Overview Gold price confirmed breaching 1,299.20 level after closing last week above it, reinforcing the expectations of continuing the bullish trend on the intraday and short-term basis. The way is open to target 1,321.49 level that represents our next main target, noting that the EMA50 supports the expected rise. Importantly, holding above 1,299.20 represents the […]
Overview Silver price touched 17.43 level and is still stable there. We should remind you that we are waiting for a break of this level to confirm rallying towards 18.30 that represents our next main target. Therefore, no change to the bullish trend scenario that depends on holding above 16.56, as breaking this level represents […]
Precious metals history and macro-outlook from LBMA conference… LITTLE so far on precious metals prices or supply and demand at LBMA 2017 here in Barcelona, writes Adrian Ash at BullionVault. Not directly at least. But the market itself cares little about price direction. The refiners, carriers, vaulters, dealers, brokers and bankers meeting at the London […]
Trading plan for 16/10/2017: The first trading hours this week bring little traffic to the currency market. Data from China have gone unnoticed; nervous reactions also are not seen after the election results in Austria. Crude Oil goes up for fear of new sanctions for Iran. EUR/USD is trading around the level of 1.1800, USD/JOY […]
Gold price is making new higher highs today in early trading. Price has broken through the 38% Fibonacci retracement very easily as it should, since we are in a bullish trend towards new highs. Longer-term view on gold price remains bullish looking for a move above $1,400. Gold price is trading above both the tenkan- […]
Gold price made a shallow pull back yesterday towards $1,289 and is now making fresh new highs. Gold price is breaking above the 38% Fibonacci retracement and this is a bullish continuation sign. The short-term RSI is overbought and diverging. This is just a small warning that we could see another short-term pull back towards […]
Overview Gold price has been showing calm upward trading to approach the first waited target at $1,299.20, keeping the bullish trend scenario valid until now. It is supported by the EMA50 that carries the price from below. Please note that breaching the mentioned level is required to push the price towards $1,321.49 as the next […]
Overview Silver price managed to breach the resistance line that appears on the above chart and settles above it, reinforcing the expectations of continuing the bullish trend on the intraday and short-term basis, reminding you that our positive targets begin at 17.43 and extend to reach 18.30 after breaching the previous level. Stochastic negativity interprets […]
Independence a big issue as LBMA conference hits the Catalan capital… THIS WEEKEND kicks off the precious metals chit-chat and all-round fun-fest of the bullion market’s key industry event, writes Adrian Ash at BullionVault – the annual LBMA conference… …cleverly timed this year to take place in Barcelona. You’ll find all the […]
Recently, Gold has been trading upwards. The price tested the level of $1,297.50. According to the 15M time – frame, I found a successful testing of solid support at the price of $1,294.00, which is a sign that selling looks risky. The ADX indicator is above 30 level, which means that buyers are in control. […]
Trading plan for 12/10/2017: At night the US Dollar loses to other major currencies. EUR/USD continues to climb in the direction of 1.19, but the scale of the Euro strengthening is the smallest among the major currencies. USD, AUD and NZD are the strongest against USD. USD/JPY is maintained between 112.00 and 112.50. The Wall […]
Gold price has broken above the Ichimoku cloud in the short term but has also reached important Fibonacci resistance now. As long as price is above $1,260, bulls will be in control of the trend. A pullback with a higher low is justified and would give more strength to the upside momentum. In the 4-hour […]
Copper and Zinc performed very well the last months. Now gold and silver try to follow. Is this the major break out for commodity prices? 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/#219853 Смотрите Dukascopy TV на вашем […]
After a prolonged fall in September, gold returns to the game and grows over three trading sessions in a row amid growing uncertainty around North Korea and Catalonia. Russian officials assured that it is ready to launch a long-range missile after the visit to Pyongyang. Moreover, the President of Catalonia signed the Declaration of Independence. […]
Recently, Gold has been trading sideways at the price of $1,289.00. According to the 15M time – frame, I found that price has broken the upward channel in the background, which is a sign that buying looks risky. I also found a bearish flag (bearish pattern) in creation, which is another sign of weakness. My […]
Trading plan for 11/10/2017: The Japanese Nikkei 225 index closes at highest level since 1996. The European indices follow the sentiment in Asia and open higher as well. EUR/USD is trading close to 1.1830 resistance, USD/JPY is trading at 112.41, virtually unchanged. Gold declines a little and Crude Oil rally towards $51.21 level. On Wednesday, […]
Quotations of futures for the North Sea variety managed to push off from the three-week lows thanks to Saudi Arabia’s announcement of an unprecedented decline in exports. Riyadh is ready to reduce the supply of black gold in November to 7.2 million bpd, which is significantly lower than the demand for it which is at […]
Future Gold production from Guinea and consolidation of gold claims, Jeremy Crozier, President & CEO, Volcanic Gold Mines Inc. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#221654 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 […]
Recently, the Gold has been trading upwards. The price tested the level of $1.292.90. According to the 15M time – frame, I found a rising wedge in creation, which is a sign that buying looks risky. My advice is to watch for potential selling opportunities if the price breaks the support of the pattern ($1,290.00). […]
Overview The Gold price kept its stability above 1281.17 level, to start today with bullish bias on its way to head towards our first target at 1299.20, as the price gets positive support by the EMA50, to keep the bullish trend suggested in the upcoming sessions. Note that breaching the targeted level will push the […]
Overview Silver price continues to rise to begin testing the resistance line that appears on the chart, and the price needs to surpass the EMA50 that forms negative pressure against the intraday trading to confirm the continuation of the bullish bias in the upcoming sessions. In general, we will continue to suggest the bullish trend […]
WTI oil futures shifted to a more bearish bias after breaking below the psychological level at 50. The short-term outlook points to further weakness in the market since technical signals are bearish. On the 4-hour chart, both MACD and RSI are in bearish territory. The 20 and 50-period moving averages are negatively aligned and sloping […]
Gold price has broken above the short-term resistance trend lines and is testing important cloud resistance at $1,290. Breaking above the 4-hour cloud will be an important short-term reversal confirmation. I continue to believe that the next leg up towards $1,400 has started. Black line -resistance Red line – resistance Gold price is trading above […]
Measured and authoritative. So there… SO WHAT qualities might Donald Trump want in the next chair of the Federal Reserve? asks Adrian Ash at BullionVault. “We’ll do whatever we can do to prevent Kevin Warsh from taking on the role,” says Jennifer Epps-Addison, president of the self-declared ‘pro-worker, pro-immigrant’ Center for Popular Democracy. […]
Gold price is trading higher after the reversal on Friday. We have been warning Gold bears that the bullish divergence signs combined with the important support of 61.8% Fibo at $1,260 justified a strong bounce. However we do not see this as just a bounce but the start of a bigger move higher. Black line […]
Gold prices are testing the key 1280 level but it appears unlikely that gains can be sustained above it. The recent bounce higher may be short-lived as the RSI on the 4-hour chart is turning back down, indicating a loss of upside momentum. Gold’s rise above the 50-period moving average helped ease downside pressure. But […]
Ascendant produces profitable Zinc in Honduras and grows the business rapid, Cliff Hale-Sanders, Executive Vice President, Ascendant Resources Inc. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#222043 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 […]
Gold price broke out of the downward sloping triangle pattern as we expected given the signs from the bullish divergence in the RSI. However the bounce was not as strong as we expected, mainly because of the strength in the Dollar and mainly in the USDJPY. Black line – resistance (broken) Gold price is trading […]
Working with gold traders in the fall throws something in the heat, then in the cold. Dragmetall in early September against the backdrop of escalating geopolitical risks, seasonal purchases and the weakness of the US dollar reached its highest level for the year, but could not hold above $ 1,350 an ounce and the stone […]
From a sugar price point of view, what does the lift in sugar quotas mean? Phil Carr, co-founder, The Gold & Silver Club You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#222031 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 […]
