Dear traders and followers, the Gold price has lost last week more than 100 $ value which was a strong correction in short term. This morning a double bottom at 1850 $ has been confirmed which is an buy signal. The RSI indicator broke out of down trend channel which is an buy signal as well. Market looks short term bullish on 4h and going to move to the 1900 $...
Dear traders and followers, the Gold price moves within a triangle pattern which has been build after a strong up rally. We have analysed two possible price movements. 1. The price opens near Friday close price and starts a small down movement until Tuesday midday without breaking and closing under the 1920 $ area --> this is a buy signal with target at 1965 $...
Dear traders and followers, the Bitcoin price moves within a triangle pattern and has confirmed a double bottom last Thursday. This is a short term buy signal. Expect many buyers entering the market after break and close above 11650-11700 $ area. If the market fails to break this price area a retest of trend line and price area at 11300 $ is very likely. The...
Dear traders and followers, It’s time again for one of our popular stock analytics. Today we take a closer look at Gilead Sciences The California-based pharmaceutical and biotechnology company offers a very attractive mix of Corona’s special economy, a bit of takeover fantasy and a moderate evaluation. The drug Remdesivir, which is approved for Corona...
Dear traders and followers, the Gold price broke out of the triangle pattern and closed several times above it on the 4 hour chart. The MACD indicator buy volume is growing again and on higher time frames (12 hour and one day) is a buy signal incoming. Market opening Monday night will be interesting for further movement but the market is likely to retest at...
Dear traders and followers, the Gold price moves within a triangle pattern and confirmed last week a higher low. Next week is the 1970 - 1980 $ area important for further price movement. A failed breakout above 1970 $ confirms a lower high which is bearish sell signal. Open short as soon the price doesn't break and close above 1980 $ within 24 hours when price...
Dear traders and followers, the Bitcoin price broke out of middle term triangle on higher time frame and closed several times under the triangle trend line. If the current or next 12 hour candle doesn't move back into the triangle and close within it we can expect with high probability a down movement to at least 10500 $. This area is first strong support area...
Dear traders and followers, the Gold price broke and closed above 1980 $ resistance which now changed to support. Price reached short term trend line and support area. Expect buyers entering the market. If the price doesn´t break under this support within the next 24 hours --> this is a buy confirmation with target at 2045 $ If the price break and close under...
Dear traders and followers, the Bitcoin price is in short term sideways movement since beginning of the weekend. Expect bigger volume incoming with US market opening on Monday. Market going to 12.000 $ area if the current 4 hour candle close above 11800 $. Expect short sellers entering the market near 12.000 $ area because there is strong resistance which has...
Dear traders and followers, the gold price has gone into a correction movement and lost almost $200 in value per ounce last week after reaching a new all time high. We are waiting for a new test of $1900 and subsequent buy confirmation before opening a buy position. The MACD indicator is below the 0 line (bearish) and the base lines are close to an bearish...
Dear traders and followers, the Ethereum price is since beginning of August in "sideways" movement ( 360 - 410 $ ) and seems to lose buy volume. If the market doesn't start another up wave and break & close above drawn red resistance line a strong down correction to 280- 285 $ is very likely to happen because market wasn't strong enough to form a higher high on...
Dear trader and followers, the DowJones price has opened with a small down side gap and tested the 26300 support already. A second test and failed breakdown is a buy signal. Wait for at least 2-3 four hour candles to close above the green support line before open a buy position. Test of this support should be done within next 24 hours. - MACD indicator sell...
Dear traders and followers, the oil price has open with a small down gap and started down movement. Price is testing currently the 40 - 40,20 $ resistance. On the 4 hour chart its very likely that the price break this resistance soon and moves to trend line and resistance at 40,80 $. At this point we expect start of next down wave with target at 39 $ and...
Dear traders and followers, the Bitcoin price moves since beginning of June in 1000 $ movement waves. We still don´t believe in bigger volume incoming or any reason for strong down/up movement. The MACD buy volume turning into red area and the baselines going to cross bearish which indicates sellers entering the market. We see two possible price movements. 1....
Dear traders and followers, the Bitcoin price is in short term up movement and going to reach the down trend line within next 24-48 hours The price retraced several times from this trend line and resistance. A failed break above the drawn trend line would implement an head and shoulder pattern on 4 hour chart. The Neckline is at 9150 - 9200 $ --> only a break...
Dear traders and followers, the Bitcoin price moves within an rising wedge. This pattern is usually followed by down movement after a confirmed breakdown. The first breakdown failed and turned into a bear trap. The market has confirmed a higher low which is a buy signal. We expect another up movement before big sellers entering the market. Target for this move...
Dear traders and followers, the price of gold in the last week has compensated the total losses of the previous week and looks very bullish on the weekly chart. On the daily chart the price has confirmed the support at 1720 $ , expect up movement short after market opening. -MACD indicator: sell volume is near 0 line and the baselines going to cross bullish =...
Dear traders and followers, the Ripple price moves within a descending wedge. Two possible price movements after breaks are drawn in the chart. On the one hour chart a inverse head and shoulder pattern has been formed. If this pattern should be confirmed an upward movement is likely The market must be observed after the break below 0.18 $. The market could...