GOOD DAY FELLAS Gold, represented as XAU USD, is currently trading at 1980 USD. While many market participants expect gold to break its previous high of 2080 USD, there are diverging opinions on the future price direction of gold. In this analysis, we will explore the fundamental and technical factors that could influence the price of gold in the short and long...
Good Day Everyone It is understandable to feel cautious about investing and trading in the current geopolitical climate. There are indeed tensions between several countries, such as China and the USA, Israel and Iran, and Russia and NATO, among others. These conflicts could potentially escalate and lead to a full-scale world war. However, it is important to...
All eyes are on Chinese President Xi Jinping’s state visit to Russia that begins on Monday. During the three-day visit, the leaders of the two nations will discuss the deepening of economic and political cooperation as well as the war in Ukraine. If this meeting tends to reach a diplomatic solution to end Russia-Ukraine war then Gold will see a massive sell-off....
#Russia ? #Ukraine ? Europe ? OR #USA ? I Guess Puttin On The Way !!!
The idea has two parts: fundamental and technical analysis . The latter is based on the weekly chart. On the fundamental side , several essential and minor factors affect and could affect March 2023 price change. Let's divide them into three groups. Bullish : Russian shutdown of gas supply to Europe Russia has cut its European flows for the last...
Russia-Ukraine War entered the second year. Most of the commodities skyrocketed after the invasion had returned to or below the pre-war level. Energy is the market focus but the price dropped below the pre-war level and might not have enough geopolitical moment to rebound unless the war fully escalates and spreads to other countries. The weakness of wheat price...
Here is my look at the largest Russian bank and fintech company - Sberbank (shorted from "sberegatelniy bank" - "bank for savings"). It's bee called Sber for several years because it's more of a fintech company than just a bank now. The idea is simple. You can see a sine wave which is mirrored relatively to the symmetry center (centerline). The timing it: 205 rub...
You Can Sell Bitcoin And It will break a number of numbers
"Russia will reduce crude oil production by 500,000 barrels per day from March after major economies imposed a price cap on oil products." as reported by BBC News online portal few days ago. Saudi Arabia and OPEC already cut crude oil production in January 2023. We may see energy prices go higher, due to restricted supply. Cost of goods and services will be more...
News shows Putin's party probably won parliamentary elections in Russia The Russian MICEX index rallied from 200K at the bottom (March 2020) to over 400K (Sept 2021). The index put in a small bearish shooting star last week. Confirmation would be if it broke the rising uptrend connecting lows of past few months
"By the time you come to, you're gonna need a new haircut" - Gary Bertier, Remember the Titans. Russia looks like it is setting up for another wave down. Kinda hard to grow when the economy is cutoff from the world. The Ruble is also getting trashed (has been for decades), despite some "professionals" pumping lies about the ruble being "so strong" in 2022.
The ascending triangle points to a potential increase in the value of Rheinmetall's stock. These indicators include a bullish trend in the stock's price over the past several months, positive momentum, and strong support levels. Additionally, historical data shows that Rheinmetall's stock tends to perform well during times of military threats or escalations, which...
Hello, it is a simple analysis based on support and resistance. I hope you trade with caution, because there is news that will be issued soon You can buy gold when you have strong liquidity gold note to 2000 ! I wish you a wonderful holiday
According to my chart analysis , GAZP GAZPROM Show strong signal to buy , buy max as you can .
On a we weekly we have gotten close to our resistance level we can get the following two plays: price going up and closing above 86.149 on a weekly chart or we may get pullback where then we will have to evaluate longs for now i am bullish since levels held perfectly my entries are pullback after retest (roughly as demonstrated on the chart) Let me know your...
its so hard to find but it possible will be increase till 73 after that we have pullback so u should be carefull at all its so good
Hello Traders! Based on the fact that we stopped without hitting a 72.0 level tells me that its is very likely that buyers who bought set out their sl on the next support. Furthermore, trend hasn't changed and what is happening is a pullback. Im looking to sell on two levels risking total 3% of my trade position. 82.3 and 86 are two levels of my interest for...
SUMMARY Lowered demand projections for Crude Oil as per IEA and OPEC+, softer demand for Crude Oil in China despite partial loosening of restrictions as per EY, the G7-Russian Crude price cap which would lower demand for WTI Crude. We are short-term bearish on WTI Crude Oil. However, it should be noted that there may be very limited downside in price as the...