Recently, gold has been trading upwards. As I expected, the price tested the level of $1,237.14. According to the 30M time frame, I found head and shoulders formation (bearish), which is a sign that buying looks risky. My advice is to watch for potential selling opportunities. The first target is set at the price of […]
The price made a pullback late last week but prices bounced back up towards the first short-term resistance at $1,235. Gold remains resilient despite the Dollar strength of the last few sessions. This implies strength in Gold. Gold is in a medium-term uptrend targeting $1,280-$1,320 over the next month. Red line – resistance Blue line […]
Overview Gold price shows positive trading now in attempt to regain its bullish track that stopped temporarily after yesterday’s decline. Notice that stochastic begins to overlap positively on the 4-hour time frame. That supports the chances for the rise without the need to hit the level of 1,211.31. Therefore, we believe that there are chances […]
Overview The price of silver has been providing negative trading since yesterday to approach from testing the intraday bullish channel’s support, which meets the EMA50 besides 50% Fibonacci correction level at 17.43. That forms a solid support base there, accompanied by stochastic reach to the oversold areas. It is adding more strength to the mentioned […]
GOLD continued it bullish counter move from the late December 2016, and continuing the bullish trend in non-volatile manner after massive sell off in 2016. Yesterday, USD had some pressure after the Unemployment claims positive report which resulted the price to proceeding down toward 1,218.91. In few weeks, Trump will be revealing the tax plan […]
Technical outlook: A 4H chart view has been presented here to understand the wave structure since December 15, 2016. The yellow metal has formed a meaningful bottom at $1,122.00 level around December 15, 2016, and since then has rallied through $1,245.00 level making a series of higher highs and higher lows as seen here. According […]
Recently, gold has been trading downwards. The price tested the level of $1,221.70. According to the 15M time frame, I found bullish hidden divergence in the progress. My advice is to watch for potential buying opportunities. There is a broken supply trendline in the background. I have placed Fibonacci retracement to find potential upward targets. […]
The dollar stood atop large gains early today after soaring broadly overnight on comments by U.S. President Donald Trump that he would announce the most ambitious tax reform plan since the Reagan era in the next few weeks. The U.S. dollar dropped against the CAD on Thursday, despite the release of upbeat U.S. jobless claims data, […]
2017 is a good year for Cotton farmers. Louis Rose, President of Risk Analytics You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#205669 Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian 用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman Regardez […]
Gold price made a short-term reversal yesterday. The price has broken through support and finally the bearish divergence signals from the oscillators have been confirmed. The pullback was justified and normally this is inside the medium-term uptrend we are in. Blue line – support (broken) Gold price is heading towards the cloud support at $1,210. […]
Have fundamental drivers for gold changes since Donald Trump gained presidency? Alasdair Macleod, Gold Money You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#205923 Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian 用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman […]
Recently, gold has been trading upwards. As I expcted, the price tested the level of $1,244.77. According to the 4H time frame, I found successful rejection from lower diagonal of upward channel. The trend is still bullish. Based on 1H time frame, I have found broken symmetrical triangle, which sign that gold may continue with […]
After a stellar month of January, gold prices surged to two-and-a-half month highs last week, as a tumbling U.S. dollar and geopolitical risks boosted demand for haven commodities. Spot gold (XAU/USD) settled at $1,220.28 a troy ounce on Friday, the highest since November 16. Bullion rose 2.4% during the week after adding more than 9% […]
Gold price made a new higher high yesterday at $1,244.50 and is now trading around $1,240. Trend remains bullish. The price is approaching our short-term target of $1,250 where we could see some kind of a deeper pullback maybe towards $1,230. Blue line – trendline support Gold price is holding above the tenkan-sen (red line […]
Overview Gold resumes its positive trading after the temporary slight decline that appeared yesterday. The level of $1,235.00 is to be tested. We expect continuation of the upside movement in the upcoming sessions with the next target located at $1,249.94. In general, gold is trading within the bullish channel, which keeps our positive expectations valid […]
Overview Silver price shows calm bullish bias in attempt to resume the short-term bullish trend. The price is supported by the EMA50, waiting for a rally towards 18.30 as the first target. Stochastic’s negativity explains the reasons for the recent sideways fluctuation. Silver needs to gain enough positive momentum to continue the main bullish trend. […]
Recently, gold has been trading upwards. The price tested the level of $1,239.78. According to the 4H time frame, I found successful rejection from lower diagonal of upward channel. The trend is bullish. Based on 1H time frame, I have found broken horizontal base, which is a sign that an upward trend may continue. I […]
The price is moving sideways in the short term. The price is making shallow pullbacks, another sign of strength. The trend remains bullish. Oscillators provide divergence signals but there is no reversal sign yet. Blue line – trendline support Black lines – sideways channel Green lines – expected path Gold continues to make higher highs […]
Overview The price shows more slight negative attempts to settle near 1,230.00 now, while the overall positive scenario remains active until now. It is organized within the bullish channels that appear in the above chart and supported by the EMA50. The price is waiting for heading towards 1,249.94 as the next main station. We remind […]
Overview The price provides slight negative trading approaching from the critical support base at 17.43, where the price is affected by stochastic negativity. At the same time the EMA50 continues to provide support for the price from below, which keeps the main bullish trend scenario active until now, targeting 18.30 level mainly. We remind you […]
Recently, gold has been trading upwards. As I expected, the price tested the level of $1,235.70. According to the 30M time frame, I found a hidden unconfirmed bearish divergence in the background and broken upward trendline, which is a sign of potential weakness. My advice is to watch for potential selling opportunities. The price also […]
Gold price continues higher above $1,230 as we expected. A small pullback is justified but overall trend remains bullish targeting around $1,250 at first and the next is at $1,300-$1,320. Gold has made a very important low at $1,122 and is now in a new uptrend that is expected to push the prices above $1,400 […]
Recently, gold has been trading upwards. As I expeted, the price tested the level of $1,225.05. According to the 15M time frame, I found a hidden unconfirmed bearish divergence in the background, which is a sign of potential weakness. My advice is to watch for potential selling opportunities. Anyway, to confirm potential downward movement, I […]
Gold price continues to make higher highs and higher lows. The price has broken and closed above $1,212 on a weekly basis opening the road for a move towards $1,300. The trend remains bullish. As long as the price is above $1,200 bulls are in control. Blue line is short-term support trend line Gold is […]
Britain’s referendum and their vote to leave the European Union, together with the United States elections which led to the victory of now president Donald Trump, pushed investors towards investing in gold. The price of the yellow shiny metal reached its highest level of the last three years during 2016 given the demand shown by […]
Overview Gold price keeps its stability above the support base formed above the previously breached resistance line that appears on the chart. Meamwhile, stochastic begins to provide positive overlapping signal on the four-hour time frame, which supports the continuation of our bullish overview for the rest of the day. Wait for head towards 1,249.94 that […]
Overview Silver price settles within tight range keeping its stability above the intraday bullish channel’s support. Thus, there will be no change on the expected bullish trend scenario for today. It gets positive support by the EMA50 and stochastic, waiting for target 18.30 level as the next main station. Take into consideration that holding above […]
Recently, gold has been trading downwards. The price tested the level of $1,210.94. According to the 15M time frame, I found a hidden unconfirmed bullish divergence in the background. My advice is to watch for potential buying opportunities. Anyway, to confirm bullish divergence the price needs to go above $1,218.00. The price traded above top […]
Strikes in the world’s biggest Copper mine in Chile, as well as supply issues in the second biggest in Indonesia, are encouraging high prices. Stuart Burns, MetalMiner. http://agmetalminer.com/ You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#205438 Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian 用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese Miren Dukascopy […]
The US jobs report for January is set to be released today at 1330 GMT, just two days after the Federal Open Market Committee (FOMC) announced its decision to keep interest rates unchanged on Wednesday, as widely expected. NFP predictions: Goldman Sachs: Expects a January non-farm payrolls print of 200k and the unemployment rate to […]
