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Saturday, 16 February 2019 04:58
Gold, Oil and EURUSD Weekly Analysis - Week 08
Gold, Oil and EURUSD Weekly Analysis - Week 08 Gold breaks out from the bullish holding pattern Gold prices finally broke out on Friday as price action cleared the pennant/flag pattern that formed near the top. Price closed near previous highs around 1321, just a point above the 1320 resistance.…
Friday, 15 February 2019 04:48
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 15/02/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 15/02/19 Gold prices look poised to breakout to the upside Gold remains in a consolidation phase with the daily chart still showing price action stuck within the bullish flag pattern while the four hour chart time frame showing the…
Wednesday, 13 February 2019 05:44
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 13/02/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 13/02/19 Outlook for gold remains mixed Gold prices have been consolidating since late last week. Price action has remained almost flat near the highs. This consolidation has led to gold prices forming a potential bullish flag pattern on the…
Saturday, 09 February 2019 02:03
Gold, Oil and EURUSD Weekly Analysis - Week 07
Gold, Oil and EURUSD Weekly Analysis - Week 07 Gold prices rebound but highs in place Gold prices were seen attempting to recover from the previous week's losses as price action on Thursday and Friday saw a brief reversal in price action. The rebound coincided with the retest of the…
Friday, 08 February 2019 02:18
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 08/02/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 08/02/19 Gold prices retesting the breached support level Gold was seen reversing the declines on Thursday as the retracement pushed gold prices back to test the recently breached support level at 1310 for resistance. The breakdown of this support…
Wednesday, 06 February 2019 01:48
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 06/02/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 06/02/19 Gold likely to edge lower on the head and shoulders pattern The rally in gold prices saw the precious metal testing fresh highs above 1325 levels last week. The momentum in the rally has stalled since then and…
Saturday, 02 February 2019 03:05
Gold, Oil and EURUSD Weekly Analysis - Week 06
Gold, Oil and EURUSD Weekly Analysis - Week 06 Will gold prices turn bearish? Gold prices posted strong gains on the week as price action was seen perching close to the resistance level of 1320. A brief spike above 1320 pushed gold prices to test highs of 1326 before easing…
Friday, 01 February 2019 02:23
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 01/02/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 01/02/19 Gold rally stalls, start of a decline? Gold prices were seen advancing by Thursday as price action briefly tested the highs of 1326. However, the gains were quickly erased as gold formed an inside bar on the 4-hour…
Wednesday, 30 January 2019 02:13
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 30/01/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 30/01/19 Gold, aiming for 1320 Gold prices were seen maintaining strong gains over the week. Price action, having breached the resistance level of 1300 has managed to briefly establish support at this level before surging higher. The currency pace…
Saturday, 26 January 2019 14:44
Gold, Oil and EURUSD Weekly Analysis - Week 05
Gold, Oil and EURUSD Weekly Analysis - Week 05 Gold prices test 1300 level eventually Gold prices bounced back higher by Friday's close after price action was seen holding off the support near 1280. The strong gains on the day pushed the price of precious metal higher to close above…
Thursday, 24 January 2019 16:55
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 25/01/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 25/01/19 Gold holding on to support at 1280 Gold prices attempted to break past the 1280 support level briefly but prices managed to cling on to the support level. This potentially suggests that there could be risks of the…
Tuesday, 22 January 2019 16:36
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 22/01/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 22/01/19 Gold breaks to the downside Following weeks of consolidation and staying above the 1280 handle, gold prices finally broke the range to the downside. This validates the initial view of the correction to the downside as we look…
Saturday, 19 January 2019 06:19
Gold, Oil and EURUSD Weekly Analysis - Week 04
Gold, Oil and EURUSD Weekly Analysis - Week 04 Gold breaks out to the downside Gold prices posted sharp declines on Friday as price action finally broke the weeks of consolidation. The downside breakout pushed gold prices just a few points above the 1280 handle. In the near term, the…
Thursday, 17 January 2019 17:17
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 17/01/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 17/01/19 Gold's consolidation indicates a big breakout Gold prices continued to maintain its sideways range. However, quite interestingly, the price action's range has been trending smaller. This is indicative of a potential breakout move that is likely to occur.…
Tuesday, 15 January 2019 17:23
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 15/01/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 15/01/19 Gold turns flat as volatility increases Gold prices remained trading flat for the most part this week. This flat trading range has been going on for the past eight daily sessions. As the consolidation continues, gold prices are…
