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Technical Reviews for Gold and Silver (January 2018)

02 Jan 2018 @ 10:34
GOLD (XAUUSD) Dominant Bias: Bullish Gold dropped massively in the first half of last month, reaching a low of 1236.21 on December 12, 2017. At that juncture, further bearish movement was rejected, as price went upwards by 7000 pips, ending the month on a strong bullish note. There is a Bullish Confirmation Pattern in the […]
 

Daily analysis of major pairs for January 2, 2018

01 Jan 2018 @ 13:32
The USD/JPY went sideways during last Monday and Tuesday, and then began to drop on Wednesday, until the market closed on Friday. There is a Bearish Confirmation Pattern in the 4-hour chart (though the outlook on the market is neutral), which would become strong as price moves further southwards this week. EUR/USD: The EUR/USD rose […]
 

Microsaic – BUY

26 Dec 2017 @ 20:52
Microsaic shares (LSE:MSYS) could now be rated a “buy” as a result of the recent great bullish breakout, which should continue for several months.   The market consolidated to the downside between July and October 2017, and then went flat from October until December, when it had a major breakout, going northwards wildly. Price has […]
 

Legendary Investments makes a sustainable bullish breakout

26 Dec 2017 @ 20:34
Legendary Investments stock (LSE:LEG) seems to have come out of rough waters (choppy, unpredictable market conditions), as it assumes a bullish bias. The ADX period 14 is rising above the level 20, meaning that the momentum may be rising. The DM+ is above the DM-, showing the bullish strength. The MACD default parameters, has its […]
 

Petrel Resources recovers its recent losses

14 Dec 2017 @ 22:06
Petrel Resources stock (LSE:PET) has started to recover its recent losses as it spikes legitimately upwards this week. The upwards spike is better referred to as a bullish breakout and it would be sustained as the market fully recovers. Price went below the lower Trendline before shooting upwards above the upper Trendline. Price is currently […]
 

IQE correction to end, price to go upwards

14 Dec 2017 @ 21:38
IQE shares (LSE:IQE) are in what can be called a correction in the context of an uptrend. The correction would allow traders to go long at a better price, for price would go upwards again to overcome the resistance level at 180.00. 4 EMAs are used for this analysis and they’re EMAs 10, 20, 50 […]
 

Advanced Onco surprises investors

07 Dec 2017 @ 21:00
Advanced Onco stock (LSE:AVO) has surprised investors. Price was bullish from July to October 2017, and then started going downwards. Price has now shot upwards this month, and would keep going upwards in spite of a possible retracement along the way. The ADX period 14 is at the level 30, showing that the momentum in […]
 

Lionsgold gets a bearish correction, to go upwards soon

07 Dec 2017 @ 20:53
Lionsgold shares (LSE:LION), which were caught in a tight base for most part of this year, have already started journeying upwards seriously. The market started a serious bullish movement around the end of last month and the beginning of this month. The market is currently experiencing some correction in the context of an uptrend. Price […]
 

Capital.com’s SmartFeed Has Arrived

04 Dec 2017 @ 22:33
Fintech startup rolls out their revolutionary smart tool – Helps users trade smarter by detecting biases and providing tailored content Capital.com, a fintech company developing cutting-edge trading software has just announced the much anticipated release of their leading SmartFeed technology. CEO Kira Bondareva proclaims it as “one of the most exciting features of Capital.com’s...
 

Technical Reviews for Gold and Silver (December 2017)

02 Dec 2017 @ 02:14
GOLD (XAUUSD) Dominant Bias: Bearish Gold is bearish in the short-term, and neutral in the long-term. In the long-term, price consolidated throughout November; but in the short term, the last week of November has been bearish. In the short-term, price has dropped seriously enough to generate a clean bearish bias on the market, and as […]
 
 
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