Gold remains sensitive to the US dollar, Treasury yields and interest-rate expectations. Softer yields or renewed USD weakness could support the bullish structure, while stronger US data may trigger a temporary correction. Technical View On the H2 chart, XAUUSD has broken above the descending trendline and confirmed a bullish CHOCH around 4,080. The strong displacement…
Context: The prior 5-wave decline from wave (1) to wave (5) (LOW ~3,940–3,960) has completed, with price now breaking out of the descending channel to the upside — confirming the bearish impulse is likely finished.Price is currently rallying into the 4,180–4,200 resistance zone, which lines up with the previous supply area and top of the…
Forget Trojan Horses. The Odyssey is bringing out the apes. Retail investors in cinema chain AMC [NYSE:AMC], who call themselves apes, are piling back into the stock after the strong opening of Christopher Nolan’s latest film. Options on the stock surged Monday, with over 300,000 contracts traded, CNBC reports. Share volume trading was nearly 4.5…
AAPL Is Stuck in the Box — Reclaim or Breakdown? AAPL is sitting right inside my PD-15 box this morning, and this is exactly where impatient traders get chopped up. In this breakdown I walk through the levels, the plan for both sides, and the one rule that keeps me out of the chop: wait…
Gold is still showing a strong short-term bullish structure. After building a clear recovery from the 4,000 area, price pushed higher and is now trading around 4,125 – 4,130. But the chart is now reaching an important resistance zone. This is where many traders usually get emotional. The move looks strong. The candles look bullish….
Bitcoin has returned to one of the most important long term valuation regions on the chart. The shaded structure represents the historical macro support band that has repeatedly separated late stage weakness from long term accumulation. Bitcoin has tested this region during every major cycle reset since 2011. The pattern is consistent. After a major…
This article was originally published on ETFTrends.com. According to Bankrate’s Mortgage Rates, the national average for a 30-year fixed mortgage is 6.61%. That’s uncomfortably high and a major headwind to many prospective homebuyers, particularly those in the first-time category. But it’s not all bad news in the mortgage market. Confirming opportunity abounds for fixed income…
July 22 (Reuters) – Repligen Corp said on Wednesday it would buy BioLife Solutions in a cash-and-stock deal valued at about $1.5 billion, to expand the drugmaking equipment provider’s presence in the fast-growing cell therapy market. The acquisition gives Repligen access to BioLife’s technology to preserve cells throughout the manufacturing process and the supply chain,…
This article was originally published on ETFTrends.com. Each year, as headlines tout inflation or red hot returns, investors revisit their favorite value stocks. Value is rarely as flashy as growth, and in a moment defined by AI, value has trailed lots of tech and growth strategies. In response, many investors want to wait for the…
Hey gang, Nate here. Three stocks caught my eye this week. All three are sitting right at all-time highs. They have the exact bullish setup I look for. And believe it or not, all three of them got downgraded the same day. Give me a break. You don’t downgrade a chart that looks like this….
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