Granborough-Capital

Granborough-Capital

Not out of question. Significant amount short interest to downside could squeeze the metal to 2700 at the Sunday / Asia Open

Granborough-Capital

Expect the price to move up to R1 OR R2 by EoD. This is based on the previous days PoC examined through volume profile analysis

Granborough-Capital

Previous volume points of control and pivot points are located in the 1.362-5 range. Expect price to move into this range to close

Granborough-Capital

Moving into NY open we expect R2 to get tagged today. This is due to the previous point of control last Friday (14th) and the current R2. NFA

Granborough-Capital

Daily is primed to gap up in overnight futures trading. I see today as a kneejerk reaction to rates increasing which have not yet taken place - March will be a different story. Todays R3 (pivot point) was at 4795 - I expect we land in the 4775-4490 range by close tomorrow on strong retail sales.

Granborough-Capital

Futures created a high early morning. The open sold off - expecting a solid push into close around R2

Granborough-Capital

Consolidation in the afternoon session (1/6/2022) keeps my bias bullish. Gaps need to be filled as we approach 25.0 (see yellow boxes) Risk off soon.

Granborough-Capital

Red order block now

Granborough-Capital

Green order block likely

Granborough-Capital

Red order block likely

Granborough-Capital

Good US data will provide more lift to 64.50 level

Granborough-Capital

US Retail numbers will provide lift

Granborough-Capital

Suez Canal issues will cause oil to rally into the weekend.

Granborough-Capital

Oversupply. Looking for a selloff throughout NY.

Granborough-Capital

Oil has had challenges breaking the lows formed over the past three sessions. Looking for oil to breakdown in this session.

Granborough-Capital

Based on the positioning of SP500, it is apparent investors are turning towards more risk-on currencies such as the EURO. EJ has the tendency to retrace back to SP500. Good luck.

Granborough-Capital Updated 

Based on the two price deteriorations, two Fibonacci retracements show, the price has the potential to reach 1912-1924, w/in the next week.

Granborough-Capital

Buy gold. The gap caused by vaccine news will be filled as the world comes to grip with the second wave.