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 […]
Gold price made new highs yesterday and confirmed that the shallow pullback towards $1,180 ended the entire correction of the move from $1,122 to $1,220. Gold trend is bullish and is expected to reach $1,280-60 soon. Bulls do not want to see Gold below $1,1197 and specially below $1,180. Blue line – resistance Red line […]
Recently, gold has been trading upwards. The price tested the level of $1,225.33. According to the 4H time frame, I found a broken resistance zone and broken Fibonacci expansion 61.8%, which is a sign of strength. I placed Fibonacci expansion to find potential upward targets. I got Fibonacci expansion 100% at the price of $1,232.55 […]
As expected, gold price pulled back towards $1,200 and now is bouncing strongly upwards towards the previous highs of $1,220. The metal is trading inside a narrow range. The downward correction might already be over. We keep our longer-term bullish view. Blue line – resistance Red line – support Gold price is trading above the […]
Recently, gold has been trading downwards. The price tested the level of $1,202.64. According to the 30M time frame, I found a broken upward channel, which is a sign for a potential downward price. My advice is to watch for potential selling opportunities. There is a broken support live on RSI, which is another sign […]
Gold price has moved higher yesterday due to a weaker Dollar following remarks made by POTUS Donald Trump. Gold however did not make a new higher high above $1,220. The short-term bearish scenario is still open with a pull back towards $1,160. Red line – short-term support trend line Blue line- bearish divergence Gold price […]
Overview Gold price opened today’s trade with the obvious bullish bias to breach 1,197.10 level and settled above it. This enables the positive scenario on the intraday and short-term basis, paving the way to head towards the recently recorded top at 1,218.55 as the nearest target. Therefore, the bullish trend will be suggested in the […]
Overview Silver price has been fluctuating within a tight range since yesterday. Stochastic managed to get rid of its negativity and started providing positive signals. It means that the bullish trend can resume in the upcoming sessions, with the first target lying at 17.43 level. Therefore, our bullish overview remains valid on the intraday and […]
“At the moment the real problem for us coal is the lack of demand and removing those restrictions does nothing at all to address that”. 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/#205197 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 […]
Recently, gold has been trading upawrds. As I expected, the price tested the level of $1,207.78. According to the 30M time frame, I found confrmed bullish divergence on a Moving Average Oscilator, which is a sign of potential strength. My advice is to watch for buying opportunities. A target is set on the supply cluster […]
Our recent analysis bases on a previous report of the potential for a further run in the US markets based on a number of technical and fundamental factors leads to the question of “what could happen with Gold and Silver”. A broad US market rally may put some pressure on the metals markets initially, but, […]
We will see the release of the US ISM Manufacturing PMI, and ISM Prices Paid for January, at 15:00 GMT on Wednesday 1st February. The Fed will release Monetary Policy statement and interest rate decision at 19:00 GMT on the same day. Trump’s stance is in favour of a weak dollar, therefore the changes of […]
Possible market moving events today are inflation figures from Euro area as well as the unemployment rate. In the US, we have the consumer confidence due. Yesterday, Markets were rocked by Trump’s dismissal of the Attorney General, who refused to implement the travel ban. Markets are starting to be cautious over the protectionist policies. The […]
Gold price bounced towards $1,204 yesterday. This Gold bounce was expected since price reached the $1,180 level where the 38% Fibonacci retracement was found. Gold price is expected to make a lower high around current levels and reverse downwards towards $1,160. Gold price is trading below the Ichimoku cloud in the 4 hour chart. Price […]
Overview Gold price shows a bearish bias after approaching the critical resistance at 1,197.10, which represents one of the next trend keys besides 1,183.83 support, where the price is following its way to test this support. Therefore, we prefer staying aside for a while in order to monitor the price behavior according to the key […]
Overview Silver price bounced strongly to the upside after approaching 16.56 level. The matel is expected to resume the main bullish track approaching our first target at 17.43. We are waiting until the metal breaches this level to confirm the way towards 18.30 as a next main station. Therefore, our bullish overview will remain valid […]
Reflationary trades have resumed their uptrend, possibly towards end of February, meanwhile EUR/USD and Gold could retest lows. Jean-Francois Owczarczak, Director, FinGraphs.com. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#205057 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 […]
Recently, gold has been trading upawrds. The price tested the level of $1,195.71. According to the 30M time frame, I found confrmed bullish divergence on a Moving Average Oscilator, which is a sign of potential strength. My advice is to watch for buying opportunities. Targets are set at the price of $1,202.70 and $1,207.60. Resistance […]
Gold price has bounced as expected towards $1,200. Price reached $1,197 and got rejected. Gold price is expected to continue lower towards $1,160-50 area. Short-term trend is bearish. Important long-term support at $1,160-50. Gold price is trading below the Ichimoku cloud on the 4-hour chart. Price is making lower lows and lower highs. The rejection […]
Overview Gold price is testing 1,183.83 level after closing the last four-hour candlestick below it. As long as the price is below this level, the negative pressure will remain dominant for today, waiting to test 1,173.00 as the next main target. Let me remind you that breaking this level will extend gold losses to reach […]
Overview Silver price continues its negative pressure to break the minor bullish channel’s support and head towards the critical support of 16.56. As we mentioned in our recent reports, the price needs to hold above this level to keep the bullish trend active on the intraday and short-term basis, as breaking this level will push […]
Recently, gold has been trading downwards. As I expected, the price tested the level of $1,181.31. According to the 30M time frame, I found unconfirmed bullish divergence on a Moving Average Oscilator, which is a sign of potential strength. To confirm bullish divergence, the price needs to break the level of $1,191.50. Anyway, the trend […]
Donald Trump will provide further upside for copper prices. Demand will rise through the proposed 1 Trillion USD infrastructure programme as well as higher demand from China. India will also give copper stocks great potential in the future. Jochen Staiger, CEO & Founder, Swiss Resource Capital AG. You can view this video and the full […]
Gold has reached our first target of $1,180 where the 38% Fibonacci retracement is found. Gold could bounce back towards $1,200 but overall I expect Gold price to continue lower towards $1,160. Gold is now in a corrective phase relative to the rise from $1,122 to $1,220. Gold is trading below the 4-hour Ichimoku cloud […]
The Steel Sector has to communicate effectively with Theresa May’s government to make sure Brexit negotiations will benefit the industry-not harm it. Gareth Stace, UK Steel You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#204740 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 […]
Overview The gold price touched our awaited target at 1,197.10 and closed above the mark, showing bullish rebound signals that support the chances of resuming the main bullish trend again after the recent temporary decline. Stochastic shows clear positive signals on the four-hour time frame. Therefore, the bullish trend will be suggested in the upcoming […]
Overview The silver price is trading downwards trying to breach the minor bullish channel’s support, so be careful in upcoming trading. The price is likely to test 16.56 before it returns to a rise again. The price struggles to surpass the EMA50. In general, the bullish trend scenario will remain active until now if the […]
