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🚨 GOLD IS LOADING FOR ANOTHER EXPLOSIVE RUN The $XAU macro cycle is wrapping up in 2026, and the setup here is about as clean as it gets! Gold pulled back roughly 22% from its $5,602 all-time high. That correction is complete, and the late buyers who chased the... top are already flushed out. That's exactly what has to happen before the next leg. Here's why the move up from here is close to inevitable: 1. Central bank accumulation. They bought 288.9 tonnes in Q2 alone, up 62% year over year. This isn't retail, this is the biggest, slowest, smartest money on earth quietly stacking to hedge geopolitical chaos and inflation. 2. The macro pivot. Once rates start coming down, that cash gets pushed straight into hard assets, and gold is first in line. 3. Volume is coming back. ETF flows already turned positive with billions in net inflows, and the structure is active again, not dead. Everyone shorting the dip right now is fighting central banks. That's not a trade, that's a donation. Save this chart. You'll want it to track the cycle when this thing runs!show more

Qmo

41,278 subscribers

149,178 просмотров • 14 дней назад •via X (Twitter)

Anya Rossi• Live Now

Private livecam show

Комментарии: 4

Фото профиля Kiersten Castellano

Kiersten Castellano14 дней назад

🔥

Фото профиля juan C. Bonilla M.

juan C. Bonilla M.14 дней назад

Las probabilidades que bajen tasas este año son minimas con un petroleo subiendo igual que la inflacion. En largo plazo si se dara eso.

Фото профиля paramjit singh

paramjit singh14 дней назад

Haha yes in dreams 🤣

Фото профиля Martin Kemp

Martin Kemp14 дней назад

It’s going 3900

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🚨 GOLD IS FLASHING A DEATH CROSS WARNING Gold is getting close to one of the worst chart signals ETF holders are already PANIC SELLING Massive outflows from $GLD and $IAU BILLIONS are leaving gold ETFs A confirmed death cross brings back the fear of a 15–20% drop Gold bulls are getting pushed out right before the big buyers start looking Retail is panic selling into the dip Banks are waiting for it DO NOT SELL THEM THE TRADE THEY WANT TO BUY

🚨 GOLD IS FLASHING A DEATH CROSS WARNING Gold is getting close to one of the worst chart signals ETF holders are already PANIC SELLING Massive outflows from $GLD and $IAU BILLIONS are leaving gold ETFs A confirmed death cross brings back the fear of a 15–20% drop Gold bulls are getting pushed out right before the big buyers start looking Retail is panic selling into the dip Banks are waiting for it DO NOT SELL THEM THE TRADE THEY WANT TO BUY

Leshka.eth ⛩

38,858 просмотров • 4 месяцев назад

🚨 THE REAL BITCOIN FLUSH STARTS NOW Bitcoin has already run three fakeouts. This is the fourth, and it's the one that breaks. I told you weeks ago it would fail to break above $82K and dump again. Look at the chart. Every rejection, every fake pump, every trap - it's all played out exactly as mapped. Here's the path from here, and it won't be gentle: $78K → $64K → $56K → $50K Each level breaks, the panic gets louder, and the crowd that bought this bounce thinking the bottom was in gets flushed one leg at a time. That's not a dip. That's the reset this cycle needs before anything real begins. The people calling for continuation up here are about to become the exit liquidity for everyone who saw this coming. That $50K zone is where it actually turns. Maximum pain, maximum fear, everyone screaming crypto is dead, and that's exactly where the smart money loads. Don't fight the trap. Respect it. Quick reminder: I publicly called Bitcoin's bottom in 2022 and the $126K top in 2025. Both in advance. Both on record. The next call gets posted here first!!! Follow and turn notifications on.

🚨 THE REAL BITCOIN FLUSH STARTS NOW Bitcoin has already run three fakeouts. This is the fourth, and it's the one that breaks. I told you weeks ago it would fail to break above $82K and dump again. Look at the chart. Every rejection, every fake pump, every trap - it's all played out exactly as mapped. Here's the path from here, and it won't be gentle: $78K → $64K → $56K → $50K Each level breaks, the panic gets louder, and the crowd that bought this bounce thinking the bottom was in gets flushed one leg at a time. That's not a dip. That's the reset this cycle needs before anything real begins. The people calling for continuation up here are about to become the exit liquidity for everyone who saw this coming. That $50K zone is where it actually turns. Maximum pain, maximum fear, everyone screaming crypto is dead, and that's exactly where the smart money loads. Don't fight the trap. Respect it. Quick reminder: I publicly called Bitcoin's bottom in 2022 and the $126K top in 2025. Both in advance. Both on record. The next call gets posted here first!!! Follow and turn notifications on.

Qmo

211,780 просмотров • 22 дней назад

🚨 GOLD IS SETTING UP FOR A DROP BACK TO SUPPORT Here's exactly what I'm watching on gold right now. Price sold off hard, bounced, and has now climbed all the way back up to the ~$4,390 key level. That's not strength, that's price returning to the scene of the crime, tapping the exact resistance it broke down from. This is the zone where sellers step back in. The bounce filled the gap, ran into the key level, and now it's setting up to reject. My read from here: rejection at $4,390, then a slide back down toward the support cluster around $4,290. That's roughly a 100-point move, and it's the level that actually matters, the floor from the last flush. The trap is simple. This bounce looks like recovery, so late buyers pile in right at resistance, exactly where the smart money is fading it. Then the drop catches them offside. I'm not chasing this bounce into the key level. I want to see how it reacts there, and if it rejects, the support cluster is the target. Buy the support, NOT the resistance. Turn notifications on. I'll post the move the moment it confirms.

🚨 GOLD IS SETTING UP FOR A DROP BACK TO SUPPORT Here's exactly what I'm watching on gold right now. Price sold off hard, bounced, and has now climbed all the way back up to the ~$4,390 key level. That's not strength, that's price returning to the scene of the crime, tapping the exact resistance it broke down from. This is the zone where sellers step back in. The bounce filled the gap, ran into the key level, and now it's setting up to reject. My read from here: rejection at $4,390, then a slide back down toward the support cluster around $4,290. That's roughly a 100-point move, and it's the level that actually matters, the floor from the last flush. The trap is simple. This bounce looks like recovery, so late buyers pile in right at resistance, exactly where the smart money is fading it. Then the drop catches them offside. I'm not chasing this bounce into the key level. I want to see how it reacts there, and if it rejects, the support cluster is the target. Buy the support, NOT the resistance. Turn notifications on. I'll post the move the moment it confirms.

Qmo

62,928 просмотров • 22 дней назад

🚨 THE FINAL LOWER HIGH IS IN FOR BITCOIN Bitcoin just pushed up to $85K, and the timeline is celebrating like the bull run is back. It isn't. This is the final lower high, right where the next leg down begins. Same structure we've seen all year, and the same bearish pattern is lined up to repeat. Here's the path from here: $85K → $77K → $73K → $64K → $57K → $50K Look at how this cycle has moved. Every bounce makes a lower high. Every rally gets sold. And every time, the crowd calls it "the bottom" right before the next flush. This push to $85K is exactly that. The last pump that pulls everyone back in, right before it rolls over. $77K goes first, fast. Then $73K, where the "buy the dip" crowd steps in. Then $64K breaks and the confidence starts cracking. By $57K, the timeline goes quiet. And that final push toward $50K is where the real capitulation hits, when everyone who chased this bounce is underwater and ready to give up. That's the zone that matters. Not here at $85K. The people buying this pump are buying the top of a trap. The patient ones are waiting for the level where the selling actually exhausts. Keep in mind: I publicly called the $17K bottom in 2022 and the $126K top in 2025. Both in advance. Both on record. Follow and turn on notifications before the next call. Most people will wish they'd followed sooner.

🚨 THE FINAL LOWER HIGH IS IN FOR BITCOIN Bitcoin just pushed up to $85K, and the timeline is celebrating like the bull run is back. It isn't. This is the final lower high, right where the next leg down begins. Same structure we've seen all year, and the same bearish pattern is lined up to repeat. Here's the path from here: $85K → $77K → $73K → $64K → $57K → $50K Look at how this cycle has moved. Every bounce makes a lower high. Every rally gets sold. And every time, the crowd calls it "the bottom" right before the next flush. This push to $85K is exactly that. The last pump that pulls everyone back in, right before it rolls over. $77K goes first, fast. Then $73K, where the "buy the dip" crowd steps in. Then $64K breaks and the confidence starts cracking. By $57K, the timeline goes quiet. And that final push toward $50K is where the real capitulation hits, when everyone who chased this bounce is underwater and ready to give up. That's the zone that matters. Not here at $85K. The people buying this pump are buying the top of a trap. The patient ones are waiting for the level where the selling actually exhausts. Keep in mind: I publicly called the $17K bottom in 2022 and the $126K top in 2025. Both in advance. Both on record. Follow and turn on notifications before the next call. Most people will wish they'd followed sooner.

Qmo

181,618 просмотров • 4 дней назад

🚨 SPACEX IS BREAKING AND THIS IS ONLY THE START. Look at the chart. SpaceX IPO'd as the largest offering in history and it landed on the exact year a 150-year-old cycle map circles in red: 2026, "high prices, time to sell." That's not a coincidence. The IPO didn't mark the start of a new era. It marked the top. And the chart is already confirming it. Price has fallen from its ~$220 high all the way down to ~$150 candle after candle straight down. But this is just the first leg. The way I read it, $70 is where this is ultimately headed, and we're not even close to the bottom. Here's what makes that so dangerous: the insider unlocks haven't even started yet. This entire slide from $220 to $150 happened on the tiny float alone. When the real supply hits billions in locked shares flooding the market there won't be anywhere near enough buyers to absorb it. Think about what that means. The selling pressure that's supposed to crush this stock is still ahead of us. $150 isn't the floor. It's just a stop on the way down to $70. The "buy the dream" crowd that piled in at the top is already underwater. They just don't know how much further this goes. The only blank left to fill in is how far it falls and the chart says we're just getting started.

🚨 SPACEX IS BREAKING AND THIS IS ONLY THE START. Look at the chart. SpaceX IPO'd as the largest offering in history and it landed on the exact year a 150-year-old cycle map circles in red: 2026, "high prices, time to sell." That's not a coincidence. The IPO didn't mark the start of a new era. It marked the top. And the chart is already confirming it. Price has fallen from its ~$220 high all the way down to ~$150 candle after candle straight down. But this is just the first leg. The way I read it, $70 is where this is ultimately headed, and we're not even close to the bottom. Here's what makes that so dangerous: the insider unlocks haven't even started yet. This entire slide from $220 to $150 happened on the tiny float alone. When the real supply hits billions in locked shares flooding the market there won't be anywhere near enough buyers to absorb it. Think about what that means. The selling pressure that's supposed to crush this stock is still ahead of us. $150 isn't the floor. It's just a stop on the way down to $70. The "buy the dream" crowd that piled in at the top is already underwater. They just don't know how much further this goes. The only blank left to fill in is how far it falls and the chart says we're just getting started.

Shelpid.WI3M

53,734 просмотров • 3 месяцев назад

🚨 GOLD JUST FIRED A WARNING THAT COULD BREAK THIS ENTIRE MARKET Forget the gold dump. What it may be signaling next is far more dangerous. I warned about the gold selloff before it happened. Now the setup behind it is starting to spread into the one place nobody wants to question: AI stocks. The chain is brutal: War → Oil → Inflation → Higher yields → Gold gets crushed → Cost of capital stays high → AI valuations crack. The Iran conflict disrupted energy flows and pushed oil higher. Higher oil keeps inflation alive. Sticky inflation gives the Fed less room to cut. Less cutting keeps real yields elevated. And elevated real yields are exactly what an overheated, non-yielding asset like gold does NOT want. But here's the part almost everyone is missing: Money isn't rotating from gold into risk. Retail is hiding in cash and short-duration Treasuries. That matters. People buy gold when they're scared about tomorrow. They sell gold when they need safety today. And if rates stay higher for longer, this stops being a gold problem. It becomes an equity valuation problem. The market is insanely concentrated in a handful of AI names priced for years of future growth. Higher discount rates destroy the value of those distant cash flows. Suddenly the market stops paying for the story and starts asking one question: Where's the cash? That's when the AI trade gets vulnerable. That's when concentration becomes a liability. That's when the same rates that broke gold start hitting everything priced for perfection. Gold may have been the first domino. I called the gold dump before it happened. Now I'm watching what comes next. Because if this chain keeps moving, the gold selloff will be the part everyone wishes they had paid attention to. Turn notifications on. The next domino is bigger.

🚨 GOLD JUST FIRED A WARNING THAT COULD BREAK THIS ENTIRE MARKET Forget the gold dump. What it may be signaling next is far more dangerous. I warned about the gold selloff before it happened. Now the setup behind it is starting to spread into the one place nobody wants to question: AI stocks. The chain is brutal: War → Oil → Inflation → Higher yields → Gold gets crushed → Cost of capital stays high → AI valuations crack. The Iran conflict disrupted energy flows and pushed oil higher. Higher oil keeps inflation alive. Sticky inflation gives the Fed less room to cut. Less cutting keeps real yields elevated. And elevated real yields are exactly what an overheated, non-yielding asset like gold does NOT want. But here's the part almost everyone is missing: Money isn't rotating from gold into risk. Retail is hiding in cash and short-duration Treasuries. That matters. People buy gold when they're scared about tomorrow. They sell gold when they need safety today. And if rates stay higher for longer, this stops being a gold problem. It becomes an equity valuation problem. The market is insanely concentrated in a handful of AI names priced for years of future growth. Higher discount rates destroy the value of those distant cash flows. Suddenly the market stops paying for the story and starts asking one question: Where's the cash? That's when the AI trade gets vulnerable. That's when concentration becomes a liability. That's when the same rates that broke gold start hitting everything priced for perfection. Gold may have been the first domino. I called the gold dump before it happened. Now I'm watching what comes next. Because if this chain keeps moving, the gold selloff will be the part everyone wishes they had paid attention to. Turn notifications on. The next domino is bigger.

Discover

162,094 просмотров • 24 дней назад

🚨WARNING: BITCOIN'S NEXT MOVE IS DOWN... This isn't random chop. It's distribution. That tight range everyone's staring at? It's not coiling for a breakout. It's the last quiet stretch before the next leg down. History is repeating, and the 2026 cycle is still walking the exact path I mapped. Here's the roadmap: $79K → $67K → $55K → bottom → New bull run Next targets: → $67K Next week → $55K by October Down first. That's the flush that clears out everyone who bought this range thinking the bottom was in. That $55K zone is the gut-check, max fear, "crypto is dead" trending, everyone who chased up here underwater. And that's exactly where the real accumulation begins, right before the new run. That's the part most people get wrong every cycle. They fade the move, get shaken out at the low, then miss the reversal because they're too rattled to buy. Track record: I called the $126K top in October 2025, the $15K bottom in November 2022, and the recent pump to $83K. Same pattern, every time. Missed those? Don't worry. I'll call the next one live. Follow now. Every major move gets posted here first.

🚨WARNING: BITCOIN'S NEXT MOVE IS DOWN... This isn't random chop. It's distribution. That tight range everyone's staring at? It's not coiling for a breakout. It's the last quiet stretch before the next leg down. History is repeating, and the 2026 cycle is still walking the exact path I mapped. Here's the roadmap: $79K → $67K → $55K → bottom → New bull run Next targets: → $67K Next week → $55K by October Down first. That's the flush that clears out everyone who bought this range thinking the bottom was in. That $55K zone is the gut-check, max fear, "crypto is dead" trending, everyone who chased up here underwater. And that's exactly where the real accumulation begins, right before the new run. That's the part most people get wrong every cycle. They fade the move, get shaken out at the low, then miss the reversal because they're too rattled to buy. Track record: I called the $126K top in October 2025, the $15K bottom in November 2022, and the recent pump to $83K. Same pattern, every time. Missed those? Don't worry. I'll call the next one live. Follow now. Every major move gets posted here first.

Qmo

162,072 просмотров • 18 дней назад

🚨THIS BITCOIN PATTERN HAS NEVER FAILED Nothing has changed. The cycle that's played out every single time is playing out again and most people are about to learn that the hard way. The plan is simple, and the levels are clear: $64K → $52K → $43K → $29K Then the next wave up begins. Down first that's the part nobody wants to sit through. Each level breaks, the panic gets louder, and by the time price is in the $20K, the timeline will be screaming that "crypto is dead" for the tenth time. That's not the moment to run. That's the moment the entire next cycle gets built. Because that's how it works. Every. Single. Time. The deepest capitulation, the point of maximum pain, the level everyone swears it'll never come back from that's the floor. That's where smart money quietly loads while retail is busy licking its wounds. The ones who buy that bottom aren't braver than everyone else. They just understood the pattern before the fear hit. Reminder: I publicly called Bitcoin's bottom at $17K in 2022 and the top at $126K in 2025. Both before they happened. Both in public. The next call gets posted here first. Follow the account and turn on notifications. Don't become exit liquidity for everyone who saw this coming.

🚨THIS BITCOIN PATTERN HAS NEVER FAILED Nothing has changed. The cycle that's played out every single time is playing out again and most people are about to learn that the hard way. The plan is simple, and the levels are clear: $64K → $52K → $43K → $29K Then the next wave up begins. Down first that's the part nobody wants to sit through. Each level breaks, the panic gets louder, and by the time price is in the $20K, the timeline will be screaming that "crypto is dead" for the tenth time. That's not the moment to run. That's the moment the entire next cycle gets built. Because that's how it works. Every. Single. Time. The deepest capitulation, the point of maximum pain, the level everyone swears it'll never come back from that's the floor. That's where smart money quietly loads while retail is busy licking its wounds. The ones who buy that bottom aren't braver than everyone else. They just understood the pattern before the fear hit. Reminder: I publicly called Bitcoin's bottom at $17K in 2022 and the top at $126K in 2025. Both before they happened. Both in public. The next call gets posted here first. Follow the account and turn on notifications. Don't become exit liquidity for everyone who saw this coming.

Shelpid.WI3M

32,290 просмотров • 1 месяц назад

🚨 NOBODY IS WATCHING THE BEST SETUP IN THE MARKET RIGHT NOW Look at these two charts side by side. Gold is rolling over, down more than 20% from its high. Copper ripping, up 22%. That's not a coincidence, that's a rotation. And the tell is the copper/gold ratio. It just broke its downtrend for the first time all year and pushed to a 10-month high. Over the last three months, copper is up 14% while gold is down 17%. Capital is quietly moving from the fear trade into the growth trade. Here's why copper is set up to run for years, not months: → The grids are ancient. Goldman notes Europe's power grids average 50 years old and the US 40, both near the end of life. Modernizing them means massive, sustained copper demand. → Supply is drying up. New copper discoveries have collapsed since 2018, while demand stays structurally high. Less supply, more demand - that's the cleanest bull setup there is. → AI needs it. Every data center, every chip, every piece of AI hardware runs on copper. The AI buildout isn't just a chip story, it's a metals story underneath. And zoom out: copper has been in a long-term uptrend since 2011. The base is built. The catalysts are stacking. The hype hasn't even started yet. Gold had its run. The rotation is already underway. Copper is where the next one is setting up. Turn notifications on. I'll post the move before it's obvious.

🚨 NOBODY IS WATCHING THE BEST SETUP IN THE MARKET RIGHT NOW Look at these two charts side by side. Gold is rolling over, down more than 20% from its high. Copper ripping, up 22%. That's not a coincidence, that's a rotation. And the tell is the copper/gold ratio. It just broke its downtrend for the first time all year and pushed to a 10-month high. Over the last three months, copper is up 14% while gold is down 17%. Capital is quietly moving from the fear trade into the growth trade. Here's why copper is set up to run for years, not months: → The grids are ancient. Goldman notes Europe's power grids average 50 years old and the US 40, both near the end of life. Modernizing them means massive, sustained copper demand. → Supply is drying up. New copper discoveries have collapsed since 2018, while demand stays structurally high. Less supply, more demand - that's the cleanest bull setup there is. → AI needs it. Every data center, every chip, every piece of AI hardware runs on copper. The AI buildout isn't just a chip story, it's a metals story underneath. And zoom out: copper has been in a long-term uptrend since 2011. The base is built. The catalysts are stacking. The hype hasn't even started yet. Gold had its run. The rotation is already underway. Copper is where the next one is setting up. Turn notifications on. I'll post the move before it's obvious.

Qmo

169,631 просмотров • 19 дней назад

Silver's squeeze is being driven by gold which in turn is being driven by the dollar. No, not "debasement" or "inflation." Eurodollar deflation. People make the critical mistake believing gold is a substitute for the dollar when it's not even in the same arena. Precious metals instead compete with stocks and other risky financial assets as the safe haven alternative to them. Ledger money separated medium of exchange from store of value 150 years ago (not that you've heard anything about it, but you live it every day each time you use your credit card - medium - and check your 401k - store). Gold is not a medium, but it is superior form of value. Gold's behavior therefore has nothing to do with "the dollar" except when eurodollar conditions drive the exchange value and signal conditions relative to stores of value alternatives. This is why gold has behaved like it has and why all the gold "experts" get it wrong. When the dollar is rising, that's a deflation signal which means increasing chance conditions will be bad for risky stores of value. Gold shines. And that is exactly how it has traded recently, too, from late last year through April, the middle of the year when gold backed off because risk-taking was back at the forefront, and now with flat Beveridge everywhere and credit cockroaches showing up every other minute gold is utterly flying. That deflation would be really bad for risky assets that gold competes with. IT IS NOT DEBASEMENT OR ANYTHING LIKE IT. All the evidence is here: Everything you get from the mainstream is either wrong or backward. Oftentimes on purpose. Misdirection and misinformation is actually the trade of "central banks." Start unlearning the garbage and start learning the truth which has been hiding in plain sight all this time.

Silver's squeeze is being driven by gold which in turn is being driven by the dollar. No, not "debasement" or "inflation." Eurodollar deflation. People make the critical mistake believing gold is a substitute for the dollar when it's not even in the same arena. Precious metals instead compete with stocks and other risky financial assets as the safe haven alternative to them. Ledger money separated medium of exchange from store of value 150 years ago (not that you've heard anything about it, but you live it every day each time you use your credit card - medium - and check your 401k - store). Gold is not a medium, but it is superior form of value. Gold's behavior therefore has nothing to do with "the dollar" except when eurodollar conditions drive the exchange value and signal conditions relative to stores of value alternatives. This is why gold has behaved like it has and why all the gold "experts" get it wrong. When the dollar is rising, that's a deflation signal which means increasing chance conditions will be bad for risky stores of value. Gold shines. And that is exactly how it has traded recently, too, from late last year through April, the middle of the year when gold backed off because risk-taking was back at the forefront, and now with flat Beveridge everywhere and credit cockroaches showing up every other minute gold is utterly flying. That deflation would be really bad for risky assets that gold competes with. IT IS NOT DEBASEMENT OR ANYTHING LIKE IT. All the evidence is here: Everything you get from the mainstream is either wrong or backward. Oftentimes on purpose. Misdirection and misinformation is actually the trade of "central banks." Start unlearning the garbage and start learning the truth which has been hiding in plain sight all this time.

Jeffrey P. Snider

26,897 просмотров • 11 месяцев назад

SILVER IS ABOUT TO REPEAT 2011. And almost nobody sees it coming. In 2011, silver went from $18 to $49 in months. Everyone was screaming "shortage" and "this is just the beginning." Then it crashed. $49 → $30 in days. Then all the way to $15. The people who bought the top never recovered. Now the same script is playing out again. Gold has already moved. Silver is chasing it. Every analyst is posting the same chart: "Gold-to-silver ratio says silver is undervalued." But here's what they're not telling you. The demand everyone is counting on is falling apart. Solar panel demand for silver is forecast to decline another 19% in 2026. The entire "shortage" thesis is built on demand that no longer exists. People think silver still has room to run. That's word for word what they said at $40 in 2011. Three months later it was $15. Tiny market, paper-thin liquidity, and moves that go vertical in both directions. When the next move becomes clear, I'll post it here first. Follow and turn notifications on.

SILVER IS ABOUT TO REPEAT 2011. And almost nobody sees it coming. In 2011, silver went from $18 to $49 in months. Everyone was screaming "shortage" and "this is just the beginning." Then it crashed. $49 → $30 in days. Then all the way to $15. The people who bought the top never recovered. Now the same script is playing out again. Gold has already moved. Silver is chasing it. Every analyst is posting the same chart: "Gold-to-silver ratio says silver is undervalued." But here's what they're not telling you. The demand everyone is counting on is falling apart. Solar panel demand for silver is forecast to decline another 19% in 2026. The entire "shortage" thesis is built on demand that no longer exists. People think silver still has room to run. That's word for word what they said at $40 in 2011. Three months later it was $15. Tiny market, paper-thin liquidity, and moves that go vertical in both directions. When the next move becomes clear, I'll post it here first. Follow and turn notifications on.

Nonzee

427,974 просмотров • 3 месяцев назад

The next time this market cracks, nobody is coming to save you. When markets got in trouble, the Fed showed up. More liquidity. Buy the dip, wait for the cavalry, you're a genius. But that game is OVER. When the Fed creates liquidity, the money that doesn't get sucked up by the real economy sloshes into stocks. That's been happening since 2009. But guess what? Right now the real economy IS sucking it up, because growth is okay and prices are rising. So there's a lot less left over for your portfolio. My good friend Michael Howell, the Liquidity King, has called the turns better than anybody alive, and he went cautious back in January for exactly this reason. The termites are eating away underneath this market and nobody wants to look. The proof: We've had a war. Bond yields go DOWN in a war. That's what's supposed to happen. But instead they're UP 40 basis points since it started. And look at the math on Washington: They pull in around five trillion a year and they spend seven and a half. They already owe $40 trillion, and that's before you get to the $125 trillion in off-balance-sheet promises nobody wants to discuss. Now imagine that borrower walks up to you and asks you to lend him money for 10 years at 4.5%, while inflation is running north of 3 and rising. You'd have to be brain dead to take that deal. That's exactly why yields are grinding higher, not lower, and if you ask me they belong closer to five and a half or six. Rates are too low, and the whole world knows it. And don't forget Japan, the biggest creditor nation on the planet, just saw its bond yields blow out to a 30 year high. When Japanese rates go up, all that money that's been funding OUR markets starts heading home. The 60/40 portfolio is built for a world that's gone. Bonds don't protect you when the whole problem IS the money getting debased - they get shot first. What actually hedges you now is the stuff they can't print: Gold and energy. The safety net is gone, and the margin for error with it.

The next time this market cracks, nobody is coming to save you. When markets got in trouble, the Fed showed up. More liquidity. Buy the dip, wait for the cavalry, you're a genius. But that game is OVER. When the Fed creates liquidity, the money that doesn't get sucked up by the real economy sloshes into stocks. That's been happening since 2009. But guess what? Right now the real economy IS sucking it up, because growth is okay and prices are rising. So there's a lot less left over for your portfolio. My good friend Michael Howell, the Liquidity King, has called the turns better than anybody alive, and he went cautious back in January for exactly this reason. The termites are eating away underneath this market and nobody wants to look. The proof: We've had a war. Bond yields go DOWN in a war. That's what's supposed to happen. But instead they're UP 40 basis points since it started. And look at the math on Washington: They pull in around five trillion a year and they spend seven and a half. They already owe $40 trillion, and that's before you get to the $125 trillion in off-balance-sheet promises nobody wants to discuss. Now imagine that borrower walks up to you and asks you to lend him money for 10 years at 4.5%, while inflation is running north of 3 and rising. You'd have to be brain dead to take that deal. That's exactly why yields are grinding higher, not lower, and if you ask me they belong closer to five and a half or six. Rates are too low, and the whole world knows it. And don't forget Japan, the biggest creditor nation on the planet, just saw its bond yields blow out to a 30 year high. When Japanese rates go up, all that money that's been funding OUR markets starts heading home. The 60/40 portfolio is built for a world that's gone. Bonds don't protect you when the whole problem IS the money getting debased - they get shot first. What actually hedges you now is the stuff they can't print: Gold and energy. The safety net is gone, and the margin for error with it.

George Noble

110,660 просмотров • 2 месяцев назад

BITCOIN'S "DIGITAL GOLD" NARRATIVE JUST FAILED ITS BIGGEST TEST While gold surged past $5,000 and silver hit record after record... Bitcoin dropped 6% in 2025. Silver is up 138%. Bitcoin? Down 30% from its October high. The "digital gold" thesis is collapsing. But here's what most people are getting wrong about WHY... My good friend Michael Howell at CrossBorder Capital/ GLIndexes nailed it: This isn't a "Great Debasement" trade. If it were, Bitcoin would be celebrating and bonds would be in freefall. Neither is happening. THE REAL DRIVER: CHINA The People's Bank of China has added $1.1T to Chinese money markets over the past year. And they'll likely do the same again this year. This aggressive monetary debasement is pushing Chinese residents into gold as an inflation hedge. You see, Chinese residents are big gold buyers but NOT big Bitcoin buyers. Why? The PBoC banned cryptocurrencies onshore. So when China prints money, it flows into gold, not crypto. And because the Yuan is stable against the dollar (capital controls and trade surplus), changes in the Yuan gold price transmit virtually 1:1 into the US dollar gold price. Bitcoin gets none of this flow. THE LIQUIDITY PROBLEM Michael's research shows something critical: Cryptocurrencies are the most liquidity-sensitive assets on the planet. And Global Liquidity is starting to slow. During the last liquidity downswing from late 2021 through 2022, Bitcoin fell from $65k to under $20k. In the next upswing, it gained over $100k. Now liquidity is peaking again. Bond term premia have stopped rising. Bitcoin is flatlining. The correlation between Global Liquidity and Bitcoin is ironclad. And the cycle is turning against crypto. THE OCTOBER CRASH EXPOSED EVERYTHING On October 10, 2025, Trump's 100% China tariff threat triggered the largest single-day liquidation in crypto history. $19B wiped out in 24 hours. 1.6M accounts blown up. Bitcoin plunged from $126,000 to below $105,000. Order book depth collapsed 98%. This was a stress test And Bitcoin failed. THE "HEDGE" THAT ISN'T During recent geopolitical tensions over Greenland: Gold rose 8.6%. Bitcoin dropped 6.6%. NYDIG found that Bitcoin behaves like an "ATM" during crises. Investors sell it first to raise cash. That's not a hedge. That's a liquidity source. Meanwhile, central banks are buying gold at record levels. They're not touching Bitcoin. THE MINING DEATH SPIRAL Hashprice - the key profitability metric - fell to $35-36 per PH/s/day in November. Below breakeven for most operations. 2025 was the "harshest margin environment of all time." ROI on new mining rigs? 1,000 days. In 2017? Same equipment paid for itself in 3-6 months. AI data centers are outbidding miners for cheap electricity. The squeeze is structural. WHERE THIS IS HEADING Paolo Ardoino, Tether's CEO, said it himself last week: "There are foreign countries buying a lot of gold, and we believe these countries will soon launch tokenized versions of gold as a competitive currency to the US dollar." Gold is being repositioned as foundational collateral beneath a fragmented digital monetary landscape. The BRICS are building gold-backed currencies to accelerate dedollarization. And ironically, the US will use gold-backed stablecoins to DEFEND the dollar's dominance. Gold, forever the bane of the dollar's existence, is being resurrected as its savior. A new monetary age is coming. And Bitcoin isn't part of it. MY TAKE My good friend Michael is right: Monetary debasement is a long-term investment strategy, not a short-term trade. But Bitcoin's cycle is no longer a simple 4 year halving cycle based on supply. It's a complex demand cycle driven by Global Liquidity. And that liquidity is peaking. When Chinese liquidity floods into gold while Bitcoin sits banned on the mainland... When Global Liquidity peaks and crypto flatlines... When the asset fails every stress test thrown at it... There's a serious problem.

BITCOIN'S "DIGITAL GOLD" NARRATIVE JUST FAILED ITS BIGGEST TEST While gold surged past $5,000 and silver hit record after record... Bitcoin dropped 6% in 2025. Silver is up 138%. Bitcoin? Down 30% from its October high. The "digital gold" thesis is collapsing. But here's what most people are getting wrong about WHY... My good friend Michael Howell at CrossBorder Capital/ GLIndexes nailed it: This isn't a "Great Debasement" trade. If it were, Bitcoin would be celebrating and bonds would be in freefall. Neither is happening. THE REAL DRIVER: CHINA The People's Bank of China has added $1.1T to Chinese money markets over the past year. And they'll likely do the same again this year. This aggressive monetary debasement is pushing Chinese residents into gold as an inflation hedge. You see, Chinese residents are big gold buyers but NOT big Bitcoin buyers. Why? The PBoC banned cryptocurrencies onshore. So when China prints money, it flows into gold, not crypto. And because the Yuan is stable against the dollar (capital controls and trade surplus), changes in the Yuan gold price transmit virtually 1:1 into the US dollar gold price. Bitcoin gets none of this flow. THE LIQUIDITY PROBLEM Michael's research shows something critical: Cryptocurrencies are the most liquidity-sensitive assets on the planet. And Global Liquidity is starting to slow. During the last liquidity downswing from late 2021 through 2022, Bitcoin fell from $65k to under $20k. In the next upswing, it gained over $100k. Now liquidity is peaking again. Bond term premia have stopped rising. Bitcoin is flatlining. The correlation between Global Liquidity and Bitcoin is ironclad. And the cycle is turning against crypto. THE OCTOBER CRASH EXPOSED EVERYTHING On October 10, 2025, Trump's 100% China tariff threat triggered the largest single-day liquidation in crypto history. $19B wiped out in 24 hours. 1.6M accounts blown up. Bitcoin plunged from $126,000 to below $105,000. Order book depth collapsed 98%. This was a stress test And Bitcoin failed. THE "HEDGE" THAT ISN'T During recent geopolitical tensions over Greenland: Gold rose 8.6%. Bitcoin dropped 6.6%. NYDIG found that Bitcoin behaves like an "ATM" during crises. Investors sell it first to raise cash. That's not a hedge. That's a liquidity source. Meanwhile, central banks are buying gold at record levels. They're not touching Bitcoin. THE MINING DEATH SPIRAL Hashprice - the key profitability metric - fell to $35-36 per PH/s/day in November. Below breakeven for most operations. 2025 was the "harshest margin environment of all time." ROI on new mining rigs? 1,000 days. In 2017? Same equipment paid for itself in 3-6 months. AI data centers are outbidding miners for cheap electricity. The squeeze is structural. WHERE THIS IS HEADING Paolo Ardoino, Tether's CEO, said it himself last week: "There are foreign countries buying a lot of gold, and we believe these countries will soon launch tokenized versions of gold as a competitive currency to the US dollar." Gold is being repositioned as foundational collateral beneath a fragmented digital monetary landscape. The BRICS are building gold-backed currencies to accelerate dedollarization. And ironically, the US will use gold-backed stablecoins to DEFEND the dollar's dominance. Gold, forever the bane of the dollar's existence, is being resurrected as its savior. A new monetary age is coming. And Bitcoin isn't part of it. MY TAKE My good friend Michael is right: Monetary debasement is a long-term investment strategy, not a short-term trade. But Bitcoin's cycle is no longer a simple 4 year halving cycle based on supply. It's a complex demand cycle driven by Global Liquidity. And that liquidity is peaking. When Chinese liquidity floods into gold while Bitcoin sits banned on the mainland... When Global Liquidity peaks and crypto flatlines... When the asset fails every stress test thrown at it... There's a serious problem.

George Noble

133,956 просмотров • 7 месяцев назад

If you’re watching gold right now, you need more than just price. That’s exactly why GoldFish’s newsletter matters. It breaks down: → Gold market movements → Institutional accumulation trends → The on-chain shift (incl. $GFIN) → Where the gold market is heading No noise. No hype. Just the insights that actually matter. Because here’s the reality: Gold isn’t just “doing well.” It’s in a full macro shift. Central banks are accumulating. Institutions are increasing exposure. And gold is quietly becoming one of the most important assets to watch again. But most people miss it. They focus on price… and ignore the why behind the move. Personally, I’m watching: • Who’s buying (and how much) • What macro forces are driving demand • Where liquidity is flowing • And how on-chain gold like $GGBR fits into this shift Because this is where it gets interesting: Gold’s macro momentum is now meeting on-chain access. Through $GGBR, gold isn’t just something you track, it’s something you can actually use and position into. In a market like this, being early > being reactive. Stay ahead of the move →

If you’re watching gold right now, you need more than just price. That’s exactly why GoldFish’s newsletter matters. It breaks down: → Gold market movements → Institutional accumulation trends → The on-chain shift (incl. $GFIN) → Where the gold market is heading No noise. No hype. Just the insights that actually matter. Because here’s the reality: Gold isn’t just “doing well.” It’s in a full macro shift. Central banks are accumulating. Institutions are increasing exposure. And gold is quietly becoming one of the most important assets to watch again. But most people miss it. They focus on price… and ignore the why behind the move. Personally, I’m watching: • Who’s buying (and how much) • What macro forces are driving demand • Where liquidity is flowing • And how on-chain gold like $GGBR fits into this shift Because this is where it gets interesting: Gold’s macro momentum is now meeting on-chain access. Through $GGBR, gold isn’t just something you track, it’s something you can actually use and position into. In a market like this, being early > being reactive. Stay ahead of the move →

PACE

10,373 просмотров • 2 месяцев назад

🚨 THE GOLD BULL RUN IS OVER 🚨 I know nobody wants to hear this right now But the structure from $4,800 is telling a very clear story Every bounce since the top has been smaller than the last Every recovery has found sellers faster than the one before That's not a healthy correction - that's a pure downtrend Right now price is bouncing around $4,200 and everyone is calling it a floor No, that's not true $4,000 is the level the whole market is watching as support And that's exactly why it breaks When everyone is positioned for the same outcome, the market takes the other side My target after $4,000 breaks: $3,450 It's a new phase that most people won't recognize until it's already halfway over NOTIFS ON!

🚨 THE GOLD BULL RUN IS OVER 🚨 I know nobody wants to hear this right now But the structure from $4,800 is telling a very clear story Every bounce since the top has been smaller than the last Every recovery has found sellers faster than the one before That's not a healthy correction - that's a pure downtrend Right now price is bouncing around $4,200 and everyone is calling it a floor No, that's not true $4,000 is the level the whole market is watching as support And that's exactly why it breaks When everyone is positioned for the same outcome, the market takes the other side My target after $4,000 breaks: $3,450 It's a new phase that most people won't recognize until it's already halfway over NOTIFS ON!

NoName

85,192 просмотров • 2 месяцев назад

🚨 GOLD IS PRICING SOMETHING BIGGER RIGHT NOW Read that again. Gold just changed its entire pricing behavior, and it's now pricing a crash bigger than the dot-com bubble. I've traded these markets for over a decade. I warned you about this gold dump before it happened, it's in the post below. But what's coming next is worse than the dump itself. Here's the chain that's driving it. The Iran conflict disrupted oil flows and pushed energy prices higher. Higher oil means higher inflation. Higher inflation means less room to cut rates, which means higher yields, and higher yields are poison for gold, an asset that pays you nothing to hold it. Add in the fact that gold was overheated at peak attention, and you get the flush. But here's the detail almost nobody's watching: retail is skipping gold entirely. They're parking money in cash and short-duration Treasuries instead. There's an old truth about this: people buy gold when they're worried about the future, and sell it when they're worried about today. Right now, they're worried about today. That tells you everything. And this is where it gets dangerous, because higher rates don't just hurt gold. They set the cost of capital for every long-duration asset on the board. The whole equity market is now jammed into a handful of AI names, all priced for a low-rate world. When rates stay high, the math flips, and the market rotates out of "AI dreams" and into "show me the cash flows." The full chain: War → Inflation → Higher real yields → Gold reprices → Cost of capital rises → The AI trade cracks. Gold is the first domino. It just fell. The rest are lined up right behind it. I called the gold dump exactly. Now I'm calling this. A lot of people are going to wish they'd listened sooner. Turn notifications on. You'll understand why when it hits!

🚨 GOLD IS PRICING SOMETHING BIGGER RIGHT NOW Read that again. Gold just changed its entire pricing behavior, and it's now pricing a crash bigger than the dot-com bubble. I've traded these markets for over a decade. I warned you about this gold dump before it happened, it's in the post below. But what's coming next is worse than the dump itself. Here's the chain that's driving it. The Iran conflict disrupted oil flows and pushed energy prices higher. Higher oil means higher inflation. Higher inflation means less room to cut rates, which means higher yields, and higher yields are poison for gold, an asset that pays you nothing to hold it. Add in the fact that gold was overheated at peak attention, and you get the flush. But here's the detail almost nobody's watching: retail is skipping gold entirely. They're parking money in cash and short-duration Treasuries instead. There's an old truth about this: people buy gold when they're worried about the future, and sell it when they're worried about today. Right now, they're worried about today. That tells you everything. And this is where it gets dangerous, because higher rates don't just hurt gold. They set the cost of capital for every long-duration asset on the board. The whole equity market is now jammed into a handful of AI names, all priced for a low-rate world. When rates stay high, the math flips, and the market rotates out of "AI dreams" and into "show me the cash flows." The full chain: War → Inflation → Higher real yields → Gold reprices → Cost of capital rises → The AI trade cracks. Gold is the first domino. It just fell. The rest are lined up right behind it. I called the gold dump exactly. Now I'm calling this. A lot of people are going to wish they'd listened sooner. Turn notifications on. You'll understand why when it hits!

Qmo

318,002 просмотров • 24 дней назад

🚨 This is exactly what I told you would happen. $BTC is following the same cycle every time. 2018 → 2022 → 2026 The pattern is identical. Most people still believe this is just another healthy correction. That's exactly what they believed in every previous cycle. The dangerous part isn't the crash. It's the false hope that comes before it. I called the $17K Bitcoin bottom in 2022 and the $126K top in 2025 before most people saw them. I'll call the next market bottom too. Follow and turn notifications on. Don't be late this time.

🚨 This is exactly what I told you would happen. $BTC is following the same cycle every time. 2018 → 2022 → 2026 The pattern is identical. Most people still believe this is just another healthy correction. That's exactly what they believed in every previous cycle. The dangerous part isn't the crash. It's the false hope that comes before it. I called the $17K Bitcoin bottom in 2022 and the $126K top in 2025 before most people saw them. I'll call the next market bottom too. Follow and turn notifications on. Don't be late this time.

Lofty

35,013 просмотров • 3 месяцев назад

🚨 WARNING: SOMETHING EXTREMELY UNUSUAL IS HAPPENING!! Insiders are buying COMEX Gold options at $15,000 - $20,000 for December 2026. Gold is around $4,500 right now. This means THEY EXPECT THE GOLD PRICE TO TRIPLE. And if you think that's just gambling YOU'RE COMPLETELY WRONG. Let me explain this in simple words. This position did NOT show up before the top. It started building after gold printed above $5,600, then got hit by its biggest one-day dump in decades. That's the part most people miss. Retail sold the panic. This buyer kept adding. Even after gold dropped back toward $4,500. Now the structure is around 11,000 contracts. About 1.1 MILLION ounces. About $4.95 BILLION of gold at today's price. About $16.5 BILLION of gold at the $15,000 strike. That is NOT a normal trade. It's someone positioning for a full repricing. Now connect the dots. Normal bank targets for 2026 are around $6,100-$6,300. This trade starts paying in the $15,000 area. That tells you everything. This is NOT someone positioning for a normal bull case. It's someone positioning for a monetary event, a crisis event, or a market break big enough to make $15,000 gold look realistic. And that's why the timing matters. This buying did NOT start during euphoria. It started after the flush, when gold had already broken hard and most people were busy calling the top. That one fact explains a lot. Because real size usually does NOT chase headlines. It waits for stress, it waits for disbelief, and then it builds. So if you're asking what this means, the answer is simple. Somebody with serious money is still paying for extreme upside in gold, even after the biggest correction in decades. That's preparation. I've studied macro for 10 years and I called almost every major market top, including the October BTC ATH. Follow and turn notifications on. I'll post the warning BEFORE it hits the headlines.

🚨 WARNING: SOMETHING EXTREMELY UNUSUAL IS HAPPENING!! Insiders are buying COMEX Gold options at $15,000 - $20,000 for December 2026. Gold is around $4,500 right now. This means THEY EXPECT THE GOLD PRICE TO TRIPLE. And if you think that's just gambling YOU'RE COMPLETELY WRONG. Let me explain this in simple words. This position did NOT show up before the top. It started building after gold printed above $5,600, then got hit by its biggest one-day dump in decades. That's the part most people miss. Retail sold the panic. This buyer kept adding. Even after gold dropped back toward $4,500. Now the structure is around 11,000 contracts. About 1.1 MILLION ounces. About $4.95 BILLION of gold at today's price. About $16.5 BILLION of gold at the $15,000 strike. That is NOT a normal trade. It's someone positioning for a full repricing. Now connect the dots. Normal bank targets for 2026 are around $6,100-$6,300. This trade starts paying in the $15,000 area. That tells you everything. This is NOT someone positioning for a normal bull case. It's someone positioning for a monetary event, a crisis event, or a market break big enough to make $15,000 gold look realistic. And that's why the timing matters. This buying did NOT start during euphoria. It started after the flush, when gold had already broken hard and most people were busy calling the top. That one fact explains a lot. Because real size usually does NOT chase headlines. It waits for stress, it waits for disbelief, and then it builds. So if you're asking what this means, the answer is simple. Somebody with serious money is still paying for extreme upside in gold, even after the biggest correction in decades. That's preparation. I've studied macro for 10 years and I called almost every major market top, including the October BTC ATH. Follow and turn notifications on. I'll post the warning BEFORE it hits the headlines.

Wimar.X

278,213 просмотров • 4 месяцев назад

🚨THE SPACEX CHART IS MOVING EXACTLY LIKE I SAID $SPCX is now down ~50% from its peak and it's tracing a chart we've all seen before. Pull up Rocket Lab in 2020. Same IPO launch. Same retail pile-in. Same dump right at the top. Lay the two side by side and they're nearly identical. Here's how I read the price from here: $135 → $120 → $140 $140 → $134 → $117 $117 → $85 → $91 $91 → $160 → $250 Down first the flush that shakes out everyone who bought the hype. Fake bounces in between to trap the dip-buyers. Then the real move, once there's nobody left to sell. And here's what makes it dangerous: this entire drop happened before the unlocks fully hit. The float is still about to explode. That's what sets up the final leg down and the entry that actually matters. With the right timing, $SPCX could be one of the best plays of 2026. I'm not buying yet. The moment I make my first buy, I'll post it HERE. You'll see it first. Turn notifications on.

🚨THE SPACEX CHART IS MOVING EXACTLY LIKE I SAID $SPCX is now down ~50% from its peak and it's tracing a chart we've all seen before. Pull up Rocket Lab in 2020. Same IPO launch. Same retail pile-in. Same dump right at the top. Lay the two side by side and they're nearly identical. Here's how I read the price from here: $135 → $120 → $140 $140 → $134 → $117 $117 → $85 → $91 $91 → $160 → $250 Down first the flush that shakes out everyone who bought the hype. Fake bounces in between to trap the dip-buyers. Then the real move, once there's nobody left to sell. And here's what makes it dangerous: this entire drop happened before the unlocks fully hit. The float is still about to explode. That's what sets up the final leg down and the entry that actually matters. With the right timing, $SPCX could be one of the best plays of 2026. I'm not buying yet. The moment I make my first buy, I'll post it HERE. You'll see it first. Turn notifications on.

Shelpid.WI3M

20,368 просмотров • 2 месяцев назад

$Everyone who chased $TAO at 276 is now watching it in the red and wondering if the move is over. It is not. It is doing the one thing a real breakout is supposed to do. Price ran to 276, then pulled back into 252. That is not weakness. That is the retest. The level that has to hold: 252 That is the 0.382 of this whole leg, and price is sitting right on it. Hold this zone on daily closes and the pullback is just the trend catching its breath. The line under it that still keeps bulls in control: 238 The 0.618 golden pocket. As long as dips get bought between here and there, the higher low structure stays intact and the uptrend is fine. Where it goes if the retest holds: 276, then open air Reclaim the highs and the last overhead from spring is the only thing left in the way. What actually breaks it: 238 A daily close back below it fills the gap toward 214 and turns the whole breakout into a fake. That is the invalidation. Not a red candle. A close under the pocket. Here is the part most people miss. RSI cooled from overbought to the low 60s while price only gave back a fraction of the move. Momentum reset without the trend breaking. That is the healthiest thing a chart can do after a vertical leg. The breakout was the easy part to post. The retest is the part that decides who was actually right.$

Everyone who chased $TAO at 276 is now watching it in the red and wondering if the move is over. It is not. It is doing the one thing a real breakout is supposed to do. Price ran to 276, then pulled back into 252. That is not weakness. That is the retest. The level that has to hold: 252 That is the 0.382 of this whole leg, and price is sitting right on it. Hold this zone on daily closes and the pullback is just the trend catching its breath. The line under it that still keeps bulls in control: 238 The 0.618 golden pocket. As long as dips get bought between here and there, the higher low structure stays intact and the uptrend is fine. Where it goes if the retest holds: 276, then open air Reclaim the highs and the last overhead from spring is the only thing left in the way. What actually breaks it: 238 A daily close back below it fills the gap toward 214 and turns the whole breakout into a fake. That is the invalidation. Not a red candle. A close under the pocket. Here is the part most people miss. RSI cooled from overbought to the low 60s while price only gave back a fraction of the move. Momentum reset without the trend breaking. That is the healthiest thing a chart can do after a vertical leg. The breakout was the easy part to post. The retest is the part that decides who was actually right.

2xnmore

20,821 просмотров • 15 дней назад