Trump: China is ready to go back to the negotiating table. China, for its part, reiterated its desire to resolve trade problems through negotiations. safe-haven assets against this background have slightly adjusted and provided excellent opportunities. Despite the optimistic comments from Trump’s side as well as Chinese, everything might change. We have recently...
-DAILY SHOOTING STAR REJECTING MONTHLY
-EXTRA CONFIRMATION IF PRICE MOVES BELOW BLUE EXPONENTIAL MOVING AVERAGE
-POSSIBLE DOUBLE TOP FORMING
-PAIR CURRENTLY AT YEARLY HIGHS
-1ST TARGET 1.7200
-2ND TARGET 1.69500
Expecting a large gap at market open due to geopolitical meetings that occurred during the weekend. Cryptos dropped in favor of the dollar. Due to the climate of the news, have a dynamic bias. Be open to Long and Short opportunities as they present themselves.
Technical analysis shows weekly morning star fomation and 4h bullish engulfing. Expecting pull backs at...
Markets are preparing for a tough G7 meeting since Trump has been tweeting against the US's former allies (Canada, Europe, the World...).
Trump will also be leaving the G7 early (goes to show how much of a negotiator he is).
Jpy crosses and equities are weak going into the Eurex Open. We suspect further losses are possible.
By Q1 of 2019 we could see gold trade as high as 1450!
Remember Technical Analysis is Personal Perspective and there are many fundamental factors that contribute to the Price Movement on Gold including, but definitely not limited to:
Large Investors (Switzerland, Russia, Independent Individuals etc) that have accumulated a long term...
Consider the Data Difference between the first 15m of this Tradingview H4 Candle + Other Exchanges / Charts.
Price Trading below the 200 Hour EMA
Printing our 5th bearish H1 Candle as of right now
Order Book seems "balanced"
Expecting further profit taking to occur as investors move Cryptocurrency into Fiat Dollars with G7/G20 upcoming
If you like unbiased...