Around November 15th gold will make its lowest point for the following year
Highly bearish biased formation has occured in DAX30 index. Similar formations are in other European stocks, next crisis will be harsh for many traders
Look at the 2 pictures and spot the similarities, you will find out why. :)
Shorting near 103.20 can make wonders on this chart. 100-101 is near term target
If Euro can't stay over 1.38, 1.3400s are in the next corner
Silver is a BUY above the descending trendline and when it retracts to the moving averages above that trendline cowboys must pull the trigger for 25.00
Descending triangle is obvious and will be used to trap Bears of USDTRY in my humble opinion. Macd Divergence points out to an attack to 2.27 area if that small trendline is crossed above
Usdtry looks oversold for short term, I expect a mean reversion long move with 2.21 target
There may be some zig zag movements but Euro is destined to go down
0.9642 to 0.9620 even is 0.9610 is possible for trend continuation
Under 0.9218 %50 retracement level of 9126 is highly likely
Bottom formation may be forming, above 2.0368 2.0520s are likely to be a target
169.72 may be a C point of a bearish shark with a possible target of 166.50 (There is a nice fib convergence over 169-170 area)
There may be a bullish action , but spreads don't do any favor for the play
Price is near the rising trendline and support zone (1350) even if the prices retracted back to 1330s I expect gold to turn north and touch the second rising trendline near 1420s
Price is near 377 MA and a possible bearish abcd pattern suggesting a sell is near stop loss maybe above point B