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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…
Tuesday, 17 November 2020 18:30
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 18/11/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 18/11/20 Gold trades flat for the second consecutive day The precious metal is trading flat for the second consecutive day. Price action has no impetus for any clear direction at this point. While gold prices initially fell on the…
Saturday, 14 November 2020 05:09
Gold, Oil and EURUSD Weekly Analysis - Week 47
Gold, Oil and EURUSD Weekly Analysis - Week 47 Gold ends the week on a bearish note The precious metal was trading weaker over the past week, giving back almost all the gains made from the week before. It was a volatile week in the markets, with the initial euphoria…
Thursday, 12 November 2020 17:03
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 13/11/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 13/11/20 Gold prices steady near 1850 handle The precious metal is attempting to make a modest recovery following the sell off from earlier in the week. As a result, price action is trading flat however, supported by the 1850…
Tuesday, 10 November 2020 17:09
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 11/11/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 11/11/20 Gold posts sharp declines from 1950 The precious metal fell sharply on Monday after news that Pfizer's COVID-19 vaccine had a 90% success rate. This led to a strong risk on rally in the markets with gold prices…
Saturday, 07 November 2020 04:43
Gold, Oil and EURUSD Weekly Analysis - Week 46
Gold, Oil and EURUSD Weekly Analysis - Week 46 Gold rises to a two-month high The precious metal settled on Friday with some modest gains. Although closing higher for the week, gold prices made most of the gains on Thursday. The gains came as the U.S. dollar began to weaken…
Thursday, 05 November 2020 15:07
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 06/11/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 06/11/20 Gold rises to a two-month high The precious metal is posting strong gains on Thursday, rising nearly 2% on the day. As a result, the precious metal is trading near a two-month high. The gains come on the…
Tuesday, 03 November 2020 15:18
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 04/11/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 04/11/20 Investors bid up gold price on Election day The precious metal is holding a three-day winning streak reflecting the cautious investor sentiment. Prices have managed to reverse from the 29th October lows of 1867 to reclaim the 1900…
