In this report I cover the early market action from London on Monday, January 8th, 2018. I also go over the technical outlook for the gold and bitcoin prices.
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Gold is certainly looking strong, although my feeling is that we will have a correction back down to the 1300 level, making 1300 support rather than resistance, then we will resume a strong upward spike into late January before a more aggressive correction at around the 1380 level.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You could be right.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank You, good post.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@csmaybo You are welcome.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great updating as usual! Can always rely on well founded info on your channel, thanks
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks @nzfxtrader!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Which charting platform do you use?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I use barchart.com, IG index and sometimes investing.com's charts.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I can recommend Tradingview.com - great platform that's used by a lot of traders.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Central Banks and the Fed love debt!
They push it until we all go over the cliff.
The only question is "WHEN"?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Wow, interesting.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
As I leave this comment, crypto market is crashing, like all healthy markets should.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Coinmarketcap changed the way they calculate prices, throwing out the crazy over pumped Korean markets and that caused an apparent crash and that caused a genuine loss of confidence in the market and a price drop. Wish I had some money to buy more.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The markets are correcting ... buyers possibly coming in again
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Quite a run in gold since Dec. 12th or so....what was the catalyst? I wonder what set it off.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit