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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…
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…
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…
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…
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…
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…
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…
Saturday, 31 October 2020 06:14

Gold, Oil and EURUSD Weekly Analysis - Week 45

Gold, Oil and EURUSD Weekly Analysis - Week 45 Gold attempts to recover loses The precious metal was trading weaker over the week, as price action is move lower following the break down near the 1900 handle. This has pushed price action closer to the 1850 level. However, the precious…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 30/10/20 Gold breaks down lower The precious metal gave up its sideways range as price capitulated after failing to post any major gains. The declines in the gold prices comes as the U.S. stimulus bill plans have stalled. This…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 28/10/20 Gold trades flat above support level The precious metal is trading flat for nearly three daily sessions so far. Price action has been consolidating with no clear direction yet. The price action reflects the current market sentiment as…
Saturday, 24 October 2020 03:37

Gold, Oil and EURUSD Weekly Analysis - Week 44

Gold, Oil and EURUSD Weekly Analysis - Week 44 Gold ends week with muted gains The precious metal gave back much of the intra-week gains into Friday's close. The muted close comes ahead of a key week that includes central bank meetings from the Bank of Japan, Bank of Canada…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 23/10/20 Gold loses its shine near 1920 The precious metal is giving back all the gains made on Wednesday. The declines come as investors remain cautious on the U.S. stimulus bill, also known as the Coronavirus bill. News about…

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