IvanLabrie
Mua

XAUUSD: Monthly uptrend started, key levels to watch

FX:XAUUSD   Vàng / Đô la Mỹ
Monthly gold             -0.79% paints a very interesting picture here. The daily and weekly show next week is a decisive week, as there is a chance of breaking a key resistance level that might further validate this uptrend thesis, as gold             -0.79% breaks free of its shackles containing it since the top in July 2016. Positioning is very bullish , as no one is long, and there no inflows into gold             -0.79% miners yet. As soon as money starts pouring in, it will help accelerate up.

Hopefully the ride up is not too bumpy, but if it is, we can always profit from the short term volatility by playing both swing and long term positions simultaneously in our gold             -0.79% miner shares, and CFD/Futures positions. I will only play the long side until we hit 1554-1916.35 and monthly time runs out, but, will be monitoring for opportunities to take add on trades, and bank said trades to reload on subsequent dips, which are likely to manifest themselves if more traders join the fray.

Best of luck,

Ivan.
Bình luận: $XAUUSD confirmed the monthly advance to the targets shown on chart
snapshot

$XAUUSD - Monthly view:
snapshot

We should march higher from here.
Thanks for your analysis.
I have one question why you didnot invest more on silver. As to the xauxag ratio chart, the ratio has reached history high area, and it seems xag will pump even faster.
And technically the xagusd chart seems better.
snapshot
Phản hồi
@nimbus, I'm in both...I just didn't publish silver.
Phản hồi
nimbus PRO IvanLabrie
@IvanLabrie, thanks very much.
Phản hồi
snapshot
bulls will return in February for the dollar
+1 Phản hồi
it will drop, because dollar bullish in 2018
+2 Phản hồi
@popshvt, what's the rationale for that?
Phản hồi
popshvt IvanLabrie
@IvanLabrie, no market will go strait down without pullback, 2018 actually i see some things will good for dollar, the shrinking balance sheet still on shedule, rate hike and tax cut(though long term bad for dollar but the anticipating of these will boost dollar) so my guestimate will be dollar form a right shoulder, also, from wave theory, the down wave should already ended last this Friday, I did expect dollar bouce soon, but lower low still possible, but we are almost at the bottom
Phản hồi
eazywayout popshvt
@popshvt, I agree
Phản hồi
COT report indicates maximum in shorts for both gold and silver. Hence, PM reverse to south.
Phản hồi
fhsk2001 fhsk2001
@fhsk2001, I mean commercial shorts. Please have a look.
Phản hồi
VI Tiếng Việt
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Trang chủ Sàng lọc cổ phiếu Công cụ tìm kiếm tín hiệu Forex Tìm kiếm tín hiệu Cryptocurrency Lịch kinh tế Cách thức hoạt động Tính năng biểu đồ Điều khoản sử dụng Người điều hành Giải pháp Website & Môi giới Widgets Thư viện biểu đồ chứng khoán Yêu cầu tính năng Blog & Tin tức Hỏi đáp Hỗ trợ & Wiki Twitter
Hồ sơ Tùy chỉnh hồ sơ Tài khoản và Tính phí Tickets Hỗ trợ của tôi Liên hệ hỗ trợ Các ý tưởng đã xuất bản Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất