Freud_Mayweather

Freud_Mayweather Updated 

Platinum right now hobbles at key 0.618 regions as it performs a correction; however as Corona virus fears increasingly rise I would start to consider an exit at the 0.786 Fibonacci region at approximately $900 as Fundamentals right now especially in the face of what is being referred to as "a pandemic in everything but name", will beat technical analysis.

Freud_Mayweather

No technical analysis and please remember this is not financial advice. For residents of weaker economic countries, bonds may be a consideration to look into due to plummeting stocks; even as yields lower on bonds, getting a return on the dollar will beat a savings account in a third world country.

Freud_Mayweather Updated 

AMS will remain strong as long as Palladium, Platinum and Rhodium remain strong. Supply at the moment appears to still precede demand as the world pushes to eliminate carbon emissions created by fossil fuels. Expect fuel companies and the price of oil itself to eventually wane to zero as demand dies out. Right now we are hanging at the .618 golden ratio with clean...

Freud_Mayweather

This is predominantly fundamental analysis based but we have an inverted head and shoulders pattern for confluence. One can read the budget speech for themselves, but in summary the future for South Africa's economy still looks bleak.