Oct 10 2020 @ 23:46
THE TECHNICAL ANALYST HAS BECOME AN ENDANGERED SPECIES According to Investopedia.com, technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analysing statistical trends gathered from trading activity, such as price movement and volume. Unlike fundamental analysts, who attempt to evaluate a security’s intrinsic value, technical...
Oct 09 2020 @ 07:41
XAGUSD Price Analysis – October 9 Silver (XAGUSD) price prints a $24.04 intraday high level with 0.50% gains during Monday’s session. Buyers may re-attempt the prior week’s high at $24.40 level for new entries. Traders also resumed accumulating Silver on price correction as safe-haven demand reemerged amidst the second wave of coronavirus outbreak in Europe, […]
Sep 02 2020 @ 19:35
XAGUSD Price Analysis – September 2 Silver price increases past the $28.15 hurdle, up 0.45 percent on a day, during Wednesday’s session. The white metal leaps forward to the sixth month of gains also since it swung off in April. While the recent weakening risk-tone bias might contest the initial trajectories of the bullion, wide […]
Aug 13 2020 @ 02:21
RISK CONTROL TECHNIQUES IN TRADING Risk is ever present in trading, just as it is in other areas of life. The good news is that the risk inherent in trading can be controlled effectively, thus enabling you to be permanently triumphant. No-one on earth can trade repeatedly without any loss, no matter the trading strategy adopted. […]
Aug 01 2020 @ 06:51
Trading is a highly competitive human endeavor, but it is also highly rewarding. The financial markets can adeptly be compared to a battlefield; therefore a trading room can be likened to “a war room,” where you engage the markets. Victorious soldiers of the financial markets are those who make average gains that are bigger than […]
Jun 11 2020 @ 07:02
XAGUSD Price Analysis – June 10 SILVER finished at $17.53 on Tuesday and lost $22.0 (-1.22 percent). That being said, in today’s session, Silver (XAG) is growing as anticipated while buyers are about to challenge upside barriers at the $17.90/$18.00 level. As the market is steaming up and trading high back to the days before. […]
May 21 2020 @ 10:48
The extraordinary 12-month gold-price bull run shows no sign of ending. Despite predictions of a bubble set to burst, the yellow metal has risen by 36% during the past 12 months. There was a slight slip this morning as the price lost 1.23% in early trading to stand at $1,735.25 an ounce. But the pattern of recent […]
Sep 11 2019 @ 03:20
The gold silver ratio is paused at a level of resistance for a potential pairs trade, whilst the underlying markets also test pivotal levels. We can see on the daily chart that momentum has remained mostly bearish since the July high, although prices have retested a prior level of support. A spinning top doji formed […]
Sep 09 2019 @ 04:38
Weekly COT Report: Bullish Exposure Hits A 5-Week High As of Tuesday 3rd September: Traders increased net-long exposure to USD by +$2.6 billion, which make them the most bullish on USD in 5 weeks at $13.1 billion (or $16.2 billion against G10 currencies) Traders of the US dollar index (DXY) were their most bullish in 6-months […]
Sep 03 2019 @ 03:36
The gold/silver ratio has rolled over once more. Whilst we can see it headed for the mid-70’s, a few technical indications point towards a pause first. In percentage terms, we had suggested it could reach the mid 70’s if we’re to see a similar retracement to the one seen in 2016, and momentum during this decline […]