GOLD Spot & Futures – Back Today on ATA Research Radar
ATA Continuation of…
GOLD Spot & Futures
13.04.2020 – GOLD – Spot vs Futures Negative Divergence…
&
Gold Spot – XAU/USD
9.04.2020 – GOLD Spot – Secular Golden Fibonacci Constellation …
Gold Futures
5.04.2020 – 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
vs
Golden Contango slowly losing momentum…
&
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
First…ATA from 13.04.2020
” Golden Intraday H5 Patterns
Inverted H&S vs Ending Diagonals
with
MACD H5 Buy Signal
Now Special Focus on
XAU/USD
Psychological Key Level 1700 USD
&
Gold Futures
Psychological Key Level 1750 USD
with
Ending Diagonals Upper & Lower Edges ”
Second…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
New Golden Bull Strike
&
Cancel Last Negative Divergence
GOLD Spot vs GOLD Futures Contract
since End of February 2020
by
XAU/USD Rising above February & March Tops
for Now
XAU/USD
above February & March Tops
Key Levels 1689 – 1703.10 USD
Psychological Key Level 1700 USD
&
Gold Futures June Contract
above February & March Tops
Key Levels 1691 – 1703.90 USD
Psychological Key Level 1700 USD
on
Gold Bullion Bank Liquidity Problems
&
Golden Contango Situation
Golden Intraday H5 Patterns
still Active
Inverted H&S vs Ending Diagonals
with
MACD H5 Buy Signal vs Negative Divergence
vs
Golden Contango slowly losing momentum…
that’s why
Rising Risk
First…Back Inside Ending Diagonal
Second…End Golden Bull Impact
ATA Golden Investment Conclusion
Now Special Focus on
First…
Gold Futures Ending Diagonal
Upper Edge – Key Level 1760 USD
on
Both Line & Candle Charts
Second…
XAU/USD Rising Trend Channel
Trendline – Key Level 1720 USD
and of course with
New USD Moves
&
New Coronavirus News
vs
Next Global Macro Strikes
with
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)
14.04.2020 – (before Start American Session)
ATA FINANCIAL RESEARCH 