Kursentwicklung bitcoin charts

Gold price is widely followed in financial markets around the world. Gold was the basis of economic capitalism for hundreds of years until the repeal of the Gold standard, kursentwicklung bitcoin charts led to the expansion of a fiat currency system in which paper money doesn’t have an implied backing with any physical form of monetization.

I have to keep this short due to time constraints but notice there is a bullish flag pattern forming that can clearly be seen in the 1 hour and lower time frames. A breakout would push price above today’s highs. I made an about face on my bias of gold yesterday where I flipped from bearish to bullish. This doesn’t mean I am indecisive or have multiple personalities, rather it was due to watching what price was telling me.

Don’t ever be afraid to change your opinion of a setup on a dime. But if it does break , It tends to double the range before it finds support or resistance. In this case , doubling will either lead to anothe support , or another resistance zone. The down-sloping Fork reveilles the most probable path of price. I would not immediately short it but wait for a better tell.

1 Requested the RSI with EMA Signal. A Larry Williams Follower who says it’s a Great Entry Signal when RSI Crosses EMA When VIX Is Showing A Potential Bottom. Waiting For The RSI To Cross The EMA I’ve Found To Be A Very Precise Entry Without Getting In Too Early. At the moment Gold is right on a Strong Support Level and the long-term Bullish Trendline. Bearish volume is very high but those two levels can offer a perfect bouncing spot. As you can see, a doji candle is already creating!

Pay close attention to what price will do the next days and always use volume to confirm every single move! Longing gold here, Z could be over, will evaluate reentering at lower levels, this is long term. Bullish Black Swan pattern Long term trendline support Volume profile support zone Good luck! I’ll post updates as soon as I can or see something strange. I can send link to friends. It offers a good opportunity to sell in gold.

The course is currently oscillating within the specified ranges. Sell high buy low – Never forget! This is all started when I read the article about the Third Dimensional Crypto Cartel manipulating price through futures. After some thought I decided the chart it out. Although I am not convinced of the futures market oppression, the similarities to BTC from all time high are astounding.

Right side of the chart: See how it broke the last time? Then in the middle it pierced the upsloping orange, dotted Pressure-Line. Now, compare it to the actual situation One of my coaches in the earlier days always told me: “Before you cut meat, you must sharpen your knife”. Intro Conditions in stock markets need to unravel soon or at least by the end of this year. Pay attention to the situation in EU and Canada with related markets. Will gold drop below 1300 now or will it keep rising? As I suspected earlier, gold needs one more washout.

Compare the scenario we are in right now to the boxes on the left hand side of the chart. I expect indicators to be intact, or further form a bullish divergence, before the real rally starts. With large speculators blown out, the move should be explosive. Note they key-points of this Descending Triangle. I guess i actually do have free access to futures data now. BTC futures correlation analysis coming soon.

Gold price is widely followed in financial markets around the world. Gold was the basis of economic capitalism for hundreds of years until the repeal of the Gold standard, which led to the expansion of a fiat currency system in which paper money doesn’t have an implied backing with any physical form of monetization. I have to keep this short due to time constraints but notice there is a bullish flag pattern forming that can clearly be seen in the 1 hour and lower time frames. A breakout would push price above today’s highs. I made an about face on my bias of gold yesterday where I flipped from bearish to bullish.