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Thursday (February 01) In the European daily trading session, the hourly chart shows that the international gold price continued to show signs of turmoil. As of press time, the price rebounded and touched the highest level at 1344.54....+Read More
With the falling trend of the previous two trading days, the price of gold rebounded from a low of Tuesday on Tuesday and turbulence went up.
In terms of the U.S....+Read More
Spot gold rebounded on Wednesday, the US market hit the highest intraday 1345.10 US dollars / ounce, the US dollar index fell again on Wednesday, below the 89 mark, the lowest intraday touch 88.81....+Read More
Wednesday (February 7) Coin Pro Station announced the offer, BCH / BTC early days to take the early gains, then lower volatility, and finally closed at 0.125730. The trading day Asian plate lower volatility, the current trading below 0.125000....+Read More
During the Asian-Pacific session of the trading day, the S & P 500 futures fell 0.60%, the yen gained buying buy and the dollar / yen retreated all the way down....+Read More
At 4 hours, a technical rally starting from a low of 0.7835 seems to have lost momentum around 0.7910, with the 50MA and 100MA having built a ceiling, which means bearish set.
In addition bearish crossover will occur soon, the air force to further enhance the strength.
RSI indicator to maintain short-term bearish bias....+Read More
EUR / USD: short-term rallies tend to short
The rebound in the exchange rate was hindered by the resistance zone formed by the already-declining upward trend line since January 17 and the downward trend line starting February 2.
After gold's sell-off a few weeks ago, the recent sharp rebound resumed above 1300. The monthly chart shows a huge buy signal for the bar bar reversal pattern. It is noteworthy that the price of gold had formed a fake break in the 1240.00 area and then recovered quickly and sharply higher which could result in short covering in the coming weeks as traders betting on gold need to buy and buy back short positions . Observed the next few days the price of gold is retreating, waiting to do more in the 1275/1296 area....+Read More