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  1. Dow Jones: Bullish Breakout

    by , 06-08-2018 at 09:56 AM
    Dow Jones Bullish Breakout Continues to Fresh Two-Month Highs

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    US stocks continue to show strength after the February pullback helped to build-in congestion formations across a number of indices. In the Dow, we looked at a bullish setup on Tuesday of this week, and prices have promptly took out both topside targets as buyers have continued to drive. This led to a bullish break of the symmetrical wedge formation that we've been following; ...
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  2. Gold Prices Continue Sideways Price Action

    by , 12-05-2017 at 01:49 PM
    Coming into the year, Gold prices were dropping like a rock. This was on the back of the surge being seen in the U.S. Dollar as the ‘Trump Trade’ got further priced-through capital markets. But as that Dollar strength viciously turned into aggressive weakness in the first quarter of the year, Gold prices began to lift-higher. This lasted all the way into June, where a double top around the $1,296 level finally initiated some element of resistance. This is a level that remains resistant, as we saw ...