First of all, I would like to emphasize that this is an idea that does not necessarily have to happen. However, the situation is not unlikely, as even the biggest winners of the pandemic had to give up at some point. In terms of charts, Amazon is still in a devaluation trend. Should this continue, there may (but need not) be several corrections, supported by the...
Nothing much to say about it lol. ... Buy some certificates first.
I am not in the crypto game but we have a really interesting situation right now. Bitcoin, which is supported by technicals, reached a significant resistance of the montly downtrend channel. Today we also have seen that the 10 year bonds were rising up strong either. Do we have signs of continuing for a bull market ? Has the market the war situation priced in...
Based on the chart technical situation, one can still recognise an active bullish formation in the gold price. Something that is very winding in itself, because 2 days ago the interest rate was raised to 0.5 points. The last time the key interest rate rose, gold fell 2 days in a row.
If you take a look on the Russian Ruble we really had a all Time High at 177 points like never before in history. But in one day it changed and has fallen back to 110 points about. Although Russia is the most sanctioned country in on the world right now. The situation with the Russian currency really remembered in the situation with the Turkish Lira where...
The Nasdaq had difference emotions this week. Fact is that he gave up but not that much as European indices. For European Indices and Germans stocks I would bet a buy back because we are clearly oversold. If this situation is gonna happen than we will see the US Indices rising a bit higher either. We could probably hit the 14.500 points again as key resistance....
Given that the euro has given way at all levels because of the theater of war, the euro has not buckled all that much against the British pound. The antagonists to the euro this week were commodities, which have increased due to extended inflation expectations and supply bottlenecks. From a technical point of view, one could expect a buyback for the euro on the...
I'm no bitcoin expert but some things are for sure. The last few weeks and days have shown again that Bitcoin is not an inflation headger and also not a safe investment haven. On the contrary. It stays gold. The question is whether this was just a prolonged correction of sell-offs to allow the crypto giant to claim new highs in the near future, or whether the...
The USD futures show enormous weakness. Not only did we accept semi-circular resistance for several months, but we bounced off the 200 EMA. Gold is in huge anti-correlation to USD futures and has been boosted by the geopolitical situation. If the situation worsens on its own or lasts longer, we will continue to experience weakness. With more escalation, we can...
In short, Wall Street is still preparing for worse situations to come.
Maybe the geopolitical situation will decide whats gonna happen. What are your thoughts ?
From a chart technical perspective we are nearly at the highest point of the cyclicality. It’s unbelievable if you recognize how many years it’s costs to stay there where we are. Anyway, if we see at the fundamentals right now, it doesn’t seems that bad for gold: - inflation isn’t peaking - Russia Ukraine could getting more worse (I don’t hope so) - Gold is...
It's going to be very interesting. Because tomorrow the CPI data will come out. On a short time span we recovered from the PoC, the $1790. Currently, however, we have little bullish impulses, which suggests a clear relapse. On the higher level, we still have a broad zone of resistance. The question is will we break through this zone tomorrow or bounce off it for...
📀I just have a slight suspicion that this time the gold price will not find its way up on its own, but with the help of renewed demand for gold and silver mines. A possible factor in this regard could be worsening economic news, which should provide the impetus for the next big rally. One of the reasons I would consider gold and silver as one investment through...
As you can hopefully see, there is a correlation between Euro Bunds and US Treasuries. Because the yields on bonds have risen sharply in the last few days, the question now arises as to how long this will last? Yields had their last strong increase due to excellent economic data of the 4th calendar week. It is therefore very possible that if deteriorated to...
To put it simply, the technical chart situation for Silver isn't as bad as one might claim. While silver's recent run bounced off its downtrend, we have several bull structures that are leading us to suggest higher prices. The two more noticeable patterns are a strong resistance zone and a bullish double bottom. In the short time frame, the trend is held by an...
My forecasts have been confirmed since my last analysis of gold. Therefore, I assume that in a combination of bad economic numbers from Omicron, lack of business numbers and further trending of silver towards the north, the price of gold will pick up speed again. After that, however, there should be a stronger sell-off again, as usual, on a more familiar...
As such, all major indices have strong support. This could eventually lead to the formation of certain risky formations.