After the silver exchange rate broke the triangle, we expected an increase and we were right. The gold with which silver is moving in one direction lagged a bit behind stopping on the border of the downward channel, but several attempts to raise the price already indicated a possible exitContinue Reading
Welcome to the new year. As you may have noticed, entries do not appear on holidays. Basically, the content is supplemented all the time, but not market news, etc. I hope that the holidays went on peacefully and that the new year started with an enthusiasm and optimistic outlook onContinue Reading
On the one hand, gold is still moving in the downward channel, but recently we can see the beginning of a possible new trend. In the situation of the end of the year, contract closings and general uncertainty of investors, it should be approached with caution, but it is worthContinue Reading
The title basically says it all. Contrary to gold, which is still in the downtrend, silver broke the triangle line two weeks ago and continues its upward trend. Even though the price is at the level of a strong resistance zone, we can assume further increases. The situation would improveContinue Reading
We are the first trading day after Christmas where the markets are back in operation. In fact, not every country has returned to trading today, but the Asian session on some instruments showed that this year may still surprise many investors. Personally, I do not expect a repeat from lastContinue Reading
Probably everyone expected that gold, as in the last year, will only grow. Nobody even considered that this year the price might keep the downward channel. However, the market is verifying and we have what is visible. If the rate maintains, the assumptions from 2 weeks ago are still inContinue Reading
Monday probably surprised many people. The surprise appears even though we knew earlier that there would be restrictions before Christmas. We knew that the bans in various countries would be stricter and the markets would react to it. So the UK, despite vaccination, will introduce greater restrictions because a newContinue Reading
Currently, we can see where gold has stopped. Initially, we assume a reflection from the designated level, but keeping the finger on the trigger. In the current situation, it is possible to both break the rate to support around 1847 and break the channel up. However, from the previous experienceContinue Reading
We can see that yesterday was largely fulfilling the plan we presented on Wednesday. Currently, silver has stopped at a resistance, which may cause a slight correction, but we will certainly be able to say it only after the start of the European session. The plan presented earlier is stillContinue Reading
A few images from Monday morning. Last week surprised us a lot due to the volatility much higher than at the beginning of the week. EURUSD H1 retest to the channel line and rebound, giving a positive impulse to the direction Petroleum OIL. On Wednesday, expected macroeconomic data with littleContinue Reading
