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Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 24/04/20 Gold prices resumes rally once again An improved market sentiment is pushing the prices of gold higher as well alongside equities. As a result, prices could see a possible breakout higher off the previous lows. This could potentially…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 22/04/20 Gold prices begin short term correction Gold prices are trading lower over the past few sessions after prices touched above the 1740 handle early last week. Prices are somewhat bearish after this move higher. With the global markets…
Gold, Oil and EURUSD Weekly Analysis - Week 17 Gold prices fall and likely to correct lower The precious metal fell sharply on Friday right after prices failed to capitalize on the gains earlier last week. Failing to post new highs, gold prices are down over 1.90% into Friday’s close.…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 17/04/20 Are gold prices posting a top? The precious metal is seen regaining the losses from the day before. Price action is back trading near the previous highs albeit on an intraday basis, gold prices formed a lower high.…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 15/04/20 Gold prices maintains gains for the third consecutive session The precious metal is posting strong gains, rising for the third consecutive session. In the past three days, price action is up over 5.5% at the time of writing.…
Gold, Oil and EURUSD Weekly Analysis - Week 16 Gold prices sit at a critical level The precious metals market was closed on Friday due to Good Friday holiday. Therefore, price action was muted. Heading into Thursday’s close, gold prices settled near the 1680 handle, where resistance is identified. Although…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 10/04/20 Gold prices extend gains on new stimulus plans The precious metal is up over 2% on the day. The gains came after the U.S. Federal Reserve announced a fresh stimulus plans of about $2.3 trillion dollars. This has…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 08/04/20 Gold rallies to a one-month high The precious metal continues to maintain strong gains as prices tested a one-month high on Tuesday. This comes after a steady few sessions which saw gold prices rising rapidly. With the equity…
Gold, Oil and EURUSD Weekly Analysis - Week 15 Gold rises for three consecutive days The precious metal is up over 2.78% since the past three days, although price action remains confined to the bearish candlestick from Tuesday’s declines. Therefore, there is a chance that we could expect price to…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 03/04/20 Gold climbs for second consecutive day The market sentiment is slightly improving with gold prices rising for the second consecutive day. This comes following a strong decline from the previous session. However, in the medium term horizon, gold…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 01/04/20 Gold prices consolidating after strong gains from last week Price action is taking a pause in XAUUSD after posting strong gains last week. The price action in gold saw a full recovery from the sell off from the…
Gold, Oil and EURUSD Weekly Analysis - Week 14 Gold recovers after two weeks of sell off The precious metal recovered from the previous two weeks of declines, closing on a bullish note. Price action has recovered more than half of the losses from the past two weeks, gaining over…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 27/03/20 Gold attempts to rebound after closing with a doji The precious metal is rising over one percent, a day after closing rather flat on Tuesday. Price is nearing the 1640 handle which could turn out to become resistance.…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 25/03/20 Gold surges over 4% on Fed stimulus program The precious metal rose over 4% on the day on Tuesday. The gains came as the Federal Reserve announced an open ended bond purchase program. This has led to a…
Gold, Oil and EURUSD Weekly Analysis - Week 13 Gold prices rebound into week’s close The precious metal closed on Friday with modest gains, rising 1.71% into the close. The rebound comes after nearly two weeks of heavy market turmoil which saw gold prices falling sharply as well. The reversal…

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