Silver (XAG/USD) Monthly Candlesticks & Ichimoku Chart
Silver is now testing above the Ichimoku cloud on the monthly chart. We are just at the start of the month, but a close above this level at the end of the month will signify the start of a long term uptrend.
Source: tradingview.com
Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to the TRACKRECORD COMMUNITY which helps them to filter out the noise and condense only what’s important in the markets for the week ahead.
Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd
AMZN Weekly Candlesticks & Ichimoku Chart
Amazon had a bearish candle on 21 May. With the US out on holiday on Memorial Day, stock futures have powered higher on the back of strength in other markets. If Amazon should exhibit weakness with the return of the U.S. participants, the gains could easily be given up in the next few sessions.
Source: tradingview.com
Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to the TRACKRECORD COMMUNITY which helps them to filter out the noise and condense only what’s important in the markets for the week ahead.
Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd