The Gold Update: Gold's June Swoon
Per last week's piece, you know that gold settled the month of May at 1904. We next see it settling this month of June nearer to 1800."Well that's a pretty loosey-goosey statement...
Symbol | Exchange | Currency |
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Per last week's piece, you know that gold settled the month of May at 1904. We next see it settling this month of June nearer to 1800."Well that's a pretty loosey-goosey statement...
VIX made its reversal yesterday morning in the “nick of time.” It has broken out of its hourly descending diagonal, but closed just below the trendline in the daily chart. There...
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Strong Buy | Buy | Buy | Neutral | Neutral |
| Technical Indicators | Strong Buy | Neutral | Buy | Strong Buy | Strong Sell |
| Summary | Strong Buy | Neutral | Buy | Buy | Sell |
Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
|---|---|---|---|---|---|
| Emerging Patterns | |||||
| Engulfing Bearish | 1H | Current | |||
| Engulfing Bearish | 30 | Current | |||
| Engulfing Bearish | 15 | Current | |||
| Harami Bullish | 1M | Current | |||
| Inverted Hammer | 5H | Current | |||
| Belt Hold Bearish | 1H | Current | |||
| Belt Hold Bearish | 30 | Current | |||
| Belt Hold Bearish | 15 | Current | |||
| Completed Patterns | |||||
| Three Outside Down Bearish | 1M | 9 | Aug 21 | ||
| Engulfing Bearish | 1M | 10 | Jul 21 | ||
| Engulfing Bearish | 1W | 14 | Feb 13, 2022 | ||
Federal Reserve(FED) | ||
| Current Rate | 1.00% | |
| Chairman | Jerome H. Powell |
Bank of Zambia(BOZ) | ||
| Current Rate | 9.00% | |
| Chairman | Dr. Michael M. Gondwe |