BuzinessHandlers

BuzinessHandlers

We can see that the prrice has reached the horizontal line support and trendline support

BuzinessHandlers

Hi !!! 1. The rising wedge has just completed. 2. We're sitting on the resistance level. 3. completion of wave 4 on the weekly TF. 4. We're close to our bearish trend line. 5. I'm going short now

BuzinessHandlers

Gold speculators increased their net long position by 43,000 during the week. Silver speculators were much less bullish as they only increased their own net long position by 4,300 contracts. This suggests that speculators are buying gold because they are risk averse and seeking defensive positioning.

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