Gold is bullish above 1150sh level. Since the risk eases off, Asian markets are off to an excellent start. On this Gold reversal, I am already SHORT $NUGT (holding from Thursday, small position) and have covered call on $DUST. Will analyze situation in US session to jump in.
Gold is breakingout. Next target is 1133-1134. T2: 1150
$XAUUSD benefiting from recent Chinese crisis. Congratulations if you are long.
IBM ($IBM) continues to be bearish even after announcing partnership with Apple ($AAPL). Investors will avoid buying it before earnings announcement (Jan 18 - Jan 22 (Est.))
EURJPY was trading side ways last two weeks. If it holds this level, we can see 140sh level (which monthly R1) and then R2. I am bullish.
I believe that $CALL will trade much higher on it's good earnings. Immediate resistance is located at 8.50. If earnings and outlook is strong, this stock can move towards 10.00. Historically, it does spike upside or downside on it's earnings. I'll be watching it closely and only trade after earnings are announced.
$CRMD - CorMedix, Inc. was extremely overbought. I placed trade yesterday as can be seen on my twitter @hammadshahir. I am looking forward to take profit at 7.85 (or below).