While the rest of the market ran bullish at the end of the previous week, Gold dipped negative, crossing below the 30-day and 50-day moving averages. Prices are currently trading horizontally in the short term with $16 being a support level that has not been broken, despite several tests since mid April.
Low MACD amplitude swings also correlate to a near-term...
$117 is approximately the new support level, which also correlates to around a 15% price correction from Q1 high's. Prices appear to be consolidating around this level with no significant breakthrough.
While Disney benefited from the recent surge in streaming, its parks and products segment (accounting...
$16.03 and $16.61 are approximately the short term support and resistance levels, forming a channel where the price is being pulled horizontally. This area also appears to be a price consolidation point around $16.38 following an April 20th high volume day.
Gold is trending up. This momentum is due both...
Spotify's has returned to the initial jump price after Joe Rogan's 5/19 exclusive deal announcement. This price of around $178 correlates to both to the significant volume traded on that day and to the 38% Fibonacci entrancement zone. Moving forward, this will be a significant new support level as investors contend to Spotify becoming a dominant player in...