In the last two analysis of GOLD the market followed perfectly what we told you before in the beginning of the last month. After the FED meeting and cloudly information that Powell gave about the next cuts the market will be a little bit confused. We think the market will reach levels of 1390-1387 and after that, there will be a full month of ranging. In...
As dollar is growing we can see Gold Creating this head and shoulders with target to 1406 or lower. Consider the operation till the FED meeting at the end of the month
As you see in the image according to my personal opinion Gold will try again to reach 1439-1440. After failing we will see a fall til 1380. This is supported from the foundamental analysis where Investors are waiting from the FED a rate cut wich will give an addition push to the Gold to test the 1440 level. What I think is the the effect of Rate cut will last...
Looking at the recent levels of the market it seems it wants to get down but when you take a look the previous similar situation it tells us that it goes in the oposite direction reaching new highs. Maintaining a very strong money management plan, I mean using little lot sise you can consider to go long once the market goes above the trend line (as it is...
This market seems to wait for a pushing signal in order to take direction but according to the indicators on the chart, it will probably take an upgoing direction in middle-term till meets 109.90. Keep SL at 105.50
Hello Crude Oil Traders. Let's take a look at this Chart. According to Fibonacci retracement, it seems that the market will get into a short and middle-term downtrend. It retraced to 0.23 level that indicates us an intention to get down. Even that the last crude oil inventories were very positive for the market it couldn't make any progress in the bullish trend....
Bitcoin is going ahead with its bearish movement. It has to get over 12300 in order to begin a bullish direction otherwise it will test the first short-term support at around 10000 or lower at around 8 thousand. Right now the best choice for short-term investments is to go short by paying a high attention to capital management. That means Small investments to...
It seems to be the right momentum to buy in this market. While the remain cloudly in a bearish try because of the costs of tax reform and the effects that it may have on the US inflation. Lower tax means bigger buy potential that can produce a higher CPI. FED might be forced to increase interest rates while the government will have to find a solution for the tax...