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by in Gold Technical Analysis, Technical Analysis

XAG/USD: BULL MARKET IN SIGHT…

LONG TERM: The upwards break of 19.50$ opened the way for the metal to enter into a bull trend.As long as the metal keeps the support of 19.50$ the mid term targets are: 26.00$ (accomplished)/36.00$/53.00$.SHORT TERM: As correctly described in last analysis:’We can now (18.95$) retry going long aiming 20.40$.Stop loss at 17.70$”.Target accomplished,profits of […]

by in Forex Technical Analysis, Technical Analysis

EUR/USD: CHANGE OF TREND IN SIGHT ?

LONG TERM: After a 12 year retreat period,the pair seems ready for a creation of a new trend.After a correction period,the pair will possibly break upwards the long term trend line of 1.2050,aiming then 1.2550 and 1.3000.The pandemic, and the endless money print from the FED created inflationary pressures and dollar rate increase,therefore strengthening of […]

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