PHLX Gold/Silver Sector Index – Intraday Scratches on the Precious Metals Glass…

PHLX Gold/Silver Sector Index  –  All Time on ATA Research Radar 

 

ATA Continuation of…

Last

24.08.2019 –  PHLX Gold/Silver Sector Index – Bulls vs Bears Fight for Life & Death…

&

25.08.2019 – PHLX Gold/Silver Sector Index – EXTREME ZONE TARGET…

 

 

PHLX Gold/Silver Sector Index Main Motives

SHORT TERM EXTREMES 

PROS 

Trump Monday Verbal RISK ON Strike – China wants to Restart Trade Talks

US  & China  Tariffs Negotiators  want Back to Table 

Dominating Mainstream Media GOLDEN – SILVER TREND 

”  PANIC BUYING ”  &  ” GOLD – SILVER RUSH ”    Verbal Strikes 

CONS 

China Monday Verbal RISK OFF Strike – China didn’t change its position

US CHINA TRADE WAR  still Active 

TRUMP – Powell  Conflict still Active

 

 

First…ATA from  25.08.2019 

” Risk of

Top – Psychological Key Level 100 

Daily Invert Ending Diagonal Pattern 

Daily 2B Pattern – Key Level 97-96.92   ”

 

&

ATA Tweets…

After Trump Tariffs Revenge Friday Wall Street close

No …Geddon…for Now

DXY Fut in 97.50 (97.58)

EUR/USD in 1.1150 (1.1144)

GOLD Fut in 1550 (1553)

Nasdaq Fut in 7450 (7444)

US 10Y Bond Yield in 1.45% (1.461)

of course

Most Important US Smart Money Move… pic.twitter.com/3GYxT2Ws9y

— Piotr Janiszewski (@ATAFIN) August 26, 2019

Trump Verbal RISK ON Strike

China wants to Restart Trade Talks

&

DXY Fut in 97.80 (97.78)

EUR/USD < 1.1150 (1.1120)

GOLD Fut < 1550 (1540)

Nasdaq Fut in 7550 (7555)

US 10Y Bond Yield in 1.45% (1.449)

like always

Most Important US Smart Money Move- EOD… pic.twitter.com/nUGDfKUZsz

— Piotr Janiszewski (@ATAFIN) August 26, 2019

No Coincidence TRUMP Verbal Strike

GOLD Fut vs Nasdaq 1000 Fut

Master Key Levels

Gold Fut 1550 USD ( 1535 )

Nasdaq 100 7400 & 7500… ( 7590 ) pic.twitter.com/o7gmQgVqwR

— Piotr Janiszewski (@ATAFIN) August 26, 2019

China Verbal RISK OFF Strike

China didn't change its position
China won't cave to US pressure

but

DXY Fut in 97.80 (97.83)

EUR/USD in 1.11 (1.1115)

GOLD Fut in 1540 (1541)

Nasdaq Fut in 7550 (7563)

US 10Y Bond Yield in 1.45% (1.449)

Most Important US SM Move H1-H4-EOD pic.twitter.com/YRj0C08AMa

— Piotr Janiszewski (@ATAFIN) August 26, 2019

 

 

 

Second…Present  PHLX Gold/Silver  Situation 

PHLX Gold/Silver  MEDIUM – SHORT TERM  SITUATION 

 

ATA MIND OVER MARKETS

Hope is Not a Strategy 

Follow the Trendlines  Not the Headlines 

 

ATA MARKET MODEL 

First…Market Motive…

Second…Market Technical  Pattern…

 

First…Key Motives

above in this text…

 

Second…Market Technical  Patterns 

Gold/Silver  Short Term View

( Intraday H4 Charts )

Risk of  Intraday Bear Reversal Patterns 

Invert Ending Diagonal Pattern 

M Pattern – Key Level 98.80 Zone

with

Risk of Top – Psychological Key Level 100 

vs

MACD H4 Buy Signal 

of course still needed 

Bear Reversal Pattern Conformation 

 

 

Present   Short  Time Main Target

Psychological Key Level 100  – Top Zone 

 

Gold-Silver Short Term Battlefield 

90 – 95   vs   98 – 100   

 

 

ATA Investment Conclusion

Short  Time – Top Target  98 – 100

that’s why  still needed Consider

Rising Risk of  Next  Strong Bear Strike…

after

Yesterday Monday  No Bull  Final Attack 

so

Focus carefully on

Psychological Key Level 100  – Top Zone 

with

Yesterday Top  – Key Level 98.91 

 

 

Always remember

Market Trend always changed when Mainstream Media created 

One Slogan ” No Chance for Change “…

that’s why

Charts show you  Reversal Pattern First  ex ante…!!!

 

N – TIMES

Finally …

F/X  Maxim 

Most Important is  Final  Smart Money Reaction….

First…Today – the Day after H1-H4-EOD

 

 

PHLX Gold/Silver Sector Index Monthly  Weekly  & Daily Charts :

23.08.2019 – EOW

PHLX Gold/Silver Sector Index Daily Charts – FIB EXT  :

23.08.2019 – EOD

PHLX Gold/Silver Sector Index Intraday H4 Charts  :

26.08.2019 – EOD