A bullish pin bar has formed on the gold chart, suggesting a potential rise in gold prices. If the price breaks above the 2325 resistance level, this would confirm the bullish trend. It is advisable to set a stop-loss in the 2310-2305 range to manage risk in case of a breakout.
Hello friends, I hope you're all doing well. Today, I'm going to share an analysis of the gold market with you all. But before diving into that, let's talk about the importance of staying cautious on days with significant news releases. Personally, I avoid trading on such days, as the market tends to be unpredictable and volatile. Instead, I prefer to focus on my...
MultiChoice (MCG) is a leading entertainment company in Africa and one of the fastest-growing pay-TV broadcast providers in the world with 21.1 million subscribers in 50 countries. The company's 90-day subscriber base is split 42% (8.9 million) in South Africa and 58% (12.2 million) in the rest of Africa. The share was spun out of Naspers and separately listed on...
Motus (MTH) was unbundled from Imperial (IPL) and separately listed on the JSE on 22nd November 2018. It is a company that owns motor dealerships in South Africa, the UK, and Australia. The company has four divisions: import and distribution, retail and rental, motor-related and financial services, and aftermarket parts. It imports and sells more than 80,000...
#DAX EASYMARKETS:DAXEUR DAX seems to be showing some positive signs for the bulls, however, we cannot get comfortable with that idea yet until we see a clear breakout. Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social...
PPC is a leading manufacturer and supplier of cement, aggregates, ready-mix, lime, limestone, and fly-ash in Africa. It has eleven cement factories in South Africa, Botswana, the DRC, Zimbabwe, Rwanda, and Ethiopia with a total production capacity of 11.5 million tons. It produces aggregates at its Mooiplaas quarry in Gauteng, which is the largest aggregates...
In our video, we analyzed NZDJPY using technical methods. Currently, we’re closely observing price movements as discussed in the video. Our main goal is to identify an optimal buying opportunity within a critical support zone. This decision will depend on how well the price action aligns with our analysis from the video. As always, our video offers valuable...
Spar (SPP) runs a chain of supermarkets across Southern Africa with 2402 stores. It also operates the Build-It chain in hardware and building materials and the Tops Liquor chain. The company has operations in Southern Ireland under the name "BWG," which operates through 1392 stores, and the Spar chain of 388 stores in Switzerland. Spar is expanding into Poland...
So far, we have not elected any Daily Bullish Reversals. The Daily Bullish Reversal to watch stands at 3180. A bullish trend remains in play as long as this market holds above 2110 on a Daily closing basis. A closing beneath that will signal a near-term change in trend to the downside. substack.com/@dumitrupopovici?utm_source=profile-page
gold spot stya abv 2330 looks 2340-45$ where support 2325 if blw thna again dwn side mark will start till 2300+++++ in mcx 71900 abv looks 772200-300 possible
Hello Everyone, Brian Here! Yesterday, gold moved just as I had analyzed and is currently trading steadily around $2314 in the early hours of today. In the short term, gold has broken its trendline, and we’re seeing the EMA 34 and 89 starting to converge. If the support level at $2310 is breached, I’m planning to continue selling. Wishing you all a successful...
XAUUSD "sent" for "euphoria" after "better" than expected CPI report where traders expecting FED will cut rate soon BUT again the sentiment "changed" few hours after FED Powell's Come & play "Guesswork Games" restart again..So as today Core PPI? is all pre written script as people like "fairy tale stories"..
My Dear Robbers / Traders, This is our master plan to Heist (US30 / DowJones30) based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned 2 Plans with target in the chart focus on whether Long or short entry. Our target is Red Zone for Bulls and Green Zone for Bears that is High risk Dangerous level market is overbought &...
Vunani (VUN) is a black-owned financial services group with interests in asset management, investment banking, property, and stockbroking. It also has an interest in coal mining, which has been performing well with the rise in coal prices. In its results for the six months to 31st August 2023, the company reported revenue up 4% and headline earnings per share...
Technical Analysis of Galaxy Surfactants Elliott Wave Analysis: Galaxy Surfactants is exhibiting a classic Elliott Wave structure on the weekly time frame. The stock has successfully completed waves (1), (2), (3), and (4), and now appears to be unfolding wave (5). Within wave (5), we have finished waves 1 and 2 and are potentially starting wave 3 on the daily...
Vunani (VUN) is a black-owned financial services group with interests in asset management, investment banking, property, and stockbroking. It also has an interest in coal mining, which has been performing well with the rise in coal prices. In its results for the six months to 31st August 2023, the company reported revenue up 4% and headline earnings per share...
Having handled the decline, the markets now seem to be on the verge of a melt-up. We are already seeing it in European securities and industrials. However, I think the risk reward is best in Nasdaq, where I think we will trade at least 15% by the end of Q3. Looking at some data, it seems that fund managers are again underinvested in equities, which limits the...