U.S. Steel Corp.’s stock fell more than 17% today after reports that President Joe Biden plans to prevent the company from merging with Japan’s Nippon Steel due to national security concerns. X is trading near a key yellow support level, and X could bottom out around $26.90. The price has dropped sharply so I would monitor $26.90 to see if the support level holds.
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While GOLD continues to rise to new all time highs, BTG has experienced little upside. However, there is bullish momentum starting to form, and BTG needs to break above $3.19 to rally higher here. There is potential for 100% ROI if BTG manages to rally back to new all time highs. For now the next […]
Read MoreGOLD has rallied above $2,500 and continues to trend higher to new all time highs. GOLD is currently attempting to break through a key resistance level at $2,567.50, and I have $3,026.62 as my next key target. GOLD tends to move slowly, so it will take several months to trend up. However, I think the […]
Read MoreI shared my thoughts on how each asset class tends to perform after the Fed pivot, and surprisingly silver tends to trend down while gold tends to trend up. If this historical trend continues SLV is at risk of dropping down to retest the red resistance line around $21.30. The price has been struggling to […]
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While GOLD continues to rise to new all time highs, BTG has experienced little upside. However, there is bullish momentum starting to form, and BTG needs to break above $3.19 to rally higher here. There is potential for 100% ROI if BTG manages to rally back to new all time highs. For now the next […]
Read MoreGOLD has rallied above $2,500 and continues to trend higher to new all time highs. GOLD is currently attempting to break through a key resistance level at $2,567.50, and I have $3,026.62 as my next key target. GOLD tends to move slowly, so it will take several months to trend up. However, I think the […]
Read MoreI shared my thoughts on how each asset class tends to perform after the Fed pivot, and surprisingly silver tends to trend down while gold tends to trend up. If this historical trend continues SLV is at risk of dropping down to retest the red resistance line around $21.30. The price has been struggling to […]
Read More