GOLD – Spot vs Futures Negative Divergence…

GOLD Spot & Futures  – Today on ATA Research Radar 

 

ATA Continuation of…

Gold Spot – XAU/USD 

9.04.2020 – GOLD Spot – Secular Golden Fibonacci Constellation …

Gold Futures 

5.05.2020 –  GOLD Futures – Secular Golden Fibonacci Constellation…

with

ATA Following …

GOLD  Financial Instruments Spectrum 

7.04.2020 – GOLD – GOLDEN SECULAR SPECTRUM …

Philadelphia Gold and Silver Index 

5.04.2020 –  Philadelphia Gold and Silver Index – Secular Clash of the Immortals…

NYSE Arca Gold BUGS Index

5.04.2020 –  NYSE Arca Gold BUGS Index – Secular Clash of the Titans…

Barrick Gold

4.04.2020 – Barrick Gold – New Golden Strike with Risky Shining…

PHLX Gold/Silver Sector Index

Short Term 

27.03.2020 –  PHLX Gold/Silver Sector Index – Next GOLDEN FALL…

Special 

DXY

20.01.2019 –  DXY – NO F/X CAPITULATION…

&

15.09.2018 – Financial Decade after Lehman Panic…

with

15.01.2020 –  CHF/JPY – EUROZONE-ITALIAN STORM 2020 Rising Risk…

 

GOLD Spot  & Futures  Major Motives 

Gold Bullion Bank Liquidity Problems 

Golden Contango Situation 

COMEX – Gold Futures Contract (now June)
continues to trade above London Spot Price 

&

Global Slowdown or Recession Extreme High Risk

vs

Central Banks & Governments Rescue Actions 

with

Global Coronavirus Pandemic – still High Risk 

Wuhan Exodus Extreme – Coronavirus Second Wave Risk

&

USD Master F/X  Vector for   GOLD Spot  & Futures

 

 

FED-BOJ-ECB-BoE-Biggest ever Black Swan

Minsky Moment Flat Money “Printing” System

vs

Coronavirus “Ugly Duckling”-Trigger

&

FED “Central Printing Projection”

Balance Sheet  Skyrocket Rising  Future Move

Japanification in Global Central Action

BOJ  Mega Easing Process 

with

Gold Rising Impulses 

against

USD –  still Relative Strong Main Global Currency 

 

US  Factors  for  GOLD Spot & Futures

China Coronavirus Second Wave High Risk

New Cases Rise to 6-week high

FED Kashkari RISK OFF Strike

US may face 18 Months of Rolling Shutdowns

FED Minutes Reveal Alarm Economic Impact of Coronavirus

Bernie Sanders Out of the White House Race 

Clear Motive to US Smart Money RISK ON Strike

Bernanke RISK OFF Verbal Strike

No V-Shaped US Recovery

Trump signed CARES Act-2.2 Trillion USD

FED Atlanta Bostic “More&More” Strike

More for US Economy Financial System if needed

Mnuchin US Macro “Wonder” Strike

5% GDP-EOY 2020 Realistic

FED Powell New Central “More&More” Strike

Policy Room for More Action

Central Banks-Hazard ALL IN

FED Mega Easing BAZOOKA Strike – QE No Limits 

US Government  Stimulus Packet 

with

Bernanke “Now No Great Depression” Strike

FED Bullard “Boom” Strike

after short term Shock US Economy will Boom again

Kudlow RISK ON Verbal Strike

US likely V-shaped Recovery in Summer vs Present 10-15% Contraction

vs

FED Bullard US Economy Götterdämmerung Scenario

US Q2 GDP -50% & Unemployment Rate 30%

Goldman Sachs US Coronavirus-driven Recession Strike

Goldman “Apocalypse” Strike

Expectation Record 24% Crash US Q2 GDP

Mnuchin US Jobless Warning

Coronavirus could Yield 20% Jobless Rate without Action

Morgan Stanley Base Case – Global Recession

 

ATA Golden Conclusion 

Wall Street Factor  for  GOLD Spot & Futures

still High Probability

of

2000 Year  DOT.COM  Bubble Burst  DEJA VU Scenario

or even

1929 Great Depression 

with

Guggenheim “PONZI SCHEME” Collapse Warning

Central Banks driven ‘Ponzi Scheme’ must Collapse

Tech Bubble High Risk 

GLOBAL FLAT MONEY ERROR SYSTEM MEGA RISK 

 

GOLD Spot - Fut

 

Present  GOLD Spot & Futures  Situation 

GOLD SPOT  & FUTURES INTRADAY  SITUATION 

ATA MARKET MODEL IN SHORT TERM ACTION  

 

ATA MIND OVER MARKETS

Hope is Not a Strategy 

Follow the Trendlines  Not the Headlines 

Failed Signal is the Strongest Signal

 

ATA MARKET MODEL 

First…Market Motive…

Second…Market Technical  Pattern…

 

First…Key Motives

above in this text…

 

Second…Market Technical  Patterns 

Intraday H5 View 

First of All

Now dominating

Negative Divergence

GOLD Spot vs GOLD  Futures Contract

since End of February 2020

vs

Gold Bullion Bank Liquidity Problems 

Golden Contango Situation 

 

XAU/USD 

under February & March Top Zone

Key Levels 1689 – 1703.10 USD

Psychological Key Level 1700 USD 

vs

Gold Futures June Contract 

above February & March Top Zone

Key Levels 1691 – 1703.90 USD

Psychological Key Level 1700 USD 

against

Gold Bullion Bank Liquidity Problems 

&

Golden Contango Situation 

 

Golden Intraday H5  Patterns 

Inverted H&S  vs  Ending Diagonals 

with

MACD H5 Buy Signal 

 

ATA  Golden Investment  Conclusion 

Now Special Focus on

XAU/USD 

Psychological Key Level 1700 USD

&

Gold Futures  

Psychological Key Level 1750 USD

with

Ending Diagonals Upper & Lower Edges 

and of course with

New Coronavirus News

vs

Next Global Macro Strikes

&

Central Banks FED-ECB-BOJ  & Governments Strikes 

 

ATA Financial Markets  Maximes

MAJOR TOPS  WERE ALWAYS CREATED on SUPER GOOD NEWS

with

EUPHORY PHASE …!!!

&

WALL STREET NEVER TOLD YOU…YOU SHOULD SELL…!!!

 

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

F/X  Maximes 

Risk strikes Fast…

Chart is More Important than 1000 Words…

&

Most Important s Final Smart Money Reaction…

First…Today H5 & EOD

 

by the Gold  Way

always remember

Gold  –  anti US Dollar  Vector

 

Gold  Spot  & Gold Futures  Intraday H5  Charts :

13.04.2020 – (before Start European Session)

Gold Spot - H5

Gold Fut - H5

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