GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
OILEX LD ORD NPV, UK OIL & GAS PLC ORD 0.01P, LLOYDS BANKING GROUP PLC ORD 10P, VAST RESOURCES PLC ORD 0.1P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), PREMIER AFRICAN MINERALS LIMITED ORD NPV (DI)
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
I expect xau/usd to go down in a longer term. It stays in this channel for for enough time to continue its longer down trend. I will personally wait for the candlestick patterns around the channels borders to preferably open the short positions. Long positions (either starting now around next lower line) would be very risky and I am not going to take the risk.
I opened this position today as the pair seems to be turning down for the last two days.
not only according to huge RSI divergence that occurred in the top of the trend there is not much chance the EUR/USD would fly over this years tops. But according to the pattern which is humbly proposed on the picture, some grow is still expected. I went long but very cautious, this position could be risky because of quite certain trend change.
both RSI divergence and the top lone of the channel says there is a chance the pair could go down. I opened a position today and I´m publishing this idea probably just to be a target of your roasting after the pair moves up :)
The price in getting close to 50 EMA on 4H chart (and 200 EMA on 1H). I believe the gold will follow the long term a bounce higher. The reason for this is not only the fact that the trend is still so strong (no divergence on stoch oscilator) but also (and mainly) the fundamental geopolitical situation risks regarding the Korean peninsula.
The pair is getting close to EMA 200 in a 4h channel. I believe there is long possibility in a longer term.
Since gold broke the weekly channel I strongly believe there in an opportunity for long positions.