I present to you a possible scenario going into the weeks ahead . Gold finished Friday 13 Oct very strong with a move that no doubt destroyed many whom were taken by surprise with the aggressive move out of 1880 back up to 1945 in one trading session . The question is what's next? Well no one has the exact answer but here is a possible scenario which could be on...
here we have a great entry for the audusd where we can take a 75 pips from bullish movement ! we will need to wait for our point and take a entry at right point
Gold prices charted an inconclusive session at the beginning of the week amidst a small uptick in open interest. That said, further weakness should not be ruled out while the next support now emerges at $1,711 per ounce troy
Gold sitting at the top of the Descending Channel presents a great short opportunity . I have marked all the levels going down to the bottom of the channel which were determined using Fib Pull from last swing high . Above us I have marked areas of resistance and it remains to be seen if we see a change in market structure but until then i favour a short...
Copper Weekly – At the beginning of 2011, Copper made a directional change and has fallen more than 50% to date. However, with the copper demand growing, the commodity could be ready to make its next directional change in the coming months. China, the largest consumer of copper, is seeing its economy stabilising once again after suffering during the first half of...