April 20, 2020

Market Update – April 20

Gold reversed from massive resistance last week (long term parallel is shown on the weekly chart below). I am bearish…at least near term. If the decline from last week’s high unfolds in 5 waves, then I’d be confidently bearish against the high and look to short a rally. For now, just know that levels to watch are 1672.50 for support (keep in mind that this is futures and not spot) and 1724.20 for resistance.
March 20, 2020

What Trading Experts Say About COVID-19 and the Market Opportunities

Scandinavian Capital Markets asked a panel of trading experts the following questions: Can you share your outlook on the market for the coming months and where you would look for opportunities?
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