Skalonga

Skalonga

The Fibo brand has held and gold is once again on the way to new highs!

Skalonga

If he can build over 1730 on 4 h a green bar, be ready for take off

Skalonga

Goldprice continues to rise. The long-term trend is stable. The price of gold rises steadily as the channel oscillates. In my opinion, is so far an not occurred breakout over the upper trend channel, is due to the FED policy and associated with the rapid stock market rise. However, I think that the S&P500 will not break above the 2950 level and gold will...

Skalonga

The 34 mark is proving to be a resistance. If after the first attempt on May 21st, the second attempt also fails at the 34 level, a major correction to the $25-28 level is imminent. This level has proven to be a strong resistance and support. Additionally it is a Fibonacci retracement. Overall, the upward trend in oil should continue, so the $25 mark should...

Skalonga

Gold accumulates strength upwards