US Market Key Charts (S&P, US Dollar, Gold) $E-mini S&P 500 Futures(SEP4)(ESmain.US)$(4 Hour Chart) -[BEARISH ↘ *] S&P moved downwards. We maintain a bearish directional bias as long as prices to hold below 5510 resistance level. We expect prices to push below towards 5400 support level. Technical indicators are leaning towards a bearish scenario as well. Alternatively: A 4 hour candlestick opening above...
$Gold Futures(AUG4)(GCmain.US)$start buying it up Former top three of the US Federal Reserve Dudley changes his stance and supports rate cut in July: the Fed needs to take action now.
US Market Key Charts (S&P, US Dollar, Gold) $E-mini S&P 500 Futures(SEP4)(ESmain.US)$(4 Hour Chart) -[BEARISH ↘ **] We stay bearish on S&P as further weakness is still expected. As long as price is holding below 5630.75 resistance, a further push lower towards 5544.25 support can be expected. Technical indicators are leaning more towards a bearish scenario. Price is holding below 13 period EMA and MACD is turning lower, showing a bui...
We talked about several ways to build your portfolio in the US stock market last Thursday (7/11) in light of the interest rate cuts. This week, we will examine the potential for investing in gold. Gold hits a new high. Since March of this year, gold has been steadily climbing and broke through several key price levels after reaching a historic high on March 6th. Following a period of consolidation between mi...
US Market Key Charts (S&P, US Dollar, Gold) $E-mini S&P 500 Futures(SEP4)(ESmain.US)$(4 Hour Chart) -[NEUTRAL] S&P dropped and broke below support, invalidating bullish scenario. We turn neutral for now, expecting price to consolidate between 5640.00 resistance and 5560.00 support. A candlestick close below 5560.00 support will open a drop towards next support at 5510.00. Technical indicators are mixed for now. Alternatively: A 4 hour candlestick close above 56...
Gold prices have been on an upward trajectory, driven by mounting expectations for Federal Reserve rate cuts and increased bets on Donald Trump's re-election.$Gold Futures(AUG4)(GCmain.US)$briefly surged to nearly $2,490 per ounce this week before retreating slightly to a more volatile pattern. Several financial institutions forecast that gold prices could potentially reach $3,000 per ounce in the future. The market has fully pr...
US Market Key Charts (S&P, US Dollar, Gold) $E-mini S&P 500 Futures(SEP4)(ESmain.US)$(4 Hour Chart) -[BULLISH ↗ *] S&P is currently holding above 5630.50 support. As long as price holds above this support, we can expect a short term intraday bounce towards 5718.75 resistance. Technical indicators are mixed for now. Alternatively: A 4 hour candlestick close below 5630.50 support will open a pullback towards 5585.25 support. $USD(USDindex.FX)$(4 Hour C...
Gold Futures(AUG4) Forum
$E-mini S&P 500 Futures(SEP4)(ESmain.US)$ (4 Hour Chart) -[BEARISH ↘ *] S&P moved downwards. We maintain a bearish directional bias as long as prices to hold below 5510 resistance level. We expect prices to push below towards 5400 support level. Technical indicators are leaning towards a bearish scenario as well.
Alternatively: A 4 hour candlestick opening above...
$E-mini S&P 500 Futures(SEP4)(ESmain.US)$ (4 Hour Chart) -[BEARISH ↘ **] We stay bearish on S&P as further weakness is still expected. As long as price is holding below 5630.75 resistance, a further push lower towards 5544.25 support can be expected. Technical indicators are leaning more towards a bearish scenario. Price is holding below 13 period EMA and MACD is turning lower, showing a bui...
Gold hits a new high.
Since March of this year, gold has been steadily climbing and broke through several key price levels after reaching a historic high on March 6th. Following a period of consolidation between mi...
$E-mini S&P 500 Futures(SEP4)(ESmain.US)$ (4 Hour Chart) -[NEUTRAL] S&P dropped and broke below support, invalidating bullish scenario. We turn neutral for now, expecting price to consolidate between 5640.00 resistance and 5560.00 support. A candlestick close below 5560.00 support will open a drop towards next support at 5510.00. Technical indicators are mixed for now.
Alternatively: A 4 hour candlestick close above 56...
The market has fully pr...
$E-mini S&P 500 Futures(SEP4)(ESmain.US)$ (4 Hour Chart) -[BULLISH ↗ *] S&P is currently holding above 5630.50 support. As long as price holds above this support, we can expect a short term intraday bounce towards 5718.75 resistance. Technical indicators are mixed for now.
Alternatively: A 4 hour candlestick close below 5630.50 support will open a pullback towards 5585.25 support.
$USD(USDindex.FX)$ (4 Hour C...
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