Keep it in your watch list for a 20-25% gain in less than 3 months!
INN MY OPINION BREAKOUT WILL HAPPEN sometime BETWEEN 14-22 MAY! HOPEFULLY, WE ARE GOING TO TEST THE ALL TIMES HIGH AT 1923 OZ/USD BY JUNE 2020.
Education: A bearish engulfing pattern is a technical chart pattern that signals lower prices to come. The pattern consists of an up (white or green) candlestick followed by a large down (black or red) candlestick that eclipses or "engulfs" the smaller up candle. Do not ignore the BEAR in the market!
Bitcoin Failed to break the most important resistance level at 10000 and dropped 13% after 55 days of the bullish rally. It is highly likely that we see another down lege in the bitcoin price to 6200-7800 consolidation zone soon. What makes it more possible is the appearance of the famous 3 BLACK CROWS in the chart!
Slack has just passed the most important resistance level!
After exiting the downward channel and making a cup and handle New gold is ready for new targets!
AFTER BREAKING ALL TIMES HIGH, NOW WITH A SOLID PRODUCTION REPORT AND THE CONSERVATIVE MEAN GOLD PRICE OF 1500 OZ/USD IT IS READY TO BREAK THE CHANNEL AND A SHARP UPTREND.
May 2020 Could be one of the worst months ever for those who don't accept the Bear market!
The first down leg was caused by Absolute panic, but now it is time for the fundamental elements to play their roles! More than 30 million Unemployment claims and -7.8% consumer confidence index means lower spending in coming months which will lead to lower sell and profits for companies! Don’t forget that average bear markets lasts 16 months!
3 white soldiers is one of the strongest reversal patterns! Take it serious, EURUSD will go up to 1.15 fast.
Unemployment: 30 million Consumer Confidence index: -7.5% (worst since the last 60 years) If you think markets have not enough drives to go down you have to consider your positions once again!
This is the beginning of the Tsunami that I have said!
BE CAREFUL, WE ARE ABOUT TO SEE ANOTHER DOWN LEG SOON!
In short time frames(30 min) just wait for gold to get out of the consolidation pattern that usually happens in channels and then buy with confidence.
ONE OF THE 3 COMPANIES WITH HIGHEST CHANCE TO DEVELOPS COVID-19 VACCINE!
This time we go down, but not as sharp as the previous time.
THIS IS ONE OF THE TOP THREE COMPANIES WHICH HAVE THE HIGHEST CHANCE TO DEVELOP SUCCESSFUL VACCINE FOR COVID-19.
oil has entered a consolidation territory and could stay there for a while.