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Tuesday, 13 August 2019 17:09
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 14/08/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 14/08/19 Gold eases off six-year highs The precious metal managed to initially rise to new highs of 1534.89 before turning bearish on the day. Price action was a bit volatile as the day’s range on Tuesday managed to engulf…
Saturday, 10 August 2019 06:54
Gold, Oil and EURUSD Weekly Analysis - Week 33
Gold, Oil and EURUSD Weekly Analysis - Week 33 Gold holds at the top end of the rally Gold prices closed the week near the $1500 an ounce psychological level. Price action remained firm near the highs as the bullish rally showed no signs of giving up. However, considering the…
Thursday, 08 August 2019 16:55
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 09/08/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 09/08/19 Gold rises to new six year high The precious metal was seen rising to a fresh six year high, as prices briefly topped the $1500 an ounce level. The gains came on the back of strong risk aversion…
Tuesday, 06 August 2019 17:13
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 07/08/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 07/08/19 Gold, on track to hit $1500 The precious metal managed to regain strong momentum since the start of the week. The gains came following the escalating trade wars with the United States and China. This saw China responding…
Saturday, 03 August 2019 03:39
Gold, Oil and EURUSD Weekly Analysis - Week 32
Gold, Oil and EURUSD Weekly Analysis - Week 32 Gold recovers back to the highs to the end of the week The precious metal was seen closing a rather volatile week. After initially falling to a two-week low, gold prices settled back near the previously established highs by Friday’s close.…
Thursday, 01 August 2019 16:50
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 02/08/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 01/08/19 Gold recovers from Fed led declines The precious metal was seen lifting off an eleven-day low on Thursday evening. This came after the Fed cut rates by just a quarter basis point. The central bank also signaled that…
Tuesday, 30 July 2019 16:02
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 31/07/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 31/07/19 Gold holds steady ahead of Fed meeting The precious metal has been rallying for two consecutive days so far, although it still remains off the previous week’s highs. Price action remains muted for the moment and it is…
Saturday, 27 July 2019 04:47
Gold, Oil and EURUSD Weekly Analysis - Week 31
Gold, Oil and EURUSD Weekly Analysis - Week 31 Gold stays in a holding pattern ahead of Fed meeting The precious metal closed the week in the red, posting modest declines. However, gold prices remain anchored close to the six-year high. This comes ahead of the FOMC meeting due later…
Thursday, 25 July 2019 17:19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 26/07/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 26/07/19 Gold weaker after ECB’s signals QE plans The precious metal was seen trading weaker on Thursday. This came after the ECB announced plans to lower interest rates and perhaps even restart its QE program. The dovish comments from…
Wednesday, 24 July 2019 05:49
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 24/07/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 24/07/19 Gold consolidates into a rising wedge The precious metal which posted strong declines last Friday has been maintaining a sideways trend. With price closing back below the support area of 1420, we see a rising wedge pattern taking…
Saturday, 20 July 2019 05:09
Gold, Oil and EURUSD Weekly Analysis - Week 30
Gold, Oil and EURUSD Weekly Analysis - Week 30 Gold tests 1450 and retreats Gold prices gave one final push as price action rallied on Friday to post a fresh six-year high. The gains in the precious metal came following the breakout of the resistance area near 1420. This led…
Thursday, 18 July 2019 15:58
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 19/07/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 19/07/19 Gold prices stay firm near six year high The precious metal was seen posting modest gains by Thursday’s close. Price action turned bullish over the week but price was still seen struggling near the highs of 1420. This…
Tuesday, 16 July 2019 15:36
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 17/07/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 17/07/19 Gold likely to turn bearish near the top Gold prices have practically stalled in their gains. The resistance area of 1420 has failed to be breached. Price action has been repeatedly testing this resistance level but to no…
Saturday, 13 July 2019 04:40
Gold, Oil and EURUSD Weekly Analysis - Week 29
Gold, Oil and EURUSD Weekly Analysis - Week 29 Gold rally likely to pause The precious metal closed last week near the highs after the strong rally that was seen in the consecutive weeks before. With prices stalling near the highs, the gains in the precious metal look to have…
Thursday, 11 July 2019 17:01
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 12/07/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 12/07/19 Gold rallies on Powell dovish remarks Gold prices posted strong gains on Wednesday evening after the Fed Chair Jerome Powell gave his testimony to U.S. Congress. In his prepared remarks, Powell hinted that the Fed could cut rates…
