seen from Canada
seen from China
seen from Japan
seen from United States
seen from China
seen from Canada
seen from Japan
seen from Malaysia
seen from United States
seen from China
seen from Russia
seen from United Kingdom
seen from China
seen from China
seen from United Kingdom
seen from Türkiye
seen from United States
seen from Germany
seen from South Korea
seen from China
Gold Loses The 10 Day MA
Gold broke above the previous daily cycle high last Monday, then proceeded to consolidate above the breakout level — until Monday. Gold closed convincingly below the below the breakout level on Monday. God also broke below the daily cycle trend line to close below the 10 day MA on Monday. Any bearish follow through will signal the daily cycle decline. Gold is currently in a daily uptrend. Gold…
View On WordPress
Stocks Deliver Buy Signal
Stocks Deliver Buy Signal
After breaking out to new all time highs on Tuesday, stocks backtested the breakout level on Wednesday. After emerging from the ICL stocks have begun closing above the upper daily cycle band indicating that they are in a daily uptrend. Forming a swing low above the upper daily cycle band signals a continuation of the daily uptrend and triggers a cycle band buy signal. The decline into the ICL…
View On WordPress
Here you can learn what is Support level, What is Resistance Level.
Technical analysts use multiple ways to assume the future stock price in the market. And once you have studied trends, the next important topic in technical analysis is support and resistance.
Gold - 3 Points To Consider
Gold – 3 Points To Consider
Gold formed a swing high on Wednesday and delivered bearish follow through on Thursday. There are 3 points to consider in order to determine if gold has begun its daily cycle decline.
Point # 1) Timing Band
Thursday was day 22 for the daily gold cycle. That places gold early in its timing band for a daily cycle low.
Point #2) The daily cycle trend line.
While gold has formed a swing high…
View On WordPress
