Copper prices have just broken out of a support level of 2.8495, with the former resistance at 2.9750. The market has completed the advancing and distribution stages, and has just started the decline stage. I expect prices to tank further, as commodities are in large sell-offs these past weeks. The price is also forming a new downtrend, as it makes lower highs and...
Daily RSI shows signs of a small pullback. RSI needs to dip below +/- 30 to buy. Short term price target: $ 120 - or lower. Long term price target: $ 190
Spotify (SPOT) looks has found itself in a pennant/wedge and is poised to move within the next few days after touching down on DTL support and bouncing higher. RSI in alignment. Target: 168
As we can see previous number of None Firm Payroll According to this situation gold will dive till 1162 this week resistance should be 1302 brekout 1310 #analysisforex
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Blue box is the short zone. Upper Right hand is the most profitable, lower left is the highest risk. I officially started opening shorts this morning on a few Pigs. Usually safer to short indices, but if you have any companies on your hit list, I'd start adding shorts and give yourself till the right side of the blue box to continue adding $Spot is a favorite of...
Closed my Spot shorts yesterday, be careful on letting shorts ride. The goal is to generate cash with these and get out!
As showing in the chart.
Sun 09.Dec.2018 Ticker: EURUSD LAST= 1.13 78 EURUSD movement during the last few days showed a Sideways movement, between 1.1430 -- 1.1320 During the next few days the price is expected to go up for 1.13 85 and then to 1.14 00. The Short-Term view is expected to continue to be in Consolidation between 1.1400 - 1.1340. But as of now, as long as the...
This might be logical wave Elliott wave count which suggests the gold price may achieve final long term correction to hit the red trend line at around $1000/ounce may be before or after 2020.
Type of signal: spot Alistair divergence Upstream channel Possible 2x (1 week or 2)
Critical level to watch and buy if it breaks the wedge! Fib 61.8 and 38.2 nicely tested. Making Higher lows.Sellers have been tested 3 times and the next time it just may go high! Interesting Chart to watch the price action and buy if any bullish candle on the wedge.
Bullish Cup and handle pattern's target confirms bearish Three drivers pattern.
XAU/USD still didn't show a clear path, but I would suggest on the Medium-term to accelerate back to 1300s! But for me now I will wait and watch because there might be a bit of room to the downside to go to drop till 1242 and then hike back in case no breakout confirmed! (That's way I will be extra cautious)