G'Day traders,
Master Key for zones
Risk Warning
Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence.
Monthly zones
These zones have been highlighted due to the imbalance showing a strong pivotal reversion point where price has upon a overall pattern impulse, correction impulse - similar to Elliot Wave Theory but on a larger time frame.
The monthly wicks also highlight a great opportunity where the imbalance is strongest within the wick zones, in the past, there are multiple levels of imbalances as highlighted clearly in the blue zone.
The main focus of the monthly imbalances is if price fails to create nd establish higher lows, then the trend is up and right moving - adding positions using a risk-adjusted DCA method for opening smaller positions upon confirmation.
(Now CP from here on).
Where Buying upon a CP level is clear is based upon two factors;
1. Time
2. Understanding the levels from a departure level be it buying/selling imbalance.
The departure level is hardest part to predict, so ideally it's best not to - which why zones are drawn especially where all time highs or new tops exist.
However, with reference to the chart below - Drop Base Drop or DBD from now on. to a CP level is clear on the timeframe below.
Weekly Chart
We are now on our way from the buying imbalance against XAU
Expect at the present time where XAU and XAG will tail off, but establish a pivot from the Rally Base Rally -on the lower timeframes, price has shown the Rally (impulse), now looking to form the corrective base (imbalance) and then continue the next Rally (impulse).
Over a two and a half/three year chart, this is now evident in the case of Silver.
The weekly chart is showing at present a squeeze, where price of XAG is creating lower lows, but now using the CP levels in conjunction with the monthly chart, a clear range is present.
However, from this clear range - price has departed the imbalance and will now create bullish moves up to weekly pivot levels based around $27.7-28.6.
From a smaller brief outlook, price has created an internal correction where price has now tested the 'pink' infinity line as a net imbalance test of the probable low.
review Fig.1
The Original levels for XAG - as an upper imbalance have not been utilized, so a bullish probability is heavy as opposed to the upside is very much present.
Price will become bearish - below a break of $24, which correlates to the break of the 'infinite trendline'.
Short term Analysis:
Using the daily chart.
Price has experience a Bullish rally, and now currently price has broken the steep line and will look to pivot to retest the 'daily wick low' and from here created a base, before the next impulse.
The current price will now consolidate but will add a position where a clear pivot and confirmation is offered. For example $24.20
Refer to the chart to see the clear trend break and overall view of the Imbalances at work.
XAUXAG Monthly
Both of these charts, highlight the Original levels or even the fresh level at the very top of the Departure. With imbalances, price will always retest the critical zones.
XAU/XAG weekly
This is a smaller timeframe, but what can be analysed from the take away here is a simple three level of profit taking whereby price will move towards these levels as these are fresh levels at current with no retest.
Tracking here:
Here the chart simply tracks the strength of XAU & XAG a like, along with the DOW correlate to XAU.
This is a long term tracking and will be used in the future, but with updated analysis upon a new chart to give a fresh perspective.
DOW/GOLD
Overall the 1999-2008 period, showed that Gold was the true investment to hold as opposed to the DOW returns. Now majority of investors cannot directly invest into the Dow Jones, however can through CFD or through alternate arrangements.
The overall concept here of this chart, shows the equity market in comparison to the 'inflation hedge and store of value'. So gold here has shown its solidarity and store of value is clear.
The chart presents the supply and demand correlation. The long term price channel shows a downtrend of the 'top' of the Dow/Gold, look to the Yield curve to see the aggressively flattening curve.
Both charts are clear in terms of the analysis.
By understand the supply and demand, and imbalances. The charts here can represent a case for metals to out perform.
Price is in a downward price channel
Prices have clear fresh and original price levels
The departure of price has left the current imbalance and will look to the next low or a distal point before buying becomes clear. During these scenarios DBD are presentable.
Monthly chart with previous example back in 1999 to 2008 Gold outperform the Stock market (DJI)
Weekly
Master Key for zones
- Red = Three Month
- Blue = Monthly
- Purple = weekly
- Scarlet - Four day
- Orange = Daily
Risk Warning
Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence.
Monthly zones
These zones have been highlighted due to the imbalance showing a strong pivotal reversion point where price has upon a overall pattern impulse, correction impulse - similar to Elliot Wave Theory but on a larger time frame.
The monthly wicks also highlight a great opportunity where the imbalance is strongest within the wick zones, in the past, there are multiple levels of imbalances as highlighted clearly in the blue zone.
The main focus of the monthly imbalances is if price fails to create nd establish higher lows, then the trend is up and right moving - adding positions using a risk-adjusted DCA method for opening smaller positions upon confirmation.
(Now CP from here on).
Where Buying upon a CP level is clear is based upon two factors;
1. Time
2. Understanding the levels from a departure level be it buying/selling imbalance.
The departure level is hardest part to predict, so ideally it's best not to - which why zones are drawn especially where all time highs or new tops exist.
However, with reference to the chart below - Drop Base Drop or DBD from now on. to a CP level is clear on the timeframe below.
Weekly Chart
We are now on our way from the buying imbalance against XAU
Expect at the present time where XAU and XAG will tail off, but establish a pivot from the Rally Base Rally -on the lower timeframes, price has shown the Rally (impulse), now looking to form the corrective base (imbalance) and then continue the next Rally (impulse).
Over a two and a half/three year chart, this is now evident in the case of Silver.
The weekly chart is showing at present a squeeze, where price of XAG is creating lower lows, but now using the CP levels in conjunction with the monthly chart, a clear range is present.
However, from this clear range - price has departed the imbalance and will now create bullish moves up to weekly pivot levels based around $27.7-28.6.
From a smaller brief outlook, price has created an internal correction where price has now tested the 'pink' infinity line as a net imbalance test of the probable low.
review Fig.1
The Original levels for XAG - as an upper imbalance have not been utilized, so a bullish probability is heavy as opposed to the upside is very much present.
Price will become bearish - below a break of $24, which correlates to the break of the 'infinite trendline'.
Short term Analysis:
Using the daily chart.
Price has experience a Bullish rally, and now currently price has broken the steep line and will look to pivot to retest the 'daily wick low' and from here created a base, before the next impulse.
The current price will now consolidate but will add a position where a clear pivot and confirmation is offered. For example $24.20
Refer to the chart to see the clear trend break and overall view of the Imbalances at work.
XAUXAG Monthly
Both of these charts, highlight the Original levels or even the fresh level at the very top of the Departure. With imbalances, price will always retest the critical zones.
XAU/XAG weekly
This is a smaller timeframe, but what can be analysed from the take away here is a simple three level of profit taking whereby price will move towards these levels as these are fresh levels at current with no retest.
Tracking here:
Here the chart simply tracks the strength of XAU & XAG a like, along with the DOW correlate to XAU.
This is a long term tracking and will be used in the future, but with updated analysis upon a new chart to give a fresh perspective.
DOW/GOLD
Overall the 1999-2008 period, showed that Gold was the true investment to hold as opposed to the DOW returns. Now majority of investors cannot directly invest into the Dow Jones, however can through CFD or through alternate arrangements.
The overall concept here of this chart, shows the equity market in comparison to the 'inflation hedge and store of value'. So gold here has shown its solidarity and store of value is clear.
The chart presents the supply and demand correlation. The long term price channel shows a downtrend of the 'top' of the Dow/Gold, look to the Yield curve to see the aggressively flattening curve.
Both charts are clear in terms of the analysis.
By understand the supply and demand, and imbalances. The charts here can represent a case for metals to out perform.
Price is in a downward price channel
Prices have clear fresh and original price levels
The departure of price has left the current imbalance and will look to the next low or a distal point before buying becomes clear. During these scenarios DBD are presentable.
Monthly chart with previous example back in 1999 to 2008 Gold outperform the Stock market (DJI)
Weekly
