Gold - update on 4H and 1W - waiting for new impulses
- market in up trend after bottoming at the beginning of March
- price near down trend resistance line
- wait for confirmation before entering this trade
The Brexit date from the EU has been postponed to 12 April. In order to implement a regulated Brexit, the British parliament must now decide on the resignation treaty with the EU. So far no impulses came from the dollar before the weekend. The dollar index is moving close to the previous day's level, and yields on ten-year US government bonds, at 2. 53 percent, are also trading only slightly above their 14-month low marked over the course of the week. In view of the positive development of the stock markets in the past three months, a high degree of relative strength can currently be attributed to crisis protection. After all crisis protection developed quite favourably during this period with a plus of three percent.
Good luck to all.
- price near down trend resistance line
- wait for confirmation before entering this trade
The Brexit date from the EU has been postponed to 12 April. In order to implement a regulated Brexit, the British parliament must now decide on the resignation treaty with the EU. So far no impulses came from the dollar before the weekend. The dollar index is moving close to the previous day's level, and yields on ten-year US government bonds, at 2. 53 percent, are also trading only slightly above their 14-month low marked over the course of the week. In view of the positive development of the stock markets in the past three months, a high degree of relative strength can currently be attributed to crisis protection. After all crisis protection developed quite favourably during this period with a plus of three percent.
Good luck to all.
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
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