DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
NEOVASC INC, CHESAPEAKE ENERGY CORP, RENNOVA HEALTH, INC., SPDR S&P 500, MICRON TECHNOLOGY INC, GENERAL ELECTRIC COMPANY
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Based on the wave structure
Looking for a previous low test.. Cycle analysis favors price drop. Will see how it goes !
Enter $6900, stop $4900, target $11800
After trending for 6 months, a consolidation is expected, might be deep taking the price down to around $59- $60
In my opinion, will test previous low of $1.209
Late stock market cycle (may last longer than you think) is bullish for gold . A weaker U.S dollar may add acceleration to the velocity.
If it breaks above previous high ($52.97) a new uptrend will be established.
Long term target is between $57 and $69
It looks like bears still in control. A possible target is 1250
Head and shoulder in play
Bullish outcomes = more likely
Will open short below red box
15 min. chart
Dropping to $ 47.42 would be short term bearish
Watch these levels. Breaking any might lead to an explosive move in either direction . Wait for a pullback before entering a trade, especially if it breaks to the downside.
Waiting for signal ..
Crude oil has been in a trading range. Slow stochastic oversold .. Upside breakout still in the cards
Has been stuck in a range since the end of last year. Just broke out. A pull back to 53.58 area is expected before continuing higher.
Only if price closes above 53.29