Technische Analyse
TECHNICAL ANALYSIS BY NSFX 18.01.2016
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With respect to the target this year for Gold, the market is directionally off on the right foot through these first two trading weeks of 2016. The prices crashed from 1108.00 to 1071.00 last week.
TECHNICAL ANALYSIS BY NSFX 18.01.2016
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We see possible bearish price movement towards the support 115.40. Technical indicators present strong bearish slopes well below their mid-lines, while the 100 and 200 MA have accelerated their declines far above the current level.
TECHNICAL ANALYSIS BY NSFX 18.01.2016
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Oil has broken the triangle of wave and might will retest the triangle and go down again. That is a very negative sign and now we have to believe that the sellers are going to be even more aggressive at this point.