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Weekly Review

Weekly Review | 08 April 2022

 Natural Gas Weekly Review

Weekly Review

Wave Analysis:

During the previous trading week, The Natural gas continued to the upperside and is showing signs of sustaining itself above the 61.8% fib level. As it is now, I expect the price to pullback towards 61.6% fib level to give us a good place to look for more buy positions expecting the price rise above 6.520. On the flipside, if the price breaks and closes below 61.8% fib level, then this will be an ideal place to consider further sell positions towards 50.0% fib level.

Trade Recommendations:

We're waiting for a pullback towards 61.8% fib level, to pick a low risk buy position.

 Gold Weekly Review

Wave Analysis:
Last week, Gold rallied to the upperside and is still showing signs of continuing much higher. As it is right now, I expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of an implsive wave cycle and may see the price break above  2037 and may continue much higher. Basically, we are buyers on this chart.
Trade Recommendation:
Look for low risk buy positions towards 2037.0
 
CAC40 Weekly Review
Wave Analysis
Last week, CAC40 rallied to the upperside and is still showing signs of continuing much higher. As it is right now, I expect nothing but a possible momentum much higher. The ideal here is to keep looking for more long positions to the upperside expecting a possible breakout above 7328.2 to push the price much higher with the next ideal target set at 7800.90 and may extend uch higher. ON this chart, only buyers appear to have the uppper hand.
Trade Recommendations:
We're buyers towards 7328.2
Bob Stan
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