TradingView
IvanLabrie
9. Mrz. 2015 06:27

Gold is in a downtrend: Mapping support levels 

Silver/U.S. DollarFXCM

Beschreibung

Gold is showing signs of an intermediate term downtrend, whereas silver has no signal of further continuation of the downtrend it began since the commodities boom in 2011.
The Silver/Gold ratio chart also shows an interesting level in effect, and a possible bottom, meaning it might be time to exchange our gold for silver...
As a sidenote, the usdollar/dxy chart is showing possible signs of an uptrend continuation of at least 6 weeks, so it's fairly possible that this forecast will be accurate. Intermediate term dollar strength before any meaningful reversal in gold.
I'll expand this post with a short term gold sell signal as well.
Cheers,
Ivan.
Kommentare
IvanLabrie
IvanLabrie
IvanLabrie
IvanLabrie
IvanLabrie
7 daily bar gold uptrend signal setting up, should hit the 200 dma:

IvanLabrie


Target in force until we retest the mode above. Time and price targets have worked like clockwork before, and I suspect they still will.
jangseohee
the lower triangle and median are the confluence support for silver, should that fails, we go to 14.90 depend on how fast price move
IvanLabrie


This is potentially, the low...can spike a bit more further down, but it does look promising, and stronger than gold vs the dollar.
Mehr