Gold held support yesterday and broke above the short-term trading range. The price breached the first short-term resistance at $1,211 and moved directly to $1,220 which was our first target. However, gold stays below resistance. My longer-term view remains bullish. Gold price has reached the 50% Fibonacci retracement of the recent decline from the February […]
Overview Gold price fluctuates near $1,200.00 level, and we are still waiting for the rally higher to breach $1,211.30 level and confirm continuation of the expected bullish trend on the intraday and short-term basis. The first upside target lies at $1,231.13. In general, we will keep our positive expectations for today unless the price breaks […]
Overview Silver price has settled at the bullish channel’s support, while stochastic keeps moving in the oversold area. Therefore, there is the chance for resuming the bearish bias in the upcoming sessions. We keep the bullish scenario valid and active until now, targeting 17.43 level as the next main station. The price needs to shrug […]
Recently, Gold has been trading sideways around the price of $1,200. According to the 30M time frame, I found a broken upward channel (bearish flag), which is a sign that buying looks risky. I have placed Fibonacci expansion to find potential downward targets. I got Fibonacci expansion 61.8% at the price of $1,199.00-$1,197.15 and Fibonacci […]
Spot gold hit the lowest level of 1194.91 since 31st Jan on 10th, and rebounded as the zone between 1195 – 1197 is the near term major support zone, where there is a stronger support. Spot gold bears had tested the significant support line at for the second time on 14th Mar, the downtrend was […]
Gold is trading sideways between $1,211 and $1,194. Price has exited the bearish channel but has not made any meaningful progress to the upside. Price is expected to have increased volatility today after the conclusion of the FOMC. Blue lines – trading range Gold price continues to trade below the Ichimoku cloud. In Ichimoku terms, […]
Technical outlook: The EUR/USD pair has dropped around 100 pips lower from 1.0715 levels where shorts were triggered. As indicated on the 4H timeframe here, it is a good strategy to book at least partial profits on the shorts taken earlier as the intraday rally is expected today. It could terminate at 1.0670 levels or […]
There is room for more upside potential for Copper prices in 2017. Raúl de Frutos, MetalMiner. https://agmetalminer.com/ You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#208491 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 […]
Overview Gold price is trading lower after the first test of the 1,211.30 level to retest the previously breached resistance to the bearish correctional channel. Here, the price kept its stability above this level, accompanied by clear positive signals from the stochastic on the four-hour time frame. Therefore, these factors encourage us to keep our […]
Overview Silver price returned to test the bullish channel’s support that appears in the above chart and keeps its stability above this level to reinforce the chances for bouncing higher and resuming the bullish trend on the intraday and short term basis, targeting testing 17.43 level initially. Therefore, our bullish expectations will remain valid for […]
Gold price bounced yesterday towards the first important short-term resistance at $1,211 but got rejected. Price remains above $1,200 and is expected today to reverse upwards and eventually break above $1,211. Not necessarily today but I believe an important low is already in. Blue lines – bearish channel (broken) Black line – resistance Gold price […]
Nevada is the gold and silver state in the US and well known for great gold production in the last 150 years. Let’s have a look at exciting companies like the producers Klondex and Rye Patch as well as the emerging producer Pershing Gold. Jochen Staiger, CEO & Founder of Swiss Resource Capital AG. You […]
Overview Gold price tested the critical resistance level at 1,211.30 as we mentioned this morning. The price needs to breach this level to confirm the continuation of the positive scenario in the short term. The next main target is located at 1,231.13. Therefore, we will keep our positive expectations unless the price breaks 1,195.28 and […]
Overview Silver price is trading a bit higher since it settled above the 17.00 level early today. We are waiting for an obvious upward bias to test 17.43. Let me remind you that breaching this level will push the price towards our next upward target at 18.30. Therefore, we can keep our bullish trend expectations […]
Gold price is bouncing and breaking out of the bearish short-term channel. This could be the start of a bigger upward move in Gold. I remain longer-term bullish expecting a move above $1,375. Blue lines – bearish channel Purple lines – resistance The oscillators have broken out of resistance on Friday and today Gold price […]
Gold price remains in a bearish trend. The daily chart is as oversold as when Gold was at $1,120. A bounce is justified and for the Gold market I expect the low will be today. Gold is most probably in wave 2 down retracing the rise from $1,120 to $1,263. Blue lines- bearish channel Purple […]
The dollar is poised to close the week on strong gains as markets wait for NFP later today. The general consensus is that unless the NFP data is disastrous, the FED will proceed with a rate hike later in March. Strong ADP emnicoployment on Wednesday though indicate that NFP today should be in line with […]
As the much anticipated Fed Base rate decision looms on the horizon, I thought I would have a look at one of the most turbulent relationships in the market which is never short of offering up some form of drama, Gold and the USD. Now to the untrained eye they seem to never get along, […]
Gold will see a huge comeback in 2017 through the new Sharia Gold Code and 1.6 Bio. Muslims are allowed to buy and hold Gold. Producers like Klondex, Rye Patch, Endeavour Silver and dividend payers like Sibanye, Caledonia and Osisko Gold Royalties shall benefit a lot from a rising gold price, Jochen Staiger, CEO & […]
For the first time in 2017, oil has fallen below the $50 mark. Is OPEC to blame? You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#208200 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 […]
E-mobility and local energy storage is conquering the world and is unstoppable. Lithium is in high demand but nobody talks about Graphite and especially CSPG meaning battery graphite to produce the anode in the battery. Demand for CSPG is expected to grow five times higher in 2020 from last year, Jochen Staiger, CEO & Founder, […]
Gold price remains inside the bearish channel and in the bearish short-term trend. The deeper than expected pullback has not changed my longer-term bullish view on Gold. I continue to expect to see Gold above $1,400 over the coming months in 2017. Blue lines – bearish channel Purple lines – resistance lines The short-term trend […]
Overview Gold price tests 38.2% Fibonacci correction level that formed critical support at $1,211.30 as we mentioned this morning. We depend on the stability above this level to prefer the bullish trend for today. Now we expect the metal to regain the main bullish trend. Positive targets are seen from $1,231.13. Therefore, the scenario suggested […]
Overview Silver price reached our expected target at $17.43 and settles near it. The price on the chart is accompanied by stochastic, so silver has entered the oversold area. It supports the chance for bouncing higher to resume the main bullish trend. Now the price is waiting for testing $18.30 initially. Therefore, we expect silver […]
Recently, Gold has been trading downwards. The price tested the level of $1,211.43. According to the 4H time frame, I found strong downward presure, which is a sign that buying looks risky. I have placed Fibonacci expansion to find a potential downward target. I got Fibonacci expansion 161.8% (extreme) at the price of $1,207.15. My […]
With a mild winter in the USA, natural gas inventories are high, but what does it mean for America? Trevor Sikorski, Energy Aspects You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#208049 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 […]
Gold price declined to new lows yesterday and is approaching important short-term support that could produce a tradeable bounce. My longer-term view remains bullish although there are risks of a push towards $1,180 in the short term. Blue lines – bullish channel Gold price is trading below the Ichimoku cloud. Price is in a bearish […]
Overview Gold price shows slight bearish bias now as a signal to resume the expected bearish bias for today. Here the price moves within the bearish bias that carries the price since the last top that was recorded at 1,263.17. Wait for visiting 38.2% Fibonacci correction level at 1,211.30. Therefore, the bearish trend will remain […]
Overview Silver price trades with calm negativity in its way to head towards our waited target at 17.43. We remind you that we are waiting for a bullish rebound after testing the mentioned level. Here stochastic reaches the thresholds of the oversold levels to support the expected rebound. Therefore, the bearish bias will remain preferred […]
Gold spot price has turned bearish since 27th Feb, after hitting a one-and-a-half month high of 1263.73. The short-term major uptrend uptrend line support was broken on 3rd Mar. The current price is testing the near-term major support zone between 1220 – 1223, where provides stronger support. The downtrend is likely to be held temporarily […]
