{"id":1585,"date":"2020-02-12T23:28:16","date_gmt":"2020-02-12T23:28:16","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1585"},"modified":"2020-02-13T09:02:46","modified_gmt":"2020-02-13T09:02:46","slug":"gold-for-13-02-2020","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2020\/02\/12\/gold-for-13-02-2020\/","title":{"rendered":"GOLD for 13\/02\/2020"},"content":{"rendered":"\n

#<\/strong>France #Germany Our first analysis this year (link) covered #Gold, proposing movement to 1,602 dollars. At the time of writing, the metal was trading at 1,552, thus the proposal fairly significant. Literally within the week, the metal successfully oozed upward, hitting and slightly exceeding our target level. Crucially, the price did not actually close a session anywhere near our 1,602, therefore opening the doors of suspicion for the immediate future.<\/p>\n\n\n\n

One good thing which came out of the \nmovement to 1,602 was fairly basic and simple. It proved we’ve been watching the \ncorrect trend, suggesting mapping the price against the Blue trend line (dates \nback to 2011) has been the correct approach. But in light of a barrage of \nreports from China, we’re more than a little surprised the price of the metal \nhas not shot upward, thanks to Gold (once) being regarded as a natural safe \nhaven.<\/p>\n\n\n\n

Hopefully it’s the case the current \nmedia game of CoronaVirus Bingo, trying to produce headlines with how many \npeople “could” die, is being ignored by a world, already punch drunk from \nongoing headlines produced by journalists who read something some bloke wrote on \nTwitter! Today, the Metro in London managed 45 million as their contribution to \na climate of fear.<\/p>\n\n\n\n

The immediate scenario with Gold is \nsomewhat surprising. Weakness now below 1,555 (Red) threatens reversal to an \ninitial 1,530 dollars. If broken, our secondary calculation is at 1,500, along \nwith a fair chance of a bounce. The surprise against these numbers? It will \nreturn the price of the metal below the long term downtrend!<\/p>\n\n\n\n

Alternately, if the metal now finds \nitself trading above just 1,600, strength to 1,645 now looks possible with \nsecondary, if bettered, coming in at 1,685 dollars.<\/p>\n\n\n\n

We’re pretty hesitant, suspecting the \nprice shall go up, surprised it has not already done so. Our in-house mantra \nremains, “if it ain’t goin’ up, it’s goin’ down,” with the result the near term \nRed uptrend is probably worth keeping an eye on.<\/p>\n\n\n\n

\"Hey,<\/figure>\n\n\n\n<\/p>\n\n\n
\n\t

Time Issued<\/font><\/td>

\n\t

Market<\/font><\/td>

\n\t

Price At Issue<\/font><\/td>

\n\t

Short Entry<\/font><\/td>

\n\t

Fast Exit<\/font><\/td>

\n\t

Slow Exit<\/font><\/td>

\n\t

Stop<\/font><\/td>

\n\t

Long Entry<\/font><\/td>

\n\t

Fast Exit<\/font><\/td>

\n\t

Slow Exit<\/font><\/td>

\n\t

Stop<\/font><\/td>

\n\t

Prior<\/font><\/td> <\/TR>\nFUTURES<\/font><\/a>

\n\t

10:14:24PM<\/font><\/td>

\n\t

BRENT<\/font><\/td>

\n\t

56.31<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

Success<\/font><\/td> <\/TR>\n

\n\t

10:16:56PM<\/font><\/td>

\n\t

GOLD<\/font><\/td>

\n\t

1566.49<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

<\/td> <\/TR>\n

\n\t

10:18:44PM<\/font><\/td>

\n\t

FTSE<\/font><\/td>

\n\t

7545.03<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

‘cess<\/font><\/td> <\/TR>\n

\n\t

10:27:40PM<\/font><\/td>

\n\t

FRANCE<\/font><\/td>

\n\t

6114<\/font><\/td>

\n\t

6059<\/font><\/td>

\n\t

6042.5<\/font><\/td>

\n\t

6018<\/font><\/td>

\n\t

6085<\/font><\/td>

\n\t

6117<\/font><\/td>

\n\t

6123.5<\/font><\/td>

\n\t

6175<\/font><\/td>

\n\t

6067<\/font><\/td>

\n\t

Success<\/font><\/td> <\/TR>\n

\n\t

10:30:27PM<\/font><\/td>

\n\t

GERMANY<\/font><\/td>

\n\t

13784<\/font><\/td>

\n\t

13639<\/font><\/td>

\n\t

13585<\/font><\/td>

\n\t

13518<\/font><\/td>

\n\t

13728<\/font><\/td>

\n\t

13786<\/font><\/td>

\n\t

13802<\/font><\/td>

\n\t

13866<\/font><\/td>

\n\t

13693<\/font><\/td>

\n\t

Success<\/font><\/td> <\/TR>\n

\n\t

10:32:03PM<\/font><\/td>

\n\t

US500<\/font><\/td>

\n\t

3380.52<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

‘cess<\/font><\/td> <\/TR>\n

\n\t

10:34:22PM<\/font><\/td>

\n\t

DOW<\/font><\/td>

\n\t

29541.1<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

‘cess<\/font><\/td> <\/TR>\n

\n\t

10:42:01PM<\/font><\/td>

\n\t

NASDAQ<\/font><\/td>

\n\t

9611.12<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

<\/td> <\/TR>\n

\n\t

10:43:37PM<\/font><\/td>

\n\t

JAPAN<\/font><\/td>

\n\t

23969<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

Shambles<\/font><\/td> <\/TR>\n\n<\/TABLE>\n\n

 <\/p>\n

 <\/p>\n

12\/02\/2020 FTSE Closed at 7534 points. Change of 0.47%. Total value traded through LSE was: \u00a3 5,119,461,685 a change of -10.2%<\/h><\/p>\n
11\/02\/2020 FTSE Closed at 7499 points. Change of 0.71%. Total value traded through LSE was: \u00a3 5,701,269,309 a change of 0.17%<\/h><\/p>\n
10\/02\/2020 FTSE Closed at 7446 points. Change of -0.27%. Total value traded through LSE was: \u00a3 5,691,847,581 a change of -12.91%<\/h><\/p>\n
7\/02\/2020 FTSE Closed at 7466 points. Change of -0.51%. Total value traded through LSE was: \u00a3 6,535,596,145 a change of 5.4%<\/h><\/p>\n
6\/02\/2020 FTSE Closed at 7504 points. Change of 0.29%. Total value traded through LSE was: \u00a3 6,200,545,970 a change of -22.21%<\/h><\/p>\n
5\/02\/2020 FTSE Closed at 7482 points. Change of 0.58%. Total value traded through LSE was: \u00a3 7,970,542,064 a change of 19.14%<\/h><\/p>\n
4\/02\/2020 FTSE Closed at 7439 points. Change of 1.54%. Total value traded through LSE was: \u00a3 6,690,102,462 a change of 18.21%<\/h><\/p>\n\n\n","protected":false},"excerpt":{"rendered":"

#France #Germany Our first analysis this year (link) covered #Gold, proposing movement to 1,602 dollars. At the time of writing, the metal was trading at 1,552, thus the proposal fairly significant. Literally within the week, the metal successfully oozed upward, hitting and slightly exceeding our target level. Crucially, the price did not actually close a … <\/p>\n

Continue reading “GOLD for 13\/02\/2020”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1585","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1585","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/comments?post=1585"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1585\/revisions"}],"predecessor-version":[{"id":1586,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1585\/revisions\/1586"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1585"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}