Let's plunge into the see before Flying up ;)
Market maker need your money and use the media to reach their goal: weaker dollar. When we arrive around 110 level, the image of the "Trump House" will be reinstored (like Obama in the first 100 days). But suddenly something magic will happen with a new direction to 118: at that moment banks gonna sell what bought cheap from you ;) Good luck!
First goal achieved next one on the way. With a no rate hike the dollar could fall a little in favor of gold. Once the market gonna absorb the news the Trump's effect will make dollar great again ;) but it won't last forever ;) Happy trading!
Here we are again: no rate hike, little dollar reaction and back to the trend again. Christmas time gonna bring some good news to add to the new Trump's hopes. We won't see 1400 soon.
The country developed itself building roads, telecomunications, networks and hiring cheap rural labor force. We reach the economical mature stage and the demographic trend of young income-earning workers, it’s ready to swing in a growing class of pensioners. The over-investment, highest corporate debt ration in the world (www.theguardian.com ), surging debt/loans...
Sound Energy has Tendara licence offshore in Morocco.The licence covers eight blocks across a total of 14,500 square 0.89% kilometres. Once that the psychological threshold is ovecome, the stock still have room to run higher. At the end of September we gonna have further news about the second drill. Considering we had a fantastic first one with gas quality and...
Bollinger finally cross 200 MA for the new trend. Holiday finished and concens about the market are still there. Draghi and Yellen, help by Fisher & CO will turmoil the situation, giving us the possibility to buy and sell until the end of the month. FED can suggest other intervention or political theats with a possible little drop, but the unpleasent emotion...
After having met his resistence, DAX drop also thanks to the instable political issue. Merkel / Erdogan tug of war is suggesting only 2 scenarios: Europe visa-free for Turkish citizens or refugees invasion. European Bank stress test: banking system isn't able to regain confidence soon. Germany’s Commerzbank AG and Deutsche Bank AG tumbled to new record...
The trend is still intact. Possible jump with an intesection with MA200. Waiting with patience to add more NUGT/JNUG and waiting until the end of August. Appointment such as BoC & NFP are scheduled. What gonna happen the rest of the month without firm date? Considering SP with its new highs, any news could be an alert for the mass waiting for signals. Crossfingers ;)
The party is not over. Intersection between Bollinger Bands and MA200 in a bullish trend. No hike rate and the forthcoming NFP appointment, would push gold up. I personally prefer NUGT: it can go up with gold as well the US market.
Is 1316 a good entry? I don't think so.. I prefer have a look at other opportunities until Friday. Fed dovish speeches/ apparently good data are always helpfull for stock market, decreasing gold. Brexit’s fears seems over and the circus can start again. But… considering the bigger picture the quantitative easing policies operated by the world’s central banks, it’s...
Sound Energy has Tendara licence offshore in Morocco.The licence covers eight blocks across a total of 14,500 square kilometres. Tendara looks like a significant gas discovery, with potentially significant exploration upside and the well is above initial expectations. An other consideration about the Sound Energy's potential is Gazprom’s decision to cut prices in...
The market it’s absorbing the Brexit impact and considering the trend, Gold could fluctuate until the first/second week of July (1300-1340). If we consider an avarage trend of 3 weeks, we are going to have some more bearish days before the next movement, even if there were some interruptions such as bank manipulation and brexit hysteria. Good indicators are OIL,...