Gold confirmed long term bullish trend and now what ?
Gold (XAU) confirmed the weekly bullish trend with a close last week above 2075. Long term new swing low is now 1615. Is it time for the big rallye or shall we see a consolidation from here ? Source : Bloomberg
Apple in the support zone
Apple (AAPL US) has now reached the support zone 165.67-171, after a 15% consolidation since December. Do you think support will hold ? Source : Bloomberg
Taiwan Semiconductor Manufacturing breakout ?
Taiwan Semiconductor Manufacturing (TSM US) is approaching 142.195 resistance. Last time it reached this level it was in January 2022 creating a double top and sending the stock down 58% in only 9 months !!! Is this time different ? Keep an eye on this key level. Source : Bloomberg.
Gold (XAU) is trying to break resistance
Gold (XAU) is breaking resistance 2062. This would end December consolidation. Keep an eye at the closing price. Source : Bloomberg
Crude Oil WTI trying to break key level
Crude Oil is on key resistance level 79.71 ! Since December it has tried several times to break but this time the trend is to the upside. Keep an eye. Source : Bloomberg
Ethereum reaching an important resistance level
Ethereum (XETUSD) has rallyed 130% since October swing low without any decent consolidation !!! It's now reaching an important resistance zone 3490-3580. Will it have enough strenght to continue or is it time for a break ? Source : Bloomberg
Reckitt Benckiser on major support zone
Reckitt Benckiser (RKT LN) is down 10% today on earnings ! It's testing major support zone 5130-5390. This zone has rebounded 6 times since 2015, so keep an eye at it over the next days. Source : Bloomberg
Google testing for a second time strong support
Google is still consolidating since January highs. It's approaching strong swing support level 135-137. Keep an eye on it. Source : Bloomberg
