oil

280 Articles 0 Followers


My Thoughts on Current Markets-69

15 Jan 2024 2 minute read 0 comments Perfectionist25

The Dow Jones side has continued to move for about a month, stuck in the range between 38000 and below 37500. There are attacks above 38000, but they cannot be permanent above 38000. When it starts to stay above 38000, we can start talking about new...

My Thoughts on Current Markets-68

13 Jan 2024 3 minute read 0 comments Perfectionist25

We have left another week behind. I stated that this week would give good buying opportunities, especially on the silver side, especially on the foreign exchange and gold side, and at the last close of the week, we observe that Gold prices, Silver pr...

Bitcoin Back Over $48,000. Onward to $50,000?

11 Jan 2024 3 minute read 4 comments SweptOverNiagara

Bitcoin has risen $3,000 in the last 24 hours from just below $45,000 to $48,231 at time of writing. The big news is from the SEC in the U.S.A. which finally approved Bitcoin ETFs for the first time late yesterday afternoon. A compromising tweet from...

My Thoughts on Current Markets-63

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...

My Thoughts on Current Markets-62

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...

My Thoughts on Current Markets-61

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...

Gold On Track For A Record Yearly Close

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...

My Thoughts on Current Markets-56

24 Dec 2023 3 minute read 0 comments Perfectionist25

The trend continues on the Dow Jones side. Seems a bit stuck at 38000's. If 38000 wears out it will accelerate again. There is no problem in the short term, especially as long as it does not fall below 37200. But if it falls below, it will want to ma...

My Thoughts on Current Markets-55

23 Dec 2023 8 minute read 1 comment Perfectionist25

Positive pricing has been continuing in the USA for a long time. The first positivity came in line with inflation expectations. The increase in inflation stopped, and when Powell said "There may be an interest rate cut in 2024", all the negativities...

My Thoughts on Current Markets-53

20 Dec 2023 2 minute read 0 comments Perfectionist25

The horizontal course of the euro - dollar parity is at the level of 1.0972. Of course, I had a warning that it might fall below the 1.09 level this week. This warning is still valid; there is a possibility of a one-point decrease. So let's pay atten...