By now, I believe that 99% of the market are already convinced that 26 is the low. Whilst it seems very strong on the daily and weekly chart, the monthly chart will show you an entirely different story! Taken out of context one could easily be mistaken that this daily rally will bring you to the heavens. looking at the 2 circles on the chart, should keep your...
Currently, price is still clinging onto the current momentum. I will be very careful if prices decide to make a dash for 48. This dash should be best captured on hourly chart and not on this day chart. There is a high chance that price will make a touch and go of MACD. There could also be a chance of a small gold cross even! From here there could be 2 scenarios,...