Today’s Stock, Metal, and Energy Forecasts – Aug 16 2019
Good morning, Lots of great analysis including Bitcoin today.
Executive Summary:
– Stocks set to gap higher and at short-term resistance. We will see if sellers jump back into the market and drive prices lower to fill the gap. Its Friday so if we have a weak close in price near the lows then Monday could be another huge sell-off.
– Bonds are trading a major long term resistance trend channel on the monthly chart. I would expect bonds to stall and pullback over the next few months. The video shows this very clearly.
– Metals are giving mixed signals and gold hit our key price target and resistance area yesterday for a quick 22% profit.
– Oil and natural gas are still in downtrends but not giving much insight at this time.
https://thegoldandoilguy.com/wp-content/uploads/2019/08/TTT-VIDEO-LOGO.png480640adminhttp://www.thegoldandoilguy.com/wp-content/uploads/2014/11/tgaoglogo.pngadmin2019-08-16 11:53:572019-08-16 11:53:57Today’s Stock, Metal, and Energy Forecasts – Aug 16 2019
