I don’t know how many of you speculate on the Gold/ Silver ratio but I do. And I have come across an interesting pattern in 2008 during the Subprime Mortgage Crises that may be repeated now during the COVID crisis. As you see on the chart, the LMACD is the key indicator on it,

  Pattern: Channel Down on 4H. Signal: (A) Bearish is the (red) Higher Lows trend-line breaks. Bearish extension below Support 1. (B) Bullish if the 1746 Resistance breaks. Target: (A) 1695 (Lower Low of the Channel Down), (B) 1760 (just below the Yearly High). ** Please support this idea with your likes and comments, it

  Pattern: Triangle on 4H. Signal: (A) Bullish if the Lower Highs trend-line breaks, (B) Bearish if it gets rejected. Target: (A) 40.00 (just below the Resistance), (B) 36.00 (the first inner Higher Lows trend-line). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and

  Pattern: Channel Up on 4H. Signal: Bearish as the pattern was rejected on the Higher High zone of the pattern and is on a potential top formation. Target: 1720 short-term (just above the Higher Lows) and 1695 medium-term with higher risk if the blue dotted line breaks. ** Please support this idea with your

      This is based on the long-term trend starting 1 year ago (exactly May 2019). I want your opinion on this very interesting pattern I found. As you see and probably most are well aware of, Gold has been trading within a Triangle since early April on the 1D chart, with the MACD

Pattern: Triangle on 4H. Signal: Bearish if it breaks downwards. Ideal entry just over the 4H MA50. Target: 1,640 (short term Support) and 1,575 (medium term Support) in extension. Tradingview link: https://www.tradingview.com/chart/XAUUSD/3UehJTVp-XAUUSD-How-to-trade-the-Triangle

Pattern: Higher Low sequence on 4H. Signal: (A) Bullish as long as the Higher Low trend-line (red) holds, (B) Bearish if it breaks. Target: (A) $1700 (Just below the Resistance), (B) 1,570 (just above the short-term Support). Tradingview link: https://www.tradingview.com/chart/XAUUSD/ErxDI1zA-XAUUSD-Daily-trading-plan

Pattern: Channel Down on 4H. Signal: Bearish as the 4H MA50 broke and that was a bearish signal last time it took place. Target: 1590 (the 0.786 Fibonacci retracement). Tradingview link: https://www.tradingview.com/chart/XAUUSD/qZz02FeU-XAUUSD-Sell-Signal

Pattern: 0.618 Fibonacci retracement on 4H. Signal: Bearish as the pattern appears to be repeating the similar January retracement sequence. Target: 1600 (expected contact with the 4H MA200). Previous Sell Signal: Tradingview link: https://www.tradingview.com/chart/XAUUSD/bwf6OeqF-XAUUSD-Sell-Signal