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Thursday, 26 September 2019 16:26
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 27/09/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 27/09/19 Will gold prices correct lower? The precious metal posted a rebound to form a lower high at 1535 and promptly retreated lower. Price action broker past the support area to settle at 1503 by Wednesday’s close. Following this,…
Tuesday, 24 September 2019 20:43
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 25/09/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 25/09/19 Gold prices extend gains to the upside The precious metal was seen extending gains for four consecutive sessions. This has pushed the precious metal off the lows near 1497. However, traders will be watching to see if the…
Saturday, 21 September 2019 05:31
Gold, Oil and EURUSD Weekly Analysis - Week 39
Gold, Oil and EURUSD Weekly Analysis - Week 39 Gold advances with weekly gains The precious metal managed to rebound higher and closed on a bullish note. This marks the first bullish close after three consecutive weeks of declines. However, question remains on whether this upside bounce will help recover…
Thursday, 19 September 2019 16:01
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 20/09/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 20/09/19 Gold prices muted to Fed decision The precious metal was seen trading muted to the FOMC decision on Wednesday. With global market sentiment broadly quiet, the risk appetite has kept the precious metal in check. This potentially limits…
Tuesday, 17 September 2019 16:06
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 18/09/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 18/09/19 Gold moves to a holding pattern ahead of Fed meeting The precious metal was posting modest gains on Tuesday. However, the price action remains rather muted with XAUUSD trading within the range. We anticipate that this sideways range…
Saturday, 14 September 2019 05:43
Gold, Oil and EURUSD Weekly Analysis - Week 38
Gold, Oil and EURUSD Weekly Analysis - Week 38 Gold prices form a bearish reversal pattern The precious metal, failing to capitalize on the gains from Thursday closed in the red by end of last week. This marks a bearish reversal pattern near the resistance area of 1497 on the…
Thursday, 12 September 2019 18:05
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 13/09/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 13/09/19 Gold likely to continue further declines The precious metal attempted to post a modest rebound following Wednesday’s bullish close. However, price action saw a bit of volatility before settling modestly lower from the intraday highs. Gold prices remain…
Tuesday, 10 September 2019 16:13
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 11/09/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 11/09/19 Gold looks poised to bounce higher The precious metal was easing back after testing recent highs. The declines came on the back of improving risk sentiment in the markets. The cool off of trade narrative between the U.S.…
Saturday, 07 September 2019 05:38
Gold, Oil and EURUSD Weekly Analysis - Week 37
Gold, Oil and EURUSD Weekly Analysis - Week 36 Gold turns bearish for the second week The precious metal closed with losses for the second consecutive week. This came after prices maintained a healthy bullish trend. The reversal off the highs near 1557 saw prices turning lower by Friday’s close.…
Thursday, 05 September 2019 16:43
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 06/09/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 06/09/19 Gold prices drop as U.S. data unexpectedly stronger than forecast The precious metal was seen erasing some of the recent gains after it fell over 2% during the day on Thursday. Gold prices, which were hovering near a…
Tuesday, 03 September 2019 16:09
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 04/09/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 04/09/19 Gold rebounds as recession fears strikes again The precious metal was seen extending gains for the most part this week. The rebound comes after gold prices closed bearish last week. Fears of recession rose once again after the…
Saturday, 31 August 2019 06:43
Gold, Oil and EURUSD Weekly Analysis - Week 36
Gold, Oil and EURUSD Weekly Analysis - Week 36 Gold marks a bearish close in four weeks Gold accelerated the declines for three consecutive days and closed the week on a bearish note. This was the first bearish close in nearly four weeks. The declines however come as gold prices…
Thursday, 29 August 2019 17:05
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 30/08/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 30/08/19 Gold likely to start a correction The precious metal, after weeks of maintaining a bullish rally is seen turning weaker since Thursday. Price action on the daily chart indicates that a bearish follow through could signal the start…
Tuesday, 27 August 2019 16:40
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 28/08/19
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 28/08/19 Gold maintains upside momentum The precious metal was seen resuming the bullish trend this week. The gains came despite some initial market nervousness. Gold prices however look to be forming a top. This is evident from the Stochastics…
Saturday, 24 August 2019 04:34
Gold, Oil and EURUSD Weekly Analysis - Week 35
Gold, Oil and EURUSD Weekly Analysis - Week 35 Gold rebounds as risk appetite falls Investors bid up the precious metal higher on Friday. This came due to renewed trade tensions between the U.S. and China. After China announced that it was raising tariffs on over $75 billion worth of…
