Tag Archives: Share Trading

Recent changes in sentiment warn that the current Spot Gold price trend may soon reverse higher despite the fact traders remain net-long.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBPUSD-bearish contrarian trading bias.

The Nikkei 225 has recovered quite well from the new 2018 lows printed this week, but it remains pressured and the usual year-end market caveats certainly apply

EUR/GBP prices are on the verge of the best weekly winning streak in 2018 and since May 2017, the pair appears to be entering consolidation after a descent through a trend line failed.

Dialing back to the longer-term charts, several major markets have interesting technical backdrops which could lead to big moves in the weeks and months ahead.

Recent changes in sentiment warn that the current Bitcoin price trend may soon reverse higher despite the fact traders remain net-long.