TheTrex Trading Channel

Gold Intraday (4H) https://www.tradingview.com/x/ryJGufUY/

Platinum Intraday (4H) https://www.tradingview.com/x/kQcs1scO/

XAUUSD - Gold (Live Chart) https://www.tradingview.com/chart/MGC1!/uu8htmLP-XAUUSD-Gold/?social_toast=true

If that RSI breaks up, which seems good odds with the continued decline in bear momentum and bullish divergences popping up. Will be a nice break up.

I'm hindsighting this for XAUUSD (Gold) https://www.tradingview.com/x/L3iIOnhG/

Chart also online and publicly shared: https://www.tradingview.com/chart/XPTUSD/9K7KZPH0-XPTUSD-Platinum/?social_toast=true

XPTUSD - Game plan https://www.tradingview.com/x/OD6jvXfh/

Also on side note, seems China is banning paper trading on Gold! They basically want to "protect" traders from volatile market and not use margin, and all at the same time they have been increasing their domestic large gold buying! They are set to become the major hub for gold trading. Interesting times ahead 💡

Large buy trigger on XPTUSD (Platinum), but also on gold/silver/palladium. 1D and intraday have been showing consequent bullish divergences. It's time. 🆙

Re: BTCUSD Chart https://www.tradingview.com/x/N8q67FXd/

They had all the momentum, hype and liquidity to cash out. https://www.tradingview.com/news/beincrypto:2fbd37667094b:0-bitcoin-spot-etfs-post-worst-month-on-record-with-4-5-billion-june-outflow/

Seeing high downside for altcoin market incoming. Liquidity pools running really dry here, it's worth decent amount on paper, but if you really start to account for exit liquidity there's so little left.

Just a note, these major bubble corrections seem to happen fast and deep. The swings however are also volatile both ways. First this needs to bottom, which could take another couple of months of continuous downtrend. Then a strong dead cat bounce (too many shorters, sellers at loss piling back in to make quick buck).

NATGAS, game plan is to start DCA into it beyond 21 August. It's extremely hot in Europe, gas production site seems fairly ok in middle east but situation is so so. Let's see if this sucker rally (current trend) can make a nice dip in mid summer with bullish divergence. DCA then sell november - december, sounds like a good plan? Aiming for a pretty nice pop here actually given the recent price trends and fairly low dip here in current geopolitical climate.

BTC ready for a deep dive. 49K will come but be prepared to see even lower. We have only seen one corrective wave, it retested the purple lost support, and we are now in the second one. Expect a few more months of bearishness, ideally sell or short on bullish exhaustion. Not looking great, good luck all.

COCOA trend also has a healthy resume, especially because of heavy rain in Africa.