Yeah so, my purchases of GOLD in the past few years haven't tracked the gold price very closely. As leverage on physical gold it hasn't been such a good pick. However, I am seeing some signs of a change in price-action. Daily RSI is showing higher lows, while price is testing everyone's patience :) making lower lows. Normally hints at a change in direction is coming up. If we get a lower low in price, but the RSI level fails to dip below the 30 level, see that as confirmation. May or may not get it. On the fundamental side; - Physical gold is way up and predicted by analysts to hit USD3000/Oz in 2025 - pretty bullish. - GOLD's cost of production have increased significantly in the past few years, I hope they have or get a handle on that. But the present all-in cost is about (USD1320 - 1420/Oz) 1/2 of the current gold price level, leaving a decent profit margin. - Annual report due in Feb 2025, quarterly performance shows steady quarter-on-quarter growth and consistent profitability. - Earnings forecast for Q4 is about 50% above Q3 which should make 2024 a strong one. - Seem to be well placed coming into 2025. Will probably add more exposure to GOLD in the next month. If $15.45 doesn't hold. Targeting $13.75 and $12.20 based on support. Happy if it goes down, happy if it goes up.
Bond Auction Demand Analysis The recent 10-year Bond Auction showed weaker demand with a 0.2 tails basis point, indicating reduced investor interest compared to previous auctions. The high bid-to-cover ratio of 2.53 suggests challenges for the stock market rally as investors seek higher yields. A 30-year Bond Auction on January 9th will provide further insights into market trends. Jobless Claims Report Impact The Initial Jobless Claims report showed favorable results, which could support a steady move in the market, particularly in the CME_MINI:ESH2025 ES index. Traders are closely monitoring these developments as they assess the implications for interest rates and overall market performance. Market Reaction and Expectations During the first session of the US market, there was little decision-making movement, indicating a need for more information on market reactions. With a national holiday approaching and a 30-year Bond Auction scheduled, a quieter market is expected in the interim.
Everyone and their brother is in profit on uranium stocks
8th January 2025 DXY: Consolidating just below 50% (108.70), stronger ADP, DXY break higher, to 109.20 NZDUSD: Sell 0.5620 SL 20 TP 30 AUDUSD: Look for reaction at 0.62 strong round number support GBPUSD: Sell 1.2450 SL 25 TP 80 EURUSD: Sell 1.0320 SL 30 TP 60 USDJPY: Watching that 158 resistance level EURJPY: Sell 162.95 SL 30 TP 60 GBPJPY: Sell 196.50 SL 30 TP 70 USDCHF: Buy 0.9120 SL 20 TP 50 USDCAD: Buy 1.4385 SL 20 TP 50 XAUUSD: Consolidating below 2655, potential break out to upside, to 2672
Bullish View Analysis for Divi’s Laboratories: 1. Trigger Level: A breakout above ₹5,950 will act as the signal for a bullish entry. This level aligns with the 20 EMA, suggesting that buyers are regaining momentum. 2. Reasoning: The price is currently in a consolidation phase within a range. A breakout above ₹5,950 would indicate buyers are overcoming resistance, potentially driving the price towards higher levels. 3. Stop Loss: Place your stop loss below ₹5,880 to manage risk. This ensures that if the breakout fails, your losses are minimal. 4. Targets: Target 1: ₹6,050 (the first resistance zone). Target 2: ₹6,200 (the upper end of the range). 5. Supporting Indicators: RSI (Relative Strength Index): Currently near 54, suggesting momentum is picking up but not yet overbought. A move above 60 would confirm bullish strength. Volume: Look for an increase in volume during the breakout to validate the buying pressure. 6. Key Levels to Watch: ₹5,950: Breakout level. ₹5,880: Support zone for stop loss. ₹6,050 and ₹6,200: Profit booking zones. Pro Tip: Wait for a 4H or daily candle close above ₹5,950 before entering to avoid false breakouts. Confirm with increasing volume and RSI moving higher for added confidence in the bullish move.
HOLO: Will you fly with HOLO? -Optimal entry with slow risk and big target. -Quasimodo pattern. -Demand volume confirmed and small supply backtest volume confirmed. . Wait n see!
Good day, dear investors. We present to your attention the analysis of the last 2 #Bitcoin growth cycles and the forecast for the beginning of the bear cycle. The data demonstrated a surprising coincidence of numbers: - the bull cycle (the growth of the asset from the minimum quote, to which the asset has not returned) is 1050 days on average. - the bear cycle consists of 365 days on average. At the same time, with each cycle, the depth of the asset correction also decreases: - 2017/2018 loss of 85% of the value of Bitcoin and 95% of Ether. - 2021/2022 loss of 75% of the value of Bitcoin and 80% of Ether. Our conservative forecast for the value of Bitcoin is 150,000. A positive forecast, in the event of the adoption of the "Law on the Strategic Reserve" - 250,000. William Abagnale Cryptanalyst of Vokcapital.
Okay so we had a nice little uptrend on the 1m then a change of character WE took the short at the pivot high of 1.03176 And first tp is the target
This is highly speculative token. It brings a high measure of risk. I put small amounts of money into trades like these and understand that I could lose my whole investment. H1DR4 actively monitors global news and , utilizing OSINT (Open-Source Intelligence) and R-T data (Real-Time data) for comprehensive fact-checking and investigative analysis. By analyzing real-time events and open sources, it reports its findings with accuracy and transparency.
GE: Beautiful sell setup! -Quasimodo pattern. -ABCD pattern. -Bear flag pattern. -Fibo retracement at golden zone 0.618. Down trend structure confirmed for distribution. . See and wait!