Gold price manipulation The central banks keep manipulating the gold price, surprise surprise. You can see the manipulate pattern in the chart above. It’s too easy to see. This is my idea for gold. Leave ur ideas in the comments.
AUGUSD
Strong Bullish Reversal for AUG/USDAUG/USD is approaching a very significant Resistance Zone. This indicates a possible Strong Bullish Reversal. Keep a lookout! I don't personally trade these but I did notice a possible setup for major pips!
What's your opinion? Let me know in the comments!
Much love,
- ALPHALICIOUS
Disclaimer: This is my personal opinion of the current market. I am not responsible for any trades that you place. Please use your own analysis and research before you execute a trade and use proper risk management. Thank you!
Here's another look at Auger (REP/USD)We may see a rise by end of May, Or it may just go sideways for awhile. Otherwise, we may see a very bearish pullback to around $8 to $10 dollar.
Silver's fight into the official bullmarketSilver has managed to cross the bear-market line and it is now also working to break the ICL neutral line.
Sustaining above the red level officially put silver in a bull market and it will lead the way for gold into the official bull market. This will lead to a rally in silver.
Then one can say that the bull market in precious metals is officially "ON" and say that it started in December 2015.
Brent crude is due to continue rising during the summerUKOIL Brent crude is due to continue rising during the summer at least up to $55-60. High gasoline/petrol during the warmest season of the year is already taking place. Oversupply is not lasting long for a finite commodity specially in an increasing more volatile and unstable world where plenty of conflicts accross the globe are arising. We shall never unfortunately see again $30 a barrel prices, is more likely to keep going up to a minimum of $80 UKOIL in the next couple of years.
Pivot point at $45 and for WTIOIL the same applies. Bear in mind that is interesting to keep on eye on AUGUSD and XAUUSD prices as well as 2016 is becoming the year for commodities
Perfect time for a corrective rally Current daily trend signals an impending temporary reversal to silver's parabolic decline since the peak of $52.
