Here’s part two to some investment ideas on what should you trade and what you should invest. In a nutshell, many books have been written about investments and trading. It can be confusing and scary at first, when you’re new. I’ve walked that path before, and it still does make me nervous. But it can … Continue reading
Gold has resumed it’s sideways trading (short term) within the downtrend channel (highlighted in blue) (medium term) from what was an anticipated formation of the right should of an inverted H&S pattern. Recovery for the precious metal is still undecided as the markets consolidate in reaction to the US and Europe recovery. My personal view … Continue reading
Gold has entered the range of 1,179.02 – 1,386.52. Looks like the commodity is consolidating in this range. This price level was last seen in 2010 and recently in 2013.
Quick update for the Monday morning 1) After DJI shed some -300+ points on Friday night last week, expected a gap down in the STI. This turned out to be true. The correction I have been anticipating is finally here. Global markets gapped down as well 2) Selling to continue as more traders will bite … Continue reading