Gold 30 min: watching for any test of $1,200

Gold gave a 200 pip breakout move from my w/e Flag pattern but, as already mentioned, I’m on the lookout for a pullback to test the key $1,200 level. I’m watching the 30 min ch …
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Keep an eye on Silver too!

I’m multi-tasking here today with a bit of beach, pool, charting and now also the tennis (Australian Open). Keep an eye on Silver, as well as Gold, as Silver looks to be consolid …
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XAO Stock Scan for 17/01/17

I’m home avoiding the heat today as temperatures are forecast to drift up to 40 degrees Celsius; that’s circa 104 in Fahrenheit terms. It’s the beach in the am and pm and ch …
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Forex: Trump Triangles?

The drop with the GBP following w/e Brexit comments was the main focus for Monday but the move of Gold above $1,200 should be noted as well. Otherwise, though, it was pretty quiet …
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FX shifting back to ‘risk on’?

This week: I’m watching to see how the US$ moves from here as any further weakness could trigger FX Index alignment for some classic-style ‘risk on‘. This would tie in with s …
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Stock indices: looking bullish for now

Many stock indices are looking quite bullish at the moment and a few are in the process of breaking up through major resistance levels. This is how I am seeing them and, also, a c …
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Gold rallies and $1,200 in focus

Last week’s suggestion to watch for any Flag breakout on Gold led to a potential 300 pips. The precious metal is looking bullish as the US$ stalls and this is what I’m watching …
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US$: doin’ a Trump trudge?

The US$ closed lower for the week but is still holding above a recent support trend line and has yet to break the upward pattern of higher Highs and higher Lows. This trudge-like b …
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Stalked trend line b/o trades deliver 1,200 pips

Momentum-based trend line breakout trades taken from six charts posted within my blog have this week delivered up to 1,200 pips for those lucky enough to be able to catch them. Tw …
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Breakout trades tally now 570 pips for the week

Three trades highlighted in my w/e post as ones to watch for potential technical breakout trades have rallied on to yield 570 pips. The EURUSD breakout failed but, overall, that ta …
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