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Tuesday, 22 December 2020 17:14
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 23/12/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 23/12/20 Gold stuck between 1900 and 1850 The precious metal is trading flat, albeit well settled above the 1850 level. Price action was a bit volatile at the start of the week after news broke of a new Coronavirus…
Saturday, 19 December 2020 05:32
Gold, Oil and EURUSD Weekly Analysis - Week 52
Gold, Oil and EURUSD Weekly Analysis - Week 52 Gold settles within 1900 and 1850 range The precious metal was seen trading rather subdued on Friday. However, this comes after three consecutive daily gains. Gold prices managed to close above the 50 day moving average and as a result, price…
Thursday, 17 December 2020 15:30
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 18/12/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 18/12/20 Gold rises on stimulus bets The precious metal rose over one percent intraday on hopes that the U.S. government will release a new stimulus package. The gains come a day after the Federal Reserve meeting. The main outcome…
Tuesday, 15 December 2020 15:40
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 16/12/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 16/12/20 Gold prices gain as new stimulus plan proposed The precious metal is trading stronger on Tuesday following news reports from the US Congress that a bipartisan deal on a new Coronavirus stimulus bill would be agreed upon soon.…
Saturday, 12 December 2020 06:28
Gold, Oil and EURUSD Weekly Analysis - Week 51
Gold, Oil and EURUSD Weekly Analysis - Week 51 Gold steadies below 1850 The precious metal was trading flat for two consecutive days following a brief rise above the 1850 level earlier in the week. Overall, price action remains rather muted amid various narratives. Investors continue to wait in anticipation…
Thursday, 10 December 2020 16:41
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 11/12/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 11/12/20 Gold prices remain muted The precious metal is not making any major gains or losses after settling above the 1850 handle. The gains came early on in the week after the U.S. dollar fell to a new two…
Tuesday, 08 December 2020 17:58
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 08/12/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 08/12/20 Gold prices hit 50-day moving average The precious metal is holding steady after it rose past the key 1850 level earlier this week. The pause comes after a one day strong rally in prices. The gains pushed gold…
Saturday, 05 December 2020 06:51
Gold, Oil and EURUSD Weekly Analysis - Week 50
Gold, Oil and EURUSD Weekly Analysis - Week 50 Gold prices close with a spinning top The gains posted by the precious metal over the week culminated with weekly gains. However, the precious metal closed with a spinning top pattern on Friday, after three days of gains. This candlestick pattern…
Thursday, 03 December 2020 18:05
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 04/12/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 04/12/20 Gold prices steady after modest correction The precious metal was bullish earlier this week. The gains came on the back of the U.S. dollar weakening on stimulus prospects. The fundamentals also coincided with the bullish divergence in prices…
Tuesday, 01 December 2020 18:19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 02/21/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 02/21/20 Gold prices recover after selloff The precious metal is making attempts to pare previous losses. After losing the 200-day moving average support, gold is back on the front foot. The gains come largely due to the weakening in…
Saturday, 28 November 2020 07:24
Gold, Oil and EURUSD Weekly Analysis - Week 49
Gold, Oil and EURUSD Weekly Analysis - Week 49 Gold slips past the 200-day moving average The precious metal renewed its downside bias on Friday as price broke past the 200-day moving average. However, the declines were marked by holiday thin trading and therefore, we could expect to see a…
Thursday, 26 November 2020 19:32
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 27/11/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 27/11/20 Gold prices steady near the 200-day moving average The precious metal is trading flat for the second consecutive day. There were no big movements in the gold markets, with U.S. traders closed due to Thanksgiving holiday. Following the…
Tuesday, 24 November 2020 19:05
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 25/11/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 25/11/20 Gold slips to 200-day moving average The precious metal is down for the second consecutive day posting strong losses. The declines come as Oxford and AstraZeneca announced the success of their Covid-19 vaccine. This brings the total count…
Saturday, 21 November 2020 07:02
Gold, Oil and EURUSD Weekly Analysis - Week 48
Gold, Oil and EURUSD Weekly Analysis - Week 48 Gold tracks losses for second consecutive week The precious metal continued to trade weaker, albeit with the momentum slowing. The precious metal closed with losses for the second consecutive week as investor optimism was boosted by the Coronavirus vaccine. Price action…
Thursday, 19 November 2020 18:19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 20/11/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 20/11/20 Gold prices weaker on a firm dollar The precious metal is breaking down from its range over the past few days. A rising U.S. dollar and the vaccine hopes are pushing investors to riskier assets. This is making…
