Is gold predictable now, at all? Let's consider some facts and observations.
USD/CHF: 55 Moving Average acted as support
Information is not investment advice
The 55 Moving Average has acted as support, so there's a 'V-Bottom' pattern, which pushed the price higher. The next bullish target is the previously tested resistance at 1.0217 - 1.0235. If any bearish pattern forms thereafter, there'll be a moment to have a downward correction towards the nearest support at 1.0190 - 1.0169.
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.
Will there be lower bottom with S&P or not? Let's analyze together.
How does the GBP/USD look like?
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.