Ed Moya - Senior Market Analysts at OANDA – Tue 12 Nov, 2019

Markets on hold waiting for Trump’s speech – Here’s what to watch for.

Ed Moya kicks off today with a look ahead to Trump’s speech at the Economic Club of New York. Trade will be a major focus mostly in terms of the US/China Phase 1 deal and rolling back of tariffs but the US/Europe trade war in terms of auto tariffs could be brought up as well. We also look at the general health of the US markets and the recent weakness in gold.

Click here to follow along with Ed over at OANDA.


Comments:
  1. On November 12, 2019 at 10:19 am,
    larry says:

    https://tos.mx/OLUQfvW
    If you had to go long /GC this would be a reasonable opportunity from a 4 hour chart perspective…Wave g pattern down plus increasing RSI at each wave down plus at this moment a bullish hammer…Next immediate resistance is the TAS point of control, the middle blue hash line

  2. On November 12, 2019 at 11:16 am,
    CFS says:

    The stock market rise is due to money seeking return on investment AND cheap money seeking real things……companies ARE real things.

    When the market momentum breaks, however, some money will leave quite quickly.

  3. On November 12, 2019 at 12:08 pm,
    Matthew says:
  4. On November 12, 2019 at 12:11 pm,
    Matthew says:
  5. On November 12, 2019 at 3:03 pm,
    Wolfster says:

    Interesting copper article about short contract covering and increase in long activity
    https://www.kitco.com/news/2019-11-11/COLUMN-Funds-are-starting-to-turn-more-bullish-on-copper-Andy-Home.html