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Tuesday, 04 June 2019 16:27
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 05/06/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 05/06/19 Gold settles above 1300 after three day gain The solid gains in gold prices were seen stalling by Tuesday’s close. However price was well settled above the 1300 range. The doji close near the top end of the…
Saturday, 01 June 2019 06:17
Gold, Oil and EURUSD Weekly Analysis - Week 23
Gold, Oil and EURUSD Weekly Analysis - Week 23 Gold posts a second week of gains Gold prices surged over 1.3% by Friday’s close capping a volatile trading week. The strong gains in gold prices reflected the market’s shift to a risk off sentiment amid growing trade tensions. The ongoing…
Friday, 31 May 2019 03:30
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 31/05/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 31/05/19 Gold retraces losses and remains volatile Gold prices were seen recovering sharply on the day on Thursday as price reversed the losses from earlier in the week. The reversal in gold prices comes amid heightened volatility in the…
Tuesday, 28 May 2019 15:48
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 29/05/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 29/05/19 Gold declines as the head and shoulders pattern gains momentum Gold prices were seen opening the week on a soft note but by Tuesday, as the U.S. and the UK markets returned from the Monday bank holiday, gold…
Saturday, 25 May 2019 03:42
Gold, Oil and EURUSD Weekly Analysis - Week 22
Gold, Oil and EURUSD Weekly Analysis - Week 22 Gold closes flat as bias mixed The precious metal was seen extending some modest gains on Friday last week. Price action settled back close to the 1285 handle marking another modest test of the resistance level. The Stochastics oscillator based on…
Friday, 24 May 2019 04:49
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 24/05/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 24/05/19 Gold retests 1285 resistance as the head and shoulders pattern evolves Gold prices bounced sharply on Thursday as price action posted strong gains. This led gold to reclaim the 1285 level which is currently being tested as resistance.…
Tuesday, 21 May 2019 15:36
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 22/05/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 22/05/19 Gold attempts to consolidate near the lows The recent declines in gold prices were seen stalling as price action remains subdued near the lows of 1270. At the time of writing, XAUUSD was seen testing the 1270 handle…
Saturday, 18 May 2019 06:56
Gold, Oil and EURUSD Weekly Analysis - Week 21
Gold, Oil and EURUSD Weekly Analysis - Week 21 Gold closes weaker as bearish trend likely to resume Gold prices extended declines for the most part of the week reversing the gains logged from the week before. The declines mark nearly four consecutive daily sessions where price declines. As a…
Thursday, 16 May 2019 16:02
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 17/05/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 17/05/19 Gold tests the 1285 support Gold prices gave up the gains made earlier this week. Price slipped back to the 1285 handle on Thursday. This marks a retest of the 1285 level as support which previously served as…
Wednesday, 15 May 2019 04:04
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 15/05/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 15/05/19 Gold likely to shift bias to the upside The recent gains in gold prices have pushed prices to test the 1300 mark. This meant that gold prices broke past the 1285 resistance level. The price action indicates that…
Sunday, 12 May 2019 05:33
Gold, Oil and EURUSD Weekly Analysis - Week 20
Gold, Oil and EURUSD Weekly Analysis - Week 20 Gold resettles near 1285 resistance The price action in gold last week was volatile. By Friday’s close, prices settled back near the key resistance area of 1285. The rebound back to this level came as gold briefly dipped lower, only to…
Thursday, 09 May 2019 16:09
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 10/05/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 10/05/19 Gold prices testing the 1285 resistance Price action remains choppy across the markets. The volatility comes amid Trump’s tweets about China’s trade negotiations and tensions surrounding Iran’s threat to withdraw from the nuclear deal. Gold prices as a…
Tuesday, 07 May 2019 17:05
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 08/05/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 08/05/19 Gold looks choppy as bias mixed Gold prices were seen surging in the first half of the week. The gains came after the markets opened to the news on Monday about Trump’s renewed threats on China. The trade…
Saturday, 04 May 2019 05:04
Gold, Oil and EURUSD Weekly Analysis - Week 19
Gold, Oil and EURUSD Weekly Analysis - Week 19 Gold finds support off the long term trend line Gold prices rebounded on Friday as price action managed to retrace the losses from Thursday. The rebound in the price coincides with a weaker ISM non-manufacturing PMI and the dynamic support off…
Thursday, 02 May 2019 16:35
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 03/05/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 03/05/19 Gold extends declines but still remains flat Gold prices fell on Thursday, a day after the Federal Reserve’s meeting saw the forward guidance not as dovish as expected. The precious metal extended declines to test lows of 1266.18…
