|
|
|
Created on: 9/10/2020 5:58:36 PM Last Update: 9/10/2020 6:08:32 PM Posted by: RTT
WARNING: This entry is 403 days old. It may contain broken links, out-dated or misleading content. Please read on with caution.
1 POST
Gold Gann Angle Update
|
 Golds bullish trend has worked well in 2020, so what is next over the immediate 3 to 6 months? Will we continue to see a golden future.
The US dollar had been strong into COVID 19, since then the FED has printing a lot of money, and they are also considering YCC (Yield Curve Control), last seen during WW2. [Note YCC lasted 9 years over WW2. WOW, that is a lot of money printing.]
The FED is now forecast to over take competing central banks balance sheets in size, and the release valve will be a falling US dollar. Therefore we should continue to see the US dollar maintain is slow leak down over the next 3 to 6 month, say on the DXY 82 to 88.
Also, US election worries will add to the weakening of the dollar. Of course extreme chaos in Washington will accelerate the US dollar decline.
The US dollar continues to follow its time cycle (re posting of chart).
Click for popup. Clear your browser cache if image is not showing.
These Gann Angles on gold (GLD ETF) high light the BULL and BEAR plays. If the US dollar continues to fall then the light yellow box should be considered as a target to take profits.
Click for popup. Clear your browser cache if image is not showing.
NOTE: Posts here are the lite version, more depth on each subject can be found via our RTT Plus membership.
Changes in the world is the source of all market moves, to catch and ride the change we believe a combination
of Gann Angles,
Cycles,
Wyckoff and
Ney logic
is the best way to ride the change, after all these methods have been used successfully for 70+ years.
This post is a delayed and small sample of what is avaliable to members. Sign up to enjoy the full service.
NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net
Investing Quote...
.."There were times when my plans went wrong and my stocks did not run true to form, but did the opposite of what they should have done if they had kept up their regard for precedent. But they did not hit me very hard – they couldn’t, with my shoestring margins."...
Jesse Livermore
..."I always believe that prices move first and fundamentals come second"..
Paul Tudor Jones
.."When I bet big .. I have a mind to own a position for years .. Yet you must have a ruthless objectiveness and open mindedness as to when the facts change to exit the position, if so within hours or days .. I have not used a stop loss in 40 years"..
Stanley Druckenmiller
.."The first rule is not to lose. The second rule is not to forget the first rule"
Warren Buffett
..“If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.”..
Bernard Baruch
|
|
|
|
We at readtheticker.com hold the view that a mix of stock chart technical analysis, Richard Wyckoff, William Gann and Jim Hurst methods plus market fundamentals allows the investor to formulate a very sound market opinion. These attributes are mutually inclusive and must be weighted equally before investing or trading in any Stock, ETF, Currency, Bond, Commodity, CFD or Mutual Fund
|
|
 | Pages |
| | 1. Blog Performance Review |
| | 2. List of the best blog posts |
| MostRecent |
|  | Price and Volume Swing Analysis on Bitcoin and Silver |
| | Gold getting ready to move |
| | RTT browsing latest.. |
| | Silver during periods of Industrial Inflation |
|  | China, EverGrand, Gold, Silver (RTT Plus) |
 | Ney(1) |
 | | US Dollar with Ney and Gann Angles |
 | Crypto Currency(18) |
| Central Banks(8) |
| Crisis Watch(9) |
| Wyckoff(2) |
| Cycles(3) |
| Gann(11) |
| Chart Review(11) |
| Browsing(108) |
| RTT TV(15) |
| Sector Watch(25) |
| RTT Tools(43) |
| Wyckoff 2.0(42) |
| Mystery Trader(6) |
| | Elliot Wave within Wyckoff Logic |
| Market Strategy(68) |
| Cycle Review(64) |
| Swing Trade Idea(48) |
| Market Calls(22) |
| Investors(105) |
| | Hidden Pivot Point and Wyckoff logic |
| News(7) |
| Bonds(18) |
| | Higher interest rates for the 2020s (RTT Plus) |
| Metals and Forex(153) |
| Gann Wyckoff Hurst(119) |
| Wall Street(25) |
| Ticker Review(35) |
| Uncategorized(2) |
| Market Review(95) |
| Jokes(28) |
 | Economic(87) |
| | Bubble Watch - Maybe it only just started, Dow 50000 - Update 1 (RTT Plus) |
| | Bubble Watch - Maybe it only just started, Dow 50000 (RTT Plus) |
| | US is bound by these economic rules (RTT Plus) |
| | Dow Jones Utility index could trade like the FANGs |
| | Funds are getting ready to move out of USA |
| | US Economic Review 2019Q4 |
| | Bond Market, Houston we have a problem! |
| 202110(2) |
| 202109(5) |
| 202108(5) |
| 202107(8) |
| 202106(9) |
| 202105(7) |
| 202104(4) |
| 202103(7) |
| 202102(6) |
| 202101(8) |
| 202012(3) |
| 202011(5) |
| 202010(3) |
| 202009(4) |
| 202008(4) |
| 202007(4) |
| 202006(3) |
| 202005(5) |
| 202004(4) |
| 202003(10) |
| 202002(5) |
| 202001(5) |
| 201912(5) |
| 201911(5) |
| 201910(7) |
| 201909(5) |
| 201908(4) |
| 201907(5) |
| 201906(5) |
| 201905(7) |
| 201904(5) |
| 201903(8) |
| 201902(5) |
| 201901(6) |
| 201812(4) |
| 201811(5) |
| 201810(7) |
| 201809(4) |
| 201808(6) |
| 201807(5) |
| 201806(4) |
| 201805(7) |
| 201804(6) |
| 201803(4) |
| 201802(7) |
| 201801(6) |
| 201712(7) |
| 201711(6) |
| 201710(7) |
| 201709(5) |
| 201708(5) |
| 201707(7) |
| 201706(6) |
| 201705(7) |
| 201704(4) |
| | Cycles are present in the Gold Price |
| | Good and Bad Accumulations |
 RSS
Atom
FeedBurner| Email Delivery
Blog Links
Symbols used in blog
AAPL AMZN AORD AUY BA BB BBRY BMRN BMY BTC COP CRUDE DIA DJI DJT DJU DXY ETH EUR FB FCX FXA FXE FXY GDX GDXJ GLD GOOG HL HMY HPR HUI INDU JJC JNJ LTC MCD NCM NEM NFLX OIL PALL QQQ RGLD SBUX SLV SPY SSEC SSRM TLT TNX TRAN TYX UAN URG UTIL VIX XAU XLE XLU
|