My previous analysis of XAUUSD (published on 28th of February) was quite accurate, we are entering a new ATH on Gold.
There is more and more hype in the media related to Gold and Silver, which suggests that price will return to its Exponential Moving Averages (EMA Ribbon -...
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Stock market will initially crash around -46% then move up to ~2700$ and finally down to >450$ per share.
We are entering a Great Depression just now!
In the same time Gold (XAUUSD) will keep moving up to double the price of Dow Jones:...
Dow Jones dropped over 1200 points in one day, that's the biggest downward move ever happen.
Interest rates are going down FED Watch Tool shows over 99% that FED will cut at least 25pts.
More cuts will come soon, please check www.cmegroup.com
I follow this website and 3-5 days ago there was only 10% for a...
According to FedWatch Tool www.cmegroup.com there will be 2 or even 3 interest rate CUTS in late 2020.
It means the difference between US10-US02Y spread will move up - arrow on the plot. We can already see that values jumped to 1.63 and that will continue!
The vertical dashed lines indicate the official...
At the moment we are in R -> S move, according to the analysis visible on the picture, I predict that S&P500 will go down after approaching $3k per share.
Subsequently, the market will enter a strong downward move S -> T
The pattern of the analysis remains the same as I published on Feb 13th 2018, however, the size of peaks has shrunk.
I believe "sell" signal...
Pattern repeat itself 1980s (B) peak is equivalent to 2012 (B).
Bottom of the trend from 1982 (C) was repeated in 2015 (C).
D = D, E = E etc.
In the next few months, we will see sidewards then downturn movement (red lines on the plot).
A bull market for gold will begin around 2020/1.
In 1980 and 2012, the price of gold increased by ~7-8 times when compared to...
Currenlty we are in I - > J upward move.
That will take Nestle share prices to the new price record - around May/June 2019.
After that time, there will be a strong downward move J -> K and price will go down to ~75 per share.
Subsequent moves will follow, I will continue on
At this moment we are in N -> O retracement that may take another 2 weeks.
Next move O -> P will be close to the top of the market.
Subsequently, R -> S move will be the last upward move before the crash.
The stock market crash is approaching fast and according to my calculations... mid-2019 will reach the final top on SPX.
Long term forecast for General Electrics/GE.
Please watch this video:
"My investment in GE is 'one of the biggest mistakes of my career'"
Share prices of GE are correlated with global stock market crashes.
It means we just entered a phase of a global economic...
Very nice consolidation on XAUUSD, price remains between 0.5 and 0.6 fibo.
From my observations, XAUUSD moves in opposite direction as DXY.
Price of DXY will go down after December's rates hike and by the same XAUUSD will move up from consolidation point.
Rate hike odds: www.cmegroup.com
Until that time DXY...
Decided to make an update on my last plot of DXY from 24th Aug '17 (chart below).
So far, everything looks good!!
We are still in F -> G move I'm expecting price continue to move up until December 2017.
Reasons for that: in short-term Trump will announce new Fed chair, in long-term expectations of FED to hike rates by 25bp.
XAUUSD (gold) will trade in opposite...
All visible indicators show me that XAUUSD will continue moving down for next few weeks maybe months but afterwords will reverse.
XAUUSD is inversely correlated to DXY that means DXY is moving up while XAUUSD is moving south: