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My Thoughts on Current Markets-106

8 Apr 2024 2 minute read 0 comments Biologist25

Euro - dollar parity is at 1.0833 level. Here I will be following the 1.0750 - 1.0850 band range for this week. On Thursday this week, the European euro zone will decide on the euro interest rate. Whether or not there will be an interest rate cut her...

My Thoughts on Current Markets-105

3 Apr 2024 3 minute read 0 comments Biologist25

When we look at the daily chart of ounce gold, there was a very serious triangle compression, a contraction, between 2020 and 2080, probably for about 2 - 2.5 months. I said that if 2021 passes, especially 2058, the price will gain an upward momentum...

Morning JAVA: Gold Skyrockets But Look At Oil Too!

2 Apr 2024 3 minute read 5 comments SweptOverNiagara

Gold hit a record high just above $2,200 last Thursday to cap a record smashing first quarter along with multiple record intraday, daily, weekly, and monthly highs for 18 total broken records that I can count. Yesterday, just as the clock struck mid...

Gold Closes Quarter, Month, Week, Day At Record High

31 Mar 2024 3 minute read 0 comments SweptOverNiagara

Gold's Record Quarter! Since March 1, gold has smashed through no less than 18 records including intraday, daily, weekly and monthly close. With Thursday's record close above $2,233 before the markets closed for the Easter holiday, gold breached no...

My Thoughts on Current Markets-104

26 Mar 2024 4 minute read 0 comments Biologist25

Let's start with the ounce gold analysis. A horizontal image is still preserved. On the daily ounce chart, the gold rate of the 2146 - 1973 decline is 2254. Therefore, I am not writing it anymore because 2194 dollars, which is Fibonacci 1.272 of the...

My Thoughts on Current Markets-103

25 Mar 2024 1 minute read 0 comments Biologist25

Euro - dollar parity started the week at 1.0838. Maybe a 1 point drop may be possible this week. So this week, I will follow the 1.0750 level in the euro - dollar parity as a support level. The ounce price of gold is at 2176 dollars. He got it togeth...

My Thoughts on Current Markets-102

24 Mar 2024 4 minute read 0 comments Biologist25

There was a correction on the Dow Jones side on friday. We were pricing above 40000, but we closed below 40000. Here, I can say that the point where both trackers and bollingers have reached is approximately 39500. As long as it stays above 39500, th...

Morning JAVA: Gold, Nasdaq, S&P 500 Hit Fresh New Highs

22 Mar 2024 5 minute read 0 comments SweptOverNiagara

Gold Blasts Above $2,200 For First Time On March 1, gold began a rally starting with a fresh new weekly record close. On the following Monday, gold continued to rally, setting a new record with a new record high daily close. The following day and ev...

Gold and Bitcoin are two different investments

18 Mar 2024 2 minute read 1 comment Bala

In the last few months, I have been seeing many people saying not to invest on Gold but invest in Bitcoin. I wanted to take some time today and share my thoughts on this. I understand that the price of BTC has been really good in the past month but a...

My Thoughts on Current Markets-101

18 Mar 2024 2 minute read 0 comments Biologist25

Euro - dollar parity is horizontal at 1.0881. I continue to look cheap below the 1.09 level. Level 1.10 is on my radar. After the 1.10 level is realized, there are resistances at 1.12 - 1.15 above. That's why I continue to see euro-dollar parity belo...