OANDA:XAUUSD ANALYSIS FUNDAMENTAL & TECHNICAL
Gold had a 2% drop in the week we had, the changes given by the Fed were quite optimistic about raising it to a price above $ 2060 but that the economic crisis seems to hit and gold sometimes.
If we were to look at the daily structure we would see a trendline support and a resistance while we managed to continue...
Bitcoini is probably the currency which is currently having the biggest movement in the market after reaching $ 13K but the downtrend that it had is not liked by anyone I think to stay calm as there is the possibility of a purchase at point 3 of touch of the base canal.
1) Will bitcoin come down again below $ 11K ?
Analysts Fear a Strong US Dollar Will...
EUR / JPY respects the rules of the elliot wave movements from 1 to 5 are one after the other with an upward trend, while the descent from A to B is now expected the final decision return from the base channel to the wave (C)
Low prices that are at 0% and then sales levels that stay at 61% and 50% of fiber give quite understandable signals for price sales and the reduction of bitcoin in cryptocurrency already remains to be seen how the performance will be in even shorter timeframe
SWING TRADE VS DAY TRADE (GOLD)
Of course if we look at gold in long trade we will look at the higher risk but if we look at the daytrade we will see better entry and lower risk with high profit but which usually causes bad emotional state 😂
according to the elliot wave regulation I think short movements at 30m
while at 4h and 1d I think long-term movement...
Natural gas has had a drop above 500 pips from the top of the price at 2,000 this and because we have had a big drop in its interest in buying because of coronavirus, investors are demanding to have a stability above the price of 1,500 where can reduce the rate of production and increase demand while this would work quite well and in raising the price in the...