GOLD has been playing out PERFECTLY
After the bullish flag / ABC Correction we received, we got a rejection off the longer term TL which has provided plenty of liquidity driving price up to the Resistance at 1345.
I expect price to pullback to the blue 50-61.8 sweetspot highlighted in blue, before another rally towards 1,400
As you can see, BTC has gained a lot of selling pressure over the last few days. Perhaps due to bigger participants taking profits after we hit the psychological number of 9,000.
The ADX shows buyers are starting to gain dominance, indicated by the red line crossing the green line. And volatility is starting to pick up.
Furthermore, i have taken a previous move...
Trade Type: Position/Swing
EURAUD is approaching the area where there was the huge manipulation at the beginning of the year to mitigate. A lot of people are in sells currently which makes the market more likely to push up to take them out, before a long term bearish run. AUD news approaching and I expect AUD to temporarily spike...
In this screencast and links below I expose what's going on in market manipulations.
In essence large organisations - who shall remain nameless - are busy buying back their own stock in an attempt to stabilise Wall Street and other markets. This is likely to give small investors a sense of security that they should buy stock. Price - to the minds of the big...