May 9 (Fri): [Bollinger Bands] Nikkei 225 vs Gold
This time
『GOLD』
is compared.
【This week's market highlights】
This week's focus is the “defense between the band and moving averages” for GOLD and the Nikkei 225. GOLD continues to rise, but a temporary decline on the daily chart is in view. Pay attention to the price movement changes indicated by last week's bearish daily upper wick.
Meanwhile, the Nikkei 225 is also at a stage where it is testing weekly resistance, and whether or not it breaks through is likely to influence the future trend. The similarity in structure with US indices should not be overlooked, and a reading that takes global market correlations into account is required.
In the paid portion, we provide a thorough explanation of the relationship with MA broken down by time frame and its meaning.
➥The continuation is described in more detail in the members-only report.
If you have not registered yet, please proceed from here ↓
● Use “The New Book of Decomposing Bollinger Bands” to analyze daily charts
https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside
● Use “The Prescription of Harmonics” to draw a ‘Zone’ where the chart should stopZone!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
(※The following is for members only.)