DanieleTrader

Technical Analysis Dear followers and copiers, nearly two months have past from my last Gold updated version of my technical analysis, I think it is time to take a new look at the charts and technical indicators to analyze what's happening to the gold prices and try to find out how to trade it. In the entry of the beginning of April I offered a short analysis of the Long Term View of what happened in the gold during the last years and gave some analysis of what to expect from the Gold Spot prices depending on how the market of this commodity moved. It seems that most of what i wrote in that post is still valid for the long  and medium terms. Here you can read it Gold Analysis (5 April) Medium Term View During the last two years, after the temporary bottom printed from the Gold Spot prices around mid August 2018 at around 1600$, the market value of this commodity began to rise within a rising channel delimited from the two ascending violet lines drew

April's month back to profit. Dear Copier and Followers, After the last week of February and the first two weeks of March, our portfolio rich on very volatile titles fell to what I believe is our Portfolio's bottom and started to recover. We completed the month of April with a profit slightly above 14%, the lose from the beginning of the year is about 41%. Figure 1 shows the structure of the Portfolio that will begin the trading month of May. Figure 1: PortFolio composition The stocks composition is still quit low since I believe the run up was a bit too fast and the market will need some time to consolidate and digest the gains. If you want to read more of my opinion on this subject you can read my recent entry on the Nasdaq here: Nasdaq analysis (24.04.2020). There is a new entry on our PortFolio which is the currencies, I normally don't trade currency pairs but due the very special situation we are observing I was compelled to begin trading the pair