Gold has been in sideways for about 4 months and then in downtrend for 2.5 months. I am not too positive for gold to go in bull trend as indicators just a trend analysis which could go wrong. But here i am using STOCH (again) which appears to be crossed 4 days back and yesterday it came over 20. also, the Forexx MA cross happened 3 days ago. But yesterday, my...
Bitcoin just bounced from 78.6% fib level. And that too, two times in a week !! If we see clearly, there's a doji formation earlier this week and now another bounce was seen today. Earlier bounce did not have any boost in altcoins but today many altcoins were boosted in terms of both BTC and USD. In this i have drawn some trendlines. These trendlines act as...
Its been a ranging trend in silver but it is much better than gold which is in downtrend (Price wise). But gold was better in trading this time. It seems the the trend-line in silver was supported by many buyers as we can see a long tail touching the line. Also the STOCH crossover took place, like earlier two times. Either its too easy to see, so it wont happen....