XAUUSD: Maintain Range Trading
✅Yesterday, gold closed with a cross star candlestick. Although it once dropped to a low of 2633, it rebounded and closed above 2645 at the end of the trading day, close to the opening price. The overall trend continued to fluctuate slowly, and the key support level below was near 2605, which was the critical point for the short-term long and short competition. The daily trend shows that gold has not yet broken through the range of fluctuations. The current fluctuation pattern is the main one, and attention should be paid to the driving effect of the Fed's interest rate decision on the market.
XAUUSD: Maintain Range Trading
Bitcoin / Cryptocurrencies - One Shoulder Still Missingimage
Bitcoin / Cryptocurrencies - One Shoulder Still Missing
It looks like a head-and-shoulders formation, which would mean briefly dipping below the $60,000 mark followed by a quick recovery. Then, the formation is ready for a breakout. If this scenario holds, I will screen cryptocurrencies showing the most relative strength compared to Bitcoin, as announced. This is where I will invest my liquidity. If no rebound occurs and weekly candles form below $60,000, Bitcoin will test its uptrend below $50,00
Bitcoin / Cryptocurrencies - One Shoulder Still Missing
BABA Updateimage
BABA Update
BABA läuft wie erwartet und bildet ein mögliches Adam & Eva. Die 121$ und die 127$ müssten gebrochen werden um das Adam & Eva zu bestätigen.
BABA Update
S&P500, Nasdaq100, Russell200, DAX, China, Bitcoin & Co
The content of this post is for informational purposes only and does not constitute investment advice. Please be aware that all investments involve risk, and individual consultation is recommended. The author may hold personal positions in the mentioned securities and could benefit from their price movements.
S&P500, Nasdaq100, Russell200, DAX, China, Bitcoin & Co
Arbeit neu denken: Ändere deinen Rahmen! [German]image
Arbeit neu denken: Ändere deinen Rahmen! [German]
Gerade an Tagen, die man etwas gelassener angehen kann, spielt das Gefühl eine große Rolle. Wie fühlst du dich während du das machst, was du machst? Damit meine ich jetzt nicht, das du auf einmal weniger machen solltest. Damit meine ich deine Rahmenbedingungen und dessen Auswirkungen. 
Arbeit neu denken: Ändere deinen Rahmen! [German]
Bitcoin
Bitcoin has established a higher low, and now all that's missing is an impulsive trend break for a full trend reversal. At the same time, there’s renewed activity in alternative coins, indicating that Bitcoin could be an attractive option once central banks start printing money again. A new wave of debt is looming to "print away" the inevitable recession, making Bitcoin & Co. an interesting option to protect one's money value, especially against further inflationary trends.I have increased my investment quota, and since Bitcoin appears to be the most stable, I have expanded my position. If an impulsive breakout occurs and alternative coins follow, I may consider reallocating my investments. 
Bitcoin
SOL Update 02.09.2024image
SOL Update 02.09.2024
As mentioned in my last post, SOL was likely to show lower prices. Now having reached its short term target, what's likely to happen next?
SOL Update 02.09.2024
S&P 500, Nasdaq100 and Russell 2000image
S&P 500, Nasdaq100 and Russell 2000
This week was in line with my primary scenario of a correction. Next week is “crunch time” as exciting corporate earnings are due and there will be a little more clarity on who will be U.S. President for the next four years. This points to further volatility and I expect a test of the 30-week moving average, which is also the short-term uptrend. For the S&P 500, this is in the region of 5,500 points. I expect a positive interim reaction here, which could serve as a prelude to a move towards 6,500 points.If the price falls below this level on a weekly closing basis, the secondary scenario will be activated, which envisages a test of the longer-term upward trend around 5,000 points. I do not expect the Nasdaq100 and Russell2000 to take on a strong life of their own this week and expect a similar development to the S&P 500. If the level around 5,500 points is reached, I plan to unwind my partial portfolio hedge.Whether we will know more clearly by the end of next week where the year-end spurt is heading depends on whether there is a clear decision on the outcome of the presidential election.It should also be noted that the U.S. government bond yield has now risen above the dividend yield again. In addition, retail investors in the USA are more optimistic than ever before about the stock market trend over the next 12 months - both are warning signals for the medium-term trend, but not (yet) a reason not to follow the positive trends in individual stocks.(Personal opinion - no advice - no recommendation to buy securities - no financial advice) 
S&P 500, Nasdaq100 and Russell 2000