Is gold predictable now, at all? Let's consider some facts and observations.
AUD/USD: confirmed 'Triple Bottom'
Information is not investment advice
There's a 'Triple Bottom', which has been confirmed. Also, we've got a 'V-Bottom', so the market is likely going to reach the previously tested resistance at 0.7205. If a pullback from this level happens little later on, there'll be an opportunity to have a decline in the direction of the nearest support at 0.7115.
Gold has been losing value lately. But recently, it is back up. Is it a good time to buy?
S&P falling this much, this stock falling that much... Not all the stocks are like this! Some of them keep standing and defying the virus damage.
These days the US dollar has a lock on everyone’s attention. However, there are some interesting cross-currency movements that you can gain from.
USD/JPY has declined from 111.70 and went into consolidation around 107.50.
S&P was looking upwards just a day ago. Something changed?