The relation between gold and real rate 'd push the gold to the first target 1780, then a reaction could occurd --> 1810-1820 for take a long short for the objectif at 1680
take the long position now for reach the previous resitance (horizontal line)
The break of the MM20 daily open the door for a return to 560 (triple top "") then a break 'd be occured.
The result are bad but the guidance are optimistic on EU and US for Q3, I think that a return to 42€ the 50% 'd be a buy signal for the first target break the 61.8%
le secteur bancaire est sous pression (trop?) de mon avis, j'estime qu''il n'est pas responsable de la crise sanitaire et que sa volatiration actuelle est intéressante tant sur la partie dette que sur la partie action. L'indice EU du secteur, a casser les plus bas de mars 2009 pour les refranchir ensuite de manière impulsive (trop vite) ceci nécéssite une...
The corrective mouvement 've reached the 61.8 with a reject and a return in direction of the 50%, the next mouvement 'd be a return to 172 then go long for back to ATH
Since the recent rally, the index has consolidated back towards the support at 98, given by the 200-day SMA. Longer-term, a fall below 98, the 200-day SMA may trigger a decline towards 93.
Short-term, the negative momentum has gained further traction which has pushed the pair below 1.06, the low reached twice in 2016 and 2017. The RSI indicator has been forming a bullish divergence, suggesting the negative momentum is fading and that a rebound could occur. The past support at 1.0620 has become a resistance .A daily close below this level may...
The next weekly cross 'd be an opportunity for sell --> 29/28 then stop the trade and go long for retesting the previsous top in april.
Try to reach the MM200 weekly +/- 112 - 113 then the next target 'd be the top of the box arround 120 - 121
The resistance in red 'd be difficult to pass, I propose to short the zone 186-187 for a retest on the 200MM +/- 180.
The door is open to a return of the 38.2% FIBO
The trend remains bearish until the last bottom 6.5 (2002 bottom) then I 'll consider to pass long for one reason the support of the German Governement (currently in discussion)
Short term, gold has moved below its intemediary support at 1480 (defined by the low reached twice since Aug) The price a reached a first support arround 1445 (38.2% Fibo) The zone bettween 1455 and 1445 are the ideal zone for a new bullish mouvement for break the 1480 zone first then reached the previous top at 1557
The rectangle continue to offer a strong resitance, The non weekly close above the rectangle will push back the curs to the -0.30% the first step then continue to the previous low....!!!!
On the opposite of the 10y, the 30y fall the break the trendline of 2019, I pause may occurd with a return to 2.37% for take an impulsion to break the trendline. Long at 2.37%
After the break of the trendline 2019, I pause may occur and retest of the trendline at 1.8% for a move throught 2% then 2.15%