Title
by Americanbulls.com LLC
Last Update
02/24/2020
^BCOMGCC
Bloomberg Gold Subindex Capped
Last Signal: SELL
Last Pattern: BEARISH HARAMI
Last Close:
138.0061
Change:
-1.1803
Percent change
-0.85%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH HARAMI pattern finally received a confirmation because the values crossed below the confirmation level which was at 138.4132, and our valid average selling value stands now at 138.1689. The previous BUY signal was issued on 02/12/2020, 12 days ago, when the index value was 135.5538. Since then ^BCOMGCC has risen by +1.93%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern consists of a white body and a small black body that is completely inside the range of the white body. If an outline is drawn for the pattern, it looks like a pregnant woman. This is not a coincidence. “Harami” is an old Japanese word for “pregnant”. The white candlestick is “the mother” and the small candlestick is “the baby”. more...
Signal History
Date 
Price 
Signal 
 
$100⇨ 
02/24/2020138.1689SELL 93.63
02/12/2020135.5538BUY 92.04
01/09/2020142.8553SELL 92.22
01/07/2020144.3484BUY 93.37
12/31/2019142.8274SELL 93.56
12/20/2019141.1032BUY 92.62
12/18/2019140.7105SELL 92.81
12/04/2019137.4439BUY 90.84
12/02/2019136.6338SHORT 91.75
11/21/2019138.4654BUY 93.35
11/19/2019137.9272SHORT 94.09
11/13/2019138.9357BUY 95.16
11/08/2019140.2002SELL 95.35
11/04/2019142.2519BUY 96.94
10/28/2019140.3588SELL 97.13
10/17/2019139.1538BUY 96.49
10/10/2019138.4147SHORT 97.40
10/03/2019138.4571BUY 97.82
09/18/2019140.8011SELL 98.02
09/16/2019142.4868BUY 99.39
09/06/2019138.6920SELL 99.59
08/29/2019138.7091BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
02/24/2020138.1689SELL 93.20
02/12/2020135.5538BUY 91.62
01/09/2020142.8553SELL 91.80
01/07/2020144.3484BUY 92.95
12/31/2019142.8274SELL 93.14
12/20/2019141.1032BUY 92.20
12/18/2019140.7105SELL 92.38
12/04/2019137.4439BUY 90.42
12/02/2019136.6338SHORT 91.32
11/21/2019138.4654BUY 92.92
11/19/2019137.9272SHORT 93.66
11/13/2019138.9357BUY 94.72
11/08/2019140.2002SELL 94.91
11/04/2019142.2519BUY 96.49
10/28/2019140.3588SELL 96.68
10/17/2019139.1538BUY 96.04
10/10/2019138.4147SHORT 96.94
10/03/2019138.4571BUY 97.36
09/18/2019140.8011SELL 97.56
09/16/2019142.4868BUY 98.93
09/06/2019138.6920SELL 99.13
08/29/2019138.7091BUY 99.34
08/19/2019137.0052SHORT 100.99
08/08/2019137.2057BUY 101.54
07/16/2019139.4927SELL 101.74
07/10/2019138.6692BUY 101.34
07/01/2019138.5207SELL 101.54
06/14/2019134.5757BUY 98.85
06/10/2019133.1485SHORT 100.32
05/28/2019134.7528BUY 101.94
05/17/2019135.8019SHORT 101.56
05/14/2019134.7156BUY 101.15
04/11/2019139.3059SELL 101.35
04/01/2019138.0849BUY 100.66
03/22/2019138.8363SELL 100.86
03/12/2019137.0957BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
02/24/2020138.1689SELL 100.18
02/12/2020135.5538BUY 98.48
01/09/2020142.8553SELL 98.68
01/07/2020144.3484BUY 99.91
12/31/2019142.8274SELL 100.11
12/20/2019141.1032BUY 99.10
12/18/2019140.7105SELL 99.30
12/04/2019137.4439BUY 97.19
12/02/2019136.6338SHORT 98.16
11/21/2019138.4654BUY 99.88
11/19/2019137.9272SHORT 100.67
11/13/2019138.9357BUY 101.81
11/08/2019140.2002SELL 102.01
11/04/2019142.2519BUY 103.71
10/28/2019140.3588SELL 103.92
10/17/2019139.1538BUY 103.23
10/10/2019138.4147SHORT 104.20
10/03/2019138.4571BUY 104.65
09/18/2019140.8011SELL 104.86
09/16/2019142.4868BUY 106.33
09/06/2019138.6920SELL 106.54
08/29/2019138.7091BUY 106.77
08/19/2019137.0052SHORT 108.55
08/08/2019137.2057BUY 109.14
07/16/2019139.4927SELL 109.36
07/10/2019138.6692BUY 108.93
07/01/2019138.5207SELL 109.15
06/14/2019134.5757BUY 106.25
06/10/2019133.1485SHORT 107.83
05/28/2019134.7528BUY 109.57
05/17/2019135.8019SHORT 109.17
05/14/2019134.7156BUY 108.73
04/11/2019139.3059SELL 108.95
04/01/2019138.0849BUY 108.21
03/22/2019138.8363SELL 108.43
03/12/2019137.0957BUY 107.29
02/26/2019138.5856SELL 107.51
02/20/2019139.7065BUY 108.60
02/07/2019137.3590SELL 108.82
01/09/2019135.4931BUY 107.56
12/06/2018138.0737SELL 107.78
11/28/2018136.1716BUY 106.51
11/20/2018139.1326SHORT 104.71
11/14/2018137.7885BUY 104.11
11/06/2018139.1120SHORT 103.54
11/02/2018139.1755BUY 104.00
10/08/2018141.3868SELL 104.21
10/01/2018139.7646BUY 103.22
09/27/2018138.7757SELL 103.43
09/18/2018136.4502BUY 101.90
09/14/2018136.6603SHORT 102.15
09/10/2018136.8544BUY 102.71
09/04/2018137.6475SHORT 102.53
08/24/2018138.2140BUY 103.37
08/09/2018139.9121SELL 103.58
07/20/2018138.5356BUY 102.77
07/02/2018143.2974SHORT 99.86
06/22/2018144.7384BUY 101.27
06/11/2018148.5962SHORT 99.10
06/07/2018149.0450BUY 99.80
† Trade commissions are taken as 0.20%.

Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Americanbulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Americanbulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Americanbulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Americanbulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.