RaffaeleL

RaffaeleL

Hello everyone. I have supplemented my idea based on the Elliot wave theory based on yesterday's market situation. The closing of gold on the current resistance line at $ 1842.10 is a positive signal for me to start the trading week with renewed momentum after the weekend. So I believe that wave 5 will be an extended wave. Which will test the area around 1870-1880...

RaffaeleL

Hey guys, as you can see we have already tested the MA50 successfully on Twitter. I expect the same confirmation for today since we are in a perfect position for a long rebound from the MA50. Also we have that support line that gives us a good chance to see rising prices for today. Wish you all a good day!

RaffaeleL

Hi guys! Today I would like to share my thoughts on the current gold price with you. Even if the gold price seems extremely turbulent at the moment, it certainly gives us the opportunity to trade in the direction of "long". As you can see, a double bottom formed in the month of March to April, which has now broken out successfully by negotiating the ...

RaffaeleL

Right now everything is just right on Twitter. In the past few weeks a wedge has formed that now seems to break out in the 3/4 range. We were also able to overcome the MA50 with high trading Volume . Compared to its direct competition from the tech sector, Twitter has a favorable price / earnings ratio of 15. The fact that the NASDAQ-100 has some catching up to...