Expecting more downside. Bearish engulfing close on daily, we should get a pull back for entries to take back down to at least the low around 1.3030 and possibly lower to form a lower low towards 1.3000
GOLD edged higher on the last trading day of the week and jumped back above $1290 and 1294 level, just above over one-week tops set in the previous session.
Gold H4 200 ma moving average is 1290.95 area breakout and stable this level touch 1296 level. and H4 100 ma moving average area 1285.40 level so stable 100 ma gold touch 1290 area.
Gold Day 100 ma moving...
Overnight we saw the Aussie take a a hammer blow.
With below-forecast Australian Q4 GDP signalling that the country officially entered a “per capita” recession for the first time since 2006. The Aussie was originally pressured by Governor Lowes reiteration of his neutral stance whilst he also noted that is hard to see an RBA rate hike this year. This is what he...
Apple beat their ER expectation - of course, they're a beast. is it enough to save the market? That's the real question.
I haven't touched elliott wave count in awhile so I thought I give it a shot.
According to the wave count. I see a drop coming in the next week or so. Maybe August will be a weak month after all, now that we're done with all of the FAANG ER's...
=> CHARTS = (MEDIUM/LONG) TERM - Please Don't Be Confused => Takes (weeks/months) to Complete <=
Hi, Followers and Friends,
So, as we saw on the last chart, a pause and a correction just happened on BTC market.
Now, It is probably time for Number # 3 - DROP TIME.
When there is a Down Trend = Correction is Up.
When there is a Up Trend = Correction is...