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10 Jan 2024 2 minute read 0 comments Perfectionist25
Gold has been below the short-term downtrend since reaching around 2146 on the daily chart, where we made a peak towards there. Now when will we get rid of the falling train? Let me explain my if condition once. In other words, when will strong prici...
8 Jan 2024 3 minute read 0 comments Perfectionist25
The dollar is strong in international markets. There is a dollar index above the 102 level this week. I will continue to follow the dollar index's $101.80 - $102.80 range. Another important development this week that closely concerns the dollar and d...
8 Jan 2024 3 minute read 0 comments Perfectionist25
The trend, which started at the bottom in Dow Jones, continues upwards without falling below the RSI, as well as passing the red trace period. The first dot trial has arrived. This was at the end of last week. It is necessary to pay attention to this...
7 Jan 2024 2 minute read 0 comments Perfectionist25
In international markets, the dollar index had tested above the 102 level. The dollar index declined again. In other words, last week we left behind a week in which the dollar increased in value in international markets. Euro - Dollar parity closed a...
3 Jan 2024 4 minute read 2 comments SweptOverNiagara
We have a couple of milestones occurring today. First is the U.S. national debt which just surpassed $34T, that's $34 Trillion or $34,000,000,000,000! Take a moment and let that sink in. These trillion dollar increases are happening in higher frequen...
2 Jan 2024 1 minute read 0 comments tommyl33
Good morning everyone. DAILY GOLD MARKET OVERVIEW CHART IN 1/2/2024 Gold didn't show any sign of bullish or bearish movement for long runs. It has been capped with a price between 1862.41 and 1878.47 since a few days ago (range between 160 pips). En...
30 Dec 2023 4 minute read 4 comments SweptOverNiagara
December has been an exciting month for gold. On Friday, December 1, 2023 gold went above $2,070 for a new record daily close after languishing at about $1930 most of the previous month. It gave me a sense that something was up behind the scenes. Was...
28 Dec 2023 1 minute read 0 comments Perfectionist25
The dollar index is at 100.60, just above the 100 level. My expectation for the dollar index is 92 levels, 103 - 104 levels are now behind us. It retreated again to the psychological support level of 100. Of course, this downward trend in the dollar...
27 Dec 2023 2 minute read 1 comment SweptOverNiagara
Just a quick update on the things I like to follow... Gold is doing very well. So good in fact, it's headed for the highest yearly close on record! As shown below, gold is at $2,077. These are historical times for gold, indeed! While Kitco's site is...
27 Dec 2023 2 minute read 1 comment Perfectionist25
On the DXY weekly chart, there was a movement with oil towards 113 levels due to the Russia-Ukraine war. The trend from 89 to 113 was broken. Let's pay attention to 100.79 in the short term. Between 99-107, this breakout has roughly 78.6 support poin...
