Best performer YTD, gold is still in a year – year down trend and captured by a downward equidistant channel. Resistance from 1300 – 1330 and support from 1180 – 1210.
Straits Times Index is showing a high level of similarity in price action and timing to last 2 major crises. Soh Tiong Hum shares his observations.
04 October 2013 infamous day for Singapore stock market as 3 companies wipe off S$5.1 billion. Any technical analysis lessons we can learn?
Straits Times Index bearish picture unfolding with multiple omens The first bearish signal in the Singapore Straits Times Index appeared at the end of May as a pin bar at a crucial big-picture 76.4 percent retracement fib ratio. The combination of pin bar and fibonacci
EURGBP shows flag-like continuation pattern on Monthly Chart Flag or pennant-like chart patterns are trend continuation patterns. They consists of two key features: a ‘flagpole’ and a ‘flag’ or ‘pennant’. The flagpole represents the initial impulse and the flag represents a consolidation / retracement movement.
Follow Gold price action as we look at its weekly performance, market sentiment. Also I propose 1 red line that may explain gold movement.
Gold market sentiment now is better than we can see in the past 4 months. It is too early to call gold bottom but signs bulls in control.