Gold weakness came as we expected but there is still no confirmation that the short-term top is in. A break below $1,195-97 will confirm the correction has started. Gold is expected to reach at least $1,180 as a pullback and retracement of the rise from $1,122. Blue line – bearish divergence Gold price is testing […]
Overview Gold price faces strong resistance at 1,218.55, which forces the price to drop again and approach the 1,210.00 barrier. Meanwhile, the price remains within the bullish channel that has been formed since the end of the last year. To keep the bullish trend active until now, supported by the EMA50, we are waiting until […]
Overview Silver is trading with a slight bullish bias after it kept its stability above the support base formed above the correctional bearish channel’s resistance. You can judge the developments on the chart. The price is moving inside a minor bullish channel that supports the bullish scenario in the upcoming sessions. The metal is waiting […]
A weak US Dollar has sparked a gold rally but it could only be short lived. Jens Pedersen, Danske Bank You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#204425 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 […]
Recently, gold has been trading sideways at the price of $1,213.00. In the Daily time frame and using the Ichimoku cloud, I found that price is in the Ichimoku Cloud (equilibrium). The trend according to the daily time frame is neutral to bearish. According to the 30M time frame, I found potential double top formation […]
Carbon emissions are a nightmare in Chinese large cities. Power supply comes mainly from coal and kills the climate. Nuclear power is the option for the future with zero emissions, Jochen Staiger, CEO & Founder, Swiss Resource Capital AG. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#200882 […]
Gold price has made a double top at $1,220. Despite the continued Dollar weakness Gold has not managed to break to new highs. There are several bearish short-term indications and I continue to expect a pullback towards $1,160-$1,180. Blue line – bearish divergence Arrows – double top Short-term resistance is at $1,220. If broken, we […]
EURUSD trades above 1.0750 on comments from US Treasury Secretary nominee Steven Mnuchin about the strong USD weakened the greenback further. USD is vulnerable to Trump’s lack of clear economic policies and could move higher should unclarity continue. GBPUSD awaits the Supreme Court announcement today on whether it is the government or parliament that can […]
Overview Gold price shows some bearish bias after testing the recently recorded top at 1,218.55, while the price is still trapped inside the bullish channel that appears on the chart. Please note that the EMA50 protects trading inside this channel to keep the bullish trend scenario active for today. The mentioned level is expected to […]
Overview Silver price managed to breach the correctional bearish channel’s resistance and settled above it. This supports the continuation of our bullish trend scenario in the short term. The way is open to visit 17.43 level that represents the first main target. Therefore, we are waiting for a more obvious bullish bias on the intraday […]
Recently, gold has been trading upwards. The price tested the level of $1,219.15. In the 4H time frame and using the Ichimoku cloud, I found that there is potential re-continuation of the upward trend. I found cross Tenkan sen-Kijun sen which is a sign for potential strength. According to the 1H time frame, I found […]
Outlook and forecast for energy in 2017, Dr. Torsten Dennin, Tiberius Asset Management AG. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#200880 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 bounced strongly towards its recent highs but what I see is a backtest of the broken channel. Price however remains in a bullish short-term trend as long as we are trading above $1,195. Red lines -bullish channel Gold price continues to trade above the 4-hour Ichimoku cloud. Support is at $1,200 and at […]
What effects precious metals in 2017? Dr. Torsten Dennin, Tiberius Asset Management AG. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#200877 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 la […]
Valuations of oil, gas and mining in 2017. Dr. Torsten Dennin, Tiberius Asset Management AG. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#200878 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 […]
Overview Gold price bounced lower after testing the previously broken bullish channel’s support, which turned into resistance at $1,209.85. The price needs to breach this level to resume the main bullish trend. The initial target is located at $1,218.55 and the next one lies at $1,249.94. We will keep our positive outlook in the upcoming […]
Overview Silver resumed its upward trend after declining yesterday. The price is approaching the correctional bearish channel resistance again, as the EMA50 managed to protect the price from suffering more losses. Silver continues trading with bullish bias, targeting the 17.43 level initially. Therefore, we wait for more upside moves in the upcoming sessions. Breaching the […]
Recently, gold has been trading sideways at the price of $1,203.00. In the 4H time frame and using the Ichimoku cloud, I found that there is potential space for a downward correction. I found cross Tenkan sen-Kijun sen which is a sign for potential weakness and it is weak sell signal on 4H time frame. […]
Today is Donald Trump’s inauguration day, the ceremony will take place in Washington D.C. Donald Trump will officially become the 45th president of the United States. Gold prices have rebounded since mid-December, after testing the significant support line at $1120. On the 4 hourly chart, gold has been trading along the downside uptrend line support […]
Gold price so far has made a shallow correction as low as $1,194 where prices reached the 4-hour Ichimoku cloud support and bounced back above $1,200. Gold price could see $1,210-15 today but bulls need to be very cautious as a break below $1,194 will open the way for a push towards $1,180-70. Red lines […]
Higher precious metals prices from here on are more likely. Stefan Gleason, Money Metals Exchange. http://www.moneymetals.com You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#204088 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: […]
Recently, gold has been trading downwards. The price tested the level of $1,197.39. On the 30M time frame, I found strong Fibonacci resistance levels near the price of $1,204.50. There is corrective Fibonacci expansion 100% and Fibonacci retracement 38.2%. My advice is to watch for potential selling opportunities. Stochastic seems to be overbought, which is […]
The ECB rate decision will be the market focus for today. The Central Bank is not expected to make any changes to its monetary policy or altering its QE program since the last time they did so 6 weeks ago. In the US, the Philly Fed Manufacturing index is also out to be released. Yesterday, […]
Gold price made a strong reversal yesterday, broke below $1,200 and exited the bullish channel. We could see a bounce to backtest the broken channel today but overall I believe Gold has made a short-term top and a pullback is justified towards $1,180. Red lines – bullish channel Gold continues to trade above the Ichimoku […]
Overview Gold price eventually confirmed breaching $1,211.31 after closing the daily candlestick above it. This supports the continuation of the bullish rally on the intraday and short-term basis. Besides, it opens the way towards $1,249.94 in the short run. The metal is to trade within the bullish channel that is displayed on the chart. Therefore, […]
Overview Silver price managed to surpass the $17.00 barrier and settle above it, where it faces the resistance of the correctional bearish channel that appears on the chart. The metal is likely to breach this resistance to confirm the continuation of the rise in the short term. Its next target is seen at $17.43. In […]
Recently, gold has been trading sideways at the price of $1,212.14, heading upwards. On the 4H time frame, I found an upward channel, which is holding successfully and also there is successful rejection from 25SMA displaced 5, which provides good support. The trend is bullish and you should look for buying opportunities. I placed Fibonacci […]
Gold price remains inside the bullish channel and is making higher highs and higher lows. Trend remains bullish in the short term. We might see a pullback towards $1,200-$1,210. There are several divergence signs but no reversal signal. Red lines – bullish channel Gold price is trading above the Ichimoku cloud and inside the bullish […]
Overview The gold price shows slight positive trading gradually approaching our first awaited target at 1,211.31 and keeps moving inside the bullish channel shown on the chart. The EMA50 protects trading inside this channel, providing positive chances of breaching the mentioned level followed by opening the way to 1,249.94. Therefore, we still expect the bullish […]
Overview The silver price continues to move within a tight range around 16.80. Stochastic has been getting rid of its negativity gradually approaching the oversold areas. This forms a positive factor that we are waiting to make the price resume the bullish trend in the upcoming period, which next main target is located at 17.43. […]
