The world is watching the US markets today and no doubt over the next few days as the US Presidential election reaches its conclusion. Expect plenty of volatility and the focus will be on the US dollar where the currency array and currency matrix indicators come into their own.
https://youtu.be/fwHmbnfqqDI...
There are several major risk events now facing the financial markets as we approach the end of the year and in this video, we highlight this unique confluence of events, which could lead to not one, but perhaps two black swan events in the coming months. We will see. In the meantime, we also focus on a terrific move on gold which saw the precious metal end the session with a wide spread down candle and a strong trend lower which truly delivered. Within the move, there were the usual pullbacks and reversals but volume price analysis helped to determine whether these were indeed primary reversals, which they were not, and therefore simply secondary trends reversing against the primary bearish trend lower.
https://youtu.be/9ZvhNolh_BM...
Some great trading lessons in the US trading session and a terrific move lower on gold with the precious metal selling off hard and wiping out the gains of the last few days. As always markets generally fall faster than they rise which is one of the advantages of trading the short side of the market. And whether you're a more experienced trader or just getting started, these are some of the lessons you need to learn quickly in order to progress as a trader.
https://youtu.be/Rd07YedpVz0...
