The Market Sniper discusses an opportunity to trade leverage long on precious metals specifically gold, with a potential 130+ risk reward ratio. The community uses unique ways to target and generate a $2905 target for gold. The video discusses fractalizing patterns and multiple time frame reviews for optimal trading results. The current fiat proliferation game and upcoming CBDC release make gold a non-fiat commodity for potential wealth building. Micro time frame analysis is presented using charts to spot real reversals for maximum gains.

Is Now the Time to Trade in Precious Metals?

Introduction

The world of trading is always changing, and keeping track of these changes can be a daunting task. However, for those in the know, now might be the best time to leverage long on precious metals, specifically gold. In this article, we will discuss why this is the case and how to take advantage of the market.

What’s Happening in the Market

There have been sustained periods where gold has been disappointing, leaving many traders feeling uncertain about its future. However, there was a technical breakthrough on the capping descending grind line that encapsulates the top end of a bull flag. This bull flag is one of the largest bull flags you will ever see, and the original bull pole was brisk in getting up to the 2090 odd levels.

The Target

The target generated from this bull flag will take you to the doorstep of, in fact, the threshold of $2,900. Whether this means there will be a technical blow-off through 3k before a pullback and rest, only the momentum of the market will determine that.

The Risk-Reward Ratio

Now, let’s talk about risk versus reward. You could be getting the most unique opportunity right now to get a one-is-to-one-hundred-thirty-plus risk-reward ratio on this trade. To build 130 RRR, you are looking at several things needing to go right for you. However, the likelihoods of success are high, and if the overall gain had you got one right, it would be worthwhile.

Technical Breakthroughs

The triggering event for this better than going right back to mid-year July was the highs of 2020, which is a better than almost three-year turnaround time flagging period, which you have triggered at two and a half years of churn. This is all happening in a Fiat Proliferation game, which causes banks to fail, everything to go down, and Kenyan ministers to call the dollar a busted flush.

The Power of Patterns

On the four hourly and hourly chart, you can see a unique pattern structure, and by taking multiple timeframes of the review that you are getting set up within multiple setups, you are taking a macro time frame. This is a unique way to get mega risk reward trades that can’t be achieved by individual trades with just a single component in the setup.

Conclusion

In conclusion, gold’s potential is unique, and this is the best time to leverage the long game in precious metals. This is a potential 130 plus risk reward ratio that traders can feel confident in exploring. Remember, to build 130 RRR, you are looking at a number of things needing to go right for you. However, this is a unique opportunity to get a great return on your investment. So get in while the getting’s good and take advantage of the power of patterns and multiple time frames.