Experienced and veteran stock trader who specializes in mentoring gold and commodity traders, focusing on technical analysis. Discord https://teapawt.org/t.co/gNHZigJIBw
Canada
Joined August 2010
- Tweets55.1K
- Following135
- Followers17.8K
- Likes9.8K
Pinned Tweet
๐๐ญ๐จ๐ฉ ๐ ๐ฎ๐๐ฌ๐ฌ๐ข๐ง๐ ๐๐ง๐ญ๐ซ๐ข๐๐ฌ. ๐๐ญ๐๐ซ๐ญ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐๐ฏ๐๐ฅ๐ฌ.
Most traders lose money chasing moves and getting shaken out by noise. Every night after the close I map the key levels and candlestick pivots on #GOLD, #SILVER, $GDX, $WTI, $URA and other major commodities, so you know where to get in and where you're wrong before the open.
Daily video, my trade alerts, a private Discord and the GoldenEye Trading Journal, all for $5.97 USD/month.
๐ goldeneyeanalysis.com
Free Discord trial: discord.com/invite/e4PEY2UcEโฆ
ALT GoldenEye Analysis invite: Learn to read price sentiment. Trade the levels, not the noise. Daily videos, trade alerts, private Discord and a trading journal. Join for $5.97 USD/month at goldeneyeanalysis.com
$PSX
$PSX looks like it's going to close this week without a confirmation pivot. Last week printed a dark cloud cover at the highs near $300 (post below), but so far this week price hasn't closed below the dark cloud cover's low. Without a bearish pivot, the bulls remain in control.
That said, a dark cloud cover followed by this week's doji candle, with the MACD histogram no longer rising and the RSI giving us a bearish divergence (lower highs on the RSI while price made higher highs), makes this a nice area to take some gains for those who have been riding this uptrend.
Definitely not a place to add here. Price is trading around $281.64 so far this week, very extended from the 50 EMA ($202.43) and the 200 EMA ($147.37).
If you're serious about growing as a trader, surround yourself with structure and proven strategy. Members get access to the tools we use daily: precise entries and exits, high-probability patterns, and daily technical video reviews of commodities and broader markets. See how we execute, manage risk, and navigate volatility using disciplined strategies. Join us at goldeneyeanalysis.com.
Come check us out on Discord and start your free trial, see what we're all about firsthand: discord.com/invite/e4PEY2UcEโฆ
$VLO $MPC $XLE $PBF $DK $PARR $CVI $CRAK #OIL #COPPER #XAUUSD #PALLADIUM #BITCOIN $XAUUSD $GC $GLD $GOLD $GDXJ $NEM $AG $COPX $WTI $OIL $XOM $URA $URNJ $BTC $UUP $UDN
ALT PSX weekly chart: dark cloud cover at the highs near $300 last week, followed by a doji this week, with price well above the 50 and 200 EMAs, a fading MACD histogram and a bearish RSI divergence.
ALT GoldenEye Analysis Dark Cloud Cover graphic: a bearish reversal pattern where a red candle opens above the prior green candle's close and closes below its midpoint; confirmation comes on a close below the red candle's low.
ALT GoldenEye Analysis Bearish Divergence graphic: in an uptrend, price makes a higher high while the RSI makes a lower high, a sign that buying momentum is fading; it is an early warning, and confirmation comes from a bearish pivot in price.
$PSX
Dark cloud cover at the highs here.
A dark cloud cover is a two-candle bearish reversal pattern: a strong green candle in an uptrend, followed by a red candle that opens higher and closes below the midpoint of the green candle's body. It's a warning that sellers are starting to step in.
But it's only a warning. Confirmation comes when the next candle closes below the red candle's low. Until bears confirm the bearish pivot signal candle, bulls remain in control.
Want the full plan behind setups like this? Members get daily videos, coaching lessons and alerts on my own trades: goldeneyeanalysis.com
#OIL $VLO $DK $PARR $CVI $CRAK
ALT Phillips 66 (PSX) weekly chart with the 50 and 200 EMAs. A rising support line runs from the 2025 low, price based under horizontal resistance in early 2026, then broke out in July and has trended strongly higher, well above both EMAs. At the highs, a green weekly candle is followed by a red candle that closed back inside its body.
ALT GoldenEye Analysis 'Dark Cloud Cover' graphic, a bearish reversal pattern at the top of an uptrend: a strong green candle, then a red candle that opens higher than the previous close and closes below the midpoint of the green body. Confirmation is the next candle closing below the red candle's low. Tips: look for it at resistance with higher volume and wait for confirmation; common mistakes include using it in a downtrend or entering before confirmation.
#GOLD
#GOLD is breaking below its range floor on the daily chart, down about $141 (-3.5%) so far today and trading around $3,879 after a low of $3,876.39.
The June to October lows held around $3,950 to $4,000 as the floor of this range. Today's large red candle opened at $4,024.04 and is now trading below that floor. A breakdown only counts on a daily close with conviction, so a daily close below $3,950 to $4,000 would confirm the range breakdown.
The bigger picture backs the bears. Price has respected the descending resistance trendline from the late-January high near $5,600, and the August/September bounce to around $4,650 was rejected right there. Price is now below both the 50 EMA ($4,183.75) and the 200 EMA ($4,272.44), and the 50 is curling under the 200.
Bears are in control. Bulls need to reclaim $3,950 to $4,000 to negate the breakdown. There's no long setup until a bullish pivot prints.
Are you tired of staring at charts, second-guessing entries and exits, and feeling late to every move? Most traders don't need more noise, they need clarity. We simplify the process with clean commodity setups, key pivots, and timely entry alerts, plus daily technical video reviews covering the top commodities. The focus is simple: clean charts, precise execution, and emotional discipline. Join us at goldeneyeanalysis.com.
Come check us out on Discord and start your free trial, see what we're all about firsthand: discord.com/invite/e4PEY2UcEโฆ
$ABX $AGI $AYA $BTG $EGO $FNV $GAU $GC $GDX $GDXJ $GFI $GLD $GLL $GOLD $HMY $IAG $KGC $NEM $NGD $OR $RGLD $SA $SAND $SBSW $SSRM $UGL $WPM $XAUUSD #XAUUSD $AEM $AU $EQX $PAAS $CMCL $GORO $MGG $PRU $VGZ $CXB $TGZ $RXT #COPPER #PALLADIUM #BITCOIN $AG $COPX $WTI $OIL $XOM $URA $URNJ $BTC $UUP $UDN
ALT Gold (XAUUSD) daily chart, Oct 30 2026: price breaking below the $3,950-$4,000 range floor, under the 50 and 200 EMA and descending resistance from the January high
#SILVER
#SILVER is extending lower on the daily chart, down 6.2% so far today and trading around $48.90 after a low of $48.86. Today's candle opened at its high of $52.23, and sellers have had control all session.
Price lost horizontal support at $54.38 last week, and that level is now resistance. Silver is trading below both the 50 EMA ($59.73) and the 200 EMA ($63.73), and well under the descending resistance trendline from the January high near $120, which rejected the August/September bounce.
Today's drop is testing the lower dotted falling trendline around $48 to $49. The MACD is at -2.78, below its signal line at -2.23, and the RSI is at 23.5, deeply oversold.
Oversold can stay oversold, if you trade the daily time frame be patient here. Full technical review of #SILVER on the daily, weekly timeframe coming to subscribers this weekend. Stay tuned. Lets discuss those key levels!
If you struggle with inconsistent trades, unclear setups, or emotional decisions, that's exactly what we help solve. If you want to sharpen your technical analysis, improve your trading skills, and learn Japanese candlestick concepts with real guidance, we share chart setups, technical lessons, and daily post-market commodity video reviews. Join us at goldeneyeanalysis.com.
$ABX $AEM $AG $AYA $BVN $CDE $CX $EXK $FNV $FSM $GATO $HL $MAG $NEM $PAAS $SIL $SILJ $SILVER $SLV $SLVP $SKE $SSRM $SVM $XAGUSD #GOLD #CL #URANIUM #DXY #PLATINUM $GDX $DXY $URNM $FCX $PALL $NVDA $AAPL $USO $UGL $GLL $BITO $UCO
ALT Silver (XAGUSD) daily chart, Oct 30 2026: price below $54.38 support and both EMAs, testing the lower dotted falling trendline, RSI 23.5
#LE
#LE live cattle bears have maintained momentum ever since the pivot high that followed the counter attack candle we flagged in the post below. Price lost the 200 EMA ($228.82) after that pivot high, and today we're losing the 50 EMA ($224.83).
We've also lost our higher lows, breaking below the rising wedge that had guided the bounce off the August low. The MACD has crossed below its signal line, and the RSI has dropped from around 60 to about 38.
Bears are in control. There's no setup on the long side for now. Next support looks like it sits at the horizontal level around $209.50 from the August lows - eeshh.
Do you jump into trades without a plan, then move your stop or exit too early when price turns against you? Our course walks you through building a trading plan step by step, from chart patterns and key levels to entries, exits, and risk. Members also get my trade alerts, the chat room, a trading journal, and daily commodity video reviews, so the plan gets put to work every day. Join us at goldeneyeanalysis.com.
#LIVECATTLE $LE $TSN $HRL $JBS $ADM $DBA #GOLD #SILVER #CL #URANIUM #DXY #PLATINUM $GDX $DXY $SLV $PAAS $URNM $FCX $PALL $NVDA $AAPL $SILJ $USO $UGL $GLL $BITO $UCO
ALT Live cattle daily chart: counter attack candle at the late-October pivot high, price below the 200 EMA and losing the 50 EMA, broken below a rising channel from the August low, with MACD and RSI panes
ALT GoldenEye Analysis bearish counter-attack candlestick pattern guide
#RC1!
Robusta coffee #RC1! has not put in a bullish pivot reversal back to the upside since the bearish engulfing candle at descending resistance on October 7 (post below). That rejection came at the descending trendline and the 200 EMA, and sellers have kept control since.
Price has since lost horizontal support at $3,245, spiked down to around $3,090, and is now trading sideways just under that broken level. This looks to be forming a bearish pennant.
Bulls need to invalidate this setup, because bearish pennants typically break to the downside. Price remains below both the 50 EMA ($3,427) and the 200 EMA ($3,656), and the MACD is still below its signal line.
There is no bullish setup for now. Patience until price shows us one.
Struggling to find reliable entry signals or make consistent trades? GoldenEye Analysis is here to help simplify your journey. We focus on the most important leading indicator: price. Our daily analysis videos and insights on major commodities like #GOLD and #SILVER are designed to give you a clear and practical outlook. Join our team of traders at goldeneyeanalysis.com.
Come check us out on Discord and start your free trial, see what we're all about firsthand: discord.com/invite/e4PEY2UcEโฆ
#COFFEE $KC $SBUX $KDP $JVA $BROS $NSRGY #COPPER #BITCOIN #PALLADIUM #XAUUSD $GLD $XAUUSD $GC $URA $WTI $COPX $BTC $AG $NEM $URNJ $TSLA $GDXJ $GOLD $OIL $UUP $UDN $MARA $XOM
ALT Robusta coffee daily chart: bearish engulfing candle at descending resistance and the 200 EMA in early October, price below horizontal support at 3,245 and trading sideways, below the 50 and 200 EMAs, with MACD and RSI panes
ALT GoldenEye Analysis bear pennant pattern guide
$PBR
$PBR is back testing the neckline of the daily cup and handle it broke out of in early October (post below). After the October 26 gap down, price has pulled all the way back to the rim around $22.
This is the retest we often see after a breakout, where old resistance needs to hold as new support. Bulls need to hold about $22 and reclaim the 50 EMA ($22.31), which price is sitting just under today. A close back inside the cup, or under the handle low near $20.20, would weaken the setup.
Caution is warranted. The MACD has crossed below its signal line after the strong push, and the RSI has cooled from above 70 to about 41. There is no confirmed bounce yet, so let price prove that support is holding before getting aggressive.
Want to get better at reading price sentiment? Keep it simple, focus on the basics, and let price guide you. In our Discord chat room we share video updates reviewing the most popular commodities and discuss strategies, setups, and trading tips to help you grow as a trader. Come check us out and get daily access at goldeneyeanalysis.com.
$PBR $XOM $CVX $USO $XLE $OIH #GOLD #SILVER #CL #URANIUM #DXY #PLATINUM $GDX $DXY $SLV $PAAS $URNM $FCX $PALL $NVDA $AAPL $SILJ $UGL $GLL $BITO $UCO
ALT PBR daily chart: cup and handle breakout in early October, gap down on October 26, price retesting the neckline near $22 just under the 50 EMA, with MACD and RSI panes
ALT GoldenEye Analysis cup and handle bullish continuation pattern guide
๐๐จ๐ฅ๐๐๐ง ๐๏ธ - ๐ ๐๐๐๐๐ฌ ๐จ๐ฃ๐๐๐ง๐
We have a midday update to this morning's pre-market update, shared below.
Gold's loss has more than doubled since then, from -1.35% to -3.06%, now at $3,897.62.
Silver has extended from -3.86% to -5.66% at $49.21. Platinum is little changed at -3.01% ($1,438.25), and palladium has pared its loss to -1.35% at $986.80.
Copper is down 1.87% at $6.48 and natural gas is down 0.75% at $2.52, while WTI is up 1.30% at $105.50.
Gold has lost the $4,000 support level and is following through toward the June lows, below the 50 and 200 EMA.
Silver is trading under $50, the retest level of the monthly cup and handle breakout. We need buyers to reclaim it with confirmation.
WTI is still pressing the $105 to $106 ascending triangle resistance. No breakout until a daily close above it with conviction.
Do you chase breakouts, only to watch price reverse on an upper wick? We teach you to wait for confirmation: a daily close above the level with conviction, not a guess. Members get daily post-market commodity video reviews, key levels and setups, and a step-by-step course to build a trading plan around patience and risk management. Join us at goldeneyeanalysis.com.
#GOLD #SILVER #CL #URANIUM #DXY #PLATINUM $GDX $DXY $SLV $PAAS $URNM $FCX $PALL $NVDA $AAPL $SILJ $SILV $USO $UGL $GLL $BITO $UCO
ALT GoldenEye midday update scoreboard, Oct 30 2026, as of 12:38 PM ET: gold -3.06%, silver -5.66%, platinum -3.01%, palladium -1.35%, copper -1.87%, WTI crude +1.30%, natural gas -0.75%.
$XLE
$XLE has rewarded traders who took the bullish engulfing pivot off the 50 EMA and horizontal support we highlighted on October 1 (post below). That candle closed at $62.70, and price is now trading around $69.69, about 11% higher.
If you took this setup and you're still in, fantastic job. Keep trimming and trailing.
Today we're putting in, so far, a shooting star, so we'll see how the candle closes. Bulls remain in control as long as these higher highs and higher lows remain intact. Price is still well above the rising 50 EMA ($64.98), and the MACD line remains above its signal line.
Learn price action-focused technical analysis for about $0.20 a day ($5.97 USD a month). Get exclusive charts, alerts, key setups, and an active chat room to boost your trading confidence. Plus, access our daily commodity video reviews covering #GOLD, #SILVER, #BITCOIN, #URANIUM, #COPPER, #CL, #COFFEE and more, with price action coaching. Join hundreds of traders today at goldeneyeanalysis.com.
Come check us out on Discord and start your free trial, see what we're all about firsthand: discord.com/invite/e4PEY2UcEโฆ
$XOM $CVX $COP $OIH $XOP $USO #XAUUSD #PALLADIUM $GC $GDXJ $UDN $MARA $GLD $COPX $GOLD $TSLA $AG $UUP $NEM $WTI $URNJ $XAUUSD $BTC $URA
ALT XLE daily chart: an Engulfing callout on the early-October candle off the 50 EMA, followed by higher highs and higher lows up to about $70, with the 50 EMA at 64.98, the 200 EMA at 58.66, MACD above its signal line and RSI at 66.5.
ALT GoldenEye Analysis educational graphic: Bullish Engulfing candlestick pattern, a two-candle reversal where a green body fully engulfs the prior red body, most reliable at key support, with entry, stop loss and confirmation tips.
$NTR
$NTR is giving us a bullish continuation candle today, with bulls pressing on and recapturing the weekly 50 EMA (about $68.26), building on the post below.
We want to make sure we don't have a bearish pennant here. After the drop from the September shooting star at resistance, price has been consolidating in a tight range, and a close below that consolidation would put sellers back in control.
Bulls also want to make sure they hold this ascending support, now around $66, because we might be building a head and shoulders pattern. Resistance remains at about $83 to $84 (the March and September highs), and the weekly 200 EMA sits near $62.43.
Do you struggle with reading price action? Do you overtrade or let emotions drive your decisions? Are you having trouble recognizing trends? If so, join our team. We can help you develop more patience, build a trading plan you can follow, and learn to read charts with greater accuracy. Join us at goldeneyeanalysis.com.
#POTASH #FERTILIZER $MOS $CF $IPI $CTVA $ICL $LXU #GOLD #SILVER #CL #URANIUM #DXY #PLATINUM $GDX $DXY $SLV $PAAS $URNM $FCX $PALL $NVDA $AAPL $SILJ $USO $UGL $GLL $BITO $UCO
ALT NTR weekly chart: horizontal resistance near the March and September highs with a shooting star in September, rising support line below price, price back above the 50 EMA (68.26) with the 200 EMA at 62.43.
ALT GoldenEye Analysis educational graphic: The Bear Pennant. A sharp drop (pole), then a small converging triangle; a close below the lower line confirms, with stop, entry and target levels.
$RIG
$RIG traders who took the bullish Fred Tam reversal signal at the 50 EMA in the post below, congratulations, you're now up over 20%. Price was at $5.51 when we posted the setup, and it's trading at $6.87 today, up 7.18% this week.
We've now hit our first target: the long descending resistance line from the mid-2023 high, around $7. This is a great spot to trim some off the table and leave some on in case we break out.
That line is also the neckline of a large cup and handle. The cup runs from the 2023 high down to about $2.10 in 2025 and back up, and the handle pulled back to about $4.80 before buyers stepped back in. Price is above the 50 EMA ($5.42) and the 200 EMA ($5.03), and the weekly MACD has just crossed above its signal line.
We're about to break the neckline. The weekly candle closes today, so we need a weekly close above it with conviction to confirm the breakout.
If you're finding these tips helpful and want to deepen your understanding of technical analysis and price action, we've built an entire platform to support your growth as a trader: chart patterns, real-time trade alerts, educational video breakdowns, and an active chat room where we review setups daily. Whether you're refining your edge or building your first trading plan, we're here to help. Join us at goldeneyeanalysis.com.
Come check us out on Discord and start your free trial, see what we're all about firsthand: discord.com/invite/e4PEY2UcEโฆ
#OIL $NE $VAL $SDRL $BORR $DO $HP $NBR $PDS $SLB $HAL $OIH #XAUUSD #COPPER #PALLADIUM #BITCOIN $GC $GDXJ $UDN $MARA $GLD $COPX $GOLD $TSLA $AG $UUP $NEM $WTI $URNJ $XAUUSD $BTC $XOM $URA
ALT RIG weekly chart: price pressing the descending resistance neckline of a large cup and handle near $7, above the 50 and 200 EMAs, MACD crossing above its signal line
ALT GoldenEye Analysis cup and handle breakout explainer
๐๐จ๐ฅ๐๐๐ง ๐๏ธ - ๐๐๐ฌ ๐ญ ๐ข๐ ๐ฒ๐ฌ
The GoldenEye Trading Course launches January 1.
Today's preview: the course roadmap, how the 11 parts fit together and the order you learn them in.
Included in the GoldenEye Analysis membership, $5.97 USD/month.
๐ goldeneyeanalysis.com
#XAUUSD #COPPER #PALLADIUM #BITCOIN $GC $GDXJ $UDN $MARA $GLD $COPX $GOLD $TSLA $AG $UUP $NEM $WTI $URNJ $XAUUSD $BTC $OIL $XOM $URA
ALT GoldenEye Trading Course, Day 1 of 60 countdown: the course shown on a laptop and phone, previewing the course roadmap of how the 11 parts fit together. Launching January 1.
๐๐จ๐ฅ๐๐๐ง๐๏ธ - ๐๐ฐ๐๐๐ณ๐๐ซ ๐๐จ๐ญ๐ญ๐จ๐ฆ
The Tweezer Bottom is a bullish reversal pattern that forms after a downtrend when two candles test essentially the same low and buyers defend that level. The best setups form at meaningful support, where the matching lows show sellers tried to push price lower but failed.
Trading tips:
- Prioritize location, support adds confluence.
- Look for a red candle followed by a green candle with matching lows.
- Donโt trade the pattern blindly, wait for bullish confirmation and follow-through.
- Define risk below the tweezer low/support zone.
- Use volume, momentum, moving averages and higher-timeframe structure for additional confluence.
The pattern is the signal. Trend, location, confirmation and risk/reward determine whether it belongs in your trading plan.
If these tips help you build a trading plan, youโll love our full library of strategies, patterns, trade alerts, insights, videos, and chatroom. Join us at goldeneyeanalysis.com.
#GOLD #SILVER #COPPER #BITCOIN #CL #PALLADIUM #URANIUM #DXY #PLATINIUM $GLD $XAUUSD $GC $GDX $DXY $URA $WTI $SLV $COPX $BTC $PAAS $AG $NEM $URNM $URNJ $FCX $PALL $NVDA $TSLA $AAPL #XAUUSD $DXY $SILJ $SILV $GDXJ $BTC $PALL
$PTEN
$PTEN is about to close the week with a solid bullish continuation candle, up 9.36% so far this week at $13.09, putting us on breakout watch.
Price is pressing right into horizontal resistance around $13.20, the level that has capped price since about May. It's riding rising support from late 2025, where we got the tweezer bottom in July, and it's trading above the 50 EMA ($10.17) and the 200 EMA ($9.75). This follows the earlier breakouts above long descending resistance and the horizontal resistance around $9.
Uptrend, above the moving averages, nothing bearish here. The weekly candle closes today, so this isn't a breakout yet. We want a weekly close above resistance with conviction, not a chase into the wick.
If you trade but find yourself constantly averaging down, missing key swings in either direction, and looking to sharpen your overall skill set while trading #GOLD, #SILVER, #URANIUM, #COPPER, #CRUDE, #BITCOIN, and more, we help you build the structure to fix that, from reading price action to building a trading plan. Join us at goldeneyeanalysis.com.
#OIL $HP $NBR $PDS $LBRT $RIG $SLB $HAL $OIH #CL #DXY #PLATINUM $GDX $DXY $SLV $PAAS $URNM $FCX $PALL $NVDA $AAPL $SILJ $USO $UGL $GLL $BITO $UCO
ALT PTEN weekly chart: price pressing horizontal resistance near $13.20, riding rising support with a July tweezer bottom, above the 50 and 200 EMAs
ALT GoldenEye Analysis continuation vs indecision candle explainer
$VALE
$VALE is printing a bullish engulfing candle today, right at the 0.618 Fibonacci retracement around $11 of the move from the $8.06 low to the $17.94 high.
A bullish engulfing is a green candle whose body completely covers the prior red candle's body, showing buyers stepping in and overpowering sellers.
This comes after a steep pullback from around $16 in September, and price is still below the 50 and 200 day moving averages, with the 50 turning down toward the 200.
The candle is still forming, so we need a daily close to confirm it, then follow-through. Bulls want to see a higher high next. Overhead, the 0.5 retracement sits around $12 and the 0.382 around $13.30.
Stay organized and trade with confidence by accessing all my charts by commodity type, including key setups and my personal trades. Learn in real time through our active chat room and stay aligned with market momentum with a daily technical video on our most popular commodities. The result: better preparation, cleaner execution, and smarter decisions, all for $5.97 USD a month at goldeneyeanalysis.com.
Come check us out on Discord and start your free trial, see what we're all about firsthand: discord.com/invite/e4PEY2UcEโฆ
#IRONORE #STEEL $RIO $BHP $CLF $MT $SCCO $FCX $XME $PICK $TECK #XAUUSD #COPPER #PALLADIUM #BITCOIN $GC $GDXJ $UDN $MARA $GLD $COPX $GOLD $TSLA $AG $UUP $NEM $WTI $URNJ $XAUUSD $BTC $OIL $XOM $URA
ALT VALE daily chart: bullish engulfing candle at the 0.618 Fibonacci retracement near $11, below the 50 and 200 day moving averages
ALT GoldenEye Analysis Fibonacci retracement explainer: the 62% sweet spot, a pullback to the 61.8% level from swing low to swing high, with 38.2% and 50% levels marked
ALT GoldenEye Analysis bullish engulfing candlestick pattern explainer
$Trader retweeted
Breakoutโฆ are you buying here, or waiting for the close? ๐
The candle pushed above resistance while it was still open.
Then it closed back below as a shooting star.
Wait for the close. A failed breakout is a short setup.
Join up at goldeneyeanalysis.com
#FINTOK #TRADING #STOCKSTOWATCH #DAYTRADING #SHOOTINGSTAR
$Trader retweeted
๐๐จ๐ฅ๐๐๐ง ๐๏ธ - ๐๐๐๐ฅ ๐ฉ๐๐๐จ๐ ๐๐๐ฃ (๐๐ฉ๐)
A big, fast candle can leave a zone behind it called a fair value gap, and price often comes back to it. Here's what the name means and how we trade it.
What "fair value" means: fair value is the price area where buyers and sellers agree, so trades happen on both sides. When price moves so fast that one side barely gets filled, it leaves a gap in that two-sided trading. That's an imbalance, and price often returns to fill it so both sides can trade there.
How to spot one: three candles in a row, with a big one in the middle. If the high of candle one and the low of candle three don't overlap, the space between them is the fair value gap.
The story on this chart: price pushed into resistance again and again, then a big green candle broke through. The gap it left sits right on top of that old resistance.
The look-alike: a regular price gap is empty space between two bars, because one candle opened beyond the last one's range. A fair value gap has no empty space on the chart. It hides inside the big candle, between the wicks of candles one and three.
The trade: when price pulls back into the gap, old resistance is now support. We don't trade off one candle here. It needs to be a pivot low reversal setup, which can be a combination of candlestick patterns if you know how to read price sentiment. On this chart the sellers dry up and the lows stop falling. Once the pivot signal comes, confirmation follows. Then we measure risk to reward and execute the trade. The stop goes under the pivot low and the target sits at the prior high. A close below the bottom of the gap cancels the setup.
The gap shows you where to look. The pivot setup tells you when to buy.
At GoldenEye we mark the zones price is likely to come back to, then wait for the pivot to confirm. Inside you get candlestick strategies, a library of trading concepts like this one, unlimited on-demand chart reviews, and daily post-market video reviews of the levels we're watching. Join us at goldeneyeanalysis.com!
$PAAS $HL $SIL $SIVR $CDE #SILVER #FAIRVALUEGAP $GLD $XAUUSD #GOLD #XAUUSD $GC $GDX $GDXJ $GOLD $DXY $URA $WTI $USO $SLV #SILVER $COPX $PALL $GLD $UGL $GLL $URNM $URA $BITO $USO $UCO $OIL $UUP $UDN $FCX $AG $PAAS $SLV $MARA $XOM $WTI $COPX
#SILVER
#SILVER now has a pivot low on the intraday timeframe.
In the post below, there was no pivot, $50 had just broken and we were waiting for an entry on the long side, saying we'd share it in real time if we found one.
Now we have that pivot low. We just took a trade and posted it in our chat room.
Join us at goldeneyeanalysis.com to get access.
$SLV $SILJ $SIL $PAAS $AG $HL $CDE $EXK $XAGUSD
ALT Silver 30-minute chart
$DVN
$DVN is printing a bullish continuation candle today, a strong-bodied candle trading near its high that shows buyers are still in control and the trend is pushing forward. It's trading above descending resistance from the March high, which sits around $52.
Over the past week price tested this line several times and got rejected, leaving upper wicks. Bulls want to see conviction here. A breakout is only an attempt until we get a daily close above resistance with momentum and strength. We don't buy upper wicks or midway through the session.
The bigger picture is constructive. Nice uptrend with higher lows since the July low near $40.50, price above the 50 EMA ($48.81) and 200 EMA ($45.28), and indicators moving higher. RSI is at 63, above its signal line, and the MACD is above its signal line with a rising histogram.
As we shared in the post below, the weekly is on ascending triangle breakout watch. Let's see if we close with momentum and strength.
If you're serious about growing as a trader, surround yourself with structure and proven strategy. Members get access to the tools we use daily: precise entries and exits, high-probability patterns, and daily technical video reviews of commodities and broader markets. See how we execute, manage risk, and navigate volatility using disciplined strategies. Join us at goldeneyeanalysis.com.
#CL #CRUDE #CRUDEOIL #ENERGY $AR $BNO $BP solana:kLqMvUm1p4pRbxU4r8kWCTVAuWMJLtcTJqGb4b5pump $CHK $COP $CVX #WTI $DBO $DRIP $ET $FENY $IEO $OIL $OILK $OIH $OXY $PBR $PR $RIG $RRC $SCO $SLB $SWN $UCO $UGA $USL $USO $USOIL $VDE $WTI $XOM #GOLD #SILVER #URANIUM #DXY #PLATINIUM $GDX $DXY $SLV $PAAS $URNM $FCX $PALL $NVDA $AAPL $SILJ solana:SiLVFMgD3eD2rgK628NbTBq9MnuJF5FW2CRaVyTB35L $UGL $GLL $BITO
๐๐จ๐ฅ๐๐๐ง ๐๏ธ - ๐๐๐ฉ๐๐ฅ๐๐๐ก๐๐ ๐๐๐๐ฆ๐ฆ๐๐ฆ ๐, ๐ ๐๐ก๐ ๐
Not every divergence is worth trading. Traders grade them as class A, B or C, and only one of those deserves your money. Here's what the name means and how we trade it.
What "divergence" means: price and momentum pulling apart. RSI is a momentum gauge. It measures how strong each push is. When price keeps falling but RSI stops falling with it, the selling is losing force.
The three classes: class A (strong) is a lower low in price with a higher low in RSI. Class B (medium) is equal price lows with a higher RSI low. Class C (weak) is a lower low in price while RSI only matches its old low.
The story on this chart: price came back to a support level it had already held, then dipped under it to a lower low. But RSI made a higher low. Sellers pushed price lower with less force than last time. That's class A, at a level.
The look-alikes: classes B and C show a little divergence too, but they're weaker signals. They fail more often, so we pass on them.
The trade: even class A is only a warning. We don't trade it until price builds a pivot low reversal setup at the level, which can be a combination of candlestick patterns if you know how to read price sentiment. On this chart the lows hold and the bodies shrink. Once the pivot signal comes, confirmation follows. Then we measure risk to reward and execute the trade. The stop goes under the pivot low and the target is twice the risk. A close below the pivot low, or RSI breaking its first low, cancels the setup.
Divergence is a warning, not a trigger. Grade it, and trade only class A at a level.
At GoldenEye we grade every signal before we risk a dollar, then wait for the pivot to confirm. Inside you get candlestick strategies, a library of trading concepts like this one, unlimited on-demand chart reviews, and daily post-market video reviews of the levels we're watching. Join us at goldeneyeanalysis.com!
#CRUDEOIL #RSIDIVERGENCE $XLE $XOP $OIH $USO $UCO $BNO $XOM $CVX $COP $OXY $EOG $DVN $FANG $HAL $SLB $CNQ $SU $CVE $MPC $VLO
$WMB
$WMB printed a shooting star yesterday, with its upper wick poking above descending resistance near $76 before sellers pushed price back down.
A shooting star is a bearish candle: a long upper wick and a small body near the low, showing buyers pushed price up and sellers slammed it back. It needs a later close below the star's low to confirm.
Today we have no confirmation and no bearish follow-through. Instead, price is pressing right back into descending resistance from the May high, now around $75.
$WMB is holding above the 50 EMA ($72.29) and the 200 EMA ($70.72), and as we shared in the post below, the uptrend remains intact within the ascending channel on the weekly timeframe.
We're about to break out above descending resistance. If we do, bulls want to see a higher high above yesterday's shooting star high near $76.
As always, we wait for a daily close above resistance with conviction.
Do you chase breakouts, only to watch price reverse on an upper wick? We teach you to wait for confirmation: a daily close above the level with conviction, not a guess. Members get daily post-market commodity video reviews, key levels and setups, and a step-by-step course to build a trading plan around patience and risk management. Join us at goldeneyeanalysis.com.
Come check us out on Discord and start your free trial, see what we're all about firsthand: discord.com/invite/e4PEY2UcEโฆ
$BOIL $KOLD $DGAZ $UGAZ $FCG $GASL $GASX $NATGAS $LNG $CQP $TELL $SRE $UNG $CHK $SWN $RRC $AR $EQT solana:7rSpKgASuXN5hfw3jsKNZN6ysNCR1Eixb2PD2Nd9pump $XOM $CVX $BP $TOT $ENB $KMI $OKE $TRGP $EPD $MPLX $ET $PAA #XAUUSD #COPPER #PALLADIUM #BITCOIN solana:BGJAMjHLcyX3TAottayJdCp3eKNbN2RBmhmTSUBkUNQp $GDXJ $UDN $MARA $GLD $COPX $GOLD $TSLA $AG $UUP $NEM $WTI $URNJ $XAUUSD $BTC $OIL $URA
