Mining
Bitcoin mining, Chinese Power and the Law of Unsustainable Increase - Part 1
14 Jul 2017 @ 01:10
Bitcoin. Most people have heard the term. Now as common as Starbucks or George Clooney. Bitcoin is at once a system for payments and a digital money. And most Bitcoins are produced using a natural resource which is one of the worst cause of pollution worldwide. The next time you are thinking about investing some […]
Technical Reviews for Gold, Silver and Bitcoin (July 2017)
04 Jul 2017 @ 17:24
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 […]
Amur Minerals could soon break out northwards
22 Jun 2017 @ 13:50
Amur Minerals stock (LSE:AMC) is currently flat, forming a tight base that has been seen since April this year. The market trended downwards in February and March, prior to the current flat movement. The ADX period 14 is between the levels 20 and 30, while showing that there could be some considerable momentum in the […]
BMR Group to continue losing
08 Jun 2017 @ 08:39
BMR stock (LSE:BMR) is a bearish, losing market and this is what could continue. The market was bullish until February 2017, when things started coming down. The current bearish movement has been in place for more than 3 months, and this just seems to be the beginning. The EMA 21 is sloping downwards as price […]
Technical Reviews for Gold, Silver and Bitcoin (June 2017)
02 Jun 2017 @ 16:17
GOLD (XAUUSD) Dominant Bias: Bullish Gold began the current bullish movement on May 9, 2017 forming a bullish bias on the market. Price is currently above the support level at 1270.00, going towards the resistance level at 1280.00. Before May 9, 2017, there was a severe selling pressure in the market, but that May loss […]
Stay away from Xtract Resources!
25 May 2017 @ 06:36
Xtract resources stock (LSE:XTR) is a no-go area for those who invest logically. The price has just been going sideways for the past several month, and that has formed an extremely tight base. Although the ADX period 14 is above the level 80 (strong momentum), while the DM+ is above the DM- (bullish signal), the […]
Go short on Jubilee Platinum!
11 May 2017 @ 11:40
Jubilee Platinum shares (LSE:JLP) is now a bear market. The current weakness started in Mach 2017, following a bullish January and February. In the daily chart, the ADX period 14 is at the level 20, showing that while there is no momentum in the market at the present, it is expected to rise any moment […]
Premier African Minerals – An Equilibrium Market
06 May 2017 @ 11:51
Premier African stock (LSE:PREM) is currently in a tight equilibrium phase. Price would soon go out of balance as momentum rises in the market; and this is something that may eventually favor bulls. 4 EMAs are used for the analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each […]
Technical Forecasts for CFDs (May 2017)
04 May 2017 @ 08:08
AUS200 Dominant bias: Bullish This market is bullish as well as volatile. Price swung wildly upwards and downward in April, and it has started pulling back again this week (all in the context of a bullish bias). This month, the volatility would continue as price continues its wild upswings and downswing, while the general movement […]
Technical Reviews for Gold, Silver and Bitcoin (May 2017)
03 May 2017 @ 08:44
GOLD (XAUUSD) Dominant Bias: Bullish Gold is bullish in the long-term and bearish in the short-term. Price went upwards from April 3 to 17, and then began to be corrected lower. The lower correction has not been significant enough to override the recent bullish bias on the market. However, several more days of bearish movement […]
