SILVER

April Review Only – “Silver had a March meltdown, reaching the lowest low, since January 2009. Following a good rebound, the market is now trading sideways. Key Dates – 4/2, 4/8, 4/23, 4/30”

Results – 4/2 was very close in price and one day past the low of the month. 4/8 was a good pullback low. 4/23 was a good high. 4/30 was a very good high. Score – 4 out of 4 good dates = 100%.

GOLD

April Review – “During March, Gold made its high of the month near the 3/9 Full Moon at Perigee, then plunged more than $200, into a mid-month low. From that low, Gold rallied to near its mid-month high, for a wild roller coaster ride. Key Dates – 4/8, 4/23”

Results – 4/8 was a good pullback low. 4/23 was a good high. Score – 2 out of 2 good dates = 100%.

May Update – The Gold chart looks like Gold is coming to an inflexion point or apex for a wedge or triangle pattern. Whichever way it breaks out, it should be soon, and should generate a substantial move.

Key Dates – 5/5, 5/7, 5/11, 5/22

This is an excerpt from the Astro Trend newsletter. Astro-Trend covers about thirty futures related markets including the major Financial Markets, such as the Stock Market, T-Bonds, Currencies, and most major commodities. We also offer intra day data which identifies potential change in trend points to the minute.

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Feed news

Latest Forex Analysis


Latest Forex Analysis

Editors’ Picks

EUR/USD: Recovery remains elusive below 1.1390

EUR/USD seesaws after rising the most in two weeks. EUR/USD grinds higher around the weekly top following the biggest daily jump in a fortnight, taking rounds to 1.1350-40 during the early Asian session on Thursday.

EUR/USD News

GBP/USD stays depressed around 1.3200, coronavirus, Brexit jitters poke yearly low

GBP/USD fades corrective pullback from 2021 bottom, down for third consecutive day. GBP/USD hovers around 1.3200 following a failed attempt to bounce off the 2021 bottom, marked the previous day, during the initial Asian session on Thursday.

GBP/USD News

Gold struggles around $1,785 as sentiment sours

Gold picks up bids to $1,785, consolidating early Asian losses during Thursday.  The bright metal initially dropped on firmer US Treasury yields while the latest rebound lacks major positives and hence seems tepid, waiting for more clues to convince bears.

Gold News

Chainlink hits market bottom as LINK target key resistance level at $26

Chainlink price was not immune to the selling pressure over the weekend. Chainlink was already down 39% from its most recent swing high in November, but it extended that loss to 50% on Saturday. LINK has, since then, recovered all of the weekend losses.

Read more

Cyber Monday 2021 Discounts!

Glued to your trading screen on Cyber Monday? Upgrade your skills by signing up for FXStreet’s Premium service, offered at a discount of up to 50%. Fellow traders have already taken advantage of Black Friday profits. What about you? 

Subscribe now!

Majors

Cryptocurrencies

Signatures