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Commodities | Indices Blog - Forexmospherians.com

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Technical Analysis | GOLD MONTHLY

1497508?profile=RESIZE_1024x1024Chart 5-1-2016 Gold Monthly Time Frame. Gold is seen as an over all up Trend but more recently Gold sellers have taken control of the negative market sentiment, found on Dovish counter from the last top. Gold is now stalling the bear counter and finding more support, this is identified through the price action breaking through the Resistance of a sloping…

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DXY futures

  • 1495282?profile=RESIZE_1024x10241495304?profile=RESIZE_320x320 DAXY Futures rallied on Tuesday, breaking above 81.760 (resistance turned into support), the upper boundary of the sideways path it’s been trading in recently. In my view, the move above that hurdle signals the continuation of the uptrend, marked by the blue upside support line. Today, during the European morning, the price halted…
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