Early Market Update and a Technical Look at the Gold Price.

in #markets6 years ago

In this report I cover the early market action from London on Thursday, January 11th, 2018. I also look at the technical picture for the precious metals sector.

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Nothing ever goes to the moon but guess the chart:

DJI - so where to next??

@unclehermit I have a hundred year trend line resistance on the log chart coming at around 28k.

Should make an interesting post for your next video I would think. Given the current momentum 28K isn't very far away.

Great :)

Your upvote is highly appreciate! Thank you 🙏

Cryptocurrency works in a similar way as stocks do, up and down, so people who think it will go constantly to the moon are dreamers.
Gold chart looking good, with the bonds going down there is finally some potential!

@blue-pen100 S & P 500, though, has not had a 5% correction for 384 trading days! The average amount of days is 92 since 1929.

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