Posts

Chart of the Day – Silver XAGUSD- (September 4th 2019)

The Silver market has exploded higher reaching what may be called a “Fever Pitch” as the DSI (daily sentiment index) is at extreme readings and RSI is extremely overbought.

Chart of the Day – EURUSD- (September 3rd 2019)

The EURUSD found support ahead of the 161% extension of the May lows to June highs near the 1.0920 level.

Chart of the Day – Silver – (August 29th 2019)

Silver posted today an outside spinning top after a relentless 3 month rally higher.

Chart of the Day – Gold / Silver Ratio – (August 28th 2019)

The Gold silver ratio reversed lower last month from an almost all time record high (above 93).

Chart of the Day – GBPUSD – (August 22nd 2019)

The GBPUSD (Cable) has broken above the neckline of an inverted H&S formation on the 4h chart, following the positive statements form Merkel regarding a Brexit deal.

Chart of the Day – Bitcoin BTCUSD – (August 21st 2019)

Bitcoin has spent the summer consolidating in what is apparently a triangle. However, the last two weeks we have been skirting along triangle support at 9700.