Gold gave a 200 pip breakout move from my w/e Flag pattern but, as already mentioned, I’m on the lookout for a pullback to test the key $1,200 level. I’m watching the 30 min charts for any new TC SHORT signal to support a possible move. The US$ index is trying to bounce up from […]

I’m multi-tasking here today with a bit of beach, pool, charting and now also the tennis (Australian Open). Keep an eye on Silver, as well as Gold, as Silver looks to be consolidating ahead of its next move. The same drill applies: watch trend lines for any momentum-based breakout.

I’m home avoiding the heat today as temperatures are forecast to drift up to 40 degrees Celsius; that’s circa 104 in Fahrenheit terms. It’s the beach in the am and pm and charts and pool by the day. My latest scan of the Aussie XAO revealed a few new stocks which I’m keeping an eye on […]

Many stock indices are looking quite bullish at the moment and a few are in the process of breaking up through major resistance levels. This is how I am seeing them and, also, a couple of commodities and a few different stocks.

Last week’s suggestion to watch for any Flag breakout on Gold led to a potential 300 pips. The precious metal is looking bullish as the US$ stalls and this is what I’m watching for this week.