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MBO Issue 68 (Aug 2017) Bye Bye Mainstream Media

By Lawrence  

MarketBiasObserver

Content

  • Review
  • Euro Finally Back to Where It Should Be
  • S&P Summer Up Drift
  • Gold Not Ready for Major Move Yet
  • Big Picture Summary

 

 

Review

Euro popped higher as expected towards the weekly upside target. No surprise there as I already warned that Euro was in full up trend mode.

S&P pushed higher as explained in last issue and stalled right at my target resistance zone too.

Gold still struggling under the resistance line despite geopolitical tension rising due to short term bulls being cornered for which I pointed out last issue.

Overall, another quite month with price actions moving off the price levels of lower timeframes.

 

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