LLOYDS BANKING GROUP PLC ORD 10P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), NIGHTHAWK ENERGY PLC ORD 0.25P, VAST RESOURCES PLC ORD 0.1P, VODAFONE GROUP PLC ORD USD0.20 20/21, STRAT AERO PLC ORD 0.01P
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
US 10Y, Euro Bund, Germany 10Y, Japan 10Y, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
The RSI on this 4hr chart has bottomed, we've seen it touch the channel bottom & I now think we will see a sustained push to break $1363 (black horizontal) which is the present resistance. With USDJPY looking set to head lower the conditions seem likely for a surge during the Asian session once we reopen after the weekend. Stay long to $1363, then buy more at the ...
After a clear rally, Gold finally reached the support again. Almost every gold trader has the level of 1,300 on the screen and in this area, there is an enormous number of orders, on the one hand stops for all traders that are already long positioned, but also pending orders for long trades. In addition, the level of 1,300 hits the 38 Fibonacci level. Every ...
The chart shows where major support and resistance is, and is there to indicate the trend. On smaller time frames you'll notice that Gold has over the past week firmly stayed at 1275, rather than dipping lower. The fact that this is happening near a turning point in a major downtrend may indicate that this an early signal to get long. If Gold moves above ...
Ok, now that this has broken through the previously strong support at $1215 on Friday the next support levels are plotted here. There is a horizontal support around the $1195-$1200 area with the latter I think also marketing a phychological barrier potentially. Under this we then meet a longer term support line in the $1180 area.
Very possible yesterday's move down resulted in a double bottom in the $1215 area. I now expect to see a reversal and the breakdown area from yesterday ($1235) retested. So long at least to that level and if that level is retaken hold for the top of the rectangle (where it double topped previously at around $1300)
After a low opening and touching the 1,221.50 level on Monday morning the yellow metal regained its losses in the early hours of the day’s trading session. However, the bullion is still likely to continue the retreat, as the Macron victory in the French Presidential Election is seen as a sign of minor changes in the fundamentals in the financial markets, which ...