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Gold analysis

Gold price tested the pivotal support floor 1916.25 and rebounded upwards from there, to keep the bullish trend scenario valid and effective for the upcoming period. It is supported by the current positivity of the Stochastic Indicator, in addition to the EMA50 that carries the price from below, waiting to …

Inflation issue still matters

News of the day, Wednesday, 2 March:

Crude price reached 7-year highs today as supply tightening fears soar among Russia-Ukraine escalation. This morning WTI oil is fluctuating around $110, and Brent barrel is nearly at $111. The market is concerned about strict sanctions imposed on Russia, as it may cause …

Trade idea for Apple Computer Inc. (NASDAQ)

#AAPL

The share is trading between 365 and 135 EMA. The ascendant truncated wave structure is finished breaching the inclined channel. Awesome Oscillator indicates bearish divergence, and moving levels of Stochastic Oscillator have left the overbought area.

Trade idea:

Sell when 161.93 is breached.

Stop-loss — 166.80.

Target levels: 155.00; …

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