Cup an Handle Pattern in XAUUSD, where the test on the upper level (handle) didnt brake upwards, showing tendency to lower levels.
$BTC $BTCUSD Fractal Analysis of Bitcoin in 2017 and 2020-2021. Notice levels with fibonacci retracement and the proportion of rectangles. Jan 11 -13%
$BTC $BTCUSD Fractal Analysis of Bitcoin in 2017 and 2020-2021. Notice levels with fibonacci retracement and the proportion of rectangles.
DXY falling during asiatic session. Gilead can now supply remdesivir to any hospitalized patient in the U.S. and will be able to satisfy global demand by the end of October Trump take advantage as candidate for the US presidency. Next Level for GOLD 1930-1940, expect a similar growth on silver.
DXY falls bellow MA50, during the asiatic session. XAUUSD & XAGUSD appreciating. Gilead can now supply remdesivir to any hospitalized patient in the U.S. and will be able to satisfy global demand by the end of October. Next Level for DXY is 92.80
Inverse Head and Shoulders formation, signal of bottom and beginning of Up Trend DXY Losing strength Trump apparently looking better from Covid19 If NDX break fibonacci resistances NDX goes to 11,750
For gold to be bullish, it has to get inside the triangle. For gold to be bearish it has to go bellow 1885, Important resistance in 1850, if it breaks it next level 1800-1820
Fall during Asian Session, Bounce over night!!!
Next Levels 1910-1913 If it break that Level 1920.
Q3 delivery report comming
Flag Formation in development, waiting for it to decide if is a break up or a break down.
3 Mid Term Scenarios: Long Above 1900: Dollar Weakens from today till the presidential elections Gold surges as hedge Economic Stimulus Package for the next 2 weeks. Bull Flag until it breaks 1900 Market hold while Economic Stimulus Package Oscillation between 1875 & 1900 Short Bellow 1850 Least Probable Scenario from today till...
XAUUSD Posible Uptrend due to Debate
DXY weakened Economic stimulus comming Expect the same behavior on Silver
Long if breaks 1875 Short if breaks 1850 DXY about to get to 95, I see more viable the short case. After test in 1820 it can go down to psychological 1800, or bounce strongly to 1850. Silver will follow Gold on trend...
FED is the new bubble, the biggest investor in the market
S&P has overpass the ATH by 130 points in few days, the correction just started and will probably be stopped by the FED in the next days.