PLUS1
Commodities
XAU/USD Maintains Focus on $1,683
Nov 08 2022 @ 06:30
Gold appears to be putting an end to its downtrend. This is happening as the subdued United States Treasury yield provided some assistance. The United States Dollar rebounds strongly during a cautious market sentiment on Mid-term Election Day. Gold bulls stay optimistic as strong support lies at the $1,660 price level. XAU/USD price recently obtained […]
XAU/USD Shapes to Face Last Month’s High of $1735
Oct 06 2022 @ 04:34
XAU/USD is retaining its previous correction, as the United States dollar dips along with yield during a time of poor performance of the Treasury yield. Also, the risk tone looks better, as it reflects Asian stocks and the S&P 500 futures. This however supplied a headwind to the USD as it supports Gold. Investors are […]
XAU/USD (Gold) Reclines Around a Twenty-One Days Height Beyond $1,700
Oct 04 2022 @ 08:03
The USD falls further downwards from a twenty years height during the previous week. However, this has become a major factor initiating the move toward the USD-based commodity. The BoE’s eagerness to purchase around five billion pounds of long-dated gilts pulls the United States bond yield from its many years top and keeps burdening the […]
You Need To Accept This Trading Truth If You Want To Survive
Sep 26 2022 @ 07:01
A TRUTH ABOUT TRADING A couple of things in life that I really don’t look forward to are: 1. when they draw blood for my semi-annual health checkup and 2. when I have to go to the doctor. Yet, when I think about it, not going could be a lot worse than going. I don’t […]
Price of Luxury Watches Falls as a Result of Depression in the Crypto Market
Aug 02 2022 @ 04:21
Luxury watchmakers are expressing concerns as they are seeing a fall in demand for their products. This, resultantly, has made the second-hand market for luxury watches see an impressive price boom as they experience an almost 50% surge in prices. Luxury watchmakers such as Patek Philipe, Rolex, and German-based Chrono-24 are forced to go by […]
8 Things I Wish People Had Told Me About Being A Trader
Jun 23 2022 @ 08:49
Not everyone will be happy for you. The tall poppy syndrome is alive and well. Be careful who you share your dreams with, especially early on in your trading career. A dream is the most fragile when it is first birthed. Trading sounds glamourous, but it isn’t. The best traders follow the same routines day […]
Annual Forecast for BP (2022)
Jun 21 2022 @ 06:06
BP shares (LSE:BP.) have dropped like a stone, effectively putting an end to the recent bullish movement that was in the market. The bullish movement, which was seen from January 2022 to May the same year, has been put to an end effectively. Price precipitously like a stone and went below the EMA 21, closing […]
3 Secrets Of Everlasting Victory In The Markets – Part 1
May 27 2022 @ 13:05
3 MANDATORY INGREDIENTS FOR PERMANENT TRADING SUCCESS “Stop trying to force trades with strategies that don’t work for you. Instead, enjoy the freedom of executing trades that fit your psychology and that help you reach your financial objectives.” – VTI In case you didn’t know, trading is the second most difficult job in the world. The […]
Why Inflation Is A Good Thing
May 27 2022 @ 12:53
Inflation would be the greatest thing to happen to me. I selfishly want the government to spend as much money as possible. “You can’t print money forever!” everyone is shouting.Yes you can. And they will. They’ve been printing money for decades, and only now it’s making the headlines. The reason I am selfishly supportive of […]
Silver (XAGUSD) Price Is Struggling to Break up $25 Resistance Level
Apr 06 2022 @ 10:35
SILVER Weekly Price Analysis – March 06 In case the bulls are able to increase their momentum and penetrate the resistance level at $25 with the daily candle close above it, then, the price may increase further to $26 and $27 price level. Should the bears defend the resistance level of $25, the support level […]
