#1

Hi Guys,

This is the first text for a weekly Bulletin. Just a few ideas. First, I expect gold to break through $1700 and further up to $1800 till the end of April, beginning of May. Second, I expect W shaped not V shaped reversal, i.e. the recent bounce I believe will not last long. Finally, oil as usually is totally unpredictable, so it’s hardly makes sense to play with it at all unless we see a firm and clear new trend.

Good luck and stay healthy.

Best regards,

Al

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#2
19 April, 2020

Hello, Guys, Gold – it achieved $1747.81, but failed to move further, because of better sentiment in global equity markets mostly due to Trump’s plan of reopening of economy. Weekly graphs don’t look very optimistic and I expect $1660- $1640 levels before the reversal. S&P, FTSE100, DAX – We saw first consecutive weekly gains since February. Indexes continued to recover after February-March meltdown. The dueling sentiments have helped the S&P 500 nearly halve its loss …

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