LordofX

LordofX

The 21 day EMA is continuing to support a long term bullish outlook. With momentum indicators also holding bullish.

LordofX

Gold has found support on the daily 21 EMA. This combined with bullish medium and long term momentum and the ADX indicating a weakening bear trend leads to a bullish overall outlook.

LordofX

The DXY is setting up for a third consecutive denial at the 21 day EMA. With medium term (blue-purple) and long term (red-orange) momentum remaining bullish. Will be looking to long XAUUSD and XAGUSD if price breaks 94.000.

LordofX

There is currently a strong squeeze building on the S&P500 60min chart. This combined with weakening short, mid, and long term momentum indicators leads to a slightly bullish position. If breakout occurs to the downside expect a strong run to 2075 support level with a breakout to the upside being short lived.

LordofX Updated 

Pressure building on XAGUSD Squeeze. Expect strong breakout once it starts to move.