6. XAUUSD Let Break Then DecideAccording to the Support (1745.36) and resistance (1721.81) line, First Price Should break and pullback then be traded.
If you wanna trade, Lower Time frames are Perfect because Price is range in a channel.
Price Break the top of the channel and went to the Second Target and stopped.
Neutral
$INFO with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $INFO after a Negative over reaction following its earnings release placing the stock in drift C
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Bitcoin Long Term Rising ChannelI drew these lines about 1.5 weeks ago. Seems like we've been adhering to the channel since then. I think by end of Friday due to the historial number of options expiring then, we will see if we break or recover... if we break and confirm broken, we could potentially be in a sideways bear market for a little while, if not, the bull keeps running. As of now, I'm neutral short-term.
Always long-term bullish on bitcoin though
USDCAD NEUTRAL BIASThere high chance of USDCAD melting to the downside because its at a strong resistance on the Higher timeframes such as the daily but this could be also a chance for the bulls to push price higher as its in a uptrend but the longer term picture of this pair is bearish but we will see what the US/london session offers with a directional bias
$GILD with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $GILD after a Negative Under reaction following its earnings release placing the stock in drift A
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$MDLZ with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $MDLZ after a Negative over reaction following its earnings release placing the stock in drift C
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$CI with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $CI after a Negative under reaction following its earnings release placing the stock in drift D
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$SYK with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $SYK after a Positive over reaction following its earnings release placing the stock in drift B
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$ANTM with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $ANTM after a Negative under reaction following its earnings release placing the stock in drift D
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$VALE with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $VALE after a Negative under reaction following its earnings release placing the stock in drift D
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$DOCU with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $DOCU after a Negative Under reaction following its earnings release placing the stock in drift D
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$NKE with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $NKE after a Negative Under reaction following its earnings release placing the stock in drift D
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$CVS with a Neutral outlook following its earnings #Stocks The PEAD projected a neutral outlook for $CVS after a positive over reaction following its earnings release placing the stock in drift B
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Gold - Neutral Post FedWe hold a neutral Gold view despite it's recent bounce post Powell's comments in Wednesday's FED press conference that it is not expected that interest rates will be raised till the end of 2023. This is because Gold is still in a downtrend with the 50 day MA at $1794.20 being below the 100 day MA at $1831.5 and 200 day MA at $1858.7. Therefore we would want Gold to gain upward momentum and to consolidate above resistance at $1754 before taking a long view.
$GE with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $GE after a Positive over reaction following its earnings release placing the stock in drift B
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$CAT with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $CAT after a Negative over reaction following its earnings release placing the stock in drift C
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$BKNG with a Neutral outlook following its earnings #Stocks The PEAD projected a neutral outlook for $BKNG after a positive over reaction following its earnings release placing the stock in drift B
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Silver - Neutral Post FedWe still hold a neutral view Silver view despite believing there is upside potential for the precious metal in the current market environment. The Fed has indicated in last's nights press conference that it doesn't anticipate raising interest rates until the end of 2023. This coupled with expectations of economic growth post covid large could lead to increased in demand for Silver in particular given it's use for industrial production. However, we would wait for prices to consolidate above long term resistance at $26.8 before taking a long view.
$PM with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $PM after a negative Over reaction following its earnings release placing the stock in Drift C
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