Gold broke out of its pennant pattern a couple of days ago. Either we have a breakdown or a shake out (caught me out at break even) occurring right now just below the 50ma. A similar shake out occurred during the last pennant just before it exploded north.
I have bullish leanings for gold, given all the stimulus and extra stimulus coming out of the US. I'll be...
The net quantitative assessment of GBP shifted from a 30 points to - 5 points. This shift showed that the current long state of the pair was short lived. Simultaneously NZD quant score shifted from 0 to 28 showing an increase in strength. After waiting for a candlestick confirmation entered the trade, and still waiting for the position to materialise. 25% of the...
