GOLD PRICE

Gold Price Analysis: The next dip may provide a buying opportunity – Confluence Detector

BY TAKER 

05 AUG 2020 

Gold has been edging higher but seems shy of staging a major breakout. The precious metal is pushed higher by the failure of American politicians to reach an agreement on extending federal unemployment benefits and other emergency programs. That implies a bigger package down the road – and more importantly for XAU/USD more monetary stimulus.

On the other hand, hopes for a coronavirus vaccine remain robust as Novavax and other companies are moving forward to provide immunization. Stocks, bonds, and precious metals are looking for a new direction. 

How is gold positioned on the charts? Significant hurdles loom over XAU/USD, implying another attempt to push the precious metal to the upside seems futile. However, after extending the downward correction, gold may be ready for the next bullish move – as fundamentals continue pointing higher. 

The Technical Confluences Indicator is showing that gold is initially capped at $1,975, which is a cluster including the Simple Moving Average 5-15m, the SMA 10-1h, the Bollinger Band 15min-Middle, the BB 1h-Middle, and several other SMAs. 

The most significant resistance is at $1,985, which is the all-time high and also where the BB 4h-Upper and Fibonacci 23.6% one-day converge.

Some support awaits at $1,968, which is the confluence of the SMA 100-1h, the previous 4h-low, and the SMA 5-one-day.

A more considerable cushion is at $1,952, which is the meeting point of the Fibonacci 38.2% one-week and the BB 4h-Lower. 

All in all, the path of least resistance is to the upside.

Key XAU/USD resistances and supports

Confluence Detector

The Confluence Detector finds exciting opportunities using Technical Confluences. The TC is a tool to locate and point out those price levels where there is a congestion of indicators, moving averages, Fibonacci levels, Pivot Points, etc. Knowing where these congestion points are located is very useful for the trader, and can be used as a basis for different strategies.

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'TOP FIVE AQUARIUMS IN NORTH AMERICA'

NATIONAL

TEXAS STATE AQUARIUM NAMED NUMBER 4 IN USA TODAY’S 'TOP FIVE AQUARIUMS IN NORTH AMERICA'

BY| | TAKER

MONDAY 20TH JULY 

With the help of faithful Texas State Aquarium goers and enthusiasts, TSA was able to secure another spot this year as one of America's top five aquariums.

"The Aquarium has been nominated for USA TODAY’s ranking of top aquariums several times in the past and held the spot at #4 from 2019! The Aquarium’s top 5 distinction comes after recently celebrating its 30th Anniversary on July 6, 2020," stated TSA officials.
With the help of faithful Texas State Aquarium goers and enthusiasts, they were able to secure another spot as one of America's top five aquariums.
Throughout the years the Texas State Aquarium has not only become a favorite attraction and a place to educate visitors but is also a place known for its pro-active approach in conservation efforts from the Texas Coast and beyond.
The Texas State Aquarium treats and releases numerous shore birds, as well as sick and injured sea turtles through their Wildlife Rescue Center. Those rescue efforts will expand even further with a new Center for Wildlife Rescue and Research that the Aquarium plans to build on its campus in the next few years, according to officials.
“It is an honor to be named as one of the top aquariums in North America, and the number one aquarium in Texas,” said President and CEO, Tom Schmid.
“We would like to thank all of our dedicated fans, our members, and all those who voted for us. Even in these extraordinarily difficult times, it is a blessing to be able to celebrate an honor such as this.”

CORPUS CHRISTI, Texas — The Texas State Aquarium announced on Thursday, July 17, that it has been named as the #4 Aquarium in North America by USA TODAY, as chosen by online voters.
Officials say the Texas State Aquarium, the largest aquarium in Texas, was nominated by a panel of experts in July for the 10 Best Readers’ Choice Award for Best Aquarium in North America, along with 20 other leading aquariums that, according to the publication, “represent the best in North America for their high-quality exhibits and visitor interactions.”

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BUILDING A HUMAN SETTLEMENT ON MARS WITHIN THE NEXT 100 YEARS. BY UAE SPACE PROJECTS

Show caption

Space

UAE successfully launches Hope probe, Arab world’s first mission to Mars

A rocket carrying the unmanned probe, known as Al-Amal in Arabic, joins China and US in race to red planet.

“What is unique about this mission is that for the first time the scientific community around the world will have an holistic view of the Martian atmosphere at different times of the day at different seasons,” Sharaf told a pre-launch briefing.

“We have a strategy to contribute to the global effort in developing technologies and science work that will help one day if humanity decides to put a human on Mars.”

BY|| TAKER

Monday 20 JULY

The first Arab space mission to Mars has blasted off aboard a rocket from Japan, with its unmanned probe – called Al-Amal, or Hope – successfully separating about an hour after liftoff.

A live feed of the launch showed the rocket carrying the probe lifting off from the Tanegashima Space Centre in southern Japan at 6.58am (9.58pm GMT).

Almost exactly one hour later, the feed showed people applauding in the Japanese control room as the probe successfully detached.

In Dubai, the launch was met with rapturous excitement, with the UAE Mars mission’s deputy project manager Sarah al-Amiri declaring it “an indescribable feeling” to see the probe blasting off.

“This is the future of the UAE,” Amiri, who is also minister of state for advanced sciences, told Dubai TV from the launch site.

The Emirati project is one of three racing to Mars, including Tianwen-1 from China and Mars 2020 from the United States, taking advantage of a period when the Earth and Mars are nearest.

In October, Mars will be a comparatively short 38.6m miles (62m km) from Earth, according to Nasa.

Hope is expected to reach Mars’s orbit by February 2021, marking the 50th anniversary of the unification of the UAE, an alliance of seven emirates.

Unlike the two other Mars ventures scheduled for this year, it will not land on the planet, but instead orbit it for a whole Martian year, or 687 days.

While the objective of the Mars mission is to provide a comprehensive image of the weather dynamics in the red planet’s atmosphere, the probe is a foundation for a much bigger goal – building a human settlement on Mars within the next 100 years.

The UAE also wants the project to serve as a source of inspiration for Arab youth, in a region too often wracked by sectarian conflicts and economic crises.

On Twitter, the UAE’s government declared the probe launch a “message of pride, hope and peace to the Arab region, in which we renew the golden age of Arab and Islamic discoveries.”

Several dozen probes – most of them American – have set off for Mars since the 1960s. Many never made it that far, or failed to land.

The drive to explore Mars flagged until the confirmation less than 10 years ago that water once flowed on its surface.

Omran Sharaf, the mission’s project manager, has said the Hope probe will offer a special perspective on the elusive planet.    ----------------------------------------------------------------

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World Cup 2018, Brazil vs Mexico Live Score: Neymar Goal Gives Brazil 1-0 Lead Over Mexico

FIFA World Cup 2018, Live Football Match Score, Brazil vs Mexico: A Brazil side finding their stride in Russia after a slow start are arguably the toughest challenge Mexico could have asked for.

Techenonik 

Updated: July 02,2018

 
 
 
 
 

FIFA Football World Cup 2018: The match is being played at Samara Arena, Samara.© AFP

Brazil and Mexico were goalless at halftime in their World Cup last 16 game in a balmy Samara on Monday as Mexico, eliminated at this stage in the last six tournaments, made most of the early running but too often over-elaborated when in range. Tournament favourites Brazil took a long time to get going in the face of some hard-working Mexican pressing but went closest to opening the scoring when Neymar and Gabriel Jesus both had shots blocked by keeper Guillermo Ochoa. Mexicans started brilliantly as Javier Henrnadez and Hirving Lozano asked a lot of questions at the start but after twenty minutes into the game both Neymar and Gabriel Jesus continuously troubled the Mexican defenders. Although possession at halftime were almost equal but Brazil certainly looked a better team on the ground.(Live Score: Brazil vs Mexico)

Live Updates Between Brazil vs Mexico, 2018 FIFA World Cup, straight from Samara Arena

21:02 IST: 76th minute! FOUL! Carlos Salcedo booked by the referee for an ugly tackle. 

20:59 IST: Gabriel Jesus with a brilliant footwork just outside Mexican box but the ball finally ends in goalkeeper hands. Brazil 1-0 Mexico

20:58 IST: No bookings there! Match resumes. Neymar continues to play. Brazil 1-0 Mexico

20:56 IST: Neymar is Down! Looks in excruciating pain.

20:53 IST: That should have been 2-0 in favour of Brazil but Neymar misses! Willian ran brilliantly with the ball but Neymar just could not provide the finish. Brazil 1-0 Mexico

20:50 IST: Hirving Lozano with the cross but there is no one to collect it.

20:49 IST: Willian with a cracker of a shot but saved brilliantly by the goalkeeper 

20:48 IST: After 62 minutes possession is 50-50 for both the teams but Brazil has the lead. Brazil 1-0 Mexico

20:44 IST: Do not count Mexico out yet! Carlos Vela with brilliant shot but equally well saved by the Brazilian goalkeeper. 

20:44 IST: Ohh No!!! That could have been 2-0 for Brazil. Paulinho shot saved brilliantly by the Mexican goalkeeper. Brazil 1-0 Mexico

20:41 IST: Neymar looking for goal number 2 but the ball goes over the post. Mexico struggling at the moment. Brazil 1-0 Mexico

20:40 IST: Brilliant run from Willian. Hector Herrera booked for a ugly tackle. Brazil 1-0 Mexico

20:36 IST: GOAL! 51st minute! Neymar scores the first goal for Brazil in the match. Willian with the cross and Neymar scores with a slide. Brazil 1-0 Mexico

20:35 IST: Jesus Gallardo with an ambitious curling kick but misses! 

20:33 IST: Philippe Coutinho with quick powerful kick but brilliant save from Mexican goalkeeper. 

20:31 IST: Substitution for Mexico as second half begins. M. Layun comes in to replace Marquez

20:31 IST: Whistle from the referee! Second half begins! Brazil 0-0 Mexico

20:24 IST: Here are some stats at halftime!

20:15 IST:  45 minutes are up. HALFTIME! Brazil 0-0 Mexico

20:13 IST: Filipe Luis booked by the referee for an ugly tackle. Mexico with a free kick! Offside! 

20:10 IST: 40 minutes are up! Both teams still goalless but Mexico are living dangerously. Brazil has been on the top in last 15 minutes.

20:08 IST: Neymar with the free kick but the ball is too high and wide

20:07 IST: Neymar is Down! Edson Alvarez booked by the referee for a horrendous tackle. First yellow card of the match. 

20:05 IST: Fagner with an ugly tackle at the centre of the pitch. Free kick for Mexico. 

20:04 IST: Willian with the corner but cleared easily by the Mexican defenders.

20:02 IST: Gabriel Jesus with the strike but saved by the Mexican goalkeeper. 

20:00 IST: 30 minutes are up! Both teams looking equally aggressive now but Brazil just seems to have the edge. 

19:59 IST: Edson Alvarez with a brilliant tackle! Super save from him

19:54 IST: Philippe Coutinho shoots but the ball goes over the goalpost. Brazill are looking in rhythm now. 

19:54 IST: Great run by Neymar but danger averted by Mexican goalkeeper!

19:51 IST: Hector Herrera was looking dangerous there inside the Brazilian box but defenders yet again win the ball back.

19:50 IST: Brazil has 56 percent of possession after 20 minutes but Mexico are looking more aggressive. 

19:47 IST: Lozano again in the Brazilian box but yet again fails to get past Brazilian defence.

19:46 IST: Willian earns the first corner for Brazil. Cleared!

19:44 IST: Hirving Lozano takes a shot on the post but the ball goes wide. 

19:43 IST: Javier Henrnadez asking a lot of questions at the moment. Brilliant run from him

19:39 IST: Corner for Mexico! Offside whistle from referee.

19:36 IST: Both teams have shown brilliant intent in the opening minutes of the game but Mexico have dominated possession.

19:34 IST: Philippe Coutinho in Mexican box but looses the ball to the defender.

19:32 IST: First corner for Mexico! Cleared by Brazilian defence easily.

19:30 IST: KICKOFF! Mexico get the match underway.

19:27 IST: Handshakes all around. We are all set!

19:22 IST: Both teams are at the centre along with the match officials for the national anthems. We are just minutes away from KICKOFF! 

19:00 IST: Fact - Brazil have progressed from the (first) group stage for the 13th World Cup in a row, the longest active streak. They now face the team with the second-longest running streak of qualifying for the next round, Mexico, who have reached the Round of 16 seven times in a row.

18:50 IST: Both teams are on the pitch for the warm-ups.

18:49 IST: Brazil are going in the match with 4-2-3-1 formation while Mexico have opted for 4-3-3 formation. 

18:40 IST: Both teams arrived at the Samara Arena a short while back.

18:35 IST: Samara Arena is all set.

18:31 IST: Starting XI for both the teams announced! Luis in for Marcelo, Marquez handed first start against Brazil. Marcelo misses out for Brazil, Gabriel Jesus keeps his place.

18:30 IST: Hello and welcome to the live blog of the Round of 16 match between Brazil vs Mexico straight from Samara Arena. 

"What greater motivation could you need when we face off against the five-time champions? It's the perfect scene. It's the biggest game of our lives." Mexico's last-16 misfortunes have often come down to the finest of margins. Defeat on penalties to surprise package Bulgaria in 1994 started an inauspicious run. They blew a lead against Germany four years later and against Argentina in 2006. Conceding twice to the Netherlands in the final minutes four years ago hurt more than most defeats, with a controversial penalty awarded for a theatrical Arjen Robben tumble deep into stoppage time sending the Dutch into the last eight. VAR (the video assistant referee) should prevent a repeat of that injustice, but Guardado has warned Italian referee Gianluca Rocchi not to be fooled by any playacting from the world's most expensive player, Neymar. "We all know who Neymar is, but it isn't up to me or my team to judge him, but the referees and FIFA," he said. "Now there's VAR they need to watch his style and know how to manage it."We know he likes to exaggerate fouls, throw himself on the ground a lot, but that's his style of play and the person who needs to stop that is the referee, not us."

A Brazil side finding their stride in Russia after a slow start are arguably the toughest challenge Mexico could have asked for as they were punished for failing to back up victories over Germany and South Korea with defeat to Sweden to finish second in Group F. Under Colombian coach Juan Carlos Osorio, though, Mexico approach every game seeking to impose themselves rather than in fear of the opposition. "We will try to be more offensive-minded and more driven towards winning games rather than just being happy to be there and trying to not get embarrassed or playing not to lose," said Osorio ahead of the tournament.

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