Canada announced partnership with Charge Point. Charge Point want to deliver Europe and North America with charge points for EV. This is already being done, and more importantly the numbers they had shown the partners were that the suspected total investments would grow to 60 BILLION dollars in 2030 and 192 BILLION in 2040. Imagine several country's teaming up...
There wil be a huge huge rally for the solar power industry's especially the ones in Europe. Today was COP27 and like after the Paris climate agreement there wil be another huge rally like last where is 10 folded, remember this is long term like a couple of years depending on future company performance. if the chart crosses the ichimoku cloud I would definitely...
Greeting fellow interesting people, As we have seen yesterday the rates were raised as was planned last month, and the next raise is coming in December. so for now we can expect the greenback to keep raising. There is a very big possibility for a breakout of the descending triangle. When we look at the chart we see a very strong sell pressure showing us that the...
I think the market cap of Rumble is going to soar in the next years due to Andrew Tate's boost and the exposure he made Here is why : 1- Rumble is paying content creator 3 to 20 dollars per 1000 views on contrary YouTube only pays between 3 tot 5 dollar on average per 1000 Video views 2- At this moment Rumble is becoming very popular among the banned people...
I think the market cap of Rumble is going to soar in the next years due to Andrew Tate's boost and the exposure he made Here is why : 1- Rumble is paying content creator 3 to 20 dollars per 1000 views on contrary YouTube only pays between 3 tot 5 dollar on on average per 1000 Video views 2- At this moment Rumble is becoming very popular among the banned people...
My prediction for the coming months for gold is that the yellow metal is going to be dropping further to 1400 levels maybe even lower. arguments backing this up are: - Rasing interest rate of the dollar causes a rise of the dollar and so a decrease in gold price. And the rates are going to get higher. - gold consumption is and wil be decreasing next months too...
Due to interest rates hiking and a very high probability of hikes further in the future. We will see a decrease in spending which will cause a deflation,Although this wil happen in the future and in the meantime the economie is going in a recession. the recession is going to cause a flee to wealth preservation. One popular hedge in though times is and will stay is...
Inflation numbers are coming tomorrow so beware for extreme volatile gold market. This Time I think it is going to break through the ascending trend line but only time will tell. also two confirmation on the technical side we should pay attention to is, if one the chiko span is going to cross the candlesticks. And the second if the kumo b is pointing up those...
my previous analysis has been confirmed so now there is a more chance of an uptrend. the next scenario is if the descending line wil be broken, who knows?
dxy will be going through a storm so will the economy
As we have seen gold did break down the ascending channel due to correlation with us bonds, however a resistance should be tested. Option 1: gold will retest the strong support at 1782 an go the next resistance level and take profit with a nice risk to reward ratio Option 2: gold will break the support zone and you should exit the trade with a nice risk management.