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Thursday, 14 May 2020 14:44
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 15/05/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 15/05/20 Gold prices rise as tensions between US and China escalate Gold is finally breaking out from its range as a war of words between President Trump and China saw investors shifting out of risk assets. This modest risk…
Tuesday, 12 May 2020 14:44
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 13/05/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 13/05/20 Gold prices hold steady amid doubts of economies reopening The precious metal is trading firmly near the consolidation levels seen since the past few weeks. The bias remains flat amid concerns of a second wave of the pandemic…
Saturday, 09 May 2020 04:29
Gold, Oil and EURUSD Weekly Analysis - Week 20
Gold, Oil and EURUSD Weekly Analysis - Week 20 Gold’s consolidation shows no signs of a breakout yet The precious metal continues to trade flat, albeit near the current highs frustrating traders. The sideways range between 1730 and 1684 is now into its third consecutive week, raising questions on when…
Thursday, 07 May 2020 15:41
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 08/05/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 08/05/20 Gold prices trade flat ahead of payrolls report The precious metal offset the losses from the previous session, rising over 1% intraday on Thursday. This comes as gold prices are trading flat since the past six consecutive sessions.…
Tuesday, 05 May 2020 15:23
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 06/05/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 06/05/20 Gold prices trade flat as risk appetite improves The precious metal is trading flat as a stronger dollar and rising risk appetite are putting gold on the sidelines. With various economies reopening for business, investors are expecting a road to recovery. Although…
Saturday, 02 May 2020 05:27
Gold, Oil and EURUSD Weekly Analysis - Week 19
Gold, Oil and EURUSD Weekly Analysis - Week 19 Gold prices rebound modestly off support The precious metal closed with modest gains, rising 0.89% on Friday. Although the European and some parts of Asia were closed due to the May 1st bank holiday. The rebound off the 1680 technical support suggests…
Thursday, 30 April 2020 16:00
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 01/05/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 01/05/20 Gold prices hold steady near support The precious metal is trading rather flat after the previous rally. However, there are initial signs that the upside is exhausted. This comes following the lower high formation few days ago. But…
Tuesday, 28 April 2020 14:47
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 29/04/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 29/04/20 Gold prices retreat for the third consecutive day The precious metal is posting losses for the third consecutive day, offset by the declines from last Friday. Gold prices are easing back amid talks about various countries ending lockdown…
Saturday, 25 April 2020 04:19
Gold, Oil and EURUSD Weekly Analysis - Week 18
Gold, Oil and EURUSD Weekly Analysis - Week 18 Gold rises slightly but bias remains mixed Gold prices rose slightly into Friday’s close, although prices were bearish despite testing intraday highs. Price action was largely muted with not much happening. Given the way gold is position right now, we expect…
Thursday, 23 April 2020 16:23
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 24/04/20
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…
Tuesday, 21 April 2020 15:39
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 22/04/20
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…
Saturday, 18 April 2020 04:18
Gold, Oil and EURUSD Weekly Analysis - Week 17
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.…
Thursday, 16 April 2020 15:44
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 17/04/20
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.…
Tuesday, 14 April 2020 15:49
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 15/04/20
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.…
Saturday, 11 April 2020 05:19
Gold, Oil and EURUSD Weekly Analysis - Week 16
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…
