Gold Breaks $1,400 Price Barrier and now what? Gold price has been capped under $1400 since 2013. Last rally of gold is from 2001 when gold was at $252 when Gordon Brown sold the Bank of England’s holdings, since then gold rally all the way to $1900 fueled by behedging of gold miners. Since then the hedge book of miner is diminished if not empty. These few...
Watch this stock as there could be massive gains. If it starts to go up, follow it up with a trailing stop loss. We could be seeing a formation of a bull flag pattern, so look out for confirmation with a break to the upside.
TVC:SPX When RSI gives breakout signals before market/shares, I prefer to sell or buy. For example, on June 10, RSI broke the trend and gave a signal to sell. Another example of Feb2020. Market and RSI are still in channel. I think the market will soon surpass 3400 level. Which stock do you want to analyze? Tell me in the comment box.
Everybody is waiting to short S&P 500 because of covid consequence worldwide. 1. More people play the markets today than a year ago 2. More people are waiting to short the index than a year ago Everyone playing the markets long enough is seeking for revenge for 2 simple reasons 1. Exited the market too soon 2. Missed the market rally Of all the people being...
Tesla news everywhere last week with their stock price smashing through 2000. Will it keep going up I read? Shall I buy now? Is it too late to jump in now? Who know.... nobody knows. But to me, as soon as the news starts talking about it the fear and greed scenario could kick in - just like BTC at 20k? The people late to the party will jump in and then...
Evening Traders, Today’s Analysis – USDCAD – strong sell off leading the market to oversold conditions, a bounce is probable into local resistance. Points to consider, - Impulse sell relief rally - Structural support respected - Local resistance (immediate target) - Oscillators diverging - Volume below average USDCAD’s immediate trend is bearish with an...
Ok, BTC has unfortunately chosen. The weekly candle has closed below the weekly MA200, and that is a very bearish sign. Turns out, the people that hoped for an ABC type correction were right after all. But ok, this is due to the unique macro-economic events that are basically leading the whole world into a recession. Without that event, I think BTC would not have...
Hello Traders! Supported by ascending support, a MACD that has just crossed over the 9 EMA, an optimistic RSI, and the 50 SMA crossing over the 100 SMA, the price of ABR has just broken through a descending resistance. If you should still don't trust this extraordinary accumulation of strong bullish signals, wait for the price to cross over the 200 SMA, but such...
Hello, Traders! One of the suggested reasons why this mini-rally has taken place was because of the soon to be released ETH2.0. With the new ETH event set to take place by the end of 2020, the cryptocurrency community is getting excited over the new possibilities which ETH2.0 offers. One of the main features of ETH2.0 is increased scalability. Scalability is...
Hello Traders! AAT has recently broken out of its descending triangle bullishly. Since the 50 SMA just crossed over the 100 SMA, the MACD has crossed over the 9 EMA and the RSI is looking optimistic, we can expect another rally to come quite soon. The buy signal is the price crossing over both the 50 and the 100 SMA and it will rise to the first goal (the 29.33...
This is it ladies and gentlemen. The moment we've been waiting for since late 2017. The multi year bullish flag is nearing the end. The moment of decision has come. A possible cup and handle and strong buys could lead to BTC breaking the 3 year downtrend resistance line. If that happens, then the next bull cycle officially begins. It will lead to 20k this year,...
Right now people are unnecessarily panic selling stuff they likely don't need to panic sale. As Buffet says, the stock market is a tool for transferring money from the impatient to the patient. Today is a great day to buy dips, diversify and strategically invest so when the market rallies you can thank yourself later rather than unnecessarily panic selling stuff...
Good morning traders GBPUSD still has some bullish momentum left in it sight before possible consolidation. Get in while you still can! Keep the risk managed! Cheers :D
CYCLES AND PUT /CALL IN THE BANK SECTOR AS WELL AS A CLEAR WAVE B FORMING IN THE BANKS IS NOW SETUP FOR A VERY SHARP C WAVE RALLY BACK INTO MID APRIL HIGHS OR BETTER OVER THE NEXT 20 PLUS TD I AM MOVING BACK NET LONG BANKS
The $IXIC (Nasdaq Composite Index) has set a temporary top resistance price at 10500. For the past month, $IXIC has broken out above into blue sky territory. Trendline Support Downside Target(s): 10100, 10000, 9900. However if the rally continues, upside resistance targets would be: 10500, 10750, 11000.
Good evening traders We have a nice potential buying zone for the gbpusd We will be looking to go long on the pair. As always, keep the risk managed! Cheers :D