The GDXJ, the stock market, silver, and USDX are all possible factors affecting the gold price.
🤔Is there anything new that can be read from the charts?
➡Learn more in Przemyslaw K Radomski, CFA's latest #GoldPrice analysis: sunshineprofits.com/gold-silver/go…
🔊📽We have a HUGE ANNOUNCEMENT in our video analysis, watch it in full length to learn more!
👉youtu.be/jbrme2Z4bn0
🔍In the meantime, in today's gold market analysis, Przemyslaw K Radomski, CFA delves into the possible factors influencing the gold price.
🔍What the unfolding crypto-drama has in store for gold?
➡Learn more in Przemyslaw K Radomski, CFA's latest gold price analysis: sunshineprofits.com/gold-silver/go…
📽Don't have time to read? Learn the key insights in today's 30-sec video recap:
Yesterday, Przemyslaw K Radomski, CFA emphasized that gold’s shooting star reversal was a very bearish indication for gold.
The star pattern turned out to be an accurate prediction, and as gold declines more, miners are likely to follow regardless of the stock market.
🧾History tends to repeat itself, and mining stocks appear to be repeating 2008 again, which has very interesting implications.
🤔But, why are gold miners repeating their 2008 price patterns?
📈The precious metals market appears to have topped.
The fact that junior miners underperform gold serves as bearish confirmation that more downward waves may follow.
Moreover, almost everything Przemyslaw K Radomski, CFA wrote yesterday also was still relevant today.
🤔📉The markets were left confused after speculations about who is responsible for launching missiles that fell near the Polish-Ukrainian border.
🛢What about oil? Find out in Sébastien Bischeri's latest Oil Price Forecast: bit.ly/3tEOI8B#OilTrading#TradingView
Nov 16: Did Gold Price Peak Today? Did we just see the top?
Learn more in today's analysis: bit.ly/3TIp0dV
📽Don't have time to read? Learn the key insights in today's 20-sec video recap:
youtube.com/shorts/PwxyinE… via @YouTube
In today's gold price forecast, we delve into the USDX, S&P500, and GDXJ charts.
What can they tell us about the gold market?
📽We hope you find the video analysis beneficial!
youtu.be/MlzMIcCWLJ0 via @YouTube
⏳Less than a month from now – on December 5 – an embargo on maritime exports of Russian crude oil to the European Union will come into force, as I explained in Sebastien Bischeri's last article.
🤔Moreover, given the recent disagreements between Saudi Arabia-led OPEC+ and the U.S. entering mid-term elections, can we expect some manipulations on the oil futures market.
Learn more in Sébastien Bischeri's latest Oil Trading Alert!
🛢On Nov. 4, oil traded at their highest in nearly a month, benefiting from the looming tighter supply as an effect of market speculation around potential zero-Covid policy relief in China.