cheyenne.
Average Recommendation: BUY
Average Target Price: 2.3
P/E Current
-2.41
P/E Ratio (with extraordinary items)
-2.59
SHORT INTEREST
596.19K 07/15/19
ETH/USD - LONG swing trade signal - inverted H&S CALL: Long Swing
ENTRY - $210 - $200
STOP LOSS - $194
TAKE PROFIT - $280 - $310
LEVERAGE - 3-5X
will post more updates in my group
Premier Gold Mines Ltd. - $PG.TO / $PIRGF Rounding BottomAfter recapturing its 200 DMA last month (May), Premier Gold Mines Ltd. $PG.TO / $PIRGF has continued to grind higher trading above all of its important moving averages (20/50/200 DMA's) and now finds itself rapidly approaching and important inflection point.
In addition to appearing to have put in a double-bottom at the $1.40 level on the Weekly time-frame, we can also observe from the Daily chart above that $PG.TO also appears to be carving-out a rounding bottom.
Nevertheless, the action remains constructive from a technical point of view as the stock continues to display favorable characteristics.
Moving forward, both investors/traders may want to keep a close eye on the $2.15 level and important inflection point as well as potential short-term resistance. Should $PG.TO be capable of going topside and clearing the hurdle at any point in the days/weeks ahead, such development would likely trigger its next advance into the $2.40/$2.50 zone with a secondary potential objective residing in the $2.60- $2.80 area.
Thus, both investors/traders may want to continue to monitor the action closely moving forward for a potential break into higher ground.
XGD just starting or correction first?Aussie gold stocks have moved with the latest spike in gold. But the RSI and MACD indicators are screaming overbought already, just three days in to what seems to be a revived bull run in the precious metal!
A pullback in the overnight (Australian time) Comex gold futures will do the trick.
What is impressive about this take-off in gold is that it does not appear to be dollar-driven.
DXY is still in bullish mode with positive MACD and no early sign of a top at the time of writing.
Bullish on gold?I'm not quite sure about that gap but this one seems like a good one to go long on, can be seen by the good volume.
Gold Bulls Await A Sustained Move Beyond $1288/1295 supply zone Fundamental View :
===================
1. The precious metal lacked any firm directional bias on Tuesday, albeit continued showing some resilience below 200-hour SMA amid the prevailing risk-off environment.
2. Oscillators on hourly charts have been gaining positive traction and also recovered from the negative territory on the daily chart, supporting prospects for additional gains.
3. However, traders are more likely to wait for a sustained move beyond the $1287-88 supply zone before positioning for a move towards the key $1300 psychological mark.
4. Meanwhile, a decisive break below the mentioned support, around the $1280 region, might negate the constructive set-up and trigger some aggressive technical selling.
China increased its gold holdings for the fifth consecutive month in April, the People's Bank of China said on Tuesday, according to Xinhua News Agency.
Gold reserves rose by 480,000 ounces month on month to 61.1 million ounces in April. Despite the uptick, gold reserves still make up a small percentage of China's massive reserves of more than three trillion US Dollars.
The yellow metal is currently trading at $1,287 per Oz, the highest level since May 1.
And other side May 9th USD Important news is PPI and Fed Chair Powell Speaks . So dollar can be a bit stronger. 1300 is strong resistance area in Gold So Gold can be dropped by this level test.
The bullion is yet to cross $1288/90 resistance area comprising 38.2% Fibonacci retracement of March – April drop and highs marked since mid-April.
Meanwhile, an upside clearance of $1290 can trigger the prices increase to $1300 with $1297 being an intermediate halt.
Also, 61.8% Fibonacci retracement near $1302 and April month top near $1311 could become buyers’ favorites beyond $1300.
Technical View:
==============
Daily SMA100 1294.3
Daily SMA200 1253.94
Previous Weekly High 1288
Previous Weekly Low 1266.35
Previous Monthly High 1310.7
Previous Monthly Low 1265.6
Daily Fibonacci 38.2% 1280.44
Daily Fibonacci 61.8% 1282.51
Gold Technical Analysis: Touch 1264/1260 Level GOLD Breakout 1270 level now touch 4 month low support zone. gold breakout daily 200 ma 1274 level and GOLD touch another support zone weekly 200 ma and 100 ma 1265 level break this then touch 1260 level .
*** So GOLD buy position is 1258/1250 Area this the best opportunity for buy GOLD target 1274 / 1284 level .
News:
======
1. Wednesday’s not so dovish FOMC statement continues to weigh on the commodity.
2. US-China trade optimism dents safe-haven demand and adds to the bearish pressure.
3. A subdued USD price action does little to lend any support or stall the ongoing slide.
4. Falls to over 1-week lows, further slide to $1260 area now looks a distinct possibility
5. Meanwhile, the overnight slide confirmed a bearish break through an important $1278 horizontal support and hence, the ongoing downfall could further be attributed to some fresh technical selling.
Technical View:
==============
Pivot (invalidation): 1278.00
Our preference:
Short positions below 1265.00 with targets at 1260.00 & 1250.00 in extension.
Alternative scenario:
Above 1278.00 look for further upside with 1280.00 & 1284.00 as targets
Daily SMA100 1293.27
Daily SMA200 1252.88
Previous Weekly High 1288.75
Previous Weekly Low 1265.6
Previous Monthly High 1310.7
Previous Monthly Low 1265.6
Daily Fibonacci 38.2% 1278.73
Daily Fibonacci 61.8% 1281.96
Daily Pivot Point S1 1270.6
Daily Pivot Point S2 1265.21
Daily Pivot Point S3 1256.91
Sum up of Gold and Intermarket analysis of April-2019April 2019 is coming to an end so I want to sum up the current market situation so far.
From the 4 assets classes chart below...
Two asset classes are approaching resistance.
The currency TVC:DXY has rally last week and now is approaching the resistance.
Also, AMEX:SPY is almost at its all time high and long term resistance at around 3000 (also a psychological point).
The opposite is seen in commodity and bonds
TVC:TRJEFFCRB has broken through its long term resistance and now is on the way to test the broken trend line.
We can see the same situation here for 10 year T-Note CBOE:TNX
Now, let's look at S&P500 here.
We are almost at the all time high which is also a long term resistance and 2.618 fib of 2009 decline.
Are we going to rip right through the overhead supply?
Or will the market reverse like when the exact same situation that happened in 2000 when we reach 2.618 fib of 1998 decline?
Only time will tell.
But by the behaviour of Bonds and Commodity that is evident on the chart, it looks like investors are concerned and starting to move into these assets.
Since we see a break out in commodity, let's talk about Gold AMEX:GLD
Relative performance of Gold vs Dollar
It's very clear that we are on the trading range here and soon we will see a break out in some direction. Right now we are above 200 days MA.
Relative performance of Gold and S&P500
Something is going on here!
We can see that this is the first time since 2012 that we finally see the yellow metal outperform the S&P500. If the relative performance can stand above the broken resistance, and at the same time, when currency and S&P500 are approaching key resistance, we may see a significant move to the upside.
Only time will tell and I think it will be soon.
Let's go back to 2007.
I can see the similarity here.
In term of absolute performance of GOLD
We have, again, broke down from support and a head and shoulder pattern at 1290 usd. In upcoming days we might see a rebound to test the neck line at 1290.
It is a weird looking head and shoulder pattern, and when everyone thinks it is a crystal clear, textbook H&S (which appear to be so given the volume profile where people are waiting to sell at rebound to the neck line at 1290 and waiting to buy at 1230 which is a target of H&S), it could fail miserably.
Clear pattern often fail! So be careful!
But, what if it is not a head and shoulder like everybody think?
Let's look at alternative scenario below.
This is a scenario that could happen given the structure of the supposed falling wedge here, and also an elliot wave count.
It is always good to have alternative plan in mind and be flexible in trading.
I think FOMC meeting next month would give a clearer movement direction. So, let's see what will happen.
My TOP 10 Posts! Must Reads for Beginner Traders!I wrote more than 1200 posts in TradingView. The majority of them are trading ideas and market overviews. Even if they helped you to make tons of profit, I think their value is much lower than the few educational posts I published.
I am a person who believes that knowledge and experience are the main elements of success. No matter in which field, if you know what to do and if you have experience - one day you will reach your goal.
Trading signals are just one tool which can't make you a successful trader if you don't have knowledge and experience.
I would like to collect all my best posts in this one, just in order to tell one more time to novice traders the which are the important things in trading. You can read my best posts, of course from my point of view. I did the best for adding value to this community. And I hope the real value, from my side, can be seen in these posts.
This is Why Beginner Traders Lose Their Capital – 1. No Strategy
This is Why Beginner Traders Lose Their Capital – 2. Risk/Reward
This is Why Beginner Traders Lose Their Capital – 3.Trade Volume
This is Why Beginner Traders Lose Their Capital – 4.Overactivity
WHEN CAN YOU START TRADING FOR A LIVING?
90% of Traders Lose Their Money! Do You Really Want to Succeed?
The Key Elements to Succeed in The Financial Markets
Trading Signals Won’t Make You Rich!
Trading Signals Won’t Make You Rich!
Spoiled Community and How to Become Successful
Good luck in your journey in the financial markets!
nothinnothing on forex nothing on metals.. some stocks ready to run but wont... I feel tempted to sell decay, but sometimes is better to not do something...
