Metal Price Analytics Ltd ETF Gold 23−Sep−2019€¦ · 23/09/2019 · 12000 12500 13000 13500...
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● ● ● ●● ● ● ●● ● ●● ● ●● ●● ●● ●● ● ● ●● ● ● ● ●● ● ●● ● ● ● ● ● ● ● ●● ● ● ● ● ● ● ● ● ● ●● ● ● ● ●● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ●● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● 12000 12500 13000 13500 14000 14500 15000 Aberdeen Standard Physical Swiss Gold Shares ETF (SGOL) The signal for the last trading day (20 Sep) was green (bullish) having changed from grey (neutral) on the prev. day. The expected range for the next trading day (blue zone on the forecast bar) in between 14540 and 14650 with a more bullish scenario between 14650 and 14740 and a more bearish scenario between 14540 and 14425. Underlying support for the trading day is seen at: 14263 . A sustained move below this would be bearish. -101 -91 -81 -71 -61 -51 -41 -31 -21 -11 -1 -15 -10 -5 0 5 % ch -0.010 0.005 Oscillator 1 for the last trading day was positive having changed from negative on the previous day. -101 -91 -81 -71 -61 -51 -41 -31 -21 -11 -1 -200 0 200 Oscillator 2 for the last trading day was positive. 30 Apr 14 May 29 May 12 Jun 26 Jun 11 Jul 25 Jul 08 Aug 22 Aug 06 Sep 20 Sep Signal Bars. Each daily price and oscillator bar is colour coded: Green, bullish (both oscillator1 and oscillator2 are positive), Light Blue, weakly bullish (oscillator 1 is positive while oscillator 2 is negative), Magenta, weakly bearish (oscillator 1 is negative while oscillator 2 is positive), Red, bearish (both oscillator 1 and oscillator 2 are negative). Price Chart: Trend Line A bullish or weakly bullish trend is indicated by a green support line below the price bars. A bearish or weakly bearish trend is indicated by a red resistance line above the price bars. Oscillator Charts: Triangle Alert: Early Indication of a potential retracement. A grey upward triangle at the bottom of the oscillator charts indicates a potential upward retracement, while a downward triangle at the top of the oscillator charts indicates a potential retracement down. The triangle alert is a leading indicator and should be confirmed by breaking news. Failure to retrace at these points, or a weak retracement, often indicates a resilient trend. Price Chart: Forecast Bar for the next trading day: Expected Scenario (Blue Zone). More Bullish Scenario (Grey Zone above). More Bearish Scenario (Grey Zone below). The above information is the output of vector autoregression models on related markets and are not to be taken as investment or trading advice and must be viewed together with fundamental analysis and breaking news. Past performance is not indicative of future results. Historical Data may be subject to revision which may affect the signal. Every effort has been taken to present the correct informtion,however, neither Metal Price Analytics Ltd nor its staff are liable to any error that may occur. Metal Price Analytics Ltd ETF Gold 23-Sep-2019 Metal Price Analytics Ltd © 2019 www.metalpriceanalytics.com
Transcript of Metal Price Analytics Ltd ETF Gold 23−Sep−2019€¦ · 23/09/2019 · 12000 12500 13000 13500...
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Aberdeen Standard Physical Swiss Gold Shares ETF (SGOL)The signal for the last trading day (20 Sep) was green (bullish) having changed from grey (neutral) on the prev. day.
The expected range for the next trading day (blue zone on the forecast bar) in between 14540 and 14650with a more bullish scenario between 14650 and 14740 and a more bearish scenario between 14540 and 14425.
Underlying support for the trading day is seen at: 14263 . A sustained move below this would be bearish.
−101 −91 −81 −71 −61 −51 −41 −31 −21 −11 −1
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Oscillator 1 for the last trading day was positive having changed from negative on the previous day.
−101 −91 −81 −71 −61 −51 −41 −31 −21 −11 −1
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Oscillator 2 for the last trading day was positive.
30 Apr 14 May 29 May 12 Jun 26 Jun 11 Jul 25 Jul 08 Aug 22 Aug 06 Sep 20 Sep
Index
Signal Bars. Each daily price and oscillator bar is colour coded: Green, bullish (both oscillator1 and oscillator2 are positive),Light Blue, weakly bullish (oscillator 1 is positive while oscillator 2 is negative),Magenta, weakly bearish (oscillator 1 is negative while oscillator 2 is positive),Red, bearish (both oscillator 1 and oscillator 2 are negative).
Price Chart: Trend LineA bullish or weakly bullish trend is indicated by a green support line below the price bars.A bearish or weakly bearish trend is indicated by a red resistance line above the price bars.
Oscillator Charts: Triangle Alert: Early Indication of a potential retracement. A grey upward triangle at the bottom of the oscillator charts indicates a potential upward retracement,while a downward triangle at the top of the oscillator charts indicates a potential retracement down.The triangle alert is a leading indicator and should be confirmed by breaking news.Failure to retrace at these points, or a weak retracement, often indicates a resilient trend.
Price Chart: Forecast Bar for the next trading day: Expected Scenario (Blue Zone).More Bullish Scenario (Grey Zone above). More Bearish Scenario (Grey Zone below).
The above information is the output of vector autoregression models on related markets and are not to be taken as investment ortrading advice and must be viewed together with fundamental analysis and breaking news. Past performance is not indicative of future results. Historical Data may be subject to revision which may affect the signal. Every effort has been taken to present the correctinformtion,however, neither Metal Price Analytics Ltd nor its staff are liable to any error that may occur.
Metal Price Analytics Ltd ETF Gold 23−Sep−2019
Metal Price Analytics Ltd © 2019 www.metalpriceanalytics.com
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SPDR Gold Trust (GLD)The signal for the last trading day (20 Sep) was green (bullish) having changed from grey (neutral) on the prev. day.
The expected range for the next trading day (blue zone on the forecast bar) in between 14217 and 14325with a more bullish scenario between 14325 and 14413 and a more bearish scenario between 14217 and 14115.
Underlying support for the trading day is seen at: 13960 . A sustained move below this would be bearish.
−101 −91 −81 −71 −61 −51 −41 −31 −21 −11 −1
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Oscillator 1 for the last trading day was positive having changed from negative on the previous day.
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Oscillator 2 for the last trading day was positive.
30 Apr 14 May 29 May 12 Jun 26 Jun 11 Jul 25 Jul 08 Aug 22 Aug 06 Sep 20 Sep
Index
Signal Bars. Each daily price and oscillator bar is colour coded: Green, bullish (both oscillator1 and oscillator2 are positive),Light Blue, weakly bullish (oscillator 1 is positive while oscillator 2 is negative),Magenta, weakly bearish (oscillator 1 is negative while oscillator 2 is positive),Red, bearish (both oscillator 1 and oscillator 2 are negative).
Price Chart: Trend LineA bullish or weakly bullish trend is indicated by a green support line below the price bars.A bearish or weakly bearish trend is indicated by a red resistance line above the price bars.
Oscillator Charts: Triangle Alert: Early Indication of a potential retracement. A grey upward triangle at the bottom of the oscillator charts indicates a potential upward retracement,while a downward triangle at the top of the oscillator charts indicates a potential retracement down.The triangle alert is a leading indicator and should be confirmed by breaking news.Failure to retrace at these points, or a weak retracement, often indicates a resilient trend.
Price Chart: Forecast Bar for the next trading day: Expected Scenario (Blue Zone).More Bullish Scenario (Grey Zone above). More Bearish Scenario (Grey Zone below).
The above information is the output of vector autoregression models on related markets and are not to be taken as investment ortrading advice and must be viewed together with fundamental analysis and breaking news. Past performance is not indicative of future results. Historical Data may be subject to revision which may affect the signal. Every effort has been taken to present the correctinformtion,however, neither Metal Price Analytics Ltd nor its staff are liable to any error that may occur.
Metal Price Analytics Ltd ETF Gold 23−Sep−2019
Metal Price Analytics Ltd © 2019 www.metalpriceanalytics.com
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Merk Gold Trust (OUNZ)The signal for the last trading day (20 Sep) was green (bullish) having changed from grey (neutral) on the prev. day.
The expected range for the next trading day (blue zone on the forecast bar) in between 1473 and 1481with a more bullish scenario between 1481 and 1498 and a more bearish scenario between 1473 and 1465.
Underlying support for the trading day is seen at: 1450 . A sustained move below this would be bearish.
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Oscillator 1 for the last trading day was positive having changed from negative on the previous day.
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Oscillator 2 for the last trading day was positive.
30 Apr 14 May 29 May 12 Jun 26 Jun 11 Jul 25 Jul 08 Aug 22 Aug 06 Sep 20 Sep
Index
Signal Bars. Each daily price and oscillator bar is colour coded: Green, bullish (both oscillator1 and oscillator2 are positive),Light Blue, weakly bullish (oscillator 1 is positive while oscillator 2 is negative),Magenta, weakly bearish (oscillator 1 is negative while oscillator 2 is positive),Red, bearish (both oscillator 1 and oscillator 2 are negative).
Price Chart: Trend LineA bullish or weakly bullish trend is indicated by a green support line below the price bars.A bearish or weakly bearish trend is indicated by a red resistance line above the price bars.
Oscillator Charts: Triangle Alert: Early Indication of a potential retracement. A grey upward triangle at the bottom of the oscillator charts indicates a potential upward retracement,while a downward triangle at the top of the oscillator charts indicates a potential retracement down.The triangle alert is a leading indicator and should be confirmed by breaking news.Failure to retrace at these points, or a weak retracement, often indicates a resilient trend.
Price Chart: Forecast Bar for the next trading day: Expected Scenario (Blue Zone).More Bullish Scenario (Grey Zone above). More Bearish Scenario (Grey Zone below).
The above information is the output of vector autoregression models on related markets and are not to be taken as investment ortrading advice and must be viewed together with fundamental analysis and breaking news. Past performance is not indicative of future results. Historical Data may be subject to revision which may affect the signal. Every effort has been taken to present the correctinformtion,however, neither Metal Price Analytics Ltd nor its staff are liable to any error that may occur.
Metal Price Analytics Ltd ETF Gold 23−Sep−2019
Metal Price Analytics Ltd © 2019 www.metalpriceanalytics.com
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iShares COMEX Gold Trust (IAU)The signal for the last trading day (20 Sep) was green (bullish) having changed from grey (neutral) on the prev. day.
The expected range for the next trading day (blue zone on the forecast bar) in between 1443.2 and 1453.8with a more bullish scenario between 1453.8 and 1462.5 and a more bearish scenario between 1443.2 and 1432.3.
Underlying support for the trading day is seen at: 1416.5 . A sustained move below this would be bearish.
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Oscillator 1 for the last trading day was positive having changed from negative on the previous day.
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Oscillator 2 for the last trading day was positive.
30 Apr 14 May 29 May 12 Jun 26 Jun 11 Jul 25 Jul 08 Aug 22 Aug 06 Sep 20 Sep
Index
Signal Bars. Each daily price and oscillator bar is colour coded: Green, bullish (both oscillator1 and oscillator2 are positive),Light Blue, weakly bullish (oscillator 1 is positive while oscillator 2 is negative),Magenta, weakly bearish (oscillator 1 is negative while oscillator 2 is positive),Red, bearish (both oscillator 1 and oscillator 2 are negative).
Price Chart: Trend LineA bullish or weakly bullish trend is indicated by a green support line below the price bars.A bearish or weakly bearish trend is indicated by a red resistance line above the price bars.
Oscillator Charts: Triangle Alert: Early Indication of a potential retracement. A grey upward triangle at the bottom of the oscillator charts indicates a potential upward retracement,while a downward triangle at the top of the oscillator charts indicates a potential retracement down.The triangle alert is a leading indicator and should be confirmed by breaking news.Failure to retrace at these points, or a weak retracement, often indicates a resilient trend.
Price Chart: Forecast Bar for the next trading day: Expected Scenario (Blue Zone).More Bullish Scenario (Grey Zone above). More Bearish Scenario (Grey Zone below).
The above information is the output of vector autoregression models on related markets and are not to be taken as investment ortrading advice and must be viewed together with fundamental analysis and breaking news. Past performance is not indicative of future results. Historical Data may be subject to revision which may affect the signal. Every effort has been taken to present the correctinformtion,however, neither Metal Price Analytics Ltd nor its staff are liable to any error that may occur.
Metal Price Analytics Ltd ETF Gold 23−Sep−2019
Metal Price Analytics Ltd © 2019 www.metalpriceanalytics.com
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Sprott Physical Gold Trust (PHYS)The signal for the last trading day (20 Sep) was green (bullish) having changed from grey (neutral) on the prev. day.
The expected range for the next trading day (blue zone on the forecast bar) in between 1207 and 1218with a more bullish scenario between 1218 and 1229 and a more bearish scenario between 1207 and 1202.
Underlying support for the trading day is seen at: 1188 . A sustained move below this would be bearish.
−101 −91 −81 −71 −61 −51 −41 −31 −21 −11 −1
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Oscillator 1 for the last trading day was positive having changed from negative on the previous day.
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Oscillator 2 for the last trading day was positive.
30 Apr 14 May 29 May 12 Jun 26 Jun 11 Jul 25 Jul 08 Aug 22 Aug 06 Sep 20 Sep
Index
Signal Bars. Each daily price and oscillator bar is colour coded: Green, bullish (both oscillator1 and oscillator2 are positive),Light Blue, weakly bullish (oscillator 1 is positive while oscillator 2 is negative),Magenta, weakly bearish (oscillator 1 is negative while oscillator 2 is positive),Red, bearish (both oscillator 1 and oscillator 2 are negative).
Price Chart: Trend LineA bullish or weakly bullish trend is indicated by a green support line below the price bars.A bearish or weakly bearish trend is indicated by a red resistance line above the price bars.
Oscillator Charts: Triangle Alert: Early Indication of a potential retracement. A grey upward triangle at the bottom of the oscillator charts indicates a potential upward retracement,while a downward triangle at the top of the oscillator charts indicates a potential retracement down.The triangle alert is a leading indicator and should be confirmed by breaking news.Failure to retrace at these points, or a weak retracement, often indicates a resilient trend.
Price Chart: Forecast Bar for the next trading day: Expected Scenario (Blue Zone).More Bullish Scenario (Grey Zone above). More Bearish Scenario (Grey Zone below).
The above information is the output of vector autoregression models on related markets and are not to be taken as investment ortrading advice and must be viewed together with fundamental analysis and breaking news. Past performance is not indicative of future results. Historical Data may be subject to revision which may affect the signal. Every effort has been taken to present the correctinformtion,however, neither Metal Price Analytics Ltd nor its staff are liable to any error that may occur.
Metal Price Analytics Ltd ETF Gold 23−Sep−2019
Metal Price Analytics Ltd © 2019 www.metalpriceanalytics.com
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Invesco Physical Gold ETC (SGLD)The signal for the last trading day (20 Sep) was grey (neutral).
The expected range for the next trading day (blue zone on the forecast bar) in between 14558 and 14690with a more bullish scenario between 14690 and 14764 and a more bearish scenario between 14558 and 14451.
Underlying support for the trading day is seen at: 14417 . A sustained move below this would be bearish.
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Oscillator 1 for the last trading day was negative.
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Oscillator 2 for the last trading day was positive.
30 Apr 15 May 30 May 13 Jun 27 Jun 11 Jul 25 Jul 08 Aug 22 Aug 06 Sep 20 Sep
Index
Signal Bars. Each daily price and oscillator bar is colour coded: Green, bullish (both oscillator1 and oscillator2 are positive),Light Blue, weakly bullish (oscillator 1 is positive while oscillator 2 is negative),Magenta, weakly bearish (oscillator 1 is negative while oscillator 2 is positive),Red, bearish (both oscillator 1 and oscillator 2 are negative).
Price Chart: Trend LineA bullish or weakly bullish trend is indicated by a green support line below the price bars.A bearish or weakly bearish trend is indicated by a red resistance line above the price bars.
Oscillator Charts: Triangle Alert: Early Indication of a potential retracement. A grey upward triangle at the bottom of the oscillator charts indicates a potential upward retracement,while a downward triangle at the top of the oscillator charts indicates a potential retracement down.The triangle alert is a leading indicator and should be confirmed by breaking news.Failure to retrace at these points, or a weak retracement, often indicates a resilient trend.
Price Chart: Forecast Bar for the next trading day: Expected Scenario (Blue Zone).More Bullish Scenario (Grey Zone above). More Bearish Scenario (Grey Zone below).
The above information is the output of vector autoregression models on related markets and are not to be taken as investment ortrading advice and must be viewed together with fundamental analysis and breaking news. Past performance is not indicative of future results. Historical Data may be subject to revision which may affect the signal. Every effort has been taken to present the correctinformtion,however, neither Metal Price Analytics Ltd nor its staff are liable to any error that may occur.
Metal Price Analytics Ltd ETF Gold 23−Sep−2019
Metal Price Analytics Ltd © 2019 www.metalpriceanalytics.com
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ETFS Physical Gold (PHAU)The signal for the last trading day (20 Sep) was grey (neutral).
The expected range for the next trading day (blue zone on the forecast bar) in between 14285 and 14406with a more bullish scenario between 14406 and 14479 and a more bearish scenario between 14285 and 14186.
Underlying support for the trading day is seen at: 14145 . A sustained move below this would be bearish.
−101 −91 −81 −71 −61 −51 −41 −31 −21 −11 −1
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Oscillator 1 for the last trading day was negative.
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Oscillator 2 for the last trading day was positive.
30 Apr 15 May 30 May 13 Jun 27 Jun 11 Jul 25 Jul 08 Aug 22 Aug 06 Sep 20 Sep
Index
Signal Bars. Each daily price and oscillator bar is colour coded: Green, bullish (both oscillator1 and oscillator2 are positive),Light Blue, weakly bullish (oscillator 1 is positive while oscillator 2 is negative),Magenta, weakly bearish (oscillator 1 is negative while oscillator 2 is positive),Red, bearish (both oscillator 1 and oscillator 2 are negative).
Price Chart: Trend LineA bullish or weakly bullish trend is indicated by a green support line below the price bars.A bearish or weakly bearish trend is indicated by a red resistance line above the price bars.
Oscillator Charts: Triangle Alert: Early Indication of a potential retracement. A grey upward triangle at the bottom of the oscillator charts indicates a potential upward retracement,while a downward triangle at the top of the oscillator charts indicates a potential retracement down.The triangle alert is a leading indicator and should be confirmed by breaking news.Failure to retrace at these points, or a weak retracement, often indicates a resilient trend.
Price Chart: Forecast Bar for the next trading day: Expected Scenario (Blue Zone).More Bullish Scenario (Grey Zone above). More Bearish Scenario (Grey Zone below).
The above information is the output of vector autoregression models on related markets and are not to be taken as investment ortrading advice and must be viewed together with fundamental analysis and breaking news. Past performance is not indicative of future results. Historical Data may be subject to revision which may affect the signal. Every effort has been taken to present the correctinformtion,however, neither Metal Price Analytics Ltd nor its staff are liable to any error that may occur.
Metal Price Analytics Ltd ETF Gold 23−Sep−2019
Metal Price Analytics Ltd © 2019 www.metalpriceanalytics.com
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iShares Physical Gold ETC (IGLN)The signal for the last trading day (20 Sep) was grey (neutral).
The expected range for the next trading day (blue zone on the forecast bar) in between 2935.91 and 2961.02with a more bullish scenario between 2961.02 and 2977.57 and a more bearish scenario between 2935.91 and 2914.25.
Underlying support for the trading day is seen at: 2907.82 . A sustained move below this would be bearish.
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Oscillator 1 for the last trading day was negative.
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Oscillator 2 for the last trading day was positive.
30 Apr 15 May 30 May 13 Jun 27 Jun 11 Jul 25 Jul 08 Aug 22 Aug 06 Sep 20 Sep
Index
Signal Bars. Each daily price and oscillator bar is colour coded: Green, bullish (both oscillator1 and oscillator2 are positive),Light Blue, weakly bullish (oscillator 1 is positive while oscillator 2 is negative),Magenta, weakly bearish (oscillator 1 is negative while oscillator 2 is positive),Red, bearish (both oscillator 1 and oscillator 2 are negative).
Price Chart: Trend LineA bullish or weakly bullish trend is indicated by a green support line below the price bars.A bearish or weakly bearish trend is indicated by a red resistance line above the price bars.
Oscillator Charts: Triangle Alert: Early Indication of a potential retracement. A grey upward triangle at the bottom of the oscillator charts indicates a potential upward retracement,while a downward triangle at the top of the oscillator charts indicates a potential retracement down.The triangle alert is a leading indicator and should be confirmed by breaking news.Failure to retrace at these points, or a weak retracement, often indicates a resilient trend.
Price Chart: Forecast Bar for the next trading day: Expected Scenario (Blue Zone).More Bullish Scenario (Grey Zone above). More Bearish Scenario (Grey Zone below).
The above information is the output of vector autoregression models on related markets and are not to be taken as investment ortrading advice and must be viewed together with fundamental analysis and breaking news. Past performance is not indicative of future results. Historical Data may be subject to revision which may affect the signal. Every effort has been taken to present the correctinformtion,however, neither Metal Price Analytics Ltd nor its staff are liable to any error that may occur.
Metal Price Analytics Ltd ETF Gold 23−Sep−2019
Metal Price Analytics Ltd © 2019 www.metalpriceanalytics.com
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Invesco Physical Gold ETC (SGLP)The signal for the last trading day (20 Sep) was magenta (weakly bearish).
The expected range for the next trading day (blue zone on the forecast bar) in between 11587 and 11722with a more bullish scenario between 11722 and 11828 and a more bearish scenario between 11587 and 11535.Overhead resistance for the trading day is seen at: 11793 . A sustained price move above this would be bullish.
−101 −91 −81 −71 −61 −51 −41 −31 −21 −11 −1
●
−20
−15
−10
−5
0
5
% ch
−0.
015
0.00
5
Oscillator 1 for the last trading day was negative.
−101 −91 −81 −71 −61 −51 −41 −31 −21 −11 −1
−20
00
200
Oscillator 2 for the last trading day was positive.
30 Apr 15 May 30 May 13 Jun 27 Jun 11 Jul 25 Jul 08 Aug 22 Aug 06 Sep 20 Sep
Index
Signal Bars. Each daily price and oscillator bar is colour coded: Green, bullish (both oscillator1 and oscillator2 are positive),Light Blue, weakly bullish (oscillator 1 is positive while oscillator 2 is negative),Magenta, weakly bearish (oscillator 1 is negative while oscillator 2 is positive),Red, bearish (both oscillator 1 and oscillator 2 are negative).
Price Chart: Trend LineA bullish or weakly bullish trend is indicated by a green support line below the price bars.A bearish or weakly bearish trend is indicated by a red resistance line above the price bars.
Oscillator Charts: Triangle Alert: Early Indication of a potential retracement. A grey upward triangle at the bottom of the oscillator charts indicates a potential upward retracement,while a downward triangle at the top of the oscillator charts indicates a potential retracement down.The triangle alert is a leading indicator and should be confirmed by breaking news.Failure to retrace at these points, or a weak retracement, often indicates a resilient trend.
Price Chart: Forecast Bar for the next trading day: Expected Scenario (Blue Zone).More Bullish Scenario (Grey Zone above). More Bearish Scenario (Grey Zone below).
The above information is the output of vector autoregression models on related markets and are not to be taken as investment ortrading advice and must be viewed together with fundamental analysis and breaking news. Past performance is not indicative of future results. Historical Data may be subject to revision which may affect the signal. Every effort has been taken to present the correctinformtion,however, neither Metal Price Analytics Ltd nor its staff are liable to any error that may occur.
Metal Price Analytics Ltd ETF Gold 23−Sep−2019
Metal Price Analytics Ltd © 2019 www.metalpriceanalytics.com
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9000
9500
10000
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11500
12000
12500
ETFS Physical Gold (PHGP)The signal for the last trading day (20 Sep) was magenta (weakly bearish).
The expected range for the next trading day (blue zone on the forecast bar) in between 11381 and 11494with a more bullish scenario between 11494 and 11604 and a more bearish scenario between 11381 and 11317.Overhead resistance for the trading day is seen at: 11570 . A sustained price move above this would be bullish.
−101 −91 −81 −71 −61 −51 −41 −31 −21 −11 −1
●
−20
−15
−10
−5
0
5
% ch
−0.
015
0.00
5
Oscillator 1 for the last trading day was negative.
−101 −91 −81 −71 −61 −51 −41 −31 −21 −11 −1
−20
00
200
Oscillator 2 for the last trading day was positive.
30 Apr 15 May 30 May 13 Jun 27 Jun 11 Jul 25 Jul 08 Aug 22 Aug 06 Sep 20 Sep
Index
Signal Bars. Each daily price and oscillator bar is colour coded: Green, bullish (both oscillator1 and oscillator2 are positive),Light Blue, weakly bullish (oscillator 1 is positive while oscillator 2 is negative),Magenta, weakly bearish (oscillator 1 is negative while oscillator 2 is positive),Red, bearish (both oscillator 1 and oscillator 2 are negative).
Price Chart: Trend LineA bullish or weakly bullish trend is indicated by a green support line below the price bars.A bearish or weakly bearish trend is indicated by a red resistance line above the price bars.
Oscillator Charts: Triangle Alert: Early Indication of a potential retracement. A grey upward triangle at the bottom of the oscillator charts indicates a potential upward retracement,while a downward triangle at the top of the oscillator charts indicates a potential retracement down.The triangle alert is a leading indicator and should be confirmed by breaking news.Failure to retrace at these points, or a weak retracement, often indicates a resilient trend.
Price Chart: Forecast Bar for the next trading day: Expected Scenario (Blue Zone).More Bullish Scenario (Grey Zone above). More Bearish Scenario (Grey Zone below).
The above information is the output of vector autoregression models on related markets and are not to be taken as investment ortrading advice and must be viewed together with fundamental analysis and breaking news. Past performance is not indicative of future results. Historical Data may be subject to revision which may affect the signal. Every effort has been taken to present the correctinformtion,however, neither Metal Price Analytics Ltd nor its staff are liable to any error that may occur.
Metal Price Analytics Ltd ETF Gold 23−Sep−2019
Metal Price Analytics Ltd © 2019 www.metalpriceanalytics.com
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5000
5500
6000
6500
7000
7500
ProShares UltraShort Gold (GLL)The signal for the last trading day (20 Sep) was red (bearish) having changed from grey (neutral) on the prev. day.
The expected range for the next trading day (blue zone on the forecast bar) in between 5369 and 5448with a more bullish scenario between 5448 and 5476 and a more bearish scenario between 5369 and 5170.
Overhead resistance for the trading day is seen at: 5591 . A sustained price move above this would be bullish.
−101 −91 −81 −71 −61 −51 −41 −31 −21 −11 −1
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−10
0
10
20
30
40
% ch
−0.
030.
00
Oscillator 1 for the last trading day was negative having changed from positive on the previous day.
−101 −91 −81 −71 −61 −51 −41 −31 −21 −11 −1
−30
00
200
Oscillator 2 for the last trading day was negative.
30 Apr 14 May 29 May 12 Jun 26 Jun 11 Jul 25 Jul 08 Aug 22 Aug 06 Sep 20 Sep
Index
Signal Bars. Each daily price and oscillator bar is colour coded: Green, bullish (both oscillator1 and oscillator2 are positive),Light Blue, weakly bullish (oscillator 1 is positive while oscillator 2 is negative),Magenta, weakly bearish (oscillator 1 is negative while oscillator 2 is positive),Red, bearish (both oscillator 1 and oscillator 2 are negative).
Price Chart: Trend LineA bullish or weakly bullish trend is indicated by a green support line below the price bars.A bearish or weakly bearish trend is indicated by a red resistance line above the price bars.
Oscillator Charts: Triangle Alert: Early Indication of a potential retracement. A grey upward triangle at the bottom of the oscillator charts indicates a potential upward retracement,while a downward triangle at the top of the oscillator charts indicates a potential retracement down.The triangle alert is a leading indicator and should be confirmed by breaking news.Failure to retrace at these points, or a weak retracement, often indicates a resilient trend.
Price Chart: Forecast Bar for the next trading day: Expected Scenario (Blue Zone).More Bullish Scenario (Grey Zone above). More Bearish Scenario (Grey Zone below).
The above information is the output of vector autoregression models on related markets and are not to be taken as investment ortrading advice and must be viewed together with fundamental analysis and breaking news. Past performance is not indicative of future results. Historical Data may be subject to revision which may affect the signal. Every effort has been taken to present the correctinformtion,however, neither Metal Price Analytics Ltd nor its staff are liable to any error that may occur.
Metal Price Analytics Ltd ETF Gold 23−Sep−2019
Metal Price Analytics Ltd © 2019 www.metalpriceanalytics.com
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1900
2000
2100
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2400
2500
iShares Physical Gold ETC (SGLN)The signal for the last trading day (20 Sep) was magenta (weakly bearish).
The expected range for the next trading day (blue zone on the forecast bar) in between 2338.82 and 2361.51with a more bullish scenario between 2361.51 and 2384.95 and a more bearish scenario between 2338.82 and 2326.17.
Overhead resistance for the trading day is seen at: 2378.28 . A sustained price move above this would be bullish.
−101 −91 −81 −71 −61 −51 −41 −31 −21 −11 −1
●
−20
−15
−10
−5
0
5
% ch
−0.
015
0.00
5
Oscillator 1 for the last trading day was negative.
−101 −91 −81 −71 −61 −51 −41 −31 −21 −11 −1
−40
020
Oscillator 2 for the last trading day was positive.
30 Apr 15 May 30 May 13 Jun 27 Jun 11 Jul 25 Jul 08 Aug 22 Aug 06 Sep 20 Sep
Index
Signal Bars. Each daily price and oscillator bar is colour coded: Green, bullish (both oscillator1 and oscillator2 are positive),Light Blue, weakly bullish (oscillator 1 is positive while oscillator 2 is negative),Magenta, weakly bearish (oscillator 1 is negative while oscillator 2 is positive),Red, bearish (both oscillator 1 and oscillator 2 are negative).
Price Chart: Trend LineA bullish or weakly bullish trend is indicated by a green support line below the price bars.A bearish or weakly bearish trend is indicated by a red resistance line above the price bars.
Oscillator Charts: Triangle Alert: Early Indication of a potential retracement. A grey upward triangle at the bottom of the oscillator charts indicates a potential upward retracement,while a downward triangle at the top of the oscillator charts indicates a potential retracement down.The triangle alert is a leading indicator and should be confirmed by breaking news.Failure to retrace at these points, or a weak retracement, often indicates a resilient trend.
Price Chart: Forecast Bar for the next trading day: Expected Scenario (Blue Zone).More Bullish Scenario (Grey Zone above). More Bearish Scenario (Grey Zone below).
The above information is the output of vector autoregression models on related markets and are not to be taken as investment ortrading advice and must be viewed together with fundamental analysis and breaking news. Past performance is not indicative of future results. Historical Data may be subject to revision which may affect the signal. Every effort has been taken to present the correctinformtion,however, neither Metal Price Analytics Ltd nor its staff are liable to any error that may occur.
Metal Price Analytics Ltd ETF Gold 23−Sep−2019
Metal Price Analytics Ltd © 2019 www.metalpriceanalytics.com
