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Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 23/08/19 Gold consolidates near the top The precious metal made little moves for the most part this week. Price action remains strongly entrenched near the highs. However, the gradual decline is showing that the consolidation could morph into a…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 21/08/19 Gold attempts a modest rebound The precious metal was seen paring losses after falling for two consecutive days. The declines in the precious metal came as investors were seen digesting the negative news about the economy. The fears…
Gold, Oil and EURUSD Weekly Analysis - Week 34 Gold logs another week of gains The precious metal had ample reasons to maintain the rally amid a week that was capped with a lot of volatility and numerous themes playing out. The main reasoning being that investors are concerned about…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 16/08/19 Gold fails to capitalize on market sentiment The recent market sentiment saw investors rushing to safe haven assets. However, gold prices failed to make any new breakthroughs. The previously established highs near 1530 remain untested yet. This has…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 14/08/19 Gold eases off six-year highs The precious metal managed to initially rise to new highs of 1534.89 before turning bearish on the day. Price action was a bit volatile as the day’s range on Tuesday managed to engulf…
Gold, Oil and EURUSD Weekly Analysis - Week 33 Gold holds at the top end of the rally Gold prices closed the week near the $1500 an ounce psychological level. Price action remained firm near the highs as the bullish rally showed no signs of giving up. However, considering the…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 09/08/19 Gold rises to new six year high The precious metal was seen rising to a fresh six year high, as prices briefly topped the $1500 an ounce level. The gains came on the back of strong risk aversion…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 07/08/19 Gold, on track to hit $1500 The precious metal managed to regain strong momentum since the start of the week. The gains came following the escalating trade wars with the United States and China. This saw China responding…
Gold, Oil and EURUSD Weekly Analysis - Week 32 Gold recovers back to the highs to the end of the week The precious metal was seen closing a rather volatile week. After initially falling to a two-week low, gold prices settled back near the previously established highs by Friday’s close.…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 01/08/19 Gold recovers from Fed led declines The precious metal was seen lifting off an eleven-day low on Thursday evening. This came after the Fed cut rates by just a quarter basis point. The central bank also signaled that…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 31/07/19 Gold holds steady ahead of Fed meeting The precious metal has been rallying for two consecutive days so far, although it still remains off the previous week’s highs. Price action remains muted for the moment and it is…
Gold, Oil and EURUSD Weekly Analysis - Week 31 Gold stays in a holding pattern ahead of Fed meeting The precious metal closed the week in the red, posting modest declines. However, gold prices remain anchored close to the six-year high. This comes ahead of the FOMC meeting due later…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 26/07/19 Gold weaker after ECB’s signals QE plans The precious metal was seen trading weaker on Thursday. This came after the ECB announced plans to lower interest rates and perhaps even restart its QE program. The dovish comments from…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 24/07/19 Gold consolidates into a rising wedge The precious metal which posted strong declines last Friday has been maintaining a sideways trend. With price closing back below the support area of 1420, we see a rising wedge pattern taking…
Gold, Oil and EURUSD Weekly Analysis - Week 30 Gold tests 1450 and retreats Gold prices gave one final push as price action rallied on Friday to post a fresh six-year high. The gains in the precious metal came following the breakout of the resistance area near 1420. This led…

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