The Daily chart shows signs of a rollover. Gaussian channel, candlestick, and Fibonacci analysis on the Daily chart. There is a potential Marg Simpson pattern on the 4-Hourly chart. Medium Term Outlook The Equity markets have enjoyed a rebound spurred on by the fall in the price of the Dollar. The three main aspects to Read More…
Who Is He & Why He Chose OneUp Trader Jipson is a veteran trader from Wisconsin who completed the $50,000 Evaluation this year. He believes OneUp Trader offers the best deals in the industry, with a one-step evaluation, a flexible daily loss limit, and less restrictive maximum drawdown parameters. Jipson loves the 24/7 customer support Read More…
Gold prices trading the major support zone on the monthly chart Potential bullish targets. RSI showing overbought in the short run. Bull flags and the Gaussian channel on the hourly chart. Monthly View We did a piece a few months ago on the multi-year support zone in Gold between $1,674.1 and $1715.5 here. The Gold Read More…
Better-than-expected CPI report shows inflation may have peaked. A Double Bottom pattern forms on the Daily chart. Bull, Bear, and Crab trade scenarios. The CPI Report The November Consumer Price Index (CPI) Report released on Thursday shows that inflation may have peaked. Prices increased 0.4% month-on-month, and prices less food and energy rose 0.3%. These were low Read More…
Who Is He & Why He Chose OneUp Trader Zachary B is a futures trader from Texas who completed the $50,000 Evaluation in October of this year. He chose the 50K Evaluation because the contract sizing suited his trading style, and the low $150 monthly subscription appealed to him. Zachary chose OneUp Trader because of Read More…
Bearish target of $1,622 has been hit. Gold consolidating within a tight zone. Fundamentals playing a big role in the Gold price. Bears Target Hit In the October 28th article, we mentioned the potential for Gold to drop to the support zone at $1,622. As we suspected, the gold price has done just that and Read More…
