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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…
Thursday, 09 April 2020 15:55
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 10/04/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 10/04/20 Gold prices extend gains on new stimulus plans The precious metal is up over 2% on the day. The gains came after the U.S. Federal Reserve announced a fresh stimulus plans of about $2.3 trillion dollars. This has…
Tuesday, 07 April 2020 16:08
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 08/04/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 08/04/20 Gold rallies to a one-month high The precious metal continues to maintain strong gains as prices tested a one-month high on Tuesday. This comes after a steady few sessions which saw gold prices rising rapidly. With the equity…
Saturday, 04 April 2020 05:19
Gold, Oil and EURUSD Weekly Analysis - Week 15
Gold, Oil and EURUSD Weekly Analysis - Week 15 Gold rises for three consecutive days The precious metal is up over 2.78% since the past three days, although price action remains confined to the bearish candlestick from Tuesday’s declines. Therefore, there is a chance that we could expect price to…
Thursday, 02 April 2020 15:51
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 03/04/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 03/04/20 Gold climbs for second consecutive day The market sentiment is slightly improving with gold prices rising for the second consecutive day. This comes following a strong decline from the previous session. However, in the medium term horizon, gold…
Tuesday, 31 March 2020 15:47
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 01/04/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 01/04/20 Gold prices consolidating after strong gains from last week Price action is taking a pause in XAUUSD after posting strong gains last week. The price action in gold saw a full recovery from the sell off from the…
