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Posts posted by CGETrading
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Unless we close above both the breakline and resistance level this month, then gold could really take off!***
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On 11/03/2024 at 11:26, CGETrading said:
We are approaching a possible temporary high tomorrow 03/12.
The trade cycle composite is highlighting 03/12 for an ideal high, and only 11% fuel remains in the uptrend.
Lets see if these two align! ย
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Easy money!ย ย MIDAS Top-Finder accurately predicted the high.
BTW, all my tools will be available for purchase (only $30) on MQL5.com next month! -
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14 hours ago, AhmedMarsh said:
Your indicators sound like the secret sauce I've been looking for. Can't wait to try out Martin Armstrong Cycles and ride those rapid rallies! Thanks for sharing your wisdom with us, newbies!
Thank you!
I am currently developing my own website
Here you will be able to find all my tools, EAs, and everything trading related.
Feel free to reach out on Telegram if you need help or advice!
I aim to respond within 48 hours.ย ย -
Bureau of Labor Statistics (BLS) once again released FALSE numbers (on NFP), to no surprise, as the US government constantly lies about everything.
You can read more about the BLS false reports here:
https://www.armstrongeconomics.com/armstrongeconomics101/economics/bureau-of-labor-statistics-fabricated-one-third-of-newly-created-jobs-in-2023/
Regardless of the NFP/BLS BS reports, gold has droped to major support, which currently lies at 2029: highlighted by the lowest MIDAS Curve in the picture. This is the level price need to break before going any lower. This is also a good buying opportunity!
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Here is the latest version of the Trade Cycle Composite indicator v1.10 <---
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NEW INDICATOR!
NUMBER 4: Martin Armstrong - Trade Cycle Composite for MT4ย [Download Link, Zip File]The indicator is based on the following article "Trade Cycles" from Martin Armstrong/Princeton Economics.
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This topic is now closed. I am no longer active on this forum.
Good luck to all and a happy new year!ย ๐ -
BTCย is preparing to rally withย Goldย and US30ย as we head closer to WW3. The first target in BTC is 100K.
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Gold is pushing higher and support is moving up as we head closer to WW3. The next bullish reversal stands at 2048.
Armstrong Economics:ย Germany Deploys Troops To Lithuania -
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11 hours ago, Carl-Gustav said:
Gold H4 chart is ready to pop to the upside as price fails to retrace past the 20% pullback rule.
Slingshot move to the upside, is it ready? ย
The H4 cycle is pretty steep, revealing that the energy strored in price is explosive and has a high energy outburst. This presents us with a low risk entry to the upside, at least on a short term basis /H4.
Learn more about the Slingshot Move here:ย https://www.armstrongeconomics.com/slingshot-move/The attempt to break through the reversals failed which generated a temporaryย Trap Play to the downside. Support currently stands at the 2018-2020 level as we approach the end of the weeks closing price.
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On 05/12/2023 at 15:31, Carl-Gustav said:
Thanks for sharing @THT
I highly doubt that gold will fall below the 1900 level, which is the lowest support level on the monthly time frame.
Right now, the current pullback in gold is nothing but a FALSE MOVE to the downside which ALWAYS takes place before aย REAL BREAKOUT. This FALSE MOVE can last no longer than 1-3 time units and is simply the REQUIRED movement of markets.
Gold is setting up for a major sling-shot to the upside.
Gold H4 chart is ready to pop to the upside as price fails to retrace past the 20% pullback rule.
Slingshot move to the upside, is it ready? ย
The H4 cycle is pretty steep, revealing that the energy strored in price is explosive and has a high energy outburst. This presents us with a low risk entry to the upside, at least on a short term basis /H4.
Learn more about the Slingshot Move here:ย https://www.armstrongeconomics.com/slingshot-move/- 1
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1 hour ago, MongiIG said:
Hi @Kodiak, @Carl-Gustavย and @CJ-TradingFloor
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Hi,
A closing above 37K in December will be bullish as it will generate an all time high and a buy signal.
However US30 is approaching the top of the channel (cyclical resistance), which stands at the 37.5k area. This level is also the break-line which is a cyclical pressure point, if broken (close above) a possibleย RALLY to 40K comes into play.
Support currently lies at the bottom of the channel.
The monthly cyclical derived ANGLE generated from the low is very STEEP, expect price to follow this angle going up.- 1
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Good morning,
Bearish cycle count 6 turned out to be a MAJOR LOW.ย A bullish V-formation has formed on the daily chart, indicating a fresh leg to the upside and the start of leg 3 on the weekly chart. We are now heading towards a re-test of the all time high. Will it break? ย Its just a matter of TIME. Trading is nothing but TIME, thats why cycles work. Cycles reveals everything about the market. If you dont have the cycles on your chart, or at least the major ones, you really know NOTHING.ย The great thing about cycles is that they tell you WHEN and WHERE you are wrong. Everything in the universe has a cycle to it, and so does price.
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Gold 2024 Commodity BOOM! (ECM) ๐
in Commodities
Posted · Edited by CGETrading
MAJOR XAU/USD (GOLD VS US DOLLAR) UPDATE!
We are 6 days away from May 7th, which is the ECM target and April has just concluded with a close ABOVE the monthly BREAKOUT LINE! This indicates that gold is READY for its commodity boom!ย
#BUY BUY BUY
Indicator (EA included):
Breakout Lines MT5:ย https://www.mql5.com/en/market/product/97201
Breakout Lines MT4:ย https://www.mql5.com/en/market/product/80143