From a low
near $ 450 in July 2005, to the recent highs in mid 2011 just shy of $ 1550, Gold has had a phenomenal run.
After a major upside move, bitcoin cash price faced sellers
near $ 1,575 against the US Dollar.
Buying pressure remains strong, raising odds it will test 2015 resistance
near $ 4.00.
However, there is a crucial support waiting on the downside
near the $ 0.8600 level.
That being said, $ 1634 is looking like a solid threshold for gold to cross near the end of the year, possibly going as high as $ 1665, from its lows
near $ 1450 later this summer.
Ten percent, or $ 110, would place spot gold
near $ 1440.
A high was formed
near $ 11,252 from where a downside correction was initiated.
This price level could offer a platform for continued upside that reaches longer - term resistance
near $ 4.00.
22nd Century Group, Inc. (XXII), a plant biotechnology company that is a provider of tobacco harm reduction and development of proprietary hemp / cannabis strains, broke out above multi-year resistance
near $ 1.50 in 2013, rallying to a record high a few months later at $ 6.36.
Litecoin remains technically stronger than the two most valuable coins, still trading above the prior high
near $ 38 following yesterday's slide.
Ethereum continues to trade
near the $ 300 level on the USD chart, with the 38.2 % Fibonacci Retracement also being in the close proximity of the current price, while the $ 270 level acting as primary support in the current setup.
The strength was short - lived, however, as the curve subsequently bear - steepened on rising inflation expectations from the slightly above - consensus AHE at 0.31 % MoM and WTI crude futures
near $ 45 / bbl.
The stock reached an all - time high at $ 15.91 in March 2012, then dropped in a straight line to $ 2.09 in November, ahead of a bounce that stalled
near $ 6.00 in 2014.
Though the virtual currency has been posing an overall uptrend since a ban on ICOs from China pushed the bitcoin price to
near the $ 3,000 mark on September 15, it has seen some turbulence along the road.
In 2007, when natural gas prices were still
near $ 6 and Devon shares hit the $ 90 mark, Mr. Nichols again received $ 1.2 million in salary and a $ 2.6 million bonus.
Oil prices slipped back from three year highs set earlier this week and trade was modestly firmer compared with last Friday,
near $ 68.25 a barrel.
As of early May it has rallied back
near $ 10,000 with resistance around $ 11,200 at the last highs in March.
According to some market watchers, gold has yet to fully adjust to the reality of tapering, and is vulnerable to further weakness when the central bank finally begins to wind down its monetary stimulus — a major pillar of support that has driven gold to record high
near $ 1,920 in September 2011.
Washington Mutual has since fallen in waterfall fashion from $ 40 and is now trading
near $ 5.00 after a huge rally.
There is a significant bullish trendline forming with support
near $ 590.00 on the hourly chart of ETH / USD.
At the same time, the U.S. 10 - year Treasury bond yield dipped from 2.43 % to 2.34 % week - over-week, while WTI oil prices jumped to a 2 1/2 - year high
near $ 56.
Last week when gold stocks» latest capitulation low was carved, the gold price was up
near $ 1150.
CVS is nowhere
near $ 60 and even much further from $ 56, which is half of the 112 high you cite.
Ethereum found support
near $ 280 and is trading in the $ 320's, still 20 % off it's all - time high.
XRP remained volatile even as the segment generally calmed down, and the market remains undecided with active trading
near the $ 0.20 support / resistance zone.
Key Highlights Ethereum classic price failed
near the $ 16.20 resistance area against the US Dollar and declined.
That said, long - term investors could still add to their holdings here, and we expect another test of the declining trendline now found
near $ 800 in the coming period, with further resistance at $ 845 and support found
near $ 650, and $ 625.
Key support levels are still found
near $ 56, around $ 51, and at $ 44.
A recent valuation on the stock, via an Undervalued Dividend Growth Stock of the Week article, pegged the estimated intrinsic value
near $ 128.
On the downside, there is a crucial bullish trend line forming with support at $ 0.3350 on the hourly chart of the ADA / USD pair.The chart indicates that the pair remains supported on the downside
near $ 0.3350.
There are two bearish trend lines with resistance
near $ 303 forming on the hourly chart of ETH / USD (data feed via SimpleFX).
Support levels are found at $ 240, $ 215, and $ 200, while resistance is ahead
near $ 260, $ 280, and $ 300.
Since bitcoin peaked
near $ 20,000, there's been a lot of speculation about net sellers controlling the market.
An undercut of support
near $ 26.30 could provide a buy entry for this ETN.
Once the stock gets
near the $ 40 levels, Microsoft at that point might bid the co. for $ 50 a share, or $ 28 billion.
Litecoin has moved up from a low
near $ 50 to $ 63 dollars.
That said, the coin is still bullish both short - and long - term with resistance found
near $ 500, $ 600, and $ 650, and support at $ 435, $ 400, and $ 375.
The chart indicates that the pair remains supported on the downside
near $ 0.3350.
Support is still found
near the $ 80 level and around $ 68, while further resistance is ahead at $ 125.
Short - term traders should still stay away from opening new positions as the test of the $ 18 level might still be ahead in the coming days, with further support at $ 16 and $ 14.50, while strong resistance is ahead
near $ 23 and $ 25.
While incomes vary, and 401 (k) s aren't the only source of retirement income, financial advisors are on the hot seat with many clients who don't have
near $ 1 million in their retirement savings.
Looking at the chart, the broken support
near $ 0.8850 and the 100 hourly SMA is likely to act a resistance.
The price found bids
near $ 286 and is currently correcting higher towards $ 295.
Beyond that, the next major support level for $ SPY is
near the $ 155 level, which is support of the prior highs from 2000 and 2007 (not shown on chart).
Above $ 56 resistance is found
near $ 64, while support is near the $ 44 level.
We still expect a rally above the key resistance zone
near $ 0.22 level soon as the effects of the broad correction wane.
Support is still found at $ 300 and $ 285, while resistance levels are ahead between $ 330 and $ 350, and
near $ 380.
Above $ 300 the next crucial levels are found at $ 330 and $ 380, while support is found
near $ 250 and $ 235.
Strong resistance is still ahead
near $ 0.24, and $ 0.26, and between $ 0.30 and $ 0.32, with further support at $ 18.
Litecoin is attempting a rally together with BTC, but so far the coin failed to reach the crucial resistance
near $ 64.