Technical Analysis: Gold price might struggle to capitalize on the modest intraday positive move
From a technical perspective, any subsequent move up is likely to confront some resistance near the $2,040 horizontal zone, above which the Gold price could aim to retest Friday's swing high, around the $2,063-2,064 region. The next relevant hurdle is pegged near the...
Crypto markets will break the surface of levels you are not currently considering. When the SEC approves Bitcoin & Ethereum chain ETF's, NFT's will become the most used word on the planet in every marketing campaign across every industry pillar. History will change.
Long term buys from here down to a possible gap fill (low 30's from 2019-2020 pre pump to 300s) have a great R:R if you have a long enough time horizon. Company is putting in the money now to have effortless positive earnings/share in the future. Hard to ignore at these levels with the CEO still so heavily invested and holding strong. Long term price target > $100...
this share is on-demand line
Borosil Renewables Ltd (BRL) is the largest non-Chinese solar glass producer globally, with around 35 per cent market share in India. "As India is planning to enhance its solar capacity 6x-7x over FY22-FY30, BRL is well-placed to leverage the robust growth opportunity
Holy shit. What was that buy volume on the 8th? It's the largest flow measure in either direction... ever. I haven't looked too far into it but considering that and the slight descending wedge we've entered I think we could be on the way up. Possibly in a big way.
I know I've said this before, but this time, I mean it. Promise.
my price target is $14. Anything...
At this time the overall probability from higher time frames is for DJI to move south (6H to 1D). However, there is a trend move probably on a 3 min to 5 min coming up.
This could move DJI up from 20800 to possibly as an estimate 21600. This is not a prediction. Have a look. Also see my other video that tracked a trend change on the DAX (link is below).
Note:...
NZDUSD is also on our radar screen this week as we think that rally from Aug 31 can be corrective. Reason is of-course slow and overlaping price action which is personality of a corrective movement. That said, upside can be limited, but after seven legs as correction is going complex. It's a double zigzag with final wave c in play within wave Y that may look for a...
Litecoin is following our prevoius count really nice. It hit our projected target a 62! But be aware of fifth wave out of triangle. We could see a big decline with bigger correction soon.
As you might know, we are looking higher on stocks based on Elliott Wave structure after only three waves of decline on E-mini S&P500 from 2400 highs. So more upside on stocks is normally bearish for Japanese yen, in risk-on environment. At the same time we see Oil prices in bullish mode as well which can be supportive for the Canadian dollar. What all that said,...
