US Dollar index trading at strong weekly support. There is a possibility of a dollar rally off of this support.
Silver rallied ~50%, similar to 2016 bear market run %. Potential ABCD is still in play. Use stops per your risk profile. Risk : potential reward is very attractive ~1:4. DYODD.
HD is back at ATH. Great risk reward ratio here!
Behold the rarely seen "Gold Mushroom"™️ ©️ pattern! Some mushrooms are poisonous! Be careful out here! Always consult with professional mushroom pickers!
Gold miners measured move price target achieved! Short position with risk defined accordingly.
SILVER: potential bearish ABCD pattern. Retrace almost DONE! Define stops according to your risk profile.
POTENTIAL BULL TRAP ALERT! False Breakout in WMT in progress. Long term target 70$/per share. Define your risk accordingly.
Gold in GBP terms reached PRICE and TIME alignment. Speculative short positions look attractive at this intersection.
"For every action, there is an equal and opposite reaction." - Isaac Newton Spectacular bull markets often end with spectacular bear markets! There is a very important alignment in the gold market in terms of PRICE and TIME. If assumptions below are correct then we might be on the verge of the second phase of this spectacular bear market in the precious metals...
"Major top (double) in Aussie gold could be upon us. Rising ascending wedge ( bearish ) pattern in progress." - posted week of 7/11/2016. This analysis/chart was originally published privately on 7/11/2016. Trading view does not allow converting private charts to public. I am re-publishing it here in public now for future reference.
Back test of the break down is over. Time to go down, again?
aussie gold is ready to turn down? break down zone back test in process.