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Saturday, 18 January 2020 07:29
Gold, Oil and EURUSD Weekly Analysis - Week 4
Gold, Oil and EURUSD Weekly Analysis - Week 4 Gold prices continue to consolidate near the highs The precious metal is seen forming a holding pattern near the top with price action confined to the range and consolidating. This potentially indicates a possibility of a breakout in the near term.…
Thursday, 16 January 2020 17:37
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 17/01/20
Gold prices remain weak although upside remains The precious metal rebounded earlier in the week, following the doji pattern that was formed. However, price action is confined to Wednesday’s range. This indicates that the inside bar will result in a possible breakout in the near term. For the moment, the…
Tuesday, 14 January 2020 17:05
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 15/01/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 15/01/20 Gold loses its shine as declines set in The precious metal is clearly losing the upside momentum. Price action continues to remain to the downside, right after the precious metal hit a seven year high last week. The…
Saturday, 11 January 2020 08:08
Gold, Oil and EURUSD Weekly Analysis - Week 3
Gold, Oil and EURUSD Weekly Analysis - Week 3 Gold trims losses as bullish momentum returns The precious metal reversed losses from the two previous days to close on a bullish note on Friday. However, price remains far off from the initial highs set earlier in the week. The reversal…
Thursday, 09 January 2020 16:56
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 10/01/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 10/01/20 Gold prices decline for the second day The precious metal is seen giving back the gains for the second consecutive day. The declines were onset after gold prices reached a new seven year high just earlier this week.…
Tuesday, 07 January 2020 17:29
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 08/01/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 08/01/20 Gold breakouts higher as bullish momentum holds The precious metal continues its bullish march as gold jumped to new highs. Prices briefly touched 1588 handle before easing back by Monday’s close. The gains in gold prices come on…
Saturday, 04 January 2020 07:43
Gold, Oil and EURUSD Weekly Analysis - Week 2
Gold, Oil and EURUSD Weekly Analysis - Week 2 Gold prices on track to test September highs The precious metal rose for the fourth consecutive day. Gold prices gained over 1.5% on Friday, as the bullish momentum accelerated. The gains came as risk on sentiment overtook the markets. The news…
Thursday, 02 January 2020 17:04
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 03/01/20
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 03/01/20 Gold prices testing upper resistance The precious metal continues its bullish streak with price action rising for the third consecutive day. The gains came following a flat close earlier. Gold prices have been rising alongside a rally in…
Tuesday, 31 December 2019 14:54
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 31/12/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 31/12/19 Gold prices on track to close 2019 with 19% returns The precious metal continued its assault into higher territory, marking a likely 19% positive return on a year to date basis. Still, the precious metal is lagging behind…
Saturday, 28 December 2019 08:26
Gold, Oil and EURUSD Weekly Analysis - Week 1
Gold, Oil and EURUSD Weekly Analysis - Week 1 Gold posts an impressive rally The precious metal managed to breakout from the short-term consolidation to reclaim the 1500 level last week. The gains came purely out of year end balancing rather than a flight to safety. Gold managed to break…
Thursday, 19 December 2019 17:52
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 20/12/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 20/12/19 Gold prices consolidating into an ascending triangle The precious metal is seen trading flat albeit the consolidation is turning into an ascending triangle pattern. The resistance level is seen holding up at 1480. If this level breaks, then…
Tuesday, 17 December 2019 16:57
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 18/12/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 18/12/19 Gold prices back at resistance The precious metal was posting some modest gains since the start of the week. The gains come despite the positive trade news. But overall, price action remains flat as the holiday season kicks…
Saturday, 14 December 2019 08:13
Gold, Oil and EURUSD Weekly Analysis - Week 51
Gold, Oil and EURUSD Weekly Analysis - Week 51 Gold prices hold despite positive data The precious metal closed the week with positive gains. This comes despite some positive developments on the trade talks. On Friday, it was announced that the United States and China agreed to a trade deal.…
Thursday, 12 December 2019 17:18
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 13/12/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 13/12/19 Gold slips on renewed trade optimism The precious metal was seen posting declines on Thursday. The declines came just a day after price rallied. The declines in gold prices came largely due to the renewed trade optimism. President…
Tuesday, 10 December 2019 22:40
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 11/12/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 11/12/19 Gold trades flat ahead of Fed meeting The precious metal was seen trading flat albeit posting some modest gains over the past two days. However, the price action indicates that investors are likely waiting for the Fed meeting…
