This is a special technical analysis report on Saturday, June 2nd, 2018. I look at a range of assets or currencies ranging from gold to the Australian dollar. I look closely at the short term and longer term technical picture for bitcoin and note how we are very close to a big move either up or down even though my guess would be higher.
I alos look closely at the price of gold not only in dollars but also in other major fiat currencies like the British pound, the Canadian dollar and the Aussie dollar.
The technicals for the stock market (Dow) are also showing continued uncertainty for this sector of the financial markets.
I encourage viewers to take technical analysis as one of the tools they use when considering trading and investing but alos not make it the only factor in their decisions. I point out that I look at fundamentals and other factors too when making my decisions.
This analysis does not constitute financial advice and is my opinion only.
