1,010 Articles 4 Followers
1 Jan 2025 6 minute read 0 comments Perfectionist25
The ounce of gold started 2024 at around $2040. After exceeding $2040, which corresponds to the Fibonacci 78.6 of the $1810 decline, it went up to 2781-2790 with the phase I call the spoiled phase. This year, after a long break, because for years the...
31 Dec 2024 3 minute read 0 comments Perfectionist25
Despite the markets being closed due to Christmas, pricing in EUR/USD continues to follow a weak trend due to selling pressure. Technically, if the 1.0427 supply zone remains below, the possibility of the price pulling back to 1.0345 levels may incre...
28 Dec 2024 1 minute read 0 comments Evih
One thing I learned from FOFOA (https://fofoa.blogspot.com/) was that we have too narrow of thinking when it comes to money. We want to limit ourselves to one kind of money for all timeframes. Hard money (savers like this) or easy money (debtors...
27 Dec 2024 5 minute read 0 comments Perfectionist25
I think America will have a somewhat volatile year. I think the movie will have 3 scenes. The curtain opening is turbulent, volatile, we experience back and forth, then strong upwards, then I think the closing of 2025 may be a bit troublesome. I am c...
25 Dec 2024 7 minute read 1 comment Perfectionist25
When looking at the daily gold ounce chart, there have been three peaks since November and each peak is below the previous one. It has been stuck in the 2570 -2721 range for 15 days. Falling peaks are a sign of weakness, a sign of pressure, but risin...
19 Dec 2024 3 minute read 0 comments Perfectionist25
Following the fluctuating course in the European Central Bank inflation data, the EUR/USD parity, which accelerated its decline with the FED interest rate decision, continues to hold above the 1.0345 demand zone. I expect pricing to show a short-term...
16 Dec 2024 3 minute read 0 comments Perfectionist25
Dxy closed last week with a horizontal buyer. This week, the FED meeting in the US is on December 17-18. Interest rate cut expectations are currently in the prices. Dxy has not yet technically moved to the relaxation side. If we see a price below the...
11 Dec 2024 5 minute read 0 comments Perfectionist25
On the daily gold ounce chart, falling peaks and rising lows have begun to form. In other words, the squeeze has begun. The area we are squeezed in is roughly the 2600 - 2680 area. In this sense, we will follow 2680 carefully. Monday's checks for the...
10 Dec 2024 3 minute read 4 comments FKlivestolearn
This growing trend may signal a potential rethinking of global reserve strategies and challenges to the dollar’s dominance ahead. The historical dominance of the U.S. dollar, established through milestones like the Bretton Woods system, the petrodol...
5 Dec 2024 7 minute read 0 comments Perfectionist25
If we look at the daily gold chart of the ounce, we see very clearly a descending peak and Fibonacci peaks here. There is a Fibonacci channel at 2790, it makes a peak here. It falls to 2530 - 2570, that is, to the 89-day moving average, then jumps to...
