Buying Digitized Gold Long

PAX Gold / TetherUSBinance

Descrizione

⋅ 20 gen 2021 20:26

BTC whales appear to be booking some profits, so test of support is the likely outcome.

While BTC retraces, Gold and Silver look great from here. So let's see how digital Gold performs during the next week or so.

System picture:

Biden is in, Reset proceeds after those scary moments on the 6th :)

Reset Note:

The Banks are in trouble.

Commento

⋅ 21 gen 2021 22:13

Reset Note:

Putrid has been added to International Sanctions Lists, not sure why :)

Beyond Technical Analysis Fundamental Analysis

Commenti

augustL

⋅ 26 gen 2021 15:16

maybe a dip down to 18-1790 first?

Putrid_Shittgenstein

⋅ 26 gen 2021 16:30

@augustL,

Looking at GLD:

Very strong support at 1800; so probability of that breaking is nearly zero because we've now printed a higher low on the daily TF. Probability of a retest of 1800? Yes, it's there but looks like we attack the resistance soon:

Silver looks more bullish than GLD.

PAXG seems to front-run GLD, so if 1950$ GLD is broken then PAXG should shoot up to 2,200S immediately.

Altro