Dollar: Weekly Forecast 13th – 17th April 2020
The dollar completed 2 minor bullish waves and started to fall last week. Looking at the bigger picture, the dollar actually started to fall again from the top of the near 2-year rising channel. T
Gold: Weekly Forecast 6th – 10th April 2020
The gold fell on the 2nd trading day last week as it broke below the bottom of a minor range between 1640 and 1590. However, a strong pullback occurred at 1560 which eventually send the price back to where it started at the end of the week.
Gold: Weekly Forecast 30th March – 3rd April 2020
Can the gold price continue to climb? Is the price too high and unattractive to investors OR perhaps it's another good opportunity to liquidate gold for cash in the face of another probable market crash?
Gold: Weekly Forecast 23rd – 27th March 2020
The gold continued to plunge first since it broke below the bottom of a 10-month rising channel. It quickly found support and pulled back strongly just above 1450 and a 7-month demand zone. T
Dollar: Weekly Forecast 23rd – 27th March 2020
"Not until the dollar breaks above 100, we will keep a bearish stance" was what I've mentioned in the previous forecast. Apparently, once it broke 100 psychological level, the price surged all the way to 103.8, deep into a 3-year supply zone.
Dollar: Weekly Forecast 17th – 21st February 2020
The dollar rose for the 2nd consecutive week and reached a 4-month supply zone. Fed Chairman Powell was hawkish in his last testimony and inflation rate hit a 15-month high.