amg_nik

amg_nik

Since August, we see that gold has been trading in a descending triangle. Price broke the downward sloping resistance in early November, only to sell off harshly on November 9 following news of a promising vaccine, then continuing to trade inside the triangle pattern. In the near-term, a large move should be expected, and looking at the PA here a short...

amg_nik

AUDUSD is currently trading sideways in a range. A break to the upside, after clearing immediate resistance levels above, could offer a fine long position. Invalidation of this trade idea would be a breakdown below 0.7000. A support level has formed at the 0.7000 level. This level held on three re-tests throughout September-November, after previously acting...

amg_nik

Hufvudstaden AB is a Swedish, Large-Cap real estate company listed on Nasdaq Stockholm. BACKGROUND: - During the severe sell-off in February/March, price traded at approximately -50% at its lowest point, as mesaured from the previous all-time high. - Throughout summer, price traded in a falling wedge pattern, which eventually broke out to the upside. At this...