$GDX = Monthly Analysis = 31.07.2021 #gold #GLD #GDX #preciousmetals #investing #trading

The GDX monthly closure neither confirmed nor rejected the downtrend started in June. There is a high possibility of continued decline in August. Let’s explore the hypothesis from different angles. MonthlyThe Bearish Engulfing of June was a very powerful bearish statement. In July, however, gold was not able to produce a candle or combo thatContinue reading “$GDX = Monthly Analysis = 31.07.2021 #gold #GLD #GDX #preciousmetals #investing #trading”

$XAU = Gold: Monthly Analysis = 31.07.2021 #GOLD #preciousmetals $GDX $GLD #XAUUSD #GC_F

Gold has not made a decision about direction in July. It neither confirmed nor rejected the Dark Cloud Cover of June. The odds are still with bears. Let’s explore the hypothesis from different angles. MonthlyIn June gold formed a solid Dark Cloud Cover. In July, it made a rather weak Thrusting Line candle. It managedContinue reading “$XAU = Gold: Monthly Analysis = 31.07.2021 #GOLD #preciousmetals $GDX $GLD #XAUUSD #GC_F”

#Bitcoin = Daily Analysis = 30.07.2021 $BTC #BTC #crypto #cryptocurrency #investing #trading #charts #ElliottWave

$BTC reached the reversal area. EW, candles and indicators suggest that it goes down from here. The most typical pullback – to $34000-36000. Let’s explore the details from various angles. From the weekly forecast on Saturday: “There is a possibility that $BTC makes 4-6 more green days.” $BTC made 10 in total! Now it’s timeContinue reading “#Bitcoin = Daily Analysis = 30.07.2021 $BTC #BTC #crypto #cryptocurrency #investing #trading #charts #ElliottWave”

$XAU = Gold: Daily Analysis = 29.07.2021 #GOLD #preciousmetals $GDX $XAUUSD #XAUUSD $GLD #GC_F

Today gold made a solid first step towards confirming a longer term reversal. Friday will be a critical day for numerous reasons. Let’s explore the hypothesis from different angles. DailyToday gold confirmed a bullish path for the short term. The daily technical indicators flipped bullish – RSI, MACD, PSAR. Price climber over 200 MA. IfContinue reading “$XAU = Gold: Daily Analysis = 29.07.2021 #GOLD #preciousmetals $GDX $XAUUSD #XAUUSD $GLD #GC_F”

#Bitcoin = Daily Analysis = 29.07.2021 $BTC #BTC #crypto #cryptocurrency #investing #trading #charts #ElliottWave

$BTC is approaching the reversal area, likely forming a diagonal. Reversal area – $41000-43500. Timing – next 48 hours. Let’s explore some details. From the weekly forecast on Saturday: “There is a possibility that $BTC makes 4-6 more green days.” $BTC made 8 in total. Check! The Weekly Analysis – link at the end ofContinue reading “#Bitcoin = Daily Analysis = 29.07.2021 $BTC #BTC #crypto #cryptocurrency #investing #trading #charts #ElliottWave”

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