Mining

AUS200 Dominant bias: Bullish This market is bullish as well as volatile. Price swung wildly upwards and downward in April, and it has started pulling back again this week (all in the context of a bullish bias). This month, the volatility would continue as price continues its wild upswings and downswing, while the general movement […]

GOLD (XAUUSD) Dominant Bias: Bullish Gold is bullish in the long-term and bearish in the short-term. Price went upwards from April 3 to 17, and then began to be corrected lower. The lower correction has not been significant enough to override the recent bullish bias on the market. However, several more days of bearish movement […]

GOLD (XAUUSD) Dominant Bias: Bullish Gold is now a bull market, which is supposed to continue for some time. The bullish trend that has started on Gold since the beginning of this year came under attack from February 27 to March 14. Price reached a low of 1194.73 in March, and then moved upwards by […]

GOLD (XAUUSD) Dominant Bias: Bullish Gold trended upwards in January and February 2017. Price topped at 1263.61 on February 27 and then began to pull back. The pullback is significant, (about 4,600-pip movement to the south), but it is not strong enough to override the extant bullish outlook on the market, unless price pulls back […]

AUS200 Dominant bias: Bullish While this market went bearish in January, it went bullish in February. In the context of an uptrend, price was corrected last week, and then started March on a bullish note. The outlook on the market is bullish, and there is a possibility that the resistance lines at 5775.00 and 5800.00 […]

As we already know, the OPEC members have finally agreed to cut production in November; followed with the non-OPEC countries in December 2016. For the moment, the deal is valid for six months but there is more supply in the world than the oil itself, evidently effecting the oil prices. For this reason, the agreement […]

AUS200 Dominant bias: Bearish The market was mostly bearish in January, and that was strong enough to bring about a bearish outlook on the market. Although volatile, price has not trended significantly in February, but it is more likely that further bearish movement would be witnessed. The current bearish outlook would remain valid until price […]

Just in the first month of 2017, the demand for precious metals have elevated. Let’s look at some main factors: 1.    Major Inflows The Gold prices have increased 5.2% in January, $1,201.07 per ounce; after falling 13% over the previous three months. In addition, the 10 primary money-drawing EFT’s such as Vaneck Vectors Gold Miners […]

GOLD (XAUUSD) Dominant Bias: Bullish Gold rallied seriously at the beginning of this year, and in spite of the bearish retracement that was seen in the last several days of January. The month of February has also started on bullish note, leading to a bullish bias on the market. Price would target the supply levels […]

Super Trading Strategies – Tapping the Hidden Treasure in the Markets “So much to know, so much to earn So much wisdom to seek and learn If we raise our hands, we’ll touch the sky Our beds are low, our dreams are high…” – Niyi Osundare I was born into a poor family of many […]