Samnzimande

01:39

Samnzimande

Had this idea on July and it was a long term analysis and it delivered.

Samnzimande

A long term portfolio type stock, down about 50% from previous high and a technical view supports the idea we might see an upcoming bullish trend.

Samnzimande

Technical insight reveals Price converging within a bullish trend, EW also reveals a continuous wave pattern.

Samnzimande

With Gold being anticipated to maintain the bullish momentum, the dollar has decline against most currencies.

Samnzimande

I also suggest a focus on CAD in relation to Oil, USD is the only lagging currency against the CAD on this chart. Fundamentally speaking the Canadian dollar will feel the affects of Oil being cheap as it is but surprisingly the United States dollar has being lagging compared to GBP, NZD and AUD, which could present an up-swing position. Technical insight also...

Samnzimande

AU breaking the golden fib zone confirmed bulls have sustained momentum. Technical outlook has been adjusted.

Samnzimande

A major technical decline on the our 61.8% fib level. It has also completed the correction wave at C.

Samnzimande

This is entirely linked to the South African economy, having reached all-time lows against the dollar. South Africa the largest producer of Platinum has suffered significantly due to its inability to keep its lights on, this of course affects the production of platinum and the whole economy. As power cuts intensify platinum and palladium will continue to plummet.

Samnzimande

Despite Bank turmoil throughout the West, the Swiss Franc has been solidly yielding good return in past few months, but it seems the pinnacle has been reached and a correction is at play.

Samnzimande

Gold has proven it's sustainability again and again, with the Banking turmoil still on Headlines, more investors are flocking it's cash to Gold and other Metals. Technically looking at Gold, we've been consolidating for quite some time but Bull traders broke the rang bound, a retest has occurred and Bull may be ready to take this asset to the sky again.

Samnzimande

The sterling has gradually gained strength since its biggest lose in 2020 - 2021, however there's clear indication that rally might soon end. Approached technically we have a strong bullish rally on our 15 min timeframe, a breach of that channel will confirm the next market cycle

02:32

Samnzimande

Short answer to that question is Yes, Gold is currently expensive but for good reasons. Fundamentally Gold is a great hedge for traditional stock markets when experiencing turmoil, e.i Banks. Bonds are also under pressure and that all leads to an influx of cash to this safe haven currency. Technically for scalpers this is a great selling opportunity right up to...

Samnzimande

A fairly simple breakdown for the dollar index, chances are likely sellers are exhausted or have taken profits but that doesn't mean DXY is a buying opportunity as yet.

02:42

Samnzimande

Simple S&R breakdown on GU, using some pivot points indicators to confirm our next target price

Samnzimande

GU breakdown using simple price action and pivot points.

Samnzimande

A slight push downside is expected with the dollar index.

Samnzimande

Silver rose 8% outperforming most metals, current price is significant on a technical perspective, fundamentally investors and traders awakened by how under priced these commodities are.

Samnzimande

A technical standpoint suggests a potential upswing on coffee, it being seriously underpriced it's definitely attractive to investors and traders.