GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
POWERHOUSE ENERGY GROUP PLC ORD 0.5P, LOCATION SCIENCES GROUP PLC ORD 0.01P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), PREMIER AFRICAN MINERALS LIMITED ORD NPV (DI), GUNSYND PLC ORD 0.01P, VAST RESOURCES PLC ORD 0.1P
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
This has broken from the very protracted downtrend and bottoming over the last 12 months. You can now see two horizontal lines of resistance - one of which the price is currently sat at - we also have a parallel channel on the RSI which I think needs to break.
To my eye we need to see to move above $2100 and we should be in for a long hold and run.
Weekly chart so very long timescales in play but this has bottomed and is reversing from my perspective. I would be taking longs on the dips.
Next candle will be long and blue here. This has definitely bottomed and the reverse is beginning .