Dlamini_SS

Dlamini_SS Updated 

TVC:GOLD has reached an all time high of $3500. It further created a LH @ $3435 in the daily TF. This signals the beginning of a possible down trend of the commodity with the current fundamentals as confluence. Furthermore, TVC:GOLD is likely to reach level $3160 and possibly test levels as low as $2960, below the much acclaimed $3000 support structure.

Dlamini_SS Updated 

JSE:SOL credit rating has been stamped with a Ba1 by Moody's which is very unfavourable to the company, wholistically. This is as a result of its weakening operating performance mainly attributed to low demand in the chemicals market and weak oil prices. With expectations of higher FX:USOIL prices and JSE:SOL being pretty much undervalued, trading near its...

Dlamini_SS

Considering the current countries in conflict - FX:USOIL is in the middle of it. This will lead in a high demand but low supply of the commodity resulting in a soaring bullish move, fundamentally. Technically, the commodity has created a LL in the current year, tapping lows last touched since 2021 and has further recovered from last years close of 71.899. ...

Dlamini_SS

The FX:GBPUSD pair is projected to reach a high of 1.403 in the near future, driven by a combination of factors including improving UK economic data, hawkish signals from the Bank of England, and a weakening U.S. dollar amid expectations of Federal Reserve rate cuts. Market sentiment has turned increasingly bullish on the pound, supported by...

Dlamini_SS Updated 

OANDA:XAUUSD is likely headed for another high and a daily close of $3420 as highlighted in the previous idea under it's notes. 3rd Top.

Dlamini_SS Updated 

The South African JSE stock has been gradually degrading for the past 3-4 years. It has reached support level 1633 ZAC which was last tapped in 2020. There is a possibility that it might drop even lower but we are in the mid trough or end of its depressing stage of its cycle before recovery commences . Overall JSE:SSW is a good pick for long term investing.