Adsense

Tuesday, July 4, 2017

Technical Reviews for Gold, Silver and Bitcoin (July 2017)


GOLD (XAUUSD)
Dominant Bias: Bearish
Gold has turned bearish, owing to the protracted bearish movement that occurred in June. Price reached a high of 1295.87 on June 6, and then began to drop until the end of the month, losing 5400 pips in the process. This month has also opened on a strong bearish note as price goes further southwards, losing another 2000 pips this month. In this market, any rallies should be transient, offering opportunities to sell short at better prices, for price is expected to continue going southwards, losing at least, additional 3000 pips this month.



SILVER (XAGUSD)
Dominant Bias: Bearish
Silver has gone downwards perpetually since June, and it has also gone downwards so far this month. Price reached the top of 17.7463 in June, and then began to trend downwards. Since June 6, the downwards movement has been in place until now, and price still shows a possibility continual weakness (a huge Bearish Confirmation Pattern has been formed in the market). This month, the downwards movement would enable price to reach the demand levels at 16.0000, 15.7500 and 15.5000 before the end of the month.

BITCOIN (BTCUSD)
Dominant Bias: Bullish
The market is bullish in the long-term and bearish in the short-term. The recent bullish movement ended on June 11, and the bearish movement started on June 12. Bitcoin is rather a volatile market, and the volatility is expected to continue as the bear fights to push price further south. A movement below the accumulation territory at 2100.00 would result in a bearish outlook, while a movement above the distribution territory at 2900.00 would reinforce the recent bullish outlook on the market. Either the aforementioned accumulation territory or the distribution territory would be breached before the end of this month.     





Buy and sell Perfect Money/Payeer/Epay; get funded quickly: www.ituglobalfx.com.ng


Start your journey to permanent success: http://www.tallinex.com/open-account?i=128521 


9 comments:

  1. EARN FREE satoshis over at Moon Bitcoin. 514 satoshis per day.

    ReplyDelete
  2. Smart multi-currency mining application & 1-click graphic miner.

    Start mining effectively with your computer or smartphone.

    Generate the most profit auto-mining coins with the highest returns.

    Download MINERGATE.

    ReplyDelete
  3. YoBit allows you to claim FREE CRYPTO-COINS from over 100 unique crypto-currencies, you complete a captcha one time and claim as many as coins you want from the available offers.

    After you make about 20-30 claims, you complete the captcha and resume claiming.

    You can press claim as much as 50 times per one captcha.

    The coins will stored in your account, and you can exchange them to Bitcoins or any other currency you want.

    ReplyDelete
  4. Are you tired of searching for bitcoin faucets?
    Double your claiming speed with this amazing BTC FAUCET ROTATOR.

    ReplyDelete
  5. eToro is the ultimate forex broker for newbie and pro traders.

    ReplyDelete
  6. BitKong is a verifiably fair online bitcoin guessing game.

    TIP: Claim free bitcoins every 10 minutes from the free faucet.

    ReplyDelete
  7. Did you think about trading with the most recommended Bitcoin exchange service - YoBit.

    ReplyDelete
  8. If you are looking to BUY bitcoins online, PAXFUL is the #1 source for bitcoins as it allows buying bitcoins by 100's of different payment methods, such as MoneyGram, Western Union, PayPal, Credit Cards and even exchanging your gift cards for bitcoins.

    ReplyDelete
  9. QUANTUM BINARY SIGNALS

    Professional trading signals delivered to your mobile phone daily.

    Follow our signals right now and gain up to 270% a day.

    ReplyDelete

The default minimum deposit amounts are: $100 for Micro accounts, $500 for Pro-Managed accounts, and $2,000 for Pro accounts However, an optional "suggested deposit amount" parameter may be used.