KCS is on flames! From my previous idea,() the price had more than 12% and now it testing the new resistance after the breakout from the descending weekly channel. Now the price is testing the previous resistance as new support. How to approach? We are waiting for the new breakout from the 22$ level and if the price is going to satisfy our rules, we could...
Following up from my previous video on price of Gold, I show an startling inverse correlation between Gold and strength of the US Dollar (DXY). Before February 2020, Dollar strength basically followed Gold. But after February - the world changed. Keep in mind this was when COVID struck, and the FED flooded the economy with basically 'air money'. COVID popped...
two possible scenarios on GBPNZD, let's see which one is going to get activated first and we will act accordingly.
Hi traders, yes yes, the title is a little bit click-baity, but to be honest, SPY down was about an 80% probability for me today. Now to be fair, I've been expecting this move lower for over a week now, so plenty of factors surely played their roles, but as soon as I saw VIX close out in a 1-2-3 Low formation yesterday (Monday), I had that final confirmation...
.LOG The inverse correlation GOLD vs OIL 08:10 05-Sep-19 Gold can be used for speculation but is preferred as a safe haven. Crude, on the other hand, can be used as a store of value but is preferred as a speculative play. This combination makes these two assets work great together as mutual hedges. Gold helps offset the risk of higher uncertainty, while oil...
.LOG Gold can be used for speculation but is preferred as a safe haven. Crude, on the other hand, can be used as a store of value but is preferred as a speculative play. This combination makes these two assets work great together as mutual hedges. Gold helps offset the risk of higher uncertainty, while oil can take advantage of market moves. Broadly...
.LOG The inverse correlation GOLD vs OIL 12:38 03-Sep-19 Gold can be used for speculation but is preferred as a safe haven. Crude, on the other hand, can be used as a store of value but is preferred as a speculative play. This combination makes these two assets work great together as mutual hedges. Gold helps offset the risk of higher uncertainty, while oil...