PLUS1
Technical Analysis
Gold (XAUUSD) Rebounds Above $1,757 Support, Resumes Uptrend
Oct 19 2021 @ 06:40
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Ranging On October 13, the Gold (XAUUSD) price broke above the moving averages and retested the 50-day SMA. This is an indication that the market is likely to rise on the upside. The uptrend is likely to resume on the upside after […]
Silver (XAGUSD) Erases Gain Amid Positive Move Towards $23.50 Level
Oct 19 2021 @ 06:09
XAGUSD Price Analysis – October 19 Silver (XAG) positive fortunes faded around the $23.50 mark, with the price erasing its most recent thrilling bounce above the moving average of 13. During the Monday session, the commodity rose slightly and was last seen lingering near day highs in the $23.22 -$23.40 range. Key Levels Resistance Levels: $24.50, $24.00, […]
The Death of One of the Most Eclectic Traders
Oct 16 2021 @ 09:57
MASTER TRADER JOE ROSS PASSES ON Dear Traders, We are sad to inform you of the passing of Master Trader Joe Ross on the morning of Tuesday, September 7, 2021 at the age of 87. He went peacefully doing what he loved, by taking care of Loretta, his wife of 62 years of marriage and teaching […]
Bitcoin Price Analysis: Long-Term Holders Remain Unshaken by Price Action
Oct 16 2021 @ 09:43
New reports from Glassnode show that despite the recent price surge in Bitcoin (BTC), long-term holders have shown no intention to liquidate and realize profits yet. The blockchain analytics provider also revealed that the percentage of BTC supply held for at least three months reached 85%, a new all-time high. Citing data from Glassnode, famous Chinese […]
The Fed Has a Problem
Oct 14 2021 @ 10:00
The US CPI numbers were more or less in line with expectations, that was a relief and markets rallied yesterday. If there is less inflation bond yields fall, stocks and gold rally. There was also a big jump in commodity prices despite the fact that the Fed will taper the amount of stimulus. After the […]
Boohoo Group Plc price: BOO is currently under massive bearish pressures
Oct 08 2021 @ 20:37
Boohoo Group Plc shares (LSE:BOO) is currently experiencing major selling pressures. Bears have been attacking the market since May 2021 until this time. There is no end in sight for the current weakness in the market. Towards the send of September, price gapped below the lower Trendlines and trended further southwards. At the same time, […]
See what this “crazy” stock is doing now!
Oct 08 2021 @ 20:21
Polarean Imaging Plc shares (LSE:POLX) are currently in a serious bearish mode. Price was essentially flat from May 2021 to September before the current collapse in the market, which we are currently experiencing. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50, and 200. The color that stands for each […]
Union Jack Oil price: UJO to crash further
Sep 24 2021 @ 16:34
Union Jack Oil Plc shares (LSE:UJO) are currently in a maniacal downtrend. There was a perceived ranging movement in April and May 2012, which ended in the following month of June, as a bearish run sets in. There were desperate bullish attempts in June and July, but further northwards movements were rejected at a recalcitrant […]
What is happening to this stock?
Sep 24 2021 @ 16:22
Following a turbulent bullish effort that lasted from April 2021 to June 2021, Tern Plc stock (LSE:TERN) has completely failed to go upwards. In fact, price has been caught in medium-term upswings and downswings, which leads nowhere in the long run. For short-term traders, the best approach at the present is to sell at resistance […]
Bitcoin Plummets Amid Dip-Buying By El Salvador Government
Sep 24 2021 @ 12:28
Amid the bearish charge witnessed in Bitcoin (BTC) on Monday, El Salvador President Nayib Bukele revealed that the country bought the dip. El Salvador’s Bitcoin Law went into effect on September 7, making it the first sovereign nation to adopt the flagship cryptocurrency as legal tender. President Bukele announced via Twitter that his government acquired an additional […]
