Sal98

Sal98 Updated 

Gold have been changing directions recently due to political and economic data shifts. While technical analysis have failed to prove potential in an era of geopolitical conflicts, gold will eventually visit the $1,970s yearly liquidity levels. But the real questions will be: “Will J.P.’s speech next week change investors’ view of the economy and CPI progress to...

Sal98 Updated 

Following my 1 hour timeframe analysis, I am still bearish on gold due to the disappointing PPI rates & Initial job claims. Moreover, gold have revisited new annual lows showing more potential to revisit low liquidity levels again, while disregarding all the surrounding geopolitical conflicts taking place all over the world. All shocks driving gold up has been...

Sal98

ORPEA, the firm that is backed up by lots of lawsuits and financial risks. Yet, still one of Europe’s biggest competitor within it’s industry due to Humanitarian and governmental need of its services. A lot of funds are lending it money & moreover they even Fund Strategy Managers are willing to bet on ORPEA’s revival plan. All that for what? Let’s wait and...

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According to the school of technical analysis, “The basic concept of underlying harmonic patterns is based on price/time movements that follow the symmetry of the Fibonacci ratio and its correlations in markets.” The issue with Harmonic Patterns is that harmonic pricing patterns need to exhibit movements of a specific size in order to indicate an accurate...

Sal98

Nasdaq already took into account t that the FED will decrease the interest rates by 160 points, & the market is pricing it as if it’s true. In reality it is not true and J. Powell didn’t take any decisions yet. Supposedly J. Powell sees that his ambitions are. It yet met, he might decrease the rate by 75 points only and the market might easily decline by 8% as a...

Sal98

Watch ORPEA’s revival …. Liquidity will trigger a Massive Bullish Run. I leave this for history.

Sal98 Updated 

This scenario just stopped me for a minute, cause I think it’s worth considering for the long term, especially when a global recover from inflation kicks off. Bitcoin have been the crowds’ best friend and I doubt bitcoin disappearing anytime this decade. Unless satoshi decides to awake and sell all bitcoins at once …. Ouch…;( Bitcoin; widely accepted as a store...

Sal98 Updated 

ACA Are doing great profits and high Return as the inflation rate is declining. Backed up by solid records, I see good potential for this stock.

Sal98 Updated 

NYSE:SBSW Perfect opportunity upcoming for a retest for previous highs. Buy low sell high is a piece of wisdom for risk management.

Sal98

EURONEXT:ORP offers a comprehensive range of services and care to care for frail, elderly people: retirement homes ... According to Le Monde, France's aging population is a challenge that goes far beyond the pensions issue. Quote “ By 2040, it will be nearly one in three, a demographic shock that will increase during the next two decades and poses formidable...

Sal98

One of the most important barometers for global currencies is the Dollar Index (DXY), which measures the value of the US Dollar versus a basket of global currencies.

Sal98

FXOPEN:XAUUSD have crossed the 2070$ level and closed at 2071$. This indicates the continuity of the uptrend until next week to satisfy two things: 1. When Gold crosses 2090$ level, lots of Stop Losses will be triggered which liquidates million of contracts in just minutes pushing the market downwards from that level. 2. Huge number of funds will be either...

Sal98

Lucid has been majority-owned by Public Investment Fund, the sovereign wealth fund of Saudi Arabia. PIF, which owns more than 60% of the company, has agreed to buy 265.7 million shares in a private placement for about $1.8 billion, Lucid said. Though it burned through around $3.6 billion over the past 12 months, Lucid still has almost $5 billion of cash and...

Sal98

Gold is now beginning to consolidate. For us, the 1999 level is significant because if this resistance level gets crossed, the market will actively keep rising until it reaches levels around $2070 ( Weekly Resistance). OANDA:XAUUSD will probably start determining what happens in the future. NFP damaged the TVC:DXY DXY dollar market, which could lead to a...

Sal98

Technical Analysis-based forecast that is solely based on trend speculation. I know nothing about this Crypto currency to be frank but if this crypto is not a big scam as some of you may know other crypto gets manipulated, this could be a good setup. (This is not a financial advise, but more as an idea)

Sal98

For an accumulation of reasons: 1. TVC:DXY Firstly did a fake breakout retest previous support. It got rejected and finally it will continue to go above106.8$ up until 108$. 2. According to technical analysis, gold is forming an obvious divergence when compared to RSI in the 1 hour timeframe. A strong correction is highly probable. 3. Michael Burry was right....

Sal98

Yes you guessed it, it’s true. War increases panic and uncertainty, so in Gold we trust… YET, (there’s always a YET): You need to keep in mind that: 1/ Overbought levels and liquidity lower levels are Kevin such high demand situations. 2/ At war, the weights of Macro catalysts shifts from 50% driven by news and 50% economic, to => 80% driven by news and 20%...

Sal98

I Will leave this peace of are for the future. FEDs are optimistic that the current rate can do the job, it’s only a matter of time.