Gold is still in the bullish expectations, and the rapid adjustment last Friday finally back to a reasonable range.
At the beginning of the week, a steady signal near 40 is needed. The 60-64/81-84 range is the expected key bull target zero. The intra-week consolidiation is expected to consider the adjustment of the 20-60 interval, and after the middle of the...
After Long-term U.S. Treasury yields strengthened and USD be supported at 89.7-91.2,The USDJPY have a extremely stong upward.
After ABC pattern, it should be a 5 wave to construct a upward move,trader should take advanage of that obviously signal.
After a total of 130 days of sideways trading for 80 plus 50 days, crude oil started a unilateral long trend and experienced nearly 1100 pips in 38 days.
The main upward momentum comes from:
1. The depreciation of the U.S. dollar is good for commodities
2. Expectations of the future economy
3. Expectations that vaccines can solve core demand issues
But this is...
The daily level is a significant adjustment pattern of the main rising wave.
After two periods of USD 140 fall behind, the market may return to the shock/long pattern.
Under the bottom V, the super-strong bull pattern will break through 1930 in the short term
Under the pre-judgment of the shock pattern, 1820-1930 are considered for weak lateral shocks and...
As the chart show, after strong bull trend at 4.2 the market shows a obviously uptrend channel.
After an obviously confirmed support singal at last week, we forecast the bullish probablitiy speed up to target 1 5670.
The bottom is forming !! waitting for "the smartest money"