Swing Trading
Gold Looking Bearish
With last weeks bullish performance of the US Dollar against the Euro, we have now seen a fall in the value of Gold. The performance of the USD has an inverse effect on the value of Gold.
Looking at the Technicals
The daily chart shows the head and shoulders pattern for GDX. The blue line indicates the [...]
EUR-USD Divergence False Signal
The past two weeks saw the greenback making steady gains against the Euro. This pattern came to an end this week and can be seen to be a correction rather than a reversal in the trend.
EUR-USD Daily Chart
On the daily chart we can see the two week correction marked with the green line, and the [...]
