IvanLabrie

Gold and Silver: Long term decline 'Time at Mode' analysis

Long
IvanLabrie Mis à jour   
COMEX:GC1!   Contrats à terme sur Or
In this chart I describe the multiple time at mode signals and elements we can extract from price action in gold and silver, in monthly scale.
It's worth noting that there's a possibility of a long term decline reversal, specially evident in the case of gold, where the 17 bar downtrend on chart has failed. Trying to take long positions from lower timeframes will be a sound strategy going forward.
I'll update this chart once we can confirm that the downtrends have in fact reversed. For the time being, being cautious, one can profit from daily, 3-day and weekly swings without much problem. Excellent activity and results during this 2016 that just began.

Cheers,

Ivan Labrie
Time at Mode FX
Commentaire:
As soon as gold breaks above 1282, we could expect the uptrend to accelerate up.
I'm monitoring it closely, finding the right spot to go long will be extremely benefitial.
Commentaire:
Seems like we have chances to long gold and silver lower, looking for the entry.
Silver close to 15, gold near 1190, or 1155.

🔒Want to dive deeper? Check out my paid services below🔒

ivanlabrie.substack.com/
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.