From the chart we can see that, gold price is under the pressure, and market force more like to sell.
Gold price still in bull market, unless the support line be broken. or coming some good News to show benefit for US dollar.
As we know the USOIL avaragae price is around $55, but after the Coronavirus popular in America and Europe, the demand of oil was dropped very quickly.
In the same time Russia and MidEast county still in price war. that make oil prices to the cool point.
But we can see from this chart, the oil price is back to the drop point area.
And the virus issue seem to...
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Ok, Let's talk about XAUUSD, first I wanna talk about three things that happened recently:
1: four polices kill one black man in public.
2:Elon Musk send people to...
A dragonfly was gracefully perched atop a lotus lily.
Bitcoin's price almost completes a three derives Pattern!
So the 7890 is the most important resistance level for "Big Short",it means that the 7890 is the last place to try to short, otherwise the price will soar up into the sky with one start.
If you choose to trade today, a clear stop loss level is...