Sirwin
Sirwin

gold

709 Articles 4 Followers


My Thoughts on Current Markets-121

12 May 2024 3 minute read 0 comments Biologist25

I can say that the reactions on the Dow Jones side have accelerated. After the 39000 level was exceeded, 39400 - 39600 levels were reached. 39600's are important, there is a possibility that it will go above this level again to the range of 40000 - 4...

Gold as an Investment: A Timeless Asset

10 May 2024 3 minute read 15 comments LeaderIcarus

Intro Gold had an all-time high recently, reaching above $2300, but why gold is considered as a must on every investment portfolio? OF course, gold has a rich history as a commodity, deeply tide with economic, political, and even cultural development...

My Thoughts on Current Markets-119

8 May 2024 9 minute read 0 comments Biologist25

FED convened. Meanwhile, the data coming to the FED caused the economy to stagnate a bit in terms of unemployment, that is, job demands, and I think the declines in gold and other bitcoins suddenly stopped. The downward movement in the indices has ca...

My Thoughts on Current Markets-118

7 May 2024 4 minute read 0 comments Biologist25

The ounce of gold rose and Fibonacci moved to 2.618, that is, 2427. Since there it is now floating towards its 34-day moving average. What had he done to fix it before? It had achieved its previous correction in the 2050 - 1980 region, again around t...

My Thoughts on Current Markets-117

6 May 2024 2 minute read 0 comments Biologist25

The 106.50 - 107.50 range continues to constitute resistance in DXY. The product is a candidate for sale every day that it does not exceed 107.50. In the short term, the area up to 102.50 is empty, the continuation of the declines will create a rally...

My Thoughts on Current Markets-116

4 May 2024 3 minute read 0 comments Biologist25

In Dow Jones, there was a reaction from the 37500 - 38000 range, which I pointed out before. Reactions reached up to 39000. We also saw some minor corrections from here. Then the 39000 attempt came again. But we have difficulty passing these levels....

Morning JAVA: FED Holds Rates, Eases Quantitative Tightening

2 May 2024 3 minute read 3 comments SweptOverNiagara

After being away for a couple of weeks travelling to the east coast, I finally have a bit of time for another Morning JAVA post. Yesterday, the Federal Reserve concluded yet another FOMC meeting and to no one's surprise, the FED held bench mark rate...

My Thoughts on Current Markets-115

1 May 2024 3 minute read 0 comments Biologist25

If you look at the daily chart of the ounce of gold, I can say that the 2146 - 1980 squeeze came quickly, and since it touched 2427, it has been receiving horizontal - downward pressure and / or short-term correction. I said that if the 1980 decline...

My Thoughts on Current Markets-114

30 Apr 2024 7 minute read 0 comments Biologist25

There are some upward reactions on the euro - dollar side and sterling - dollar. Gold is trying to stay where it is. There are some reactions there too after the sharp decline. There is an attempt to make a bottom, albeit temporarily. Nasdaq went dow...

My Thoughts on Current Markets-112

24 Apr 2024 10 minute read 0 comments Biologist25

Nasdaq made 3 peaks in March and April. The first is 18416, the second is 18464, which is the historical peak, and the third is 18337. A horizontal area similar to the head-and-shoulders formation was formed between these dates. After April 12, it br...