Gold sectors with the HYPERTREND indicator
Gold sectors with the HYPERTREND indicator Source link
Gold sectors with the HYPERTREND indicator Source link
The Market Isn’t Your Enemy One of my favorite articles I wrote as a warning to all traders is entitled, The Market Isn’t Your Enemy and it is worth repeating in the current market. I posted this (see below) several years ago to go along with the article and if it was today, I would…
Gold experienced a notable surge this week, driven by a combination of disappointing U.S. economic data, a dovish Federal Reserve stance, and rising geopolitical tensions, according to a report by Ernest Hoffman for Kitco News. Kitco reported that despite a sharp flash crash on Friday, the precious metal’s price rebounded, reflecting strong trader sentiment. Kitco…
Weekly Charts Analysis XAUUSD –Gold Weekly Chart Supports : 2415.00 , 2390.00 & 2295.00 Resistances : 2485.00 , 2525.00 & 2615.00 Gold is in a Very Bullish Formation, but needs to take out the previous High to avoid possible double top . Pattern wise, it is going for 2615.00 , but watch the support at…
Gold futures have reached record highs, briefly surpassing $2,500 per ounce, reflecting a 4% increase for the week… This article Gold breaks the $2,500 barrier! What’s driving this meteoric rise? 🚀 appeared first on Guerilla Stock Trading. Source link
Weekly charts Aug 3. USDJPY WEEKLY CHART – WEEKLY OUTLOOK It took 18 weeks to go from 145.89 => 161.93 and 4 weeks to almost fully retrace the move. Potential targets are at 145.89 (and 145.00) as long as it trades below 148.50. Beyond that is a void to the 140s. Only back above…
Forex Trading Glossary E-F Economic IndicatorMeasures the strength or weakness of all or part of a country’s economy. EMASee Exponential Moving Average Engulfing – Bullish and Bearish(Candlestick Reversal Pattern) The first bar of the pattern is a long black/white day, which is then followed by a white/black candlestick that completely engulfs the total range…
Hypertrend sections Gold m1 Source link
Jan Nieuwenhuijs, a gold analyst specializing in Chinese markets, alleges that China has continued to secretly buy gold without reporting it to the market, benefiting from a price cool-off. Nieuwenhuijs states that the strategy of the PBOC is to purchase gold through UK bullion banks, which goes unreported by using non-traditional bank conduits. Report Alleges…
Forex Trading Glossary C-D CableNickname for the Great Britain Pound. Candlestick ChartsThis is a form of price presentation similar to bar charts which is used to identify localized price patterns that represent market psychology that Japanese originated in the 1600s to analyze the price of rice contracts. As with bar charts, Candlestick charts use…