Overview: The NZD/USD pair didn’t make any significant movements yesterday. There are no changes to my technical outlook. The bias remains bullish in nearest term, testing 0.7557 or higher. The price is set at the pivot point of 0.7391 currently. On the daily chart, the NZD/USD pair continued moving upwards from the level of 0.7260 […]
Firesteel took the opportunity at the bottom of the precious metal markets to acquire this gold mine and is financed to bring it back into production in summer 2018, 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/#233762 Смотрите […]
GOLD PRICES in the global wholesale markets bounced $10 from an overnight drop to $1334 on Tuesday as Chinese demand held firm ahead of next month’s Lunar New Year and volatility in the currency markets switched to Sterling amid fresh wrangling over Brexit. With 3 weeks until Chinese New Year – now the heaviest […]
Overview: The pivot of NZD/USD pair is seen at the point of 0.7391. The bias remains bullish in the nearest term testing 0.7557 or higher. On the daily chart, the NZD/USD pair continued moving upwards from the level of 0.7260 (golden ratio). The pair rose from the level of 0.7260 (weekly support) to the top […]
The Asian part of Tuesday’s listing is marked by a further strengthening of the US Dollar, which is strongly opposed by the Japanese Yen (0.2%), due to excellent retail sales data for December (0.9% m / m, consensus: -0.4%.). The above fact is not favorable for investors in Tokyo, where the Nikkei 225 index valuation […]
Gold has pulled back towards cloud support as expected after breaking below the tenkan- and kijun-sen. Trend remains bullish as long as price is above the 4 hour cloud, but we are now at an important junction. The weekly chart is showing rejection signs. Gold price is testing the 4 hour Kumo (cloud) support at […]
Gold has formed a really strong reversal of a cup and handle formation. We look to sell below major resistance at 1344 (Fibonacci retracement, horizontal overlap resistance, cup and handle breakout level) where a strong drop is expected to push the price down to at least 1325 support (Fibonacci retracement, horizontal overlap support, Fibonacci extension). […]
Gold generated a nice buy signal and it looks like a new trends is established. Longer term we see a price target above 1,700 $ per ounce gold. Silver needs a bit longer but will rise even stronger with price targets around 50$per ounce, Jochen Staiger, CEO & Founder, Swiss Resource Capital AG. You can […]
GOLD PRICES slipped slightly back on Monday morning in London as the US Dollar surged after 6 straight weeks of losses, writes Steffen Grosshauser at BullionVault. Gold traded $6 below last week’s close at $1349 per ounce after touching an 18-month high at $1365 early on Friday. US Treasury bonds meantime extended their […]
The new week starts well with the US Dollar, although the changes are not big enough to look for a specific justification for the willingness of market participants to take profits off the table. The stock market in Asia has a mixed session behind, Nikkei 225, for a moment, enjoyed an increase of 0.65%, but […]
Gold price is showing signs of weakness and could pull back towards cloud support of $1,330 before resuming the upward trend. Trend remains bullish. Gold price is trading below both the Tenkan- and Kijun-sen. Besides, it is trading above the 4 hour cloud. The short-term trend is bullish as long as price is trading above […]
U.S. Gold moves on their pathway to bring the Copper King project into production as fast as possible. The new PEA show in December 2017 gave the markets very positive indication that this project once in production can make money. Copper and gold are metals in high demand and the initial projected mine life is […]
GOLD PRICE gains from last Friday of 2.6% slipped to 1.5% against the US Dollar in London trade today, leaving the metal just $1.10 per ounce below a near 4-year high at its weekly close. The Dollar eased back but held half of yesterday’s sharp rebound from its lowest FX value since late 2014 […]
Overview Silver price is crawling upwards gradually since this morning to move above 17.43 level, which supports our bullish overview for the short term. This outlook is also supported by the EMA50 that carries the price from below, waiting to target 18.30 level as the next main station. Let me remind you that the expected […]
Overview Gold has been trading with an upward bias since morning to start testing 1,357.50 level. The price needs to breach this level to ease the mission of a further overall bullish trend. So the price is moving inside the bullish channel in a regular manner. In general, we still suggest the bullish trend for […]
Great PEA delivered – What’s next on U.S. Gold? Edward Karr, President, CEO & Chairman, U.S. Gold Corp. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#233695 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 […]
Jokes, art, gold and a final use for the Don’s ‘weak Dollar’ policy… THAT Nancy Spector at the Guggenheim in New York sounds like a right card, writes Adrian Ash at BullionVault. Her newly leaked email to the Trump White House of last September declined to lend Don and Mel their desired Van Gogh (‘Landscape […]
President Trump’s words about the strength of the US Dollar gave fuel to strengthen the currency, but the Asian session brings another retreat. GBP, AUD and NOK are leading the rise; EUR / USD returns at 1.2450. Stock markets are undecided, Japanese Nikkei 225 fell 0.16% (under the pressure of a USD / JPY pull-back), […]
Gold price reversed from $1,266 level towards $1,340 to back test the break out level as expected. So far, the back test was successful as price is bouncing strongly back above $1,355. Magenta line – long-term resistance Gold price remains in a bullish trend. Kijun-sen support at $1,346 was respected in the 4 hour chart. […]
Overview Gold price is testing the support base formed at 1,357.50 after breaching it previously. The price needs to hold above this level to ensure the continuation of the expected positive scenario in the short term. The EMA50 still supports the price and protects it inside the bullish channel that appears on the chart. So […]
Overview Silver price is fluctuating at 17.43 now. As long as the price is above this level, the bullish trend will remain dominant in the upcoming sessions. Breaking it will put the price under the negative pressure again. The price may visit areas that start at 16.75 before any new attempt to rise. The EMA50 […]
GOLD PRICES hit new 17-month highs against the Dollar above $1360 per ounce at the start of London dealing on Thursday, rising as the US currency extended its slump after President Donald Trump’s Treasury Secretary said he welcomed a “weak Dollar”. Gaining for the 12th time in 18 trading days so far in 2018, […]
GOLD ETF trust fund trading saw bullion prices rise within $5 per ounce of last September’s 13-month high on Wednesday in Londonas the US Dollar fell to new 3-year lows on the FX market and Japan led a retreat in world stock markets from record-high levels. As gold prices moved above $1352 per ounce […]
Recently, Gold has been trading upwards. The price tested the level of $1,350.60. According to the 30M time – frame, I found that price broke the resistance cluster at the price of $1,344.65, which is a sign that buyers are in control. Now, the strong resistance cluster at the price of $1,344.65 became strong support […]
It was a hard night for the US Dollar, which loses to all major currencies, and the US Dollar index is the lowest for over three years. The strongest are JPY and CHF. USD/JPY violated 110, EUR/USD trying to break 1.23, GBP/USD approached the 1.4050. The stock market does not show a clear direction, but […]
The Gold price remains in a bullish trend. The price is about to make one more new higher high above $1,344.30. Despite the bearish divergence signs price continues to rise above the cloud respecting support levels. Red lines – bearish divergence Support is at $1,337 and next and more important short-term support at $1,332. As […]
Recently, the Gold has been trading upwards. As I expected, the price tested the level of $1,388.00. According to the 30M time – frame, I found potential bearish pennant pattern in creation, which is a sign of potential weakness. I also found a hidden bearish divergence on the stochastic oscillator, which is another sign of […]
GOLD PRICES erased last week’s drop against the Dollar in Asian and London trade Tuesday, rising to $1337 per ounce even as the US currency held firm on the FX market. World stock markets followed Wall Street higher to new all-time records after the Senate ended the 3-day government shutdown by extending 2017’s budget […]
Overview Gold price begins today’s trading with a calm bullish bias after retesting the previously breached resistance of the bullish flag pattern. This price action supports our bullish outlook for the short term. We believe that the way is open to visit 1,357.50 that represents our next main target. Therefore, we are waiting for more […]
Overview The tight range is setting the tone for trading silver. The metal is trading around 17.00 level. Please note that stochastic begins to overlap positively on the daily time frame. We are waiting until the price gains momenrum to resume the bullish trend. Targets are set by testing 17.43 level. Therefore, we are keeping […]
